Pharma sector development

Pharma sector development 

With 70 % of market share in terms of revenues,
generic drugs form the largest segment of the Indian
pharmaceutical sector, and are estimated to have grown at a CAGR of 16.3 per cent.

  Investment (as % of sales) in research & development by Indian pharma companies has increased from 5.3 per cent

in FY12 to 8.5 per cent in FY18

Indian pharmaceutical sector industry supplies over 50 percent of global demand for various vaccines &40 percent of generic demand in the US.

Presently over 80 percent of the drugs used globally to combat AIDS are supplied by Indian pharmaceutical firms.

This is the developement of pharma sector in last 2-3 years