Navigation Links
India's Pharmaceutical Industry to Be Global Player: Study

India's pharmaceutical companies are gearing up to become a major global player, not only in producing low-price generic medicines but also as innovators in drugs and// vaccines, according to a study.

"India is innovating its way out of poverty," said Nature Technology study co-author Peter Singer of the McLaughlin-Rotman Centre for Global Health in Toronto.

India could revolutionise biotechnology on the basis of its large and increasingly well-educated workforce, just as it did information technology, Singer believes.

The costs are considerably lower for companies operating in India, the study published in the April 9 issue of the journal says, citing as an example the way the 1997 launch of an Indian hepatitis B vaccine cut prices to one-thirtieth.

"The biotech industry is globalising rapidly," Singer said, adding that the world market for generics was expected to increase significantly in the next few years as several major drugs lost patent protection.

India is well placed to take advantage of this, according to the study that looked at 21 Indian firms.

The authors caution, however, that the lure of profits on the world market could distract attention from research into illnesses typical of developing countries.

The study was published ahead of a conference in Toronto May 2-4 of biotech firms from the US, Canada, India, China, Brazil and Africa.


Page: 1

Related medicine news :

1. Indias anti-AIDS drug market engaged in price war
2. SARS: Indias drugs in demand
3. Indias Hospitals Among The Best, Says Renuka Chowdhury
4. Indias vaccination project gets a boost
5. WHO Commends Indias Bird Flu Response
6. Minister Of State For Industry Urges Corporate Sectors To Help Indias Disabled Population
7. Indias Economic Boom Pack To Waste Children Life
8. Indias Northeast Students to Get Satellite-based Education Soon
9. Norway Grants $80 mn to Indias Health Mission
10. Pakistani Child is Indias Youngest Liver Transplant Recipient
11. Avian flu-free Status to Boost Indias Poultry Exports
Post Your Comments:

(Date:6/24/2016)... ... , ... Comfort Keepers® of San Diego, CA is excited to announce they ... to drive cancer patients to and from their cancer treatments. Comfort Keepers provides ... life and ongoing independence. Getting to and from medical treatments is one of ...
(Date:6/24/2016)... , ... June 24, 2016 , ... People across the ... Genome magazine’s Code Talker Award, an essay contest in which patients and their families ... to be presented at the 2016 National Society of Genetic Counselors (NSGC) Annual Education ...
(Date:6/24/2016)... NY (PRWEB) , ... June 24, 2016 , ... ... Haute Living, is proud to recognize Dr. Barry M. Weintraub as a prominent ... “the most beautiful women in the world, and the most handsome men, look ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... the Frederick area economy by obtaining investment capital for emerging technology companies. ... years that have already resulted in more than a million dollars of capital ...
(Date:6/24/2016)... ... June 24, 2016 , ... Venture Construction Group (VCG) ... held on June 20th at the Woodmont Country Club at 1201 Rockville Pike, ... organization dedicated to helping service members that have been wounded in battle and their ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... Jazz Pharmaceuticals plc (Nasdaq: JAZZ ... Antitrust Improvements Act of 1976, as amended ("HSR"), with ... ("Celator"; Nasdaq: CPXX ) expired effective June ... As previously announced on May 31, 2016, Jazz ... under which Jazz Pharmaceuticals has commenced a tender offer ...
(Date:6/24/2016)... , June 24, 2016  Consumers have taken ... regulators/payers have placed more emphasis on patient outcomes. ... support programs in the pharmaceutical industry have evolved ... Consequently, pharmaceutical companies are focusing on becoming more ... providing products and services that improve health. ...
(Date:6/24/2016)... , June 24, 2016   Bay Area ... Network,s Dean Center for Tick Borne Illness ... and Rehabilitation, MIT Hacking Medicine, University of California, ... today announced the five finalists of Lyme ... disease.  More than 100 scientists, clinicians, researchers, entrepreneurs, ...
Breaking Medicine Technology: