CII PHARMA

The Indian pharmaceutical industry is driving product development and breaking new grounds in medicine research worldwide. India's generic drugs account for 20% of global exports in terms of volume, making India the largest provider of generic medicines globally. India is likely be the third largest pharmaceuticals market by 2020 in terms of incremental growth... The global pharmaceutical industry is facing moderate growth over the next five years, marked by a rebound in US pharmaceutical growth and strong, but slower growth from emerging markets. At the same time, specialty products have and are expected to assume a greater role in new product growth, a trend that is shifting the balance of market share among the large pharmaceutical companies and mid-sized pharmaceutical companies... Biotechnology has vast potential to grow in India. Indian biotech sector stands 3rd in the Asia pacific region in terms of number of companies, about 40% of these are in Biopharma segment and the rest..

Primary location: New Delhi United States