GSK, J&J, Novartis, Merck are among top 20 firms working towards making available essential drugs in low- and middle-income countries
Firms like Dr Reddy's and Cadila have seen US revenues dip due to heavy pressure on generics market
Indian firms enjoy 77% share, post 12.6% growth against 7.9% by MNCs, with superior penetration, brand recall, marketing
Spread of drug-resistant infections could hit the global economy even harder than the the 2008 financial crisis
Dept of pharmaceuticals, finance ministry to work together on quantum of waiver on interest payment
There are 27,000 pharmacy outlets in Gujarat, they can stop selling unsafe drugs after aberrations are detected in the batch
Price control, ban on fixed dose combinations cited as reasons for slower growth
Diabetic, neurology and cardiac segments beat overall pharma market growth by 250-700 bps, gastro and anti-infective were laggards According to data from the AIOCD-AWACS, the market research wing of the All India Organisation of Chemists and Druggists (AIOCD), the pharmaceutical market saw a growth of 7.7 per cent in May as against 3.5 per cent previous month. "We believe the impact of the FDC ban should lessen going ahead as companies launch new combinations," Religare research analyst Praful Bohra said in a report. On the other hand, the non-FDC category grew relatively better at 8.4 per cent in May as against 4.2 per cent in April, he added. The Centre recently banned 344 FDC drugs based on the findings of an expert panel. FDC drugs continued to witness weak growth, mostly in anti-infective and dermatology therapies. Therapy-wise, the anti-diabetic, neurology/CNS and cardiac segments outperformed the pharma market growth by ...
Govt also looking at financial viability for providing Rs 200 cr each to three new bulk drug manufacturing parks
The judgment will save taxpayers' money without hurting the pharma industry or R&D