Wednesday, 17 February 2016

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.

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