India's pharmaceutical sector is currently undergoing unprecedented change. Much of this is due to the country's introduction, on 1st January, 2005, of a system of product patents. Both multinational companies and domestic players are examining the prospects offered by the local market as the ...
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China has exempted import tariffs for 28 drugs, including all cancer drugs, from May 1, which was seen as a good news for India's pharmaceutical industry and medicine export to China, as it would help in reducing trade imbalance between China and India in the future. Leading Indian companies...
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The pandemic has had a huge impact on India’s R&D across industries, especially with the pharma sector striving to be strong in this area of critical need despite several issues impeding its growth. For instance, lockdowns and other restrictions enforced to prevent the spread of the virus for...
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Pharmaceuticals export from India is expected to cross 25 billion dollars this fiscal. Union Minister for Chemicals and Fertilizers D.V. Sadananda Gowda said that the contribution of Indian pharmaceutical sector has been reinforced during this pandemic year when the companies, global and Indian, steppe...
4. Market Potential : The healthcare sector continues to grow steadily, driven by factors such as population growth, aging demographics, and increasing health awareness. As a result, there is ample room for expansion and profitability in the pharma franchise business. Conclusion: Pioneering Healthcar...
There was another report by RNCOS titled "Booming Pharma Sector in India" in which it was projectedt that thepharmaceutical formulationsindustry is expected to prosper in the same manner as the pharmaceutical industry. The domestic formulations market will grow at an annual rate of around 17% in...