India's pharma and meditech exports surge, positioning the country as the 4th largest globally, driving innovation and growth in healthcare solutions worldwide.
Home | Department of Pharmaceuticals | Government of India
Go to source) and medical technology exports are poised for continued growth, even amid global economic challenges, according to Arunish Chawla, Secretary of the Department of Pharmaceuticals. Amid global slowdown concerns, the sector is experiencing double-digit growth, supported by government efforts and the Production Linked Incentive (PLI) scheme, the Secretary told reporters at the CII Pharma and Life Sciences summit.
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3D printing technology of medicines in the pharmaceutical industry is an advanced drug delivery system that uses computer-aided designs to create personalized drugs.
3D printing technology of medicines in the pharmaceutical industry is an advanced drug delivery system that uses computer-aided designs to create personalized drugs.
‘India's #pharma and #meditech sectors are on a roll! With 16 blockbuster #drugs in the pipeline for major diseases, these exports have become the 4th largest in the country. #India #exports’
India's Pharmaceutical Industry: A Global Leader on the Rise
The 16 drugs to be produced in India are part of a larger list of 25 molecules which are going off-patent in the next few years. Chawla said that exports of the Indian pharmaceuticals, biotech, and bulk drug exports have grown by double-digit in 2023.Further, he noted that India became export-oriented in the consumables and surgical industry, last year. This year the country is becoming a "rising power" in imaging devices, body implants, and in-vitro diagnostics.
Chawla said the government has conducted "studies and applied research to identify blockbuster molecules and blockbuster drugs in the traditional pharma space and in the new rising biotech and biosimilar space". He further said that the 16 drugs in the pipeline are in various stages of “approvals and manufacturing licences”.
Drug Toxicity
Drug toxicity is an adverse reaction of the body towards a drug that results as a side effect of a drug, reaction to a drug or drug abuse.
Drug toxicity is an adverse reaction of the body towards a drug that results as a side effect of a drug, reaction to a drug or drug abuse.
Reference:
- Home | Department of Pharmaceuticals | Government of India - (https://www.pharmaceuticals.gov.in/)
Source-IANS
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