The Indian pharmaceutical industry is changing at a fast rate due to bioinformatics, healthcare market research and turnkey contracting. Bioinformatics is now a critical element in the Indian pharmaceutical industry. Biological data combined with computational approaches allows for understanding of genetic information, identification of potential drug interactions and optimization of drug development. Bioinformatics in Indian firms has been used to increase the accuracy of diagnosis, decrease the cost of research and development and bring about speedy development of accurate medications. This field is crucial in the development of the concept of the individualized approach and the treatment of genetic diseases.

"Bioinformatics has been used to increase the accuracy of diagnosis, decrease the cost of research & development & bring about speedy development of accurate medications"

Next up is the pharmaceutical turnkey contracting that means the provision of a full range of services that includes the design and implementation of pharmaceutical manufacturing processes. In India, turnkey contractors are making production lines more efficient by handling everything from the design of the plant to the installation of the equipment and the acquisition of permits. This approach has a benefit of cutting the time and costs of establishing new...