Healthy Growth in FDI and Digital Initiatives further fueling growth of Domestic Pharma Industry
India’s $42 billion pharmaceutical sector is heavily dependent on China for key active pharmaceutical ingredients or API — chemicals that are responsible for the therapeutic effect of drugs.
Various estimates put India’s dependence
Poly Medicure Limited (Polymed), India’s leading Medical Devices company, has bagged the prestigious ‘India Medical Device Leader of the Year”, conferred by Department of Pharmaceuticals, under the Ministry of Chemicals & Fertilizers, Government of India at India Pharma and India Medical Device Awards 2022. The
Trivitron Healthcare receives “India Medical Device Company of the Year” Award at 7th India Pharma and India Medical Device Awards
Trivitron Healthcare, one of the global manufacturers of medical devices, has been conferred with the prestigious India Medical Device Award under the India Medical Device Company
The pandemic forced Indian pharma companies to come together and work as a team in the hour of crisis. The trend, experts suggest, will continue for solving long-term issues such as innovation, R&D and digitisation.
The pandemic has brought forth many learnings for the pharmaceutical industry.