Health & Pharmaceutical Landscape of New Zealand | March 2022

Page 5

Foreword H.E. Mr. Muktesh Pardeshi High Commissioner of India to New Zealand

I am pleased to present a business manual Health & Pharmaceutical Landscape of New Zealand: A Roadmap for Indian Pharma Companies which has been jointly put together by the High Commission of India to New Zealand with the valuable collaboration of India-New Zealand Business Council as a research partner. In the year 2021, New Zealand imported NZ$ 91.03 million of pharmaceutical products from India, representing 2.3% of total imports of pharmaceutical products. There is a huge potential for growth in bilateral trade in the pharmaceutical sector considering the fact that India enjoys an important position in the global supply. India is the largest provider of generic drugs globally. Indian pharmaceutical sector supplies over 50% of the global demand for various vaccines. Globally, India ranks 3rd in terms of pharmaceutical production by volume and 14th by value. The New Zealand pharma landscape is regulated under the regime of Pharmac. Not much is known about it in India. This manual is a sincere effort to put together relevant details relating to steps to be taken for exporting medicines to New Zealand and listing of relevant organizations. The report also gives important contact details of key stakeholders in New Zealand. This publication is an all-in-one guide for all stakeholders in the Pharma sector in India who desire to trade with New Zealand. I would like to thank our knowledge partner- India-New Zealand Business Council for their outstanding work. My special thanks to Mr. Gaurav Gupta for his painstaking research and compilation. Thanks are also due to the officials in the Commercial Section of the High Commission, especially to Mr. Manoj Sahu, Commercial Representative, Mr. Anubhav Varshney, Commercial Assistant and Ms. Kiren Rawat, Marketing Assistant for their support in bringing out this timely report. ***

Healthcare & Pharmaceutical Landscape of NZ

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Support provided by Make in India / Invest India team

1min
page 91

Are there any incentives?

1min
page 90

What is the policy framework for foreign pharma companies to manufacture / collaborate with Indian companies?

0
page 89

List of important companies in New Zealand’s pharma sector

2min
pages 83-86

Media Extract: BURDEN OF PROOF IS ON MEDSAFE TO JUSTIFY ITS EXISTENCE

2min
pages 64-65

A Decade of Modern Medicines: An International Comparison 2011 – 2020

2min
page 56

Understanding the Supplemented Food Standards

0
page 60

Industry Perspective

2min
page 61

Other sources of information

0
page 62

Vaccines: PHARMAC’s role

2min
pages 53-54

Hospital Medical Devices

1min
page 52

Myths & FAQs on tendering process

0
page 51

How does the annual tender work?

3min
pages 48-50

From application to funded medicine: PHARMAC's process

2min
pages 45-46

Procurement & tendering process

1min
page 47

How PHARMAC gets clinical advice into their decision-making

1min
page 44

How new medicines get funded ?

3min
pages 40-41

How the health priorities affect PHARMAC's work

1min
page 42

Medical Devices

2min
pages 37-38

What do I need to do to sell my medicine in New Zealand?

2min
pages 35-36

How new medicines get funded by PHARMAC

0
page 24

Main agencies involved in managing the sector

4min
pages 9-11

Introductory Regulatory Guidance

3min
pages 33-34

Who is a Sponsor?

4min
pages 19-21

Putting the Factors to work

2min
pages 25-26

Foreword

1min
page 5

Medsafe's Evaluation and Approval Process

5min
pages 29-32

Foreword

2min
pages 6-7
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