Digital Adoption Drives 9-11% Revenue Growth in Pharma for FY25-FY26

In the pharmaceutical industry, a revenue growth of 9-11 percent is expected for FY25 and FY26, supported by digital transformation, increased internet availability, and broader expansion in Tier-I and Tier-II cities. The top local brokerage has...

Precision Medicine Market Rises on Genomics Demand

The Precision Medicine Software market is fueled by the rising occurrence of chronic illnesses, progress in genomics, and heightened consumer interest in tailored healthcare solutions. The increasing prevalence of cancer, heart diseases, and...

Digital Shift in Healthcare Powers Growth of Pharma eCommerce Market

The expansion of the global pharmaceutical eCommerce market is fueled by the swift embrace of digital platforms within the healthcare sector, with projections indicating a compound annual growth rate (CAGR) of 14.4% from 2024 to 2034. The market...

Verismo-HLB Innovation Merger to Accelerate KIR-CAR Cancer Treatment

Verismo Therapeutics and HLB Innovation will expedite the clinical advancement of SynKIR-110 and SynKIR-310 for patients with solid tumors and blood cancers, respectively, reinforcing the shared goal of Verismo and HLB Group to promote their...

Pharma Exports Surge to Rs 2.3 Lakh Crore in FY24, Doubling Since FY14

In the financial year 2024, India's pharmaceutical exports totaled Rs 2.3 lakh crore, an increase from Rs 1.1 lakh crore in FY14. Pharma exports increased by 8.36% from Rs 17,750 crore in July 2023 to Rs 18,670 crore in July 2024. The government...

India's Medical Device Sector Emerges as a Sunrise Market

The medical device sector in India is recognized as a sunrise sector because of its immense growth potential driven by the country's increasing healthcare needs, technological innovations, government support, and emerging market opportunities, as...

India's Pharma Market Hits $50 Billion, 3rd Globally in FY 2023-24

India's pharmaceutical sector, ranked as the third largest in the world by volume, was valued at $50 billion in the fiscal year 2023-24, as per Union Minister of State for Chemicals and Fertilizers Anupriya Patel. The domestic consumption value of...

Addressing Antimicrobial Resistance (AMR) Through Collaborative Efforts

In an exclusive interview with India Pharma Outlook, JaideepGogtay, Global Chief Medical Officer at Cipla, discusses how pharmaceutical companies in India are adjusting their R&D strategies to address antimicrobial resistance (AMR). The discussion...

China to Lead Pharma Data Analytics Market with 25.9% Share by 2028

China is the biggest market for data and analytics in the pharmaceutical industry, accounting for about 20.2% of worldwide sales in 2022, rising to 25.9% by 2028. The global data and analytics market in pharmaceuticals is projected to grow at a...

Prokinetic Agents Drive Growth in Gastroparesis Drugs Market

The application of prokinetic agents for symptoms such as constipation, which is a result of reduced motility in the distal gastrointestinal tract, further boosts their demand and propels the growth of the gastroparesis drugs market throughout the...