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Promising Growth of Pharma Franchise Business in India | Vibcare Pharma

Vibcare Pharma

21/08/23

The pharmaceutical industry in India is witnessing an unprecedented expansion, particularly within the pharma franchise business. The forecast trends suggest a promising growth trajectory for the sector in 2023, bolstered by a focus on high-quality manufacturing, affordable drug pricing, and the incorporation of innovation and technology. The EY FICCI report highlights the emerging consensus on the imperative need for innovative therapies for patients, propelling India's pharma franchise towards new horizons.

In light of these developments, the Indian pharmaceutical market is expected to touch an impressive $130 billion by the end of 2030. Simultaneously, the global pharmaceutical market is poised to cross the $1 trillion mark in 2023. This presents a significant opportunity for the pharmaceutical franchise in India to contribute to the domestic market and make a substantial impact on the global sphere. The year 2023 appears to be the beginning of a golden era for the Indian pharma franchise industry.

Revolutionising pharma franchise with Vibcare Pharma

At Vibcare Pharma, we take pride in being one of the leading pharma manufacturing companies in India, with more than four decades of experience under our belt. We have earned a sterling reputation in the third-party pharma manufacturing industry, rooted in our commitment to the highest standards of quality, reliability, and service. As an ISO 9001:2015 Certified company, we ensure that every product we manufacture meets the rigorous WHO-GMP standards, ensuring the utmost safety and efficacy for our customers.

Our extensive product portfolio covers all major therapeutic segments, with over 1200 products to our name. We aim to be a one-stop solution for third-party pharma manufacturing and serve our clients with customised and efficient solutions. With our wealth of experience and robust manufacturing capabilities, we are ideally positioned to contribute significantly to the growth of the pharma franchise in India. We firmly believe that our commitment to excellence and our broad product range positions us as your preferred partner in the thriving Indian pharmaceutical market.

Join us at Vibcare Pharma, and let's partner for a healthier future and a prosperous journey in the pharma franchise industry in India.

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