Private chains such as Generico and StayHappi Pharmacy see an opportunity and are aiming to expand rapidly over the coming months
Traditionally, small and medium players had focused on the semi-regulated markets such as Latin America and Africa, among others
Price decline has slowed from double digits to lower single digit for Indian pharma companies in US
Acceleration in outsourcing trend is expected to help Divi's Labs, Jubilant Life and Syngene post strong revenue growth
This makes India a country with one of the lowest medicine spends
This would also safeguard them from margin pressure, said the report
Under the current norms, pollution control boards lay down permissible effluent limits while granting approval
India's drug makers spent $1.4 billion in the previous financial on R&D
The sector saw FDI equity inflows of $2.25 bn from Apr 2014-Mar 2016, says report
Pankaj Patel said this would simplify the processes and improve ease of doing business
President-elect Donald Trump has announced that creating jobs would be the cornerstone of his presidency and took aim at the pharmaceutical sector vowing to bring the industry back to the US.
Gujarat houses nearly 135 licensed medical devices manufacturers in the country
The S&P BSE Healthcare index was up 2.4% as compared to 1.5% rise in the S&P BSE Sensex at 02:55 pm
Dr Reddys, Sun Pharma, Lupin, Glenmark Pharma and Cadila Healthcare were down between 4% and 5% on the NSE.
Strides Shasun, Jubilant Life Sciences and Sun Pharma Advanced Research were up between 5% and 12%.
Total amount these firms owe to government is around Rs 3,500 crore
Aurobindo, Glenmark, Natco see strong domestic and US growth, which should reflect in results
Digital platforms are making it simpler for the drug companies to communicate with doctors
Company has made an investment to the tune of Rs 321.44 crore in FY16 to set up two new state-of-the-art manufacturing facilities
The idea behind a uniform code is to ensure fair marketing in the sector. Medical device makers, too, will have to comply