Imports weaken Indian pharma – The Hindu

Imports weaken Indian pharma – The Hindu

New medicines are generally under patent protection, preventing Indian companies from producing affordable generics/biosimilars. | Photo Credit: Getty Images/iStockphoto Ensuring the affordability of pharmaceuticals is essential for controlling healthcare costs, especially in India, where out-of-pocket health expenditures accounted for nearly 47.1% of the total health expenditure in 2021. While the Drugs Price Control Order, 2013, … Read more

India’s active pharmaceutical ingredients industry to grow 7-8 pc in FY25

India’s active pharmaceutical ingredients industry to grow 7-8 pc in FY25

New Delhi: Indian active pharmaceutical ingredients (API) industry is set to grow 7-8 per cent in FY25, from an estimated size of $13-$14 billion in 2023, a report said on Monday. The growth will be driven by a steady ramp-up in the pharmaceutical formulations industry which, in turn, will be aided by an increasing geriatric … Read more