What is beneficial Pharma Franchise Associate or Company

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If you are looking any query or information related to pharma franchise then you are at a correct place. We are try to solve all of your queries related to pharma franchise. First of all We tell you what is pharma franchise. So Lets start to find out what is pharma franchise.

Pharma Franchise : I hope all of you all already have been knowledge about franchise. franchise is a authority based excessive amount of product which is serve by a company to the business purpose. In any trading business we can do business with two types. We are a company and have our own products with our brand names or we work with franchise which is gets from a company. Same procedure is apply in pharma industry. If we have a pharma company then we can start our own business with our brand or if not then we can do the business as an associate of a company. But what is the beneficial we are a company or associate of a company. Lets find out

Start business as an Associate of a Pharma Franchise company

To start as an associate with a company is very simple and easy. You have only required the Drug Liceanse on thats based you can get franchise of a company for distribution. As an associate you can start your business at minimum investment. In this business type you are the your own boss. You can get products by the company and also marketing material to good trade. How much you are earn its depend on your capability as an associate you can get maximum profit in minimum investment.

Start pharma franchise company

To start a company to any type of business this is mandatory we are able to fullfill some requirement. If we want to start a pharma company then same thing are apply here. Here is list of most important thing to start a pharma company.

  • Ability
  • Investment
  • Capacity to face challanges

Ability : First step to start a company is that you are able or not to start a business. What is requirement to check ability to start a business its depend on business. If you want to start pharma franchise business then you have need a drug liceance. If you have a drug Liceance then you can apply to a GSTIN which is most important thing to trade GSTIN provides authority to your business local and interstate marketting or trade. After this you are able follow next step to start a pharma franchise Company.

Investment : Second step is investment to start a company. Investment is most important thing. To established a company you should have need some more important thing in which good investment required. First of all you should have to need all the required certification in which some investment is required. Next you have need a location to your business and also need a staff that you have to payout the salary after that you have to prepare your brand name products in which you will need good investment and also need to prepare promotionnal tools to marketing. if you have complete these steps then you can start your pharma franchise company.

Capicity to face challenges : If you have started your company Even then you will have to face many difficulties. Now a days in large quantities pharma franchise companies are running. It is a very big challenge among you to make the position of your company. You have to be ready to face them and How much you go forward depends on your ability. but the required thing to face challenges are the you have to keep your stock ment and you must always give importance to new molecules whose customers are highly selective. In addition, your product range should be good enough to determine the standard of your company.

Looking for pcd pharma franchise opportunities please fill the query form by clicking Query button.

Get success in the concept of Pharma Franchise

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Get success in pharma franchise : Pharmaceutical franchise s create many opportunities for those who do not have any information related to the Pharma sector. Pharma franchise has been developed with the modern concept of running a business, while additional and additional opportunities are being created for individuals with completely different backgrounds, even after getting into the pharma franchise sector.

How to achieve success within the pharma franchise industry?

Franchise can be a part of the pharmaceutical business for a very long time. But with innovative ideas involving distribution mechanism, a lot of people also work with business owners as well as pharmaceutical companies.

Becoming a self-made franchise of Pharma

There are completely different advantages of putting in a pharma franchise company. It is a profitable business beyond the question, however, those who get smart expertise during this field will be more profitable.

In addition to knowing the benefits of putting in franchise, it is also important for initially whether it helps in making them self-produced properly. To get started with this business you will need to understand many things

It is important for you to understand the benefits as a loss to this section

You must also have specific skills to manage the business

You should come back with a lot of concepts to raise resources to earn profits.

You should be smart enough to choose the plans

Below are some valuable points that can facilitate your success in Pharma Franchise:

Important points to consider

Develop a good catalog – only if there is a large selection of goods in the corporate, when you have a franchise, you have an option to increase the market and reach good audiences.

Get help from pharmaceutical corporations – Most Pharma Franchise companies supply to promote solutions, while promoting advertising solutions, alternate promotional aids to increase sales and as a stigma From the medico samples to the shorts, the business supplies all the important things to promote business.

Adopt a cooperative policy – Virtually every honorable whole monopoly rights follow. Pharmaceutical companies have followed the contract with extra carefulness and clearly explain the scope of the companies.

Target market as a forward field – You should consider your target location as further medicines that you will make for sale.

Quality Assurance – Quality Assurance Apart from this, there is a very important criterion that should be targeted. You want to make sure that all the goods should match the most recent standards of QC, by the method of production of packaging method.

Delivery on time of goods – this may be another important criterion to follow. You should try to make the proper arrangement of provision;

Try starting your own franchise with less investment as a start-up

You need to target your ROI which should be your primary focus.

You should also be prepared with your legal documents.

You need to make sure that each person will get more points than your ideas, while designing for their own franchise.

Apart from this, please contact us to start Pharma Franchise in the Republic of India. We are always present to assist you.

PCD PHARMA FRANCHISE BUSINESS IN INDIA NOWADAYS

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PCD Pharmaceutical Business in Asian country is third in terms of quantity within the world and is valuable in the world as a powerful fourteenth. This creates an important milestone within the pcd pharma franchise business of the world. The information below has highlighted the essential aspects of India’s pcd pharma business.

PCD Pharma Franchise Business In Asian Country Nowadays

In the 2015-2016 market, there was a turnover of $ 50 billion, in which 40-50 of the money returned from the retail sector. The market is disintegrated with a lot more than 550000, provides retail chain. During the last 3 decades in the amount of retail suppliers, there is a considerable amount of increase in the number of four times the number of growers. Their but does not apply to prescriptions administered to the customers. In the context of the world market, the Asian nation has a 1-2% stake in the pharma franchise business, but it is growing at an accelerated rate of 100% each year.

Delivery

The business has become completely the cause of a serious paradigm shift within the last few years, which was used to store its business in the warehouses before distributing the pharma franchise within the past, but it has been seen in recent changes. That the Clearing and Forwarding Agent (CFA), the charge of distribution, CFAS area unit, one of the fixed turnover in the policy linking CFA In the context of the chunks part each year or twice in the context of payment and therefore pcd pharma companies. When CFA passes through a series of pharma franchise distribution on Stockholm, then who has taken advantage of the goods to retail pharmacies respectively. Retail pharmacy ultimately removes the goods (patients) to the customers.

Policy

In the Asian nation, the areas of policies of pharma franchise companies policies are issued by the government to a large extent and that they apply in the whole country. Many of these policies are:

Price Management

In order to determine the cost-controlled drug list, the cost of the drug for the preservation of fixed costs and the determination of the fines involved. Price management order is believed to ensure that adequate medicines are provided, drug area unit is provided at a lowest price, and the quality of the medicine meets the desired specifications, encouraging the rational use of the drug. And strengthens the spatial capacity of the drug production.

Intellectual Property Rights

This policy points to the ideal in terms of later physical rights; Security of secret data related to copyright, trademarks, geographic signs, and goods

Product Development

Indian pharmaceutical companies has started to adapt to development processes in recent days. In order to be selected for a few years these firms have made their way into the international market with specific legal proceedings specific to generic rivals for patent drugs and to support the patent. Those who will bear the expenses have set high goals by progressing to enterprises in molecular discoveries. The initial investment is high, however, on the top of it, huge profit margins have trapped many firms within the pcd pharmaceutical franchise company in all Asian nations.

The Asian nation’s pcd pharmaceutical sector has been afoot to be uncertain and volatile, in some cases it will be true that it will be a major part of the garbage by international competitors. Challenges and inadequate controls such as price control, compulsory licensing and FDI policy are changed in this area.

Looking for pharmaceutical pcd franchise company or third party pharma manufactuing in India feel free to contact us at : www.biopharlifesciences.co.in

4 Simple Things That Should Think Before Choosing Any PCD Pharma Franchise Company

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When you search for a great PCD Pharma Franchise company, you face many Pharmaceutical franchise companies in India. However, not all of them offer you the best service, so you have to use enough caution to make your choice. By making the right choice, you will get high quality products, and also have an excellent expertise with them.

The more you learn the more given below, the more help you make, the better  pcd franchise company you choose.

Legal identity

All pharma franchise Company should be registered with all concerned officers in India. By checking that they are legally registered, you will be assured that you are managing a real pcd pharma company and avoid being victim of fraud in the market. Therefore, before you can enter into any kind of agreement with the PCD  franchise company, you will have to take up all legal documents to prove that they are genuine and reputable. It should be ensured through legal conditions, Everyone told their actions. Once you work with a legally authorized and licensed pcd company, you will be able to be assured within the right place.

View reviews

There are thousands of PCD pharmaceutical companies in India. All of them do not provide proper satisfaction to their buyers with their product or customer service. This may be because it is very important for you to travel through web reviews given by those people who have worked with them before. Looking at these reviews, you are ready to confirm the names of various corporations. You want to assume with the best rating among the past buyers with an organization. High ratings indicate that you can depend on the corporate so that you can get the simplest supply.

Check the offer and rebate provided

Different PCD pharmaceutical franchise companies offer the differents type of proposal in India, however the offer does not appear continuously. As you are searching for, it is very important that you are investigating the company, with the simplest deal in terms of what they are offering. Many offers wish to embrace promotional inputs like gifts, bonuses, directories, accessories et al. Also, for those proposals, find the organization that gives the most favorable discount discount organization, it can be important so that you can save cash after getting it from them.

Corporate history

It is very important that you work with a PCD pharma franchise company with the operation of long history in India. It can not be said that new companies do not offer good service, although it is a figure with an organization that has been operating for many years. So far an organization has been in business, you are just happy with the upper possibilities that they provide. For the extra present, this extra shows that people have confidence and trust in them, so they are allowed to stay long during this highly competitive business.

Conclusion

You need to imagine these factors to ensure that you work with a simple PCD pharmaceutical company. Take some time because you are doing your own analysis to avoid making mistakes, which can be valuable to you in the future. The most important factor seems to be for referrals or reviews so that the simplest person can be motivated.

Looking for pharma franchise company in India or third party manufactuing pharma company feel free to contact us at : www.biopharlifesciences.co.in

PHARMA FRANCHISE COMPANIES

pharma franchise in andhra pradesh,pharma franchise in ambala,pharma franchise in allahabad,pharma franchise business,pharma franchise baddi,pharma franchise bangaloreWhen an organization allows private or entity to conduct industrial activities on its behalf, it is referred to as franchising. As a result, the firm sector unit prepared for giving this authority provides a convenient, inexpensive and cost-effective means of promoting, promoting and distributing their products. PCD companies do not seem to be exceptions.

Pharmaceutical companies generally provide authorization to people, professionals, distributors or teams, which enable them to regulate their symbols and merchants. The unit which is given this authority is usually called a pharmaceutical company’s franchise or a Propaganda cum Distribution Franchise.

There area unit medicines franchise has created some edges of business, business owner and pharmaceutical companies for each business that it has achieved quality over the years:

Less administrative costs: For a pharmaceutical company’s franchise, limited staff needs. All promoting and distributing is managed by 2 or 3 people and can be done from one place, although the goal is that the market of the whole country is targeted.

Low Investment Capital: To start a pharmaceutical company franchise firm, you will calculate your business, relationships with your own work, your connections and relationships with therapeutic and professionals. This shows that you are going to save a substantial amount of money for initial startup.

Big Profits: Pharma Franchises ends in huge profits for each pharmaceutical company franchise and hence the company itself is. Thanks to the scale of sales and distribution multiplied, not only the pharmaceutical company‘s franchise business will enjoy a handsome commission or financial profit, it enjoys the increase in corporate revenue.

Low risk factor: Franchise companies are not capital as a result of the establishment of pcd pharmaceutical companies; Issue of franchisee in low investment in pharmaceutical drugs and low risk franchisee can be a good opportunity for the Associate

Who wish to start their own company, though they have very little investment capital

Monoply Rights: Being an approved agent of the company, within the place you are targeting, you will estimate full monopoly on the entire and merchandise. You can take a method to market and distribute medicines and pharmaceutical merchandise markets at your discretion to decide.

Like every business, here are the advantages and drawbacks:

Supplier restriction: Although you are the connections of smart and reliable suppliers to the pharmaceutical company franchisees, then you are not free to provide them and you are sure about the agreement between the company and its suppliers and vendors. It limits your flexibility to a small degree

External risks from alternative franchisees: Keep in mind that you are not looking for a single drug company franchise within that place, where there is a whole network of franchises.

Your name is certain for this network that if a franchisee manages to disturb your name, not only can your name be affected within the business, but will affect the entire company which you will only represent the field unit.

If you are thinking about the start of your own pharmaceutical company franchise, keep in mind that all the needs are met and note that you are not entirely here to make cash, but you are the full ambassador of the additional company . If you are trying to price a company, then free and profitable thanks to the market, distribute and distribute your business, then a decent Pharma franchisee can be the answer only for you.

If you are looking pharma franchise companies in india or pharma third party manufacturing feel free to contact us : www.biopharlifesciences.co.in

Pharma Franchise in India

We are one of the ISO 9001: 2008 Certified Suppliers of a wide range of Pharmaceutical Drugs. We are a company providing pharmaceutical franchise of major suppliers in this industry, we are widely appreciated for the precise structure, effectiveness and purity of medicines. Apart from this, we have earned customer satisfaction due to valuable brand optimization of experienced and hardworking professionals. Industries deliver timely delivery of bulk products with competitive experience in more than three decades.

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Pharma Franchise In Chattisgarh

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Welcome to Biophar Lifescience Pvt. Ltd. Franchise Division Under our expansion scheme, we are looking for Pharma franchise / business partners / distributors, from the financially inappropriate states / districts of India. We offer franchisees: • Medical representative, regional sales manager and other professionals experienced from the this field • Attractive packing and competitive price • High quality products • Promotions Catch covers, visuals, notepad etc & training if required • On time delivery
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Pharma Franchise In Manipur

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Welcome to Biophar Lifesciences Pvt. Ltd. Under our expansion plan in the franchise division, we are looking for Pharma franchise / business partners / distributors, from India’s financially inappropriate states and their districts.

We provides:

• Provide opportunities for Medical representatives, Area sales managers and others experienced from the same field
• Our products are available at attractive packing and competitive price.
• Provide products with high quality.
• Catch covers visual been included in our promotion and provide training if required
• Delivery on time business opportunities such as PCD on pharma franchise and account offer great business opportunity. :
• There is a wide range of pharma products available at attractive net rates.
• Provides additional offers, schemes.
• Samples, gifts, promotional materials, advertising support and many more!

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Pharma Franchise In Tamil Nadu

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Welcome to Biophar Lifesciences Pvt. Ltd. Under our expansion plan in the franchise division, we are looking for Pharma franchise / business partners / distributors, from India’s financially inappropriate states and their districts.

We provides:

• Provide opportunities for Medical representatives, Area sales managers and others experienced from the same field
• Our products are available at attractive packing and competitive price.
• Provide products with high quality.
• Catch covers visual been included in our promotion and provide training if required
• Delivery on time business opportunities such as PCD on pharma franchise and account offer great business opportunity. :
• There is a wide range of pharma products available at attractive net rates.
• Provides additional offers, schemes.
• Samples, gifts, promotional materials, advertising support and many more!

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Pharma Franchise In Maharashtra

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Welcome to Biophar Lifesciences Pvt. Ltd. Under our expansion scheme in the franchise division, we are looking for Pharma franchise / business partners / distributors, from the financially inappropriate states / and their districts of India.

We provides:

Opportunities for a Medical Representative, Regional Sales Manager and other experienced from the same area
Attractive packing and competitive price
High quality products
Cover catches and training if needed
Timely delivery
Get Great Business Opportunity as a PCD at Pharma Franchise and Account:
The wide range of pharma products at attractive net rate
Additional offers, schemes
Samples, Gifts, Promotional Materials, Advertising Support and More

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Pharma Franchise In Uttar Pradesh

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Welcome to Biophar Lifescience Pvt. Ltd. Franchise Division Under our expansion scheme, we are looking for Pharma franchise / business partners / distributors, from the financially inappropriate states / districts of India. We offer franchisees: • Medical representative, regional sales manager and other professionals experienced from the this field • Attractive packing and competitive price • High quality products • Promotions Catch covers, visuals, notepad etc & training if required • On time delivery

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Pharma Franchise Companies

Welcome to Biophar Lifesciences Pvt. Ltd. Under our expansion scheme in the franchise division, we are looking for Pharma franchise / business partners / distributors, from the financially inappropriate states / and their districts of India.

We provides:

Opportunities for a Medical Representative, Regional Sales Manager and other experienced from the same area
Attractive packing and competitive price
High quality products
Cover catches and training if needed
Timely delivery
Get Great Business Opportunity as a PCD at Pharma Franchise and Account:
The wide range of pharma products at attractive net rate
Additional offers, schemes
Samples, gifts, promotional materials, advertising support and many more!

Click to Read PCD Franchise Company in Punjab

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We are looking for Pharma Franchise & Pharma PCD in following districts:

Andhra Pradesh-Arunachal Pradesh-Assam-Bihar-Chandigarh-Delhi-Goa-Gujarat-Haryana-Himachal Pradesh-Jammu & Kashmir-Jharkhand-Karnataka-Kerala-Madhya Pradesh-Meghalaya-Mizoram-Nagaland–Odisha-Pondicherry-Punjab-Rajasthan-Sikkim-Tripura-Uttarakhand-West Bengal

View Our Pharma Franchise Services in all over India

So, what is the wait for? Simply Click Here or visit www.biopharlifesciences.co.in  and drop an Inquiry, and allow us to serve you, also you will get outstanding marketing support to PCD Pharma Franchise in anywhere in India, please feel free to Email us at biopharls@gmail.com

How To Select The Most Effective PCD Pharma Company For The Franchise

pharma franchise company,pharma franchise chandigarh,pharma franchise opportunity,pharma franchise company in chandigarh,pharma franchise in punjab,pharma franchise companies in indiaChoosing a PCD Pharma Company for the purpose of the franchisee will be a great deal for you. Also to check for smart. An honest A decent} complete identity and good name, there are several alternative factors that help you to find out that you are dealing with a qualified company, that it can be found that the value of a corporation value Whether or not it has been It is important that you think only about mutual development. To help you grow and make good profits, think about working with a corporation with flexibility. It is by considering these parameters that you can study the most effective PCD Pharma company for the franchisee Ready to prepare the selection.

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Here are several criteria for selecting the PCD Pharma Company

Corporate History

Dealing with pcd pharma company can be a fragile issue and many rules and regulations are found in this regard. Why it might be that the franchisee is essential for corporate history. The kind of history that is revealed in each of the most effective ways is that the corporation is examining the reviews given by those customers with whom they are working or who have smart information related to the corporate. It is extra smart that you choose only a corporation that includes a smart name that can be easy to remember to buyers, whether they ever have any ineligible activities or loans. You should work with only one corporation with the best rating and positive name for the most effective result.

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Check approval and authentication

As you are looking for a PCD pharmaceutical company franchisee, it will be smart too that you only check the certifications and approvals. You must confirm that they are certified by the respective organization. There can be a certain thank you to make sure that you are working with a corporation which is accredited by the authorities. Therefore, before you enter into any kind of consent with them, make sure they require all the specified documents.

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How much is the need to invest?

If you want to earn profits, it does not seem that, then this means that this PCD Pharma company is not working with the franchise. You need to make sure that you only make profits from each money that you pay within the law, so make sure you are working with the right company to ensure that you are with the right company If you are working, make sure that you compare the various investment proposals given by the firms so that one can compromise on the most effective agreement.

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Consider the provision and quality of the product

When medicines prescribed in it, it is important that you think about the standing of the product provided by your potential PCD pharma franchise company. An important point to note is that you will compromise with alternative items, although you should compromise with the standard of the product. The most effective thanks to confirming the standard of the product from different firms is that to emerge their samples to see one with the best product.

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View Our Pharma Franchise Services in all over India

 

So, what is the wait for? Simply Click Here or visit www.biopharlifesciences.co.in  and drop an Inquiry, and allow us to serve you, also you will get outstanding marketing support to PCD Pharma Franchise in anywhere in India, please feel free to Email us at biopharls@gmail.com

Pharma Insight India Report 2017

India Market Report 2017

Domestic sales to drive generic industry growth and exports of biosimilars to drive next wave of innovation

The 2016 CPhI Indian Pharma Insight report is designed to evaluate the overall growth prospects of domestic Indian pharma companies and foreign pharmaceutical companies working within the India pharmaceutical market.

CPhI – the world’s leading pharmaceutical networking event, with over 100,000 attendees globally – is using its collective resources to create Pharma Insight reports, analysing individual parts of the pharma industry. The vision is to harness the powerof CPhI’s independent position within the industry so that it can produce unbiased analysis of the global pharmaceutical industry and help to see emerging trends and bring different perspectives together. The Pharma Insights series features perspectives from CPhI exhibitors, attendees and the wider industry.

To get more information about pharma Industry growth and new business opportunities for the pharma community, please visit www.biopharlifesciences.co.in

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India at a Glance: Source CIA World Factbook

  • Population: 1, 266, 883, 598 (July 2016 est.)
  • Capital: New Delhi
  • Chief of State: President Pranab Mukherjee (since 22 July 2012)
  • GDP: $2.073 trillion (2015 est.)
  • GDP growth rate: 7.6% (2015 est.)
  • GDP per capita: $6,200 (2015 est.)
  • Exports: $272.4 billion (2015 est.); petroleum products, precious stones, vehicles, machinery, iron and steel, chemicals, pharmaceutical products, cereals and apparel
  • Imports: $409.2 billion (2015 est.); crude oil, precious stones, machinery, chemicals, fertilizer, plastics, iron and steel

Biophar Lifesciences is one of the Top 10 pcd pharma companies in India. PCD Pharma Company offers franchise in India. For any Information or If you are a pharma professional and looking pcd pharma franchise feel free to visit us at : www.biopharlifesciences.co.in

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Introduction

Renowned as the pharmacy of the world, the Indian pharma economy has been lauded for its rapid growth in recent decades. This has cooled down in recent years, but the industry is again growing strongly. Compounded annual growth is 17.6%; Indian pharma is expected to be worth 55 billion USD by 2020.’ In line with this, the lifescience sector in India is also expected to employ close to 3.5 million people by 2022, a 100% increase in under a decade.” The Indian pharma industry owes its success to its bold, ambitious approach, history of innovative and an ability to constantly adapt to the dynamic global market.

Over the past five years, India has become the leading API and finished dose drug exporter to the Western markets and has rapidly moved up the pharmaceutical value chain. Drug approvals given by the US Food and Drug Administration (USFDA) to Indian companies have nearly doubled from 109 (2014-2015) to 201 (2015-2016), stimulating further growth in exports to the United States and Western economies.

Additionally, the Indian government is now providing more support working hand-in-hand with its businesses to develop incentives to further boost growth. One of these is the recent relaxation of FDI rules, encouraging greater outside investment in the Indian pharma industry. As a result, there has been a renewed interest in acquisitions by overseas pharma companies looking to establish a manufacturing base in India. This trend began when Abbott acquired Piramal for 3.7 billion USD in 2010. Abbott broke the traditional model of market entry buying Piramal’s domestic generic business to sell into the Indian market. This allowed Piramal to reinvest and provide contracting services to Western markets. More recently, the Swedish CDMO, Recipharm, took the opposite approach and acquired Kemwell in order to lower production costs for some of its contract services clients, demonstrating the diversity of targets and opportunities available.

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Conversely, we have also seen the big Indian players expanding overseas with deals such as Cipla’s acquisitions of Invagen Pharmaceuticals and Exelan Pharmaceuticals. However, the motivation for medium- to large-sized Indian pharma companies pursuing international acquisitions is mainly to strengthen market presence in developed and emerging markets. As a result, there is a convergence of business models. High-margin businesses in the West are purchasing Indian companies to lower production costs; big Indian players are looking to develop higher-margin products, while retaining facilities closer to their sales markets.

India is recognised for its affordable, high-quality generics and as a global exporter of APIs. But, increasingly it has become more dependent on China’s cheaper API sources. The generic industry needs to remain competitive in the low-cost, low-margin finished-dose generics market. Recently, the Indian government and pharma industry have expressed concerns over the long-run impact. If China were to cut the supply, the effect on production could be dramatic. 70% of India’s intermediary formulations are imported from China.3 To combat this, the government is promoting resurgence in the Indian API sector to maintain tighter control of the supply chain. The Drugs Technical Advisory Board (DTAB) has even suggested a protectionist strategy proposing a levy on imports. The Indian

government is nevertheless providing domestic producers with incentives by offering more affordable land and facilities to build API parks. They hope that this will reduce manufacturing costs by a third and boost competitiveness.

The Indian pharma market has been unable to allay suspicions from developed markets over the compromise that affordable drugs might have in terms of data integrity. Many professionals, however, argue that India’s pharma sector is maturing, but is close to becoming a robust regulatory environment. Once these issues are overcome, India is certain to further its international attractiveness. In the past couple of years, regulatory warning letters by the FDA have pushed pharma businesses to be more alert and comply in maintaining quality standards. These have also led government and industry to focus on improving quality. A clear example is the partnership between the CDSCO and FDA and Indian businesses, helping make approval processes for drugs and manufacturing facilities faster, more efficient and more robust..

As the established generic sector improved, the industry is expanding into new and emerging sectors. Due to the low margins faced in API manufacturing and the new global interest in biologic therapies, large pharma businesses in India are seeing new opportunities for expansion in the biosimilar and biotechnology sectors. The Indian biosimilar industry has grown by a staggering 30% CAGR since 2008.5 The government is also investing in the biotech industry, providing funding through the Biotechnology Industry Research Assistance Council (BIRAC) and assisting in the biotech start-ups targeting 2,000 new businesses by 2020 near treble the present figure.6 New CDSCO guidelines add to prospects for Indian biosimilars. They provide comparable biosimilar standards to those in Europe and the United States. Significant growth opportunities are a clear possibility.

Biocon is one of the top biotech companies targeting entry into the Western market. It will launch its first biosimilar products in Europe by 2018 and has three other products targeted for launch in the USA and Europe: pegfilgrastim, trastuzumab, insulin glargine and adalimumab. Similarly, Dr Reddy’s has four biosimilar products for both emerging and developed markets; rituximab, filgrastim, pegfilgrastim and darbepoetin. contract services for biologicals are another growth area; Biocon’s subsidiary, Syngene, is making big gains servicing big pharma and biotech companies.

India’s pharma industry can also find great potential in the growing public health sector. The middle classes across the country are expanding, leading to rapid growth in private healthcare. Public medical infrastructures are improving, as a result. National demand for pharmaceuticals is growing as a consequence; the incentives for Indian pharma companies to focus on domestic opportunities are obvious. Recent increase of lifestyle diseases, both in India and across the globe, are a new factor creating a gateway for new drug production prospects and chronic therapies for cardiovascular therapies, anti-diabetes, anti-depressants, and anti-cancers.

Over the next few years, the government’s Pharma Vision 2020 aims to make the nation a global leader in end-to-end drug manufacturing. More generally, the country is now rapidly emerging as a major contributor across the pharma supply chain from R&D through to generics.

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This report

Building upon research collected from domestic and international surveys, we aim to present a holistic picture of recent trends, challenges and, most crucially, future opportunities for the pharmaceutical sector in India.

Methodology

The Pharma Insight Report is a collection of primary data analysis conducted by UBM EMEA and UBM India. It examined 433 domestic and 65 international survey transcripts. Domestic and international perspectives have been sought as the Indian pharma industry is becoming more integrated into the global market. Both the domestic and international respondents work in varying pharmaceutical fields including; ingredients manufacturing, generics, CDMO/CMO, biotech or biosimilars, pharmaceutical machinery and packaging. The range of respondents from different pharmaceutical companies provides an broad-based and all-encompassing analysis of the Indian pharma industry.

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Analysis

Indian Pharma’s resurgence

Indian consumers are spending more on healthcare as urbanisation continues apace. Health insurance coverage continues to grow acting as a key driver for demand. In the past few years, many Indian companies have grown through overseas expansion. They are increasingly focused on meeting international product standards, particularly those of American or European markets. Acceptance in such markets has strengthened brand credibility. However, the recent CDSCO certifications have been key to increasing confidence domestically helping to drive demand among country’s middle classes for Indian-made drugs.

The Indian pharma industry has recorded exponential growth rates in the past decade, but this has slowed lately due to infrastructural constraints and the evident need to boost regulatory standards. However, views of domestic manufacturers and international companies point strongly to renewed industry confidence. A renewed period of exponential growth in both domestic sales and exports is a distinct likelihood. Domestic respondents predict growth averaging 30.5% next year, while international respondents estimate the figure at 24%. Interestingly, 70% of domestic and 51.5% of international respondents see domestic sales

as the main driver over the next three to five years. This contrasts with past, export-led growth.

An analysis by sector (see charts 1 and 2) shows that both domestic and international respondents believe finished dose (58.7% and 55.3%) and APIs (42.6% and 47.7%) will experience the fastest growth in the next few years. This is to be expected as India’s stronghold has traditionally been exports of finished-dose drugs and APIs. Additionally, however, there are now predictions of greater utilisation of domestically sourced APIs for finished drug manufacture. Respondents believed this synergy is contributing to the rapid growth of both sectors. Biosimilars and biologics are also expected to surge in 2017 thanks in large part to several of the larger pharma and generic players pushing forward with new products.

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Chart 1: International response on which segment of the Indian pharma industry will grow fastest

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Two-tier business model in India

India is the leading exporter of finished-dosage forms. There are two business models targeting two different types of foreign market. The first (type 1) is the Western pharma economies, consisting mainly of the United States and Europe. In this market, India is a prime provider of complex generics, branded drugs/OTC, and biosimilars due to its cost-efficient and high quality products. Larger pharma companies are now looking beyond these two

Western markets and expanding into Japan. Japanese generic use is forecast to expand rapidly – after many years of largely on-patent drugs – yielding greater profit opportunities. On the other hand, India’s smaller pharma companies (type 2) have focused on developing countries as their export market; in particular, on high-volume, low-margin generic products. Consolidation amongst these providers is likely as they try and progress up the value chain, and move into formulations with greater profit margins.

Moreover, with the increasing government investments in healthcare and the growing gentrification in India’s middle and lower classes, all companies are looking increasingly the domestic market for further expansion opportunities. Similar to global markets, the Indian pharma market is divided; lower cost and a middle-to-upper cost (branded) companies share the selling spectrum with small manufacturers targeting the lower-end and large companies focusing on the more affluent half.

“with the increasing government investments in healthcare and the growing gentrification in India’s middle and lower classes, all companies are looking increasingly the domestic market for further expansion opportunities.”

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Chart 3: to which markets do you export?

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What technologies are people investing in?

Domestic companies are currently investing in four main areas:

  • around 50% in ‘commercial scale and scale-up facilities;
  • around one third in ‘continuous processing’; and
  • just over 20% each in both ‘biologics’ and ‘aseptic/sterile’.

Over the next three-years, however, the number of companies planning to invest in biomanufacturing facilities rises to one third. It’s most notable that more expensive facilities and capabilities needed for continuous processing and biomanufacturing are being added to India’s traditional base of commercial-scale finished-product facilities. A smaller number of companies (just under 15%) reported they are actively investing in ‘cold chain’ and ‘single use’ facilities.

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APIs and the battle with China

India has traditionally been the leading API exporter for low-cost, high-volume APIs. However, in the last decade, China has emerged as a very strong contender, particularly in developing markets, where cost considerations are the primary driver. Surprisingly, many Indian manufacturers also now rely upon Chinese-made, rather than Indian-made APIs for the production of finished formulations due to China’s extremely low cost in certain generic classes. Indian formulations needed to remain competitive, so switched to cheaper ingredients, which allowed manufacturers to retain better profit opportunities in this low-margin sector

An overwhelming 86% of domestic respondents agree that the Indian generics industry as a whole needs to reduce its reliance on APIs sourced from China. On the international side, there is some ambivalence. 62.3% agree that India needs to ‘reduce its overdependence on Chinese APIs’, but a significant minority, 37.7%, believed that ‘this is how global supply chains works’. This discrepancies is most likely due to Indian pharma companies more direct experience and

awareness of the risks of over-dependence. In general, the key take-out is that most respondents see the threat China poses. One scenario would be if China decided to grow its generic industry. India would potentially lose a majority of certain types of API product supply chains, as well as intermediates. In some cases, China is already expanding its industry and competing with India’s finished dose market. The majority of domestic companies (81%) believe that the

Indian government needs to ‘urgently invest in domestic API facilities and provide tax-breaks and incentives to secure the Indian generics industry’ and prevent losses in market share.

There is also a growing concern over Indian businesses using APIs sourced from China; this is mainly due to their perceived lower quality. The majority of international respondents (73%) believe that APIs produced in India are of higher quality, with 42% of domestic respondents also ‘concerned about the quality of ingredients sourced from China (because of purity and critical quality attributes)’. This indicates that, whilst domestic Indian companies are concerned, international audiences perceive India’s ingredients as of a higher quality. There is clearly a market overseas for Indian API sales, but responses suggests a preference for finished formulations made using Indian ingredients.

Looking ahead to the next few years (see chart 3), 68% of international respondents think that India will remain ahead of China in terms of API exports. However, of this, 44% believe that India will prosper through exports in developed markets whilst China will grow in developing markets. On

the other hand, 32% believe that China is either overtaking India or is already ahead of India in API exports. Chinese ingredients are capturing market share; India needs to take precautionary measures to prevent its eclipse as a leading pharma exporter to both developing and developed countries.

“A strong domestic market does not only give confidence to local and regional manufacturers, but to the whole of the pharma industry. I think that the biggest opportunity for India to grow is to take back control of their API sourcing, instead of importing from China. The Indian industry needs to produce its own ingredients and intermediates, grow its manufacturing quality and exploit its expertise in regulated markets in order to keep growing”, noted one international respondent.”

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Chart 4: International responses on India and China in terms of API exports over next 1-2 years

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Growing across the world – Acquisitions and the global pharma market

In recent years, Indian pharma has further integrated into the global pharma supply chain. According to the UBM survey, almost half (46.6%) of the work done by

Indian pharma companies is for international markets. Of India’s overseas markets, the United States is the largest, and the industry is looking to cement its growth there. In 2015, USFDA approvals doubled from 109 to 201; 82.5% domestic respondents believe that this trend will continue over the coming years. There is still significant confidence in Indian products despite some recent data integrity issues.

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Growth through partnering or acquisitions?

In the next 12 months, 68% of domestic respondents are looking to work with an overseas pharma company. Larger Indian MNCs are seeking to increase penetration in Western markets. Smallerto-medium-sized companies are looking to increase skills and infrastructure through their partnerships with foreign companies.

Over the next one to three years, 36% of Indian pharma companies are planning acquisitions. Interestingly, 20% are looking at facilities in the USA and Europe with a further 7% looking at the rest of the world. Acquisition trends point to the scramble of many companies for greater size and scale. Some 25% are also looking at acquiring facilities within India itself. It seems certain there will be many domestic consolidations in the medium term.

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Chart 5: Domestic responses on plans for acquisitions in next 1-3 years

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Reasons for the prospective acquisitions are more insightful.

Respondents cited typically several factors. The most popular were:

  • looking to gain access to new markets (43%);
  • wanting to fill strategic gaps (30%);
  • interest in gaining new advanced technologies (26%); and
  • looking to increase size (24%).

Although there is a need for consolidation amongst providers, factors other than the desire to increase size are driving decisions; principally, the practical considerations of new services, markets and offerings. Similarly, Europe and the United States (50% of respondents each) are the most common export markets reported. This indicates a desire amongst leading manufacturers to have facilities closer to their customers.

In comparison, a much large number of international respondents (55.5%) plan on acquiring in India. Of these:

  • 58% are seeking to leverage India’s facilities for low-cost manufacturing targetting export driven sales;
  • 33% are using facilities in India for a mixture of domestic and international sales and
  • 24% are only focusing on domestic sales.

Nevertheless, with over half the international pharma respondents and a quarter of domestic companies looking to acquire in India there is likely to be a shortage of targets and a corresponding spike in prices for the most attractive sites. This may also make it increasingly difficult for domestic SMEs to suitable acquire facilities as they are priced out by overseas rivals. Further Government invention maybe required to help India’s vast SME manufacturing sector upscale into large multinational companies.

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Improving quality standards

In general, an overwhelming majority (92%) of international respondents would invest more, if India’s quality systems improved. However, international respondents are equally split between people thinking that CDSCO initiatives have improved the standards of Indian-made pharmaceuticals and people who believe that the industry is still in the process of improving and maturing (see chart 5). There is also a low level of scepticism (4%) over the lack of a quality culture in India. Overall, the international market is very positive and confident about the CDSCO and acknowledges India’s efforts to improve its reputation.

 

Chart 6: International responses on if CDSCO had improved confidence in Indian-made pharmaceuticals

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Domestic respondents are perhaps, unsurprisingly, even more positive believing the Indian pharma industry is improving and maturing and that there will be fewer issues in the near future. The government is leading the agenda and taking a more active role in improving the quality standards. 81% of domestic respondents believe that ‘the CDSCO is moving towards more comparable regulatory standards of the EMA and FDA’. Additionally, 67% of domestic respondents believe they will be able to meet the 1st January (2018) certification deadline set by the CDSCO, which will take Indian pharma one-step further in

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harmonizing with global standards.

Indian businesses are also implementing more quality control systems to meet regulatory standards with 88% of domestic respondents using Good Manufacturing Practice (GMP) already (see chart 6). Furthermore, some companies are also operating more advanced quality control techniques; 45% use continuous improvement and 31% use quality metrics. Both of these methods are designed to enable pharma companies to iteratively improve standards rather than just meeting minimum requirements highlighting the move towards quality cultures.

Chart 7: Domestic responses on types of quality systems used

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The latest trend — biotechnology/biosimilars

Biologics and large-molecule drugs are undoubtedly the single biggest development in the pharma industry over the last decade. India, famed for its solid dose capabilities, has been quick to react and is increasing diversifying. Many Indian companies have identifed biologics as their major profit generator moving forwards, particularly with the cost advantages (and higher margins) that biosimilars sales will enable when exported in the US and Europe.

The new CDSCO’s ‘guidelines on similar biologics’ have been designed to facilitate this growth by improving efficacy data and helping the industry target exports into the West through harmonized standards. Whilst many of the international and domestic respondents state that the guidelines are not yet as stringent as the EMA or the USA, they do raise the bar for Indian MNCs. Arguably, they can be a stepping-stone to improving quality cultures. Furthermore, half of international respondents believe that India’s biosimilars are already interchangeable with the West, or will be under the updated guidelines. In the past few years, companies were intent on regulating the interchangeability of biosimilars to the original biologic. However, recently, the pharma industry is seeking to also regulate interchangeability between biosimilars. Thus, it is crucial that Indian biosimilars are closely comparable to Western products to drive growth and increase market share as the regulatory and patent positions become more defined over the next few years.

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In the short-term, the majority of Indian-manufactured biologics growth is anticipated to come from international sales. 64% of domestic companies believe that international sales will be the main driver in the sector; of this total, just over half expect growth to ‘predominantly overseas exports, supported by domestic sales’. Conversely, only 19% believe that ‘domestic sales will be the primary agent of growth’, whilst 17% believe that the Indian-made biologics will grow due to, ‘predominantly domestic sales, supported by international activity (see chart 7)’.

Biosimilars are more expensive to make and develop (with higher barriers for entry). However, as a result they deliver a higher-margin. This is acting as a key driver in investment decisions. Many believe Indian-made biologics will be able to deliver cost benefits comparable with what has already been achieved for conventional generics. Furthermore, with patents for 12 biologics expected to expire by 2020, estimates suggest that the global biosimilars market could reach USD 25-35 billion by 2020.7 Indian companies have a readily-defined market to target and invest in over the next decade. If the drugs can be developed and approved, clearly there are virtually guaranteed sales to be had.

Chart 8: Domestic responses on Indian manufactured biologics growth

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There is a parallel majority consensus internationally (65%) that overseas sales will be the main driver of Indian-made biologics (see chart 8). However, with the expanding middle classes in India there is also a growing emerging market domestically that could support some of the development costs.

Chart 9: International responses on Indian manufactured biologics growth

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What may hold India’s biotechnology sector back?

The vast majority (71.02%) of Indian pharma companies are not investing in bio-manufacturing capabilities. This is most likely attributed to the fact that many small- and mediumsized companies simply do not have the financial readiness to enter another pharma field even though consolidation may drive economies of scale. Roughly 40% of the domestic respondents stated that a ‘lack of government support was a key challenge in India’. Furthermore, 33.5% say the ‘lack

of financial investment’ is also to blame for holding back development. Finally, there is a small but significant minority (22.34%) that believes biosimilar growth is actually held back by the ‘lack of talent and expertise’ in India’s biology and chemistry sectors.

One solution is to form partnerships with Western pharma companies. The Mylan-Biocon partnership remains the ‘go to’ model; both domestic and international executives anticipate more such tie-ups in the future. 41% of international respondents believe that biologic alliances may develop between India and the West in the future, with 30% believing these will proliferate in the next three to five years. On the other hand, 24% believe it may only be possible if India can develop appropriate manufacturing capabilities.

Domestic companies are equally positive about potential partnerships, but many expect them sooner. 38% expect more partnerships in the next few years. However,,18% believe that ‘alliances can happen, but will be slow to develop’. A further 36% are more reticent and argue that although partnerships might be possible it will ‘depends on how quickly India’s pharma industry can develop manufacturing capabilities’.

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Chart 10: What are the main drag factors holding back biotechnology in India (domestic responses)

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How should the Government help stimulate R&D by using?

“Emerging institutions with centers of excellence, capability development of existing institutions, institution-industry partnership programs, encouraging innate drug development competencies, encouraging rational approach and global acceptability of age old therapies”.

What types of biosimilar products are being developed in India?

The most common biopharmaceutical product classes in India, according to domestic respondents, mirror the major disease areas and major pharma profit-drivers. ‘Anticancer drugs’ (81%) and ‘enhanced immune class’ (38%) were amongst the most common types of drugs product classes being worked on. This is reflective of the major advances internationally in monoclonal antibodies and peptides. Interestingly, and perhaps reflective of the huge domestic health issue in India, diabetes drugs were also seen by 63% as a primary product class being researched in the country. ‘Nervous system disorders’ (31%), ‘respiratory ‘(39%) and ‘antiretrovirals’ (33%) completed the list.

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Conclusion

Despite the recent slowing down of India’s pharma growth, many international and domestic executives in the market believe that the industry is well-set for another period of explosive growth after consolidating its services and regulatory approach. All respondents agree India is moving forward with Western regulatory and quality standards, both for solid dose and biological. This is expected to herald another period of growth in exports.

The findings show that industry confidence is now extremely high. Domestic manufacturers are bullish about near term revenue prospects, averaging a predicted 30.5% growth in 2017. In the past ten years, the industry has largely expanded its dollar value through international exports. This is set to continue as a major growth factor in the near future, with more USFDA approvals in the last year (201 ANDA up from 109) paving the way for increased generics sales in the United States. However, the picture is now broader than exports. The gentrification of the Indian healthcare economy is leading to an unprecedented surge in demand for domestic pharma. An impressive 70% of respondents anticipate domestic sales will be the main driver of growth for Indian pharma in the next 3-5 years.

The international reputation of the country on ‘data integrity’ has also improved massively; 96% agree that the CDSCO certification programmes and initiatives are helping increase compliance or could do. Even more impressive is the fact that 52% of respondents believed the CDSCO is moving toward comparability with the regulatory standards of the EMA and FDA. Interestingly, 92% of respondents stated that they would invest more in India if quality systems are improved further. As a result of these positive market conditions, 55% of international respondents are planning acquisitions or partnerships in India over the next few years. Reasons include, the desire of international companies to ‘lower the cost of manufacturing and export pharmaceuticals out of India’ (58%), as well as

overseas companies looking to sell ‘both domestically and internationally’ (33%).

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The general consensus is that India will also remain as the leading exporter of APIs. Its sales will be increasingly focussed on Europe, the USA Japan and India, with China taking an increasing share of emerging economies. Domestic use of Indian made APIs should also increase and alleviate some of the supply chain risks associated with dependence on intermediate/ingredient imports from China. This will also help reinforce sales in Western markets where there is growing interest in the origin of a finished product and the purity and robustness of the API supply chain. Emphasised by the international survey, there is much greater confidence in the quality of Indian made APIs; this should enable the country’s larger manufacturers to maintain market-share and margins even if China begins

entering the finished product generics market. However, for the smaller, low-cost generic businesses, China is an undoubted threat in emerging economies and they may need to be acquired or focus on domestic sales to survive. As such, significant consolidation is likely as the industry evolves towards biologicals and branded and high-value generic sales in advanced economies.

Overall, whilst India remains as the self-proclaimed pharmacy of the world, it is now moving towards becoming the ‘pharmacy of the world (for more advanced formulations)’. It has better formulation technologies and scientists than many of its rivals and its future growth will be on providing mid- to high-value drug classes rather than on the very cheapest generics. This should enable margins to rise steadily and may in fact represent a much greater overall opportunity. Essentially, India’s pharma industry is gradually moving away from China as its main rival and is taking greater market share in Europe, the United States and Japan. Alongside this, the predicted vast growth in domestic drugs sales in India should provide – once consolidated – the lower-margin, low-cost generic producers with good market openings. So we will see a continuation of the traditional generic industry. However, gradually this will move towards

more advanced formulations (with novel delivery systems), branded generics, combination drugs, biosimilars and even on-patent production. Additionally, in order to remain competitive with state-supported Chinese companies, there needs to be greater encouragement for the consolidation of smaller pharma companies so that they can compete on economies of scale. India is expected to remain ahead of China in API exports over the next 1-2 years, but it will need

to make further improvements in its structure in order to maintain this lead in the longer term. Finally, the reports argued the biosimilars and biologic

sector is now the hotbed of national innovation, and will see well above-market growth in India. With more biologics coming off-patent in the near future, there is a growing opportunity for pharma companies to make increased profits via biosimilars with interchangeable standards.

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References

  • IBEF (2016). Indian Pharmaceutical Industry Analysis. [online] Ibef.org. Available at: http://www.ibef.org/industry/indianpharmaceuticals-industry-analysispresentation [Accessed 4 Nov. 2016].
  • Padma, T.V. (2016). ‘Brain drain or research exchange? China, India sharing and competing’, Focus on India: A Bio World Today Special Reprint of CPhI India 2016. Vol 27.
  • Padma, T.V. (2016). ‘Experts: India too dependent on APIs imported from China’, Focus on India: A Bio World Today Special Reprint of CPhI India 2016. Vol 27.
  • Liu, Pearl (2016). ‘Industry to Indian government: Bulk up on API capabilities’, Focus on India: A Bio World TodaySpecial Reprint of CPhI India 2016. Vol 27.
  • Limaye, R. (2016). Overcoming The Barriers To Global Biosimilar Adoption. [online] Biosimilardevelopment. com. Available at: http://www.biosimilardevelopment.com/doc/overcoming-the-barriers-to-global-biosimilaradoption-0001 [Accessed 8 Nov. 2016].
  • Padma, T.V. (2016). ‘Start-ups getting boost in India via government support, BIRAC funding’, Focus on India: A Bio World Today Special Reprint of CPhI India 2016. Vol 27.
  • Ravi Limaye, 2016 CPhI Annual Report ‘Realizing the Promise of Biosimilars in 2020’

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About CPhI

CPhI drives growth and innovation at every step of the global pharmaceutical supply chain from drug discovery to finished dosage. Through exhibitions, conferences and online communities, CPhI brings together more than 100,000 pharmaceutical professionals each year to network, identify business opportunities and expand the global market. CPhI hosts events in Europe, China, India, Japan, Southeast Asia, Russia, Istanbul, Korea and South America co-located with ICSE for contract services, P-MEC for machinery, equipment & technology, InnoPack for pharmaceutical packaging and BioPh for biopharma. CPhI provides an online buyer & supplier directory at CPhI-Online.com.

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