active pharmaceuticals
Indian Pharmaceutical Industries and its growth The Indian pharmaceutical industry is the fourth largest industry in the world. It consists of about 20,000 companies. Pharmaceutical companies in India are on a roll in both domestic and international reasons. Pharmaceutical companies boast of skilled workforce along with the latest technology in use. These features help to expand their market and business abroad. The latest trend in the pharmaceutical business is the tie-ups between Indian companies and multinational pharmaceutical companies. These multinational companies to turn their Indian colleagues to achieve cost-efficiency in terms of R & D. In addition to offering skill and technology to provide affordable research and development facilities. For example, mergers and acquisitions between multinational and Indian pharmaceutical companies for research into third-world diseases such as cancer, AIDS, etc. common Moreover, India is gradual, only a provider of value-added benefits. Here multinationals purchase / licensing of new products or intellectual property. The Indian pharmaceutical companies are slowly becoming a popular destination for research and joint development. Also contributes to the success of the Indian pharmaceutical industry as an exporter of high quality generic. The companies have this success to the system of product patents, which were introduced on 1stJanuary, 2005. Now the Indian pharmaceutical industry exports drugs to around 65 countries around the world with the United States as the largest market. The industry exports were $ 3.75 billion worth of U.S. and growing at an annual rate of 22.7% according to the National Pharmaceuticals Policy for the year 2006. However, these companies can hope to achieve more by discovering untapped markets both in India and abroad. Another area that calls for attention is the Research & Development Department. The government needs to be more research and development to invest as innovative medicines in high demand. The relationship between pharmaceutical and biotechnology in India needs to be cemented. This is because biotechnology has a lot of room for growth with the increase in vaccines and bio - services. Lack of funding and qualified staff is the obstacles to the development of biotechnology in the Indian pharmaceutical companies. However, a wind of change is to be expected since the drugs go patent that the Indian pharmaceutical companies the opportunity to expand their production capacity.
Finally, the companies have a lot of potential in store. It is estimated that the Indian pharmaceutical industry will soon. Entered the top 10 list of the pharmaceutical industry in the world. pharmaceutical chemical company in India to grow its pharmaceutical companies to get stuck in the world pharmaceutical industry's feet.
Mahendra Chemicals is an US FDA approved ISO 9001:2008 certified pharmaceutical manufacturer and lidocaine hydrochloride and ability to synthesize new API, active pharmaceutical ingredients.