Pharmaceutical Industry - Generic formulations pharmaceuticals medicines drugs speciality chemicals products -Soulnature India-generic pharmaceuticals herbals extracts dietary supplements nutraceuticals contract manufacturers distributors retailers wholesalers importers exporters buyers sellers WHO cGMP
BUSINESS DIRECTORY PRODUCT DIRECTORY PHARMACEUTICAL DIRECTORY PHARMA TRADE EXPORT IMPORT POLICIES POLICIES & ORDERS

Home » Indian Pharmaceutical Industry Overview

Finished Formulations
Pharmaceutical Drugs

Glossary



Social Media Powered by: ViaGuru.info - Google Search Engine - ViaGuru SEO for Business Online Advertising Marketing
Google

Indian Pharmaceutical Industry: An Overview


“The Indian pharmaceutical industry is a success story providing employment for millions and ensuring that essential drugs at affordable prices are available to the vast population of this sub-continent.”
Richard Gerster

The Indian Pharmaceutical Industry today is in the front rank of India’s science-based industries with wide ranging capabilities in the complex field of drug manufacture and technology. A highly organized sector, the Indian Pharma Industry is estimated to be worth $ 4.5 billion, growing at about 8 to 9 percent annually. It ranks very high in the third world, in terms of technology, quality and range of medicines manufactured. From simple headache pills to sophisticated antibiotics and complex cardiac compounds, almost every type of medicine is now made indigenously.

Playing a key role in promoting and sustaining development in the vital field of medicines, Indian Pharma Industry boasts of quality producers and many units approved by regulatory authorities in USA and UK. International companies associated with this sector have stimulated, assisted and spearheaded this dynamic development in the past 53 years and helped to put India on the pharmaceutical map of the world.

The Indian Pharmaceutical sector is highly fragmented with more than 20, 000 registered units. It has expanded drastically in the last two decades. The leading 250 pharmaceutical companies control 70% of the market with market leader holding nearly 7% of the market share. It is an extremely fragmented market with severe price competition and government price control.

The pharmaceutical industry in India meets around 70% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are about 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units). These units produce the complete range of pharmaceutical formulations, i.e., medicines ready for consumption by patients and about 350 bulk drugs, i.e., chemicals having therapeutic value and used for production of pharmaceutical formulations.

Following the de-licensing of the pharmaceutical industry, industrial licensing for most of the drugs and pharmaceutical products has been done away with. Manufacturers are free to produce any drug duly approved by the Drug Control Authority. Technologically strong and totally self-reliant, the pharmaceutical industry in India has low costs of production, low R&D costs, innovative scientific manpower, strength of national laboratories and an increasing balance of trade. The Pharmaceutical Industry, with its rich scientific talents and research capabilities, supported by Intellectual Property Protection regime is well set to take on the international market.

ADVANTAGE INDIA
Competent workforce: India has a pool of personnel with high managerial and technical competence as also skilled workforce. It has an educated work force and English is commonly used. Professional services are easily available.

Cost-effective chemical synthesis: Its track record of development, particularly in the area of improved cost-beneficial chemical synthesis for various drug molecules is excellent. It provides a wide variety of bulk drugs and exports sophisticated bulk drugs.

Legal & Financial Framework: India has a 53 year old democracyand hence has a solid legal framework and strong financial markets. There is already an established international industry and business community.

Information & Technology: It has a good network of world-class educational institutions and established strengths in Information Technology.

Globalisation: The country is committed to a free market economy and globalization. Above all, it has a 70 million middle class market, which is continuously growing.

Consolidation: For the first time in many years, the international pharmaceutical industry is finding great opportunities in India. The process of consolidation, which has become a generalized phenomenon in the world pharmaceutical industry, has started taking place in India.

THE GROWTH SCENARIO
India's US$ 3.1 billion pharmaceutical industry is growing at the rate of 14 percent per year. It is one of the largest and most advanced among the developing countries.

Over 20, 000 registered pharmaceutical manufacturers exist in the country. The domestic pharmaceuticals industry output is expected to exceed Rs260 billion in the financial year 2002, which accounts for merely 1.3% of the global pharmaceutical sector. Of this, bulk drugs will account for Rs 54 bn (21%) and formulations, the remaining Rs 210 bn (79%). In financial year 2001, imports were Rs 20 bn while exports were Rs87 bn.

STEPS TO STRENGTHEN THE INDUSTRY
Indian companies need to attain the right product-mix for sustained future growth. Core competencies will play an important role in determining the future of many Indian pharmaceutical companies in the post product-patent regime after 2005. Indian companies, in an effort to consolidate their position, will have to increasingly look at merger and acquisition options of either companies or products. This would help them to offset loss of new product options, improve their R&D efforts and improve distribution to penetrate markets.

Research and development has always taken the back seat amongst Indian pharmaceutical companies. In order to stay competitive in the future, Indian companies will have to refocus and invest heavily in R&D.

The Indian pharmaceutical industry also needs to take advantage of the recent advances in biotechnology and information technology. The future of the industry will be determined by how well it markets its products to several regions and distributes risks, its forward and backward integration capabilities, its R&D, its consolidation through mergers and acquisitions, co-marketing and licensing agreements.


Pharmaceutical & Drug ManufacturersThe portal gives you extensive list of the cGMP contract manufacturer of herbals and pharmaceutical manufacturing capabilities. It also contains the valuable information pertaining to the drug manufacturing with the names of various drugs.



soulnature vigrex

Pharmaceutical Finished Formulationssoulnature export importPharmaceutical Finished Formulations:
Under finished pharmaceutical formulations the drugs are manufactured under strict quality control for ensuring a completely safe product. The finished formulations are available in the form of tablets, capsules, injections.

Injection | Capsule | Tablets | Birth Control Device | Ointments | Syrups

soulnature buyers sellers

Pharmaceutical Drugssoulnature buy sellPharmaceutical Drugs:
Pharmaceutical Drugs are those drugs that are given under the supervision of physicians to cure various physical disorders. They are either prescriptive or non prescriptive.

Browse thru' the list of major drugs, classified as prescription & non prescription drugs.





Pharmaceutical Industry - Generic formulations pharmaceuticals medicines drugs speciality chemicals products - Ezee Soulnature Healthcare - India - manufacturers, exporters, suppliers, wholesalers, distributors Directory - Business generic pharmaceuticals herbals vigrex sildenafil vigalis vardenafil medicines supplements distributors retailers wholesalers importers exporters buyers sellers government ngo essential supplies WHO cGMP contract manufacturing manufacturers in India.Agents, fungal, Cough-Suppressants, Expectorants, Non-steroidal, inflammatory.Tablets, Amlodipine Besylate, Aciclovir, Atorvastatin, Atenolol, Azithromycin, Allopurinol, Bisacodyl, Cyproheptadine, Cefuroxime Axetil, Cefixime, Cetrizine Hydrochloride, Ciprofloxacin, Cephalexin, Cetrizine Hydrochloride, Chloroquine, Diclofenac, Domperidone, Enalapril Maleate, Erythromycin Estolate, Ethamsylate, Fexofenadine, Fluconazole , Gliclazide, Glipizide, Glibenclamide, Gatifloxacin, Hyosine Butyl Bromide, Isosorbide Mononitrate, Ketoconazole, Losartan Potassium, Lovastatin, Levofloxacin, Lisinopril (Anhydrous), Loratidine, Levocetrizine, Levamisole Hydrochloride, Mecobalamin, Metformin Hydrochloride, Metformin Hydrochloride, Metocloperamide, Norethindrone Acetate, Nimesulide, Nimesulidel, Ofloxacin, Piroxicam, Pantoprazole, Paracetamol, Piroxicam, Roxithromycin, Ramipril, Roxithromycin, Sildenafil Citrate, Secnidazole, Serratiopeptiadase, Tadalafil, Tinidazole, Capsule, Alfacalcidol, Ampicillin, Amoxycillin, Cephalexin, Celecoxib, Doxycycline, Lansoprazole, Omeprazole, Birth Control, Condoms, Clotrimazole, Ointments, Betamethasone, Clotrimazole Cream, Diclofenac, Ketoconazole, Ciprofloxacin, Povidone-Iodine, Norfloxacin, Ofloxacin, Polymyxin-B, Soframycin, Tobramycin + Dexamethasone, Syrups, Ambroxol, Amoxicillin, Bromhexine, Cefpodoxime Proxetil, Cefixime, Cefadroxil, Cephalexin, Cefuroxime, Cefaclor, Clarithromycin, Cloxacillin, Cetirizine Hydrochloride, Paracetamol, Chlorpheniramine Maleate, Dextromethorphan, Erythromycin, Ephedrine/Guaifenesin Syrup, Iron Tonic, Multivitamins, Phenylephrine, Pseudoephedrine, Protein Powder, Salbutamol, herbal, weight, loss, supplements, nutraceuticals

 

Soulnature India Healthcare Business Custom Manufacturing & Exports of Generic Pharmaceuticals & Herbal Dietary Supplements

SEO Search Engine Optimization Powered by: ViaGuru.com - Online Business Internet Marketing Advertising SEO Softwares Scripts Tools Search Engine for Exporters Importers Buyers Sellers Distributors Wholesalers Retailers Agents Resellers Home Business International Marketplace.