A strip of Lipitor (branded drug) costs more than 800 INR and Atorvastatin (Lipitor’s generic version) costs within 72 INR. Many other such examples can be given where a branded medicine costs 10-12 times more than its generic version
Usage of herbal extracts for pharmaceutical formulations have grown over the years and that has contributed to the estimated growth of the industry for plant extracts to 61.5 Bn USD by 2027 exhibiting a CAGR of 12.2 percent
Due to several causes, including changing demographics, expanding healthcare awareness, medical technology developments, and rising healthcare demand, the hospital industry in India was undergoing substantial expansion and transition...
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Advances in surgical technologies have enabled surgical procedures to become less traumatic for the patient. Many surgeries have transitioned away from an open method towards a less invasive laparoscopic approach...
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In an effort to promote the generic medicines industry of the country, the government has taken positive steps regarding IPR issues related to the pharmaceutical sector of the country according to a report published by Global Trade Research...
New manufacturing standards have been imposed on pharmaceutical companies by the government in order to address the safety and quality related concerns associated with drugs...
The Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) has achieved yet another landmark in the history of generic drugs and sold medicines worth 1000 Crore INR last year...
The traditional batch manufacturing was very well established but had many lacunas that needed to be addressed. Time Management was one of the biggest concerns among them...
To strengthen the current situation of the Indian population and meet their medicinal requirements, initiatives by the Indian Government such as self-reliance and Make in India have fortified the pharmaceutical industry...
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Stryker, one of the world’s leading medical technologies companies, has introduced the Tornier shoulder arthroplasty portfolio in India and launched its first new Tornier product, the PerformTM Humeral Stem today at Shoulder Conclave in Pune...
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