Pharma Market Up 9.9% in Value, 3.1% in Volume for November

The Indian pharmaceutical market (IPM) saw an increase of 9.9% in value and 3.1% in volume in November, as per Pharmarack. Following a lackluster volume growth for four months, November emerged as a favorable month for the sector, suggesting an...

Indian Pharma Soars 9.9%, Powered by Pricing and New Launches

The Indian pharmaceutical market showed a growth of 9.9% year-on-year in November 2024, compared to an average growth of 6.0% year-on-year during the July-October period (which was up 2.9% YoY in November 2023). The overall increase during the...

Obesity Market Boom Propels Major Pharma firms to Global Top-Tier Status

The rising global demand for weight-loss drugs has propelled major pharmaceuticals firms Eli lilly and Novo Nordisk among the world's most valuable companies as they aggressively compete in the obesity market that analysts predict could cross $100...

India's Indigenous Antibiotic to Combat AMR Highlights Pharma Progress

The arrival of nafithromycin, the nation’s initial homegrown macrolide antibiotic currently waiting for final endorsement from the Central Drugs Standard Control Organization (CDSCO), will mark a crucial moment in the battle against antimicrobial...

Generic Pharma Booms as Demand Fuels Growth and Innovation

The market for generic pharmaceuticals is experiencing notable expansion driven by the rising demand for affordable medications and advancements in drug production. Most generic medications fall under the category of prescription drugs. According...

Pharmaceuticals Drive Job Creation, Contributing 75% Alongside Other Sectors

The pharmaceuticals industry, along with mobile phones and food processing, demonstrated robust performance since these three together constitute more than 75 percent of all jobs generated. According to an Indian Express report referencing RTI...

Medical Devices to Lead the Surge in Nano Biotechnology Market Growth

The segment of medical devices is expected to grow the quickest in the Nano Biotechnology Market. With the progress of medical technology, the incorporation of nano-engineered materials in diagnostic equipment, wound care products, and biosensors...

Marine Pharma Market Fueled by Biotech Funding and Natural Medicine Demand

The growth of the Marine Derived Pharmaceuticals Market is fueled by heightened investments in marine biotechnologies and the growing need for innovative natural medicines sourced from marine life, including sponges, corals, and deep-sea bacteria...

India Leads in Medical Device Sterilization with E-Beam Tech

The domestically created E-beam technology can enable India to become a worldwide leader in the sterilization of medical devices and various radiation-related applications. India reached a significant milestone when the electron beam (E-beam)...

Biocon Biologics Bags Global Entry for Biosimilar Ustekinumab in Key Markets

Biocon Biologics, a branch of Biocon, has gained access to the market for the biosimilar Ustekinumab in Europe, the United Kingdom (UK), Canada, and Japan. Ustekinumab is a human monoclonal antibody that inhibits the irregular regulation of...