{"id":71374,"date":"2020-12-01T18:59:49","date_gmt":"2020-12-01T13:29:49","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=71374"},"modified":"2021-03-26T18:12:37","modified_gmt":"2021-03-26T12:42:37","slug":"indian-pharmaceutical-sector-challenges-and-reforms","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/indian-pharmaceutical-sector-challenges-and-reforms\/","title":{"rendered":"INDIAN PHARMACEUTICAL SECTOR CHALLENGES AND REFORMS"},"content":{"rendered":"<p aria-level=\"1\"><span data-contrast=\"none\">Source:\u00a0<\/span><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1607483\"><span data-contrast=\"none\">PIB<\/span><\/a><span data-contrast=\"none\">,\u00a0<\/span><a href=\"https:\/\/www.youtube.com\/watch?v=JHPd5nZDo0A\"><span data-contrast=\"none\">Indian Medicine Industry-RSTV<\/span><\/a><span data-contrast=\"none\">\u00a0,\u00a0<\/span><a href=\"https:\/\/www.fdi.finance\/sectors\/pharmaceuticals\"><span data-contrast=\"none\">FDI data of Ministry<\/span><\/a><span data-contrast=\"none\">,\u00a0<\/span><a href=\"https:\/\/www.livemint.com\/opinion\/online-views\/opinion-the-illness-plaguing-india-s-pharmaceutical-sector-1548347258872.html\"><span data-contrast=\"none\">Mint<\/span><\/a><span data-contrast=\"none\">,\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Relevance:\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Recently PM follows up his 3 city visit by a virtual meeting with 3 more vaccine developers based in Pune and Hyderabad<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Ambassadors of 100 countries are scheduled to arrive in Pune on December 4, to visit Serum Institute of India and\u00a0<\/span><span data-contrast=\"none\">Gennova<\/span><span data-contrast=\"none\">\u00a0Biopharma. \u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">Sweden\u00a0<\/span><\/b><span data-contrast=\"none\">has already acknowledged\u00a0<\/span><b><span data-contrast=\"none\">India\u2019s role as the \u2018pharmacy of the world\u2019<\/span><\/b><span data-contrast=\"none\">\u00a0and is\u00a0<\/span><b><span data-contrast=\"none\">focusing on expanding bilateral cooperation in the areas of health and life sciences<\/span><\/b><span data-contrast=\"none\">\u00a0in view of the Coronavirus pandemic.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">How big is Indian Pharma Sector?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">From\u00a0<\/span><b><span data-contrast=\"none\">2000-2019 Pharma sector alone contributed for FDI inflows worth $16.2bn<\/span><\/b><span data-contrast=\"none\">\u00a0and it is expected to rise during COVID pandem<\/span><span data-contrast=\"none\">ic.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Recent<\/span><b><span data-contrast=\"none\">\u00a0Economic Survey\u00a0<\/span><\/b><span data-contrast=\"none\">acclaimed Pharma sector as one of the\u00a0<\/span><b><span data-contrast=\"none\">top 5 sector which reduce trade deficit of India<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"none\">More than\u00a0<\/span><b><span data-contrast=\"none\">80% worlds Anti Retro-viral drugs depend on India<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"none\">India is the\u00a0<\/span><b><span data-contrast=\"none\">largest producer of vaccines<\/span><\/b><span data-contrast=\"none\">\u00a0even before COVID pandemic and c<\/span><b><span data-contrast=\"none\">ontrolled more than 50% of\u00a0<\/span><\/b><b><span data-contrast=\"none\">global supplies<\/span><\/b><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Bio-Pharma is the largest secto<\/span><\/b><b><span data-contrast=\"none\">r<\/span><\/b><span data-contrast=\"none\">\u00a0contributing to\u00a0<\/span><b><span data-contrast=\"none\">62% of the total revenue<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"none\">It is\u00a0<\/span><span data-contrast=\"none\">estimated that medical tourism in the country can grow and become a 9 billion dollars industry this\u00a0<\/span><span data-contrast=\"none\">year<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"9\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">20% of global gener<\/span><\/b><b><span data-contrast=\"auto\">ic medicine\u00a0<\/span><\/b><span data-contrast=\"auto\">has been<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">controlled<\/span><span data-contrast=\"auto\">\u00a0by India<\/span><b><span data-contrast=\"auto\">.<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">How Indian Pharma Sector is regulated?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"10\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Under Drugs and Cosmetics Act 1940<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><b><span data-contrast=\"none\">(<\/span><\/b><a href=\"http:\/\/www.naco.gov.in\/sites\/default\/files\/Drug%20%26%20Cosmetic%20Act%201940_1.pdf\"><b><span data-contrast=\"none\">For Source click here<\/span><\/b><\/a><b><span data-contrast=\"none\">)<\/span><\/b><b><span data-contrast=\"none\">\u00a0<\/span><\/b><span data-contrast=\"auto\">was<\/span><span data-contrast=\"auto\">\u00a0the\u00a0<\/span><span data-contrast=\"none\">central legislation that regulates India&#8217;s drug and cosmetic import, manufacture, distribution and sale.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"11\" data-aria-level=\"2\"><span data-contrast=\"auto\">The Act clearly\u00a0<\/span><b><span data-contrast=\"auto\">defines the spurious drugs, adulterated drugs and mis branded drugs<\/span><\/b><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"12\" data-aria-level=\"2\"><span data-contrast=\"none\">This also\u00a0<\/span><b><span data-contrast=\"none\">established the Central\u00a0<\/span><\/b><b><span data-contrast=\"auto\">Drugs<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><b><span data-contrast=\"none\">Standard Control Organization (CDSCO)<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"13\" data-aria-level=\"2\"><span data-contrast=\"auto\">The Act\u00a0<\/span><b><span data-contrast=\"auto\">establishes the regulatory control\u00a0<\/span><\/b><span data-contrast=\"auto\">over the manufacture and sale of drugs<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"14\" data-aria-level=\"2\"><b><span data-contrast=\"auto\">State Health department has to regulate\u00a0<\/span><\/b><span data-contrast=\"auto\">the manufacturing, sales and distribution of drugs<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:1440,&quot;335559737&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"3\" aria-setsize=\"-1\" data-aria-posinset=\"15\" data-aria-level=\"2\"><span data-contrast=\"auto\">Drug Inspectors will control the implementation at ground level.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:1440,&quot;335559737&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">Central\u00a0<\/span><\/b><b><span data-contrast=\"auto\">Drugs\u00a0<\/span><\/b><b><span data-contrast=\"none\">Standard Control Organization (CDSCO)<\/span><\/b><b><span data-contrast=\"none\">\u00a0<\/span><\/b><a href=\"https:\/\/cdsco.gov.in\/opencms\/opencms\/en\/About-us\/Introduction\/\"><b><span data-contrast=\"none\">Source<\/span><\/b><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0a7\" data-font=\"Wingdings\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Central Drug Authority for discharging functions assigned under the Drugs and Cosmetics Act<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0a7\" data-font=\"Wingdings\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">The CDSCO works in the Directorate General of Health services, is a division in Ministry of Health and Family welfare<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0a7\" data-font=\"Wingdings\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">The CDSCO is headed by\u00a0Drug Controller General of India (DCGI).<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0a7\" data-font=\"Wingdings\" data-listid=\"5\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">It was advised by Drug Technical Advisory Board and Drug\u00a0<\/span><span data-contrast=\"none\">Consultative<\/span><span data-contrast=\"none\">\u00a0Committe<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Potential lead for\u00a0<\/span><\/b><b><span data-contrast=\"none\">enormous\u00a0<\/span><\/b><b><span data-contrast=\"none\">growth<\/span><\/b><b><span data-contrast=\"none\">\u00a0of Pharma Sector<\/span><\/b><b><span data-contrast=\"none\">:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"16\" data-aria-level=\"1\"><span data-contrast=\"auto\">The\u00a0<\/span><b><span data-contrast=\"auto\">growing population\u00a0<\/span><\/b><span data-contrast=\"auto\">of over a billion<\/span><span data-contrast=\"auto\">\u00a0along with diversity among people offers\u00a0<\/span><b><span data-contrast=\"auto\">An<\/span><\/b><b><span data-contrast=\"auto\">\u00a0excellent centre for clinical trials<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"17\" data-aria-level=\"1\"><span data-contrast=\"auto\">Focus on\u00a0<\/span><b><span data-contrast=\"auto\">low cost, efficient\u00a0<\/span><\/b><span data-contrast=\"auto\">drugs lead to growth of the sector in terms o<\/span><span data-contrast=\"auto\">f\u00a0<\/span><b><span data-contrast=\"auto\">Value and Volume<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"18\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Low cost of production and Low R&amp;D costs<\/span><\/b><span data-contrast=\"auto\">\u00a0in\u00a0<\/span><i><span data-contrast=\"auto\">India<\/span><\/i><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"19\" data-aria-level=\"1\"><span data-contrast=\"auto\">A\u00a0<\/span><b><span data-contrast=\"auto\">huge patient base\u00a0<\/span><\/b><span data-contrast=\"auto\">from domestic and from foreign<\/span><span data-contrast=\"auto\">\u00a0as a medical tourist<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"20\" data-aria-level=\"1\"><span data-contrast=\"auto\">Improving\u00a0<\/span><b><span data-contrast=\"auto\">healthcare infrastructure<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><span data-contrast=\"auto\">in India<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"21\" data-aria-level=\"1\"><span data-contrast=\"auto\">An\u00a0<\/span><b><span data-contrast=\"auto\">increase in lifestyle-related diseases\u00a0<\/span><\/b><span data-contrast=\"auto\">such as diabetes, cardiovascular diseases, and central nervous system.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"22\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Penetration of health insurance<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><span data-contrast=\"auto\">is increased<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"23\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Adoption of patented products<\/span><\/b><b><span data-contrast=\"auto\">\u00a0<\/span><\/b><span data-contrast=\"auto\">by Indian Pharma Sector<\/span><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"24\" data-aria-level=\"1\"><span data-contrast=\"auto\">Patent\u00a0<\/span><span data-contrast=\"auto\">expiration<\/span><span data-contrast=\"auto\">\u00a0and<\/span><b><span data-contrast=\"auto\">\u00a0aging population in the US, Europe, and Japan<\/span><\/b><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Challenges in the Pharma Sector:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"25\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">From regulator side<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Doing a post-mortem kind of work by inspecting the drugs after getting into market<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"2\"><span data-contrast=\"auto\">Low data collection on drugs coupled with insufficient\u00a0<\/span><span data-contrast=\"auto\">training to\u00a0<\/span><span data-contrast=\"auto\">drug inspector\u00a0<\/span><span data-contrast=\"auto\">leading to huge malpractice among drug sellers\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"26\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">From Marketing side<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"2\"><b><span data-contrast=\"auto\">Medical representatives and drug sellers\u00a0<\/span><\/b><span data-contrast=\"auto\">inefficient training to me<\/span><span data-contrast=\"auto\">et the man power\u00a0<\/span><span data-contrast=\"auto\">along with prevalence of\u00a0<\/span><span data-contrast=\"none\">Quack(<\/span><span data-contrast=\"none\">fake doctor)<\/span><span data-contrast=\"auto\">\u00a0increases risk of life\u00a0of patients<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"2\"><span data-contrast=\"auto\">Pharma companies\u00a0<\/span><b><span data-contrast=\"auto\">unethical\u00a0<\/span><\/b><b><span data-contrast=\"auto\">pratice<\/span><\/b><b><span data-contrast=\"auto\">\u00a0of providing freebies and gifts<\/span><\/b><span data-contrast=\"auto\">\u00a0to Doctors to promote their drugs<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"27\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Quality is getting compromised\u00a0<\/span><\/b><span data-contrast=\"auto\">due to high demand for drugs\u00a0<\/span><span data-contrast=\"auto\">among people<\/span><span data-contrast=\"auto\">. This is evident by wide scale recall of drugs in India.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"28\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Low R&amp;D investment:\u00a0<\/span><\/b><span data-contrast=\"auto\">India only\u00a0<\/span><span data-contrast=\"auto\">invests<\/span><span data-contrast=\"auto\">\u00a00.7% of its GDP for research and investment. This is very low compare to the\u00a0<\/span><span data-contrast=\"auto\">demand in the sector<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"29\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">International Challenges<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"2\"><span data-contrast=\"auto\">Global Pharma companies accuse Indian pharma companies as an abuser of Patent laws and\u00a0<\/span><b><span data-contrast=\"auto\">criticise India\u2019s\u00a0<\/span><\/b><b><span data-contrast=\"auto\">Compulsory<\/span><\/b><b><span data-contrast=\"auto\">\u00a0Licensing Policies<\/span><\/b><b><span data-contrast=\"auto\">.<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"2\"><span data-contrast=\"auto\">India nearly\u00a0<\/span><b><span data-contrast=\"auto\">9<\/span><\/b><b><span data-contrast=\"auto\">0% depend on China for\u00a0<\/span><\/b><b><span data-contrast=\"auto\">its<\/span><\/b><b><span data-contrast=\"auto\">\u00a0Active Pharmaceutical Ingredients<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b><span data-contrast=\"none\">Solutions:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"30\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Implementing the recommendation of\u00a0<\/span><\/b><b><span data-contrast=\"none\">Malshekar<\/span><\/b><b><span data-contrast=\"none\">\u00a0committee<\/span><\/b><b><span data-contrast=\"none\">\u00a0on drug regulation<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"2\"><span data-contrast=\"auto\">Recommend a new structure for the Drug Regulatory System in the country including the\u00a0<\/span><b><span data-contrast=\"auto\">setting up of a National Drug Authority<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"2\"><span data-contrast=\"auto\">Recommended that the State Drug Control Organisations should be urgently strengthened.<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"none\">(<\/span><a href=\"https:\/\/pharmaceuticals.gov.in\/sites\/default\/files\/MashelkarCommitteeReport.pdf\"><span data-contrast=\"none\">for source<\/span><\/a><span data-contrast=\"none\">)<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"31\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Creating a Digital Database\u00a0<\/span><\/b><span data-contrast=\"auto\">for patients, drug usage and risk associated with the intake of drug<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"32\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Revise the ethical code\u00a0<\/span><\/b><span data-contrast=\"auto\">for Pharma companies to discontinue freebies and gifts<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"33\" data-aria-level=\"1\"><span data-contrast=\"auto\">Government need to\u00a0<\/span><b><span data-contrast=\"auto\">Upgrade the quality standards and qualities<\/span><\/b><span data-contrast=\"auto\">\u00a0of Medical representatives<\/span><span data-contrast=\"auto\">\u00a0and drug sellers<\/span><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"34\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Promote country specific research\u00a0<\/span><\/b><span data-contrast=\"auto\">for R&amp;D and\u00a0<\/span><span data-contrast=\"auto\">increasing the R&amp;D spending\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"35\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Rework with the IPR policies\u00a0<\/span><\/b><span data-contrast=\"auto\">to make Indian Pharma companies\u00a0<\/span><span data-contrast=\"auto\">for encouraging more patents.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"36\" data-aria-level=\"1\"><span data-contrast=\"auto\">Government need to frame a\u00a0<\/span><b><span data-contrast=\"auto\">National Plan on self-sustaining in API\u2019s\u00a0<\/span><\/b><span data-contrast=\"auto\">and avoid over dependence on China.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" aria-setsize=\"-1\" data-aria-posinset=\"37\" data-aria-level=\"1\"><span data-contrast=\"auto\">Government need to frame a policy to\u00a0<\/span><b><span data-contrast=\"auto\">Utilise the traditional Knowledge\u00a0<\/span><\/b><span data-contrast=\"auto\">in drug manufacturing\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Though the sector is highly capital intensive, the sector developed into a global leader in Pharma products. Now It is time to implement<\/span><span data-contrast=\"none\">\u00a0better policies in regulation and encourage the sector to produce more API\u2019s in India to avoid over dependence.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559685&quot;:720,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source:\u00a0PIB,\u00a0Indian Medicine Industry-RSTV\u00a0,\u00a0FDI data of Ministry,\u00a0Mint,\u00a0\u00a0 Relevance:\u00a0\u00a0 Recently PM follows up his 3 city visit by a virtual meeting with 3 more vaccine developers based in Pune and Hyderabad\u00a0\u00a0 Ambassadors of 100 countries are scheduled to arrive in Pune on December 4, to visit Serum Institute of India and\u00a0Gennova\u00a0Biopharma. \u00a0\u00a0 Sweden\u00a0has already acknowledged\u00a0India\u2019s role as&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/indian-pharmaceutical-sector-challenges-and-reforms\/\">Continue reading <span class=\"screen-reader-text\">INDIAN PHARMACEUTICAL SECTOR CHALLENGES AND REFORMS<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":71388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[130,9],"tags":[1417,1416,1460,7999,1418,1419,1289],"class_list":["post-71374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-7-pm","category-public","tag-central-drugs-standard-control-organization","tag-drugs-and-cosmetics-act","tag-eco_11","tag-economy_issues","tag-malshekar-committee","tag-pharma-sector","tag-soc_0","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2020\/12\/Indian-Pharmaceutical-Sector-1.jpg?fit=1280%2C720&ssl=1","views":{"total":1024,"cached_at":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/71374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=71374"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/71374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/71388"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=71374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=71374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=71374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}