Latest Trends In Indian Pharma Industry

Today the pharmaceutical industry can be characterized as high technology industry with very deep historical roots which were less scientific at least when considered with today's measures dating back to the ancient Egyptians. Over the last three decades the Indian pharmaceutical industry has transformed into a world leader in the production of high quality generic drugs. The Indian pharmaceutical industry is estimated to be around US$ 12 billion, growing at 9% annually.

Moreover, Paracetamol bulk drug manufacturers and suppliers in India are gradually changing their reputation from being just a service provider to a value-add in earnings. Pharma companies in India are slowly becoming a perfect destination for combined research and development. The Indian pharmaceutical industry exports medicines to almost 65 countries around the globe with the United States as its largest market for business. Thus, Indian pharma companies have a lot of potential. It is expected that the Indian pharmaceutical sector will soon join the list of the top 10 pharmaceutical industries in the world. These companies are growing their business to improve their reputation in global pharma industry.

HPLC (High-performance liquid chromatography) method is used in paracetamol Ph Eur to determine related substance in acetaminophen. Acetaminophen is a pharmaceutical drug used to ease mild to moderate pain and to control fever. In today’s time innovative and effective drugs are high on demand, thus government should invest more in research and development sector. Lacks of skilled employees and funding are the major obstacles in the path of the development and research in Indian pharmaceutical companies. However, tie-ups and collaboration of Indian pharmaceutical companies with MNCs are rising the opportunities to upgrade Indian drug manufacturing capabilities.

Paracetamol: Generic Vs Brand

Every drug has an approved name known as the generic name. The medicines which have similar actions often have similar-sounding generic names. For instance, ampicillin, phenoxymethylpenicillin, flucloxacillin and amoxicillin come under one group of antibiotics. Also, some drugs have one or more brand names which are decided by the drug manufacturing company. Many pharma firms may produce the same generic drug, each with their unique brand name. 

Generic medicines are often cheaper than drugs with brand names. There is often a big price difference between paracetamol generic and paracetamol with different brand names. Panadol 500mg paracetamol tablets are known as a “brand leader” and Herron 500mg paracetamol tablets are generic.

 Some pills or tablets contain a blend of medicines. Such medicinal products are often advertised and sold under brand names. Though, the individual tablets (the medicines that are mixed to form the one tablet or pill) will all be printed on the packet. For instance, Solpadol is the brand name of a popular painkiller. This drug has two generic medicines – codeine and paracetamol. Often, doctors are trained to use generic.  Sometimes, one medicine has different brand name.

 Often, the company chooses the name which can be easily noticed by people when advertised. They also think that the name should be easier to say or spell than the generic name. Paracetamol is a generic name. There are many companies which make paracetamol generic drugs. Panadol and Calpol are the common brand name of Paracetamol.