This video explores the reasons behind India's decision to join PIC/S and its potential impact on the Indian pharmaceutical market. The UAE and other advanced economies often reference prices in developed markets, which pose barriers for affordable Indian drugs, despite their superior quality. Talks are underway to address pricing norms and facilitate Indian generic drug and vaccine exports. The absence of India and China from PIC/S has skewed the price mechanism towards higher prices, hindering Indian exporters of affordable medicines
9 Jun 2023Indian pharma in 2023: Industry experts give big thumbs up to the sector. Here's what they are saying. According to a recent EY FICCI report, the Indian pharmaceutical market is estimated to touch $130 billion in value by the end of 2030.
7 May 2023The Indian govt has curbed the export of 13 APIs and their formulations with immediate effect. Mint analyses how the disease could hit the supply of medicines from China
2 min read3 Mar 2020A higher market share coupled with cost-control measures should help Indian firms recoup some of the lost groundThe rise in market share coincides with the change in the competitive landscape in the US drug market
2 min read7 May 2019The spike in deal activity could be attributed to Aurobindo Pharma's agreement to buy units of Sandoz for $1 billion
3 min read25 Sep 2018India dominates the world's generic drugs market, exporting $17.3 billion worth of drugs in the 2017/18 (April-March) year, including to the United States and the EU
3 min read12 Jul 2018While it does appear as if the worst is behind the pharmaceutical sector, the recovery is not going to be rapid and companies have a long road ahead of them
1 min read7 Jun 2018The medicine bank will be used for public health emergencies in India or abroad
2 min read4 Jun 2018The Aurobindo Pharma episode underlines the fact that the US FDA's regulatory glare on Indian pharmaceutical companies is not going away
3 min read6 Mar 2018The outlook for the US generics' business of Indian pharmaceutical companies continues to look uncertain as pressure on prices continues
1 min read2 Mar 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared