Pharmaceutical Industry Trends

April 11, 2014: The Government of India has introduced a self-certification mechanism for barcoding of secondary and tertiary level packaging of drugs. The move is expected to further simplify the export orders.  

 

It may be noted here that a barcode helps in tracking and tracing the origin of drugs which h...

March 25, 2014: Foreign direct investment (FDI) into the Indian pharmaceutical sector has more than doubled during the April-December 2013 period in this fiscal at US$ 1.26 billion. FDI in the drugs and pharmaceutical sector stood at US$ 589 million in the corresponding period last fiscal, according to the data from the Department of Industrial Policy and Promotion (DIPP).

March 12, 2014: The World Health Organisation has strongly endorsed India’s patent laws and no country including the United States has challenged it at the WTO claiming that the laws infringe trade related intellectual property rights, the Indian drugmakers have told the US Trade Commission.

 

It may be noted here that the commission is a quasi-j...

March 02, 2014: The pharma sector in India is expected to clock total sales of US$ 27 billion by 2016, according a recent report by Deloitte. The study is expecting the sector to register a growth of 14.4 per cent from last year. The consultancy firm said in its report titled 2014 Global Life Sciences Outlook that pharma sales in India stood at US$ 22.6 billion in 2...

February 14, 2014: The pharma exports from India will be more than the size of the domestic sales by FY15, according a recent report by India Ratings & Research. While revising its outlook for the sector for next fiscal to positive from stable because of increased exports, the firm said that the domestic pharma market is expected to see high single digit revenue growth a...

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