 "medicine, drug, antibiotic, doctor, pharmaceuticals")
Domestic pharmaceutical companies are expanding their Africa operations with product launches in new markets.
In FY17, Indian drugmakers exported medicines worth $3 billion to Africa and the continent is the second-largest export market for Indian companies after the United States.
According to health-care service provider QuintilesIMS, the overall African drug market is estimated to grow from $20 billion in 2016 to $30 billion by 2021. Much of the projected growth will come with a change in regulations, increase in health spending and a rise in demand for medicines to treat chronic and lifestyle-related ailments.
One such change in regulation came into force in
