Vibcare Pharma
23/05/19
The recent annual report by Pharmaceutical Export Promotion Council (Pharmexcil) claimed that the total pharma exports from India have shown a heartening double-digit growth of 10.72 percent at $19.14 billion for 2018-19 as compared to last year’s pharma exports of $17.28 billion.
Earlier, the double-digit growth in Indian pharma exports was witnessed in 2015-16, when total exports of $ 16.89 billion were registered at a growth rate of 10.17 percent. The current double-digit growth occurred after three years of flat-to-marginal export growth, mainly driven by formulations exports to North America among other destinations
Giving a performance break-up of individual categories within the pharma segment, The Union Commerce Ministry's nodal agency said that the export of drug formulations and biologicals, which grew at 12.13 percent vis a vis total growth of 10.72 percent. Thus, drug formulations and biologicals added close to $1.5 billion to the total pharma export revenues this time around.
The data shows that formulations accounted for 70.87 percent of the total pharma exports in the year 2018-19, with a total contribution of $13.56 billion.
"India's export of generics is growing 2.2 times faster as compared to global generics market growth, which is reported to have grown at just over 5 percent in 2018 calendar year," Pharmexcil said. Except December 2018, which did not show promising growth, exports of formulations through the year has done well and the average exports of formulations during the year registered $1.14 billion a month, according to the report.
Bulk drugs and drug intermediates, which is the second big category of exports after formulations, grew at 10.48 percent to reach $3.9 billion as compared to $3.5 billion last year. Export of vaccines and surgical grew 1.31 percent and 3.19 percent at $661.93 million and $569.77 million respectively in 2018-19.
Herbal products, being the only category of pharmaceuticals that showed negative growth in exports this time, registered $299 million of exports as compared to $312 million in the previous year.
The top 25 export destinations contribute approximately three fourth of the formulation exports amounting to $10.38 billion. The US maintains the position of being the largest export destination with over 38.62 percent of the total generic exports to that country at $5.24 billion.
As per the data released by the Director-General Commercial Intelligence and Statistics (GGCIS) for the month of February 2019, the pharmaceutical agency maintained that the price erosion was beginning to stagnate and recovery in margins was seen in the US.
Indian companies alone got 538 authorizations (product approvals) out of the total 1638 market authorizations granted by the US Food and Drug Administration (US FDA) in the year 2018. Indian companies are facing intense competition there as many of their approved products have six or more companies competing. "Indian companies are required to file complex generic applications and also of biosimilars to steer away from intense competition and look for higher margins. Biocon has already made a beginning in biosimilars," the report said.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Brand and Generic Name
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Pharma Industry Growth
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Vibcare Pharma
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Ayurvedic PCD Pharma Franchise
Indian Pharmaceutical Industry
Propaganda cum Distribution
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
PCD Pharma Companies
Pharma Companies
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Cost Effective Manufacturing
Pharma Industry Growth
steps for third party manufacturing
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Outsourcing in Pharma
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Choosing the Best Company
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Indian Pharmaceutical Industry
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Indian Pharma Industry
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Ayurvedic PCD Pharma Franchise
Business Investment
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Choosing Pharma Company
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Drug Development
Pharmaceutical Contract Manufacturing
Quality Assurance
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
India's Pharma Market
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Ayurvedic PCD Pharma Franchise
Business Franchising
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Healthcare Economics
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Pharma PCD Companies in Chandigarh
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Generic Medicines
Healthcare in India
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Contract Manufacturing Organizations
Indian Pharmaceutical Industry
Third Party Pharma Companies
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Global Pharma Industry
India Pharmaceuticals
Indian Pharma Trends
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Business Expansion
Indian Pharmaceutical Industry
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Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Ayurvedic PCD Pharma Franchise
Bihar Business Opportunity
Indian Pharmaceutical Industry
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Indian Pharmaceutical Industry
Investment in Healthcare
Pharma Manufacturing
Ankur Warikoo • 20 Jan 2022
It is never easy to find a proper pharma PCD franchise company without doing research. Here are some guidelines that you need to look for when you search for a PCD franchise company.
Choosing Pharma Company
Indian Pharmaceutical Industry
PCD Pharma Companies