“Over the last two years, we have seen a 10 times growth and we are confident that we will deliver savings of $1 billion by 2025. The majority of people having chronic illnesses such as diabetes, hypertension and heart diseases switch to branded generic medicines for greater savings. So far, we have catered to 3.5 million Indians, nationally and enabled savings worth Rs. 250 million for them,” said Choudhary.

Tata Steel share price

Investing in pharma sector stocks might present stable returns and growth prospects, provided that thorough due diligence has been conducted before investment. If you find conducting independent research challenging, seeking guidance and advice tailored to your investment objectives from a financial expert is in your best interest. In addition, as per a recent report by EY FICCI, the Indian pharmaceutical market is expected to reach a value of around US$ 130 billion by the end of 2030. India hosts some of the world’s largest pharmaceutical companies known for their robust reputation in mass-producing generic medications. The biggest setback for India’s $14 billion a year generic drug industry came in January, when the FDA banned imports from all the Indian plants of Ranbaxy Laboratories Ltd, India’s No. 1 drugmaker by sales, over repeated production quality lapses. Generic drugs are mainly copies of brand-name drugs that have the same dosage, intended use, side effects, route of administration, safety, and strength as the original drug.

Why Akums ?

• The conditions under which medications are produced differ between brand-name and generic drugs.
• Because producing them is either too difficult or too expensive for their original creators.
• The Act aims to reduce US biopharmaceutical companies’ reliance on Chinese manufacturing by January 1, 2032, providing a seven-year timeline for implementation.
• Indian pharmaceutical industry is known for its generic medicines and low-cost vaccines globally.
• Over the span of a decade, his extensive travels across India enabled him to establish multiple Business Networks in every state, covering major cities and beyond.
• “ The penalty would clearly be a multiple of the profits that these companies pocketed from the extraordinary price hikes,” said Vishal Manchanda, an analyst at Nirmal Bang Securities Ltd.
• Zota Healthcare Limited has evolved from a humble beginning in 2000 to a well-established and acclaimed NSE listed pharmaceutical company in India.
• Zeelab Pharmacy specializes in providing you with affordable medicines online at the comfort of your home.
• We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.
• The tariff hike presents an opportunity for Indian pharmaceutical companies to expand their presence in the US, provided they meet the stringent demands for quality, efficiency, and agility.

Though other markets may face a more moderate tariff increase of 10% to 20%, the focus on Chinese goods aims to strengthen US manufacturers. The pharmaceutical generics sector, heavily reliant on Chinese supply chains, is expected to be most affected. The PLI scheme for bulk drugs will lead to reduced import dependence and better supply chain resilience.

What is Generic Medicines?

Also, enhancing accessibility to healthcare services and growing healthcare awareness among the public propel the pharma industry growth. Indian drugs are exported to more than 200 countries in the world, with US being the key market. Generic drugs account for 20% of the global export in terms of volume, making the country the largest provider of generic medicines globally. Indian drug & pharmaceutical exports stood at US$ 25.36 billion in FY23, US$ 24.60 billion in FY22 and US$ 24.44 billion in FY21. Market size of India pharmaceuticals industry is expected to reach US$ 65 billion by 2024, ~US$ 130 billion by 2030 and US$ 450 billion market by 2047.

Dheer Healthcare Private Limited

He pointed out that digital tools can automate routine decisions, freeing resources to focus on high-priority exceptions, improving turnaround times, and enhancing decision-making. «Adopting these technologies will improve operational efficiency and responsiveness to market demands,» he said. Shri R K Singh stated that the PLI scheme was also envisaged through the same vision to bring in localisation and value addition to India’s pharma and MedTech industry and simultaneously also reduce over-dependence on critical resources from certain geographies.

Join the community of 2M+ industry professionals

The term applies to the pharmaceutically equivalent medicines within which the bioavailability rate of active pharmaceutical ingredients is same under several tests conditions to achieve peak blood concentrations. “As we know branded generics are off-patent drugs and are much more affordable than branded medicines as pharma companies don’t have to spend on R&D and can pass on this saving to the end customer. However, the non-transparent supply chain does not pass on the benefit to the consumer, and the consumer has to pay exorbitant prices for generic medicine,” Amit Choudhary, Co-founder and CEO, Dawaa Dost, said. Davaindia Generic Pharmacy is an abiding initiative by Zota Healthcare which revolutionized the Indian Healthcare scenario by providing high quality generic medicines at a very low cost.

Compare Prices

PLI scheme for Bulk Drugs has laid the foundation for revitalizing of India’s bulk drug industry, aiming to achieve self-reliance and regain global competitiveness. Zydus Cadila is headquartered in Ahmedabad, India, and ranks 4th in the Indian pharmaceutical industry. The company was able to break the $1 billion mark for generics sales last year, jumping to $1.2 billion in sales in 2014 from $900 million in 2013. In India, Zydus launched more than 55 products, 19 of which were first-time launches, including adalimumab, the world’s first biosimilar of the $11 billion arthritis treatment Humira. The company was established in the year 1901 and is the leading Generic Pharma Companies in India. According to the recent report, revenues were $9.8 billion, and more than $9 billion in sales and purchased the rights to Allergan’s generics division in 2018.

How to Identify Generic Medicine?

• The branded drug must therefore have the same impact on the body as the generic.
• For one, multinationals and/or their generic divisions occupy almost all the top slots in the ranking of global generic producers, upturning the popular David versus Goliath notion of generic firms battling the big bad innovator companies.
• India is the world’s largest supplier of generic medications, accounting for 20% of the worldwide supply by volume and supplying about 60% of the global vaccination demand.
• It has a robust pipeline comprising of next-generation biosimilars and novel biologicals.
• The business began in 1986 with the establishment of a Semi-Synthetic Penicillin Unit at Pondicherry.
• Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

These medicines have the same potency, quality, and implications and work in an identical manner as the branded drug. The conditions under which medications are produced differ between brand-name and generic drugs. While a generic drug is made using the same active ingredient as a brand name drug, a brand name drug refers to the name provided by the producing business. Although they are sold with numerous names, generic drugs will share the same active ingredients as their branded counterparts. Except for composition patents for foods and medicines, the Patents Act covered the process patent, which was shortened to five to seven years. The Medical Council of India’s 2002 code of ethics advises doctors only to prescribe drugs by their generic names.

Our product categories

• Get live Share Market updates, Stock Market Quotes, and the latest India News … Read More and business news on Financial Express.
• It accounts for about 3.3% of total Foreign Direct Investment (FDI) inflows in the country across various sectors.
• The large number of suits filed by Genentech is an indication of how determined the company was to block low-cost versions of Esbriet from coming into the market and eroding its profits.
• Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is a campaign launched by the Department of Pharmaceuticals to provide quality medicines at affordable prices to the masses.
• Sandoz International Company develops, manufactures, and distributes generic drugs.

However, before buying top pharma shares, it is essential to conduct thorough research and consider your investment goals and risk tolerance to make informed investment decisions. Regulatory changes, particularly in pricing and exports, have the potential to impact company revolade price in singapore revenues significantly. The US market, pivotal for many pharmaceutical firms, faces regulatory pressures and FDA inspections that could adversely affect stock performance. Additionally, currency fluctuations pose a risk, given the industry’s reliance on exports.

International Generics

Please keep the item in its original condition, original packaging, with user manual, warranty cards, and original accessories in manufacturer packaging for a successful return pick-up. For software-related technical issues or installation issues in items belonging to the Software category, please contact the brand directly. Wind instruments and items marked as non-returnable on detail page are not eligible for return.

To know the generic name of the medicine you are looking for, you can also use a free web service such as This website has a database of over 1 lakh medicines. Before investing, investors must conduct independent research and not solely rely on the information provided here. This will allow investors to make appropriate investment decisions based on their financial goals, investment objectives and risk tolerance.

• These stocks are chosen based on their market capitalization, which represents the total value of a company’s outstanding shares.
• Deshpande said that the only difference in pricing is because of the long supply chain and marketing gimmick used by MNCs which result in high prices of branded medicines.
• As you may be aware, the European Union’s General Data Protection Regulation («GDPR») goes into effect on May 25, 2018.
• Knowing how to identify generic medicines is important to ensure the most effective treatment at the lowest cost.
• In certain cases, if you report an issue with your Air Conditioner, Refrigerator, Washing Machine or Microwave, we may schedule a technician visit to your location.
• But, this again deviated from prescribing generic names with an intent to exclude branded names from prescriptions.
• All our medicines and healthcare products are manufactured at WHO-GMP certified plants.

Leapfrogging as Pharma Leader of the World

These variations are frequently caused by non-active components like dyes, fillers, and preservatives that influence size, shape, and color. It is intended to be this way since manufacturers under generic medicine names do not incur the same capital expenses as brand-name manufacturers. “Higher costs could exacerbate inflation, especially in vital sectors like pharmaceuticals, where affordability is critical,” Datta said.

Generic drugs price cut: Paswan sets Nov 15 deadline

There are plenty of generic medical stores online where you can get popular generic drugs. Dr. Arunish Chawla, Secretary; Dept. of Pharmaceuticals gave a detailed presentation on the PLI scheme of the Union Government. He said that the drug and pharmaceutical industry in India witnessed a 12% compound annual growth rate (CAGR) in the last 10 years.

India’s largest private

Among nations that produce pharmaceuticals, India has long held the top spot. Medicine spending in India is projected to grow 912% over the next five years, leading India to become one of the top 10 countries in terms of medicine spending. The Indian Government has taken many steps to reduce costs and bring down healthcare expenses. Antila Generic Medicine Private Limited is a pharmaceutical company established on 23rd February 2021. Our company is dealing in wholesale generic medicines distribution as well as branded medicines which are still under the patent act and are not available in generic medicines. We provide high-quality generic medicines at affordable prices to millions of customers across India, through our chain of pharmacy stores.

Tradeindia helps us to make our presence on top search engines and also provides us good numbers of business leads and inquiries, which helps us to grow our sales. Alembic is a multi-product, multi-location enterprise working with some of the biggest pharmaceutical companies in the world to deliver a variety of complex chemistries. In the short term, that is expected to benefit larger global competitors, such as Teva Pharmaceutical Industries Ltd , Actavis Plc and Mylan Inc., which will be called upon to supply drugs no longer available from some of their rivals in India, they said.

Different manufacturer

For a generic manufacturer, no such investment is required — not in development and not in marketing. The medicine’s formula is known, the clinical trials are complete; the generic maker’s only requirement is to demonstrate to regulators that its version is as good and effective in humans as the original. According to a recent EY FICCI report, there has been a growing consensus over providing new innovative therapies to patients. Indian pharmaceutical market is estimated to touch US$ 130 billion in value by the end of 2030.

The global generic pharma companies continue to grow and maintain their growth in the present time. With the increase in demand for more accessible medication, pharmaceutical companies are harnessing the benefits offered by generic drugs. Efficient and inexpensive drugs are always needed, making this a growing market for drug makers Here are the top five generic drug makers by revenue. Krka Pharmaceutical comes in the list of top generic pharma companies in India. The company’s focus is on the development of high-quality own-brand generic pharmaceuticals, which offer added value and are marketed under Krka’s own brands.

For seller-fulfilled items from Fine Art category, the sellers need to be informed of the damage / defect within 10 days of delivery. This item is eligible for free replacement, within 10 days of delivery, in an unlikely event of damaged, defective or different/wrong item delivered to you. ZOTA will store the information provided by the visitors to meet the legal requirement or for the business/ market study purpose only and shall store the information until to mitigate the purpose aforementioned.

On the basis of the technician’s evaluation report, we will provide resolution. We have total 2000+ products available, which includes “Generic medicine, Health & Wellness, OTC, Cosmetics, Protein Supplements, Gym Supplements, Nutracutical, Ayurvedic & Surgical prodcuts”. For one, multinationals and/or their generic divisions occupy almost all the top slots in the ranking of global generic producers, upturning the popular David versus Goliath notion of generic firms battling the big bad innovator companies. To bring down the healthcare budget of every citizen of India through providing Quality generic Medicines at Affordable Prices. Analyst determines what the stock’s price could be in 12 months which depends on the valuation of the company. These are not our estimates but the maximum, minimum and average derived from Street’s estimates based on research coverage on the company.

In conclusion, identifying generic medicines is important to ensure patients receive the appropriate medication and save money. With the right information and resources, it is possible to find reliable and effective generic medicines that are safe for use. The drug information leaflets provided by pharmacies or manufacturers typically include information about whether a medicine is a generic or brand-name drug. This helps determine which type of drug you are buying before making your purchase decision.

About 500+ different APIs are manufactured in India, and it contributes 57% of APIs to prequalified list of the WHO. On the orange earnings per share line, the circles plot the sum of the trailing 4-quarters earnings. The Evaluation view is composed of a stock chart and the stock-specific data in the Details Tab. This view efficiently combines the key stock information you need to validate your decision to buy or sell or to commit to further research. We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.

According to the government data, the Indian pharmaceutical industry is worth approximately US$ 50 billion with over US$ 25 billion of the value coming from exports. Indian pharmaceutical industry is known for its generic medicines and low-cost vaccines globally. Transformed over the years as a vibrant sector, presently Indian Pharma ranks third in pharmaceutical production by volume. The Pharmaceutical industry in India is the third largest in the world in terms of volume and 14th largest in terms of value.

With 14 manufacturing facilities in four countries and 4 R&D centres spanning across GPL and GLS, we work relentlessly towards improving the quality of life of patients across the globe. Protech Telelinks of Companies has been involved in developing a growing portfolio of best-in-class pharmaceutical formulations in the health care.. We have discussed the Top 10 Generic Medicine Manufacturers in India in this blog.

The distinction between brand-name and generic medications is the inactive ingredient that each drug contains. Since the FDA only pays attention to the active ingredients, there are differences between the inactive ingredients of generic and brand-name medications. It is crucial to check the drug’s component list to discover whether any ingredients are bad for you. However, generic medications in India and elsewhere in the world have the same high-quality active component as brand-name medications in terms of efficacy. All medications must adhere to the tight regulations and oversight of the Food and Drug Administration (FDA) in the US and comparable organizations in other nations. The branded drug must therefore have the same impact on the body as the generic.

Through its subsidiaries, Baxter International Inc. manufactures and distributes a wide variety of medical products around the world. The business provides equipment for hemodialysis, intravenous treatments, infusion pumps, administration sets, and drug reconstitution, in addition to peritoneal and hemodialysis. It operates a comprehensive range of healthcare services, including diagnostics, primary care, daycare and speciality hospitals. Pfizer also offers advanced therapies in inflammation and immunology, catering to patients with chronic immune system diseases such as juvenile idiopathic arthritis, ankylosing spondylitis, rheumatoid arthritis, ulcerative colitis and psoriasis. It exports its products to more than 50 countries and conducts research in crucial areas like immunology, oncology and anti-infectives. GenericPharmaceuticals are essential products that are needed for treating differenttypes of symptoms and diseases.

• The Indian Pharmaceuticals industry plays a prominent role in the global pharmaceuticals industry.
• For a generic manufacturer, no such investment is required — not in development and not in marketing.
• The Medical Council of India’s 2002 code of ethics advises doctors only to prescribe drugs by their generic names.
• This means max gains for the customer and retailer, availability of all items and prompt response and above all transparency as you are connect with the company directly without any intermediate.
• The company is also involved in the developmental capabilities covering fusion proteins, monoclonal antibodies, antibody-drug conjugates, and vaccines.

For Indian Contract Development and Manufacturing Organisations (CDMOs), the Biosecure Act offers an opportunity to strengthen their role as alternative suppliers in the global pharmaceutical market. While Indian CDMOs already play a significant role in generic drug production, the Act could allow them to expand into biologics and other advanced formulations required by the US market. However, the seven-year period also poses challenges, demanding proactive investment in capacity building, compliance with US regulatory standards, and strengthening supply chains. The proposed tariff hike by the US on Chinese goods, potentially rising to 60%, could alter global trade dynamics, particularly in the pharmaceutical sector, experts have said. While Indian pharmaceutical companies could gain a competitive edge in the US market, the move may disrupt the medical device supply chain and drive-up costs for Indian firms exporting such products.

The popularity of generic drugs among patients has increased tremendously as a result of their affordability and therapeutic benefits. Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) is a campaign launched by the Department of Pharmaceuticals to provide quality medicines at affordable prices to the masses. PMBJP stores have been set up to provide generic drugs, which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs. The Indian pharmaceutical industry ranks third globally in terms of production volume and has seen remarkable growth with a CAGR of 9.43% over the past nine years. India also stands as the largest provider of generic drugs worldwide, with pharmaceutical exports surpassing $25 billion in the fiscal year 2023.

Hospira is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness™ by developing, manufacturing, and marketing products that improve the productivity, safety, and efficacy of patient care. In February 2007, Hospira acquired MaynePharma Limited to become the world leader in specialty generic injectable pharmaceuticals. Dawaa Dost tied up with noted pharma companies to ensure that the best quality medicines are provided at the right price. In addition to its online presence spanning 19,000 pin codes across India, Dawaa Dost has 69 retail stores in 10 cities. Davaindia Generic Pharmacy a chain for generic pharmacy retail outlets across India established in 2017 with the aim to provide affordable and quality medicine to all and doing that have provided Happiness of Good Health for all.

Additionally, the company provides multivitamins, antibiotics, eye drops and cough syrups to government bodies in India. Moreover, the company aims to source approximately 50% of its energy requirement through renewable sources like solar by the fiscal year 2025. We have been able to mark a foothold in this domain, just because of GetDistributors. Ever since we have registered with them, we have received a large number of inquiries, in fact, the phone has never stopped ringing. Every business organization looking for steady growth should register themselves with GetDistributors.