Indian Pharmacy: Pharma Companies in India

Dr. Reddy’s shares fell 2.9% to close at Rs2,360.90, Sun Pharma dropped 0.9% to Rs548.45, and Cadila Healthcare retreated 0.9% to Rs497.70. According to a Citi Research report released on Wednesday, cumulative sales of the 13 drugs added in the lawsuit are estimated to be around $1.2 billion. “We reiterate our view (based on earlier due diligence) that proving price collusion in a court is easier said than done,” the report said. ZOTA respects the privacy of individual/visitors and is committed to protect the privacy of visitors on the ZOTA’s website. ZOTA will comply with all legal, regulatory and/or contractual obligations related to privacy.

Generic Pharmaceuticals Price List

“Over the last two years, we have seen a 10 times growth and we are confident that we will deliver savings of $1 billion by 2025. The majority of people having chronic illnesses such as diabetes, hypertension pomalidomide price philippines and heart diseases switch to branded generic medicines for greater savings. So far, we have catered to 3.5 million Indians, nationally and enabled savings worth Rs. 250 million for them,” said Choudhary.

ZEELAB : India’s Affordable Online Generic Medicine Store

To know the generic name of the medicine you are looking for, you can also use a free web service such as This website has a database of over 1 lakh medicines. Before investing, investors must conduct independent research and not solely rely on the information provided here. This will allow investors to make appropriate investment decisions based on their financial goals, investment objectives and risk tolerance.

• Without any difference, the generic drug is the same in potency, dose, and method of intake, quality, and implications and works the same as the branded medicine.
• Meanwhile, the global market size of pharmaceutical products was estimated to cross over the US$ 1 trillion mark in 2023.
• “The FDA overall is trying to raise the bar because it’s a brutal industry for a lot of these companies where the pricing pressure is so hefty,” he said.
• Lack of access to good quality and affordable medicines has been a major challenge plaguing Indian healthcare pushing 3% of Indians into poverty every year.
• We at Zeelab Pharmacy understand that sometimes you need medicines on an urgent-basis and that is the reason why we ensure that you receive your medication at the earliest possible.
• As the medicine’s patent expires, more pharmaceutical companies apply to get approval to sell the generic drug.

Health

With 14 manufacturing facilities in four countries and 4 R&D centres spanning across GPL and GLS, we work relentlessly towards improving the quality of life of patients across the globe. Protech Telelinks of Companies has been involved in developing a growing portfolio of best-in-class pharmaceutical formulations in the health care.. We have discussed the Top 10 Generic Medicine Manufacturers in India in this blog.

years of making science work for people

If you do not receive a response from the seller for your return request within two business days, you can submit an A-to-Z Guarantee claim. Precious jewellery items need to be returned in the tamper free packaging that is provided in the delivery parcel. All the toys item other than Vehicle and Outdoor Category are eligible for free replacement/refund, within 7 days of delivery, in an unlikely event of damaged, defective or different/wrong item delivered to you. Return the speakers in the original condition in brand box to avoid pickup cancellation. We will not process a replacement if the pickup is cancelled owing to missing/ damaged box. This item is eligible for free replacement, within 7 days of delivery, in an unlikely event of damaged, defective or different item delivered to you.

What do I need to open a generic medicine shop under the Jan Aushadhi scheme?

The objective of the scheme is to transform Indian pharmaceuticals sector from cost-based to innovation-based growth by strengthening the research infrastructure in the country. The scheme aims to promote industry-academia linkage for R&D in priority areas and to inculcate the culture of quality research and nurture the pool of scientists. This is expected to lead to sustained global competitive advantage and contribute to quality employment generation in the country. As per the FICCI Report on Indian pharma industry (2021), India’s pharma industry has demonstrated a compounded growth rate of (CAGR) of about 11% in the domestic market, while the exports have registered a 16% growth over the last two decades. The domestic market has grown at a pace similar to the gross domestic product (GDP); the overall growth is reportedly driven by the industry’s remarkable steps in supplying generic formulations to global markets.

Cytonova Labs International Private Limited

These variations are frequently caused by non-active components like dyes, fillers, and preservatives that influence size, shape, and color. It is intended to be this way since manufacturers under generic medicine names do not incur the same capital expenses as brand-name manufacturers. “Higher costs could exacerbate inflation, especially in vital sectors like pharmaceuticals, where affordability is critical,” Datta said.

We appreciate entire Akums team for their transparency, commitment and quality products manufacturing.

Endo International plc is a highly focused generic pharma product and specialty branded pharmaceutical company delivering quality medicines through excellence in development, manufacturing, and commercialization. Through their operating companies – Endo Pharmaceuticals, Par Pharmaceutical, and Paladin Labs – Endo is dedicated to serving patients in need. Deshpande said that the only difference in pricing is because of the long supply chain and marketing gimmick used by MNCs which result in high prices of branded medicines. Whereas Generic Aadhaar provides medicines from the same manufacturer avoiding all the other unnecessary expenses and providing it at a very affordable cost, he said. “There is no alternative for medicines, and taking advantage of this compulsion, MNCs have been selling medicines at a very high rate for many decades. But MNCs include high marketing and promotional costs that result in costly medicines, he said.

• This item is eligible for free replacement, within 7 days of delivery, in an unlikely event of damaged, defective or different item delivered to you.
• Overall, Medkart’s commitment to providing access to quality generic medicines has been instrumental in improving the health outcomes of millions of people in India.
• Ans 3.) From the sources of web and market reputation following are the companies eligible on the list.
• Because of the high pricing of branded medicines generic drugs are introduced.
• However, even if you withdraw your consent, please note that MarketSmith India will still likely have a legal basis for processing your information, including the bases of contractual necessity and/or legitimate interests.
• It manufactures and distributes generic drugs, over-the-counter drugs, over 60 active pharmaceutical ingredients, biotechnology accessories, diagnostic devices, and critical care to drug manufacturers in India and other countries.
• As per Indian household, the term ‘generic’ implies the drug is a cheaper, less effective and duplicate version of the brand name product.
• Numerous businesses manufacture generic birth control pills under various brand names.
• “Over the last two years, we have seen a 10 times growth and we are confident that we will deliver savings of $1 billion by 2025.

List of Top 10 Generic Pharma Companies in India

The company develops pharmaceuticals in different formulations, including liquids, ointments, tablets, capsules, injectables, granules and powder. These products cater to the treatment of gastroenterological, gynaecological, urological and neurological diseases, as well as diabetes, pain and infections. Headquartered in Gurgaon, Fortis Healthcare Limited is an IHH Healthcare Berhad subsidiary and is a prominent integrated healthcare services provider in India. With 28 healthcare facilities and over 400 diagnostics centres across India, the United Arab Emirates (UAE), Sri Lanka and Nepal, it is among the country’s largest healthcare organisations.

Generic drugs & its future in India

Return the watch in the original condition in brand box to avoid pickup cancellation. We will not process a replacement if the pickup is cancelled owing to missing/damaged contents. Return the clothing in the original condition with the MRP and brand tag attached to the clothing to avoid pickup cancellation. We will not process a replacement or refund if the pickup is cancelled owing to missing MRP tag.

Related News

In addition, the thrust on rural health programmes, lifesaving drugs and preventive vaccines also augurs well for the pharmaceutical companies. The active component will be listed on the drug label if your doctor allows generic replacement, even though your prescription is for a brand-name product. As a result, the active components in brand-name and generic medications are identical. Trade regulations prohibit identically branded generic medicines, but they must all contain the same active ingredients to produce the same therapeutic benefits.

FDA takes several actions to ensure safety and quality before and after a new or generic medicine is marketed. The only retail chain in the country to have 98% own products sold from the store. This reinsures that high quality products are given to customers at an affordable price. Within a short span from its inception, DavaIndia generic pharmacy has instituted more than 600 retail franchise stores across the length and breadth of India with more than 30 lakh happy customers.

There is no infringement, ruled a US appeals court which rejected Genentech’s bid to block Sandoz’s copycat version of Esbriet, dealing a hard blow to the innovator company. We will be happy to have you on board as a blogger, if you have the knack for writing. M&A transactions have increased by 13.5% year-on-year, reaching a total value of US$ 88.9 billion, while the number of deals has risen by 25.9% to 2,811 in the first eleven months of 2024. Exports of Drugs & Pharmaceuticals were estimated to be at US$ 2.13 billion in January 2024, accounting for 5.8% of the total exports in the month. India is the 3rd largest producer of API accounting for an 8% share of the Global API Industry.

Generic Medicine Products

The Jan Aushadhi website lists the locations of generic medicine shops across different states of India. Additionally, Dr Samit Sharma says that there are about 72 shops in Rajasthan by the name of ‘Life Line Drug Stores’. These are operational in medical college hospitals, district, sub-district and satellite hospitals.

• Return the camera in the original condition with brand box and all the accessories Product like camera bag etc. to avoid pickup cancellation.
• A generic drug is a pharmaceutical drug that is equivalent to a brand-name product in dosage, strength, kinetics, way of administration, quality, and intended use.
• Additionally, the company provides multivitamins, antibiotics, eye drops and cough syrups to government bodies in India.
• Major segments of the Pharmaceutical Industry include generic drugs, bulk drugs, vaccines, Over-The-Counter (OTC) medicines, biosimilars and biologics.
• The biosimilars market in India is estimated to grow at a compounded annual growth rate (CAGR) of 22% to become US$ 12 billion by 2025.
• By visiting this website the visitor has automatically shown its consents to the terms of this policy.

For example, Clause 1.5 of the regulations requires physicians to prescribe drugs using their generic names, preferably in capital letters. Similarly, to discourage doctors from pursuing profits, Clause 6.3 places a prohibition. A physician is not allowed to run an ‘open shop’ where medicines prescribed by other doctors are sold, or where medical equipment is sold. It is acceptable for a doctor to prescribe or supply medications, remedies, and appliances, as long as patients are not exploited.

The government has set ambitious target to boost the medical devices industry in India, aiming to elevate it from its current US$ 11 billion valuation to US$ 50 billion by 2030. Presently, over 80% of the antiretroviral drugs used globally to combat AIDS (Acquired Immune Deficiency Syndrome) are supplied by Indian pharmaceutical firms. India is rightfully known as the “pharmacy of the world” due to the low cost and high quality of its medicines.

Tradeindia helps us to make our presence on top search engines and also provides us good numbers of business leads and inquiries, which helps us to grow our sales. Alembic is a multi-product, multi-location enterprise working with some of the biggest pharmaceutical companies in the world to deliver a variety of complex chemistries. In the short term, that is expected to benefit larger global competitors, such as Teva Pharmaceutical Industries Ltd , Actavis Plc and Mylan Inc., which will be called upon to supply drugs no longer available from some of their rivals in India, they said.

At the time of first time login to our Website/App, ZOTA may ask you to provide OTP to log into Website/App. To auto fill the OTP, we may read your SMS inbox in which we have sent OPT for login, prior permission from user shall be accorded in this regards. When you visit our Website/App, your IP location may be captured with due permission, the motive behind this is to identify the nearest DAVAINDIA stores to your location and serve you better. By visiting this website the visitor has automatically shown its consents to the terms of this policy. The information shared with Zota Healthcare Ltd (ZOTA) is with the consent of the visitor which may be processed in a manner referred in this policy. Over the span of a decade, his extensive travels across India enabled him to establish multiple Business Networks in every state, covering major cities and beyond.

The country leads in generic drug manufacturing, accounting for 20% of the global supply by volume and meeting about 60% of the world’s vaccine demand. When products are temporarily removed from the US market, “that has given some larger manufacturers the ability to take up pricing and pick up some share,” said RBC Capital Markets analyst Randall Stanicky. Some US doctors say the headlines have raised new concerns about the quality of the generic drug supply. Ans 2.) No, it is not both medicines have the same active pharmaceutical ingredients. Being dedicated to this healthcare service for the past many years the company has successfully carved a niche for its presence felt strongly both in the domestic as well as international market.

Lupin, the largest generic drug manufacturer in India, offers a wide range of items including generic drugs, biotechnology items, and APIs. The main areas of focus of the company include Pediatrics, Diabetology, Cardiovascular, Anti-infective, and Anti-tuberculosis. Its domestic pharmaceutical industry boasts a network of 3,000 drug companies and around 10,500 manufacturing units. Additionally, India exports pharmaceutical products to North America, Africa, the Caribbean, the Middle East, Asia and other European regions. Ans 1.) Generic medicine companies are the companies that provide medicine at the manufacturing costs only. The prices of the medicines are very low so that the less wealthy countries or people can afford them.

• He has been extensively covered by a huge repertoire of publications ranging from “Times Now and Brand Vision honoured amongst 100 Top Global Leaders by Asia One” in Dubai to “CEO Insights magazine as Top 10 CEOs in Healthcare”.
• However, the seven-year period also poses challenges, demanding proactive investment in capacity building, compliance with US regulatory standards, and strengthening supply chains.
• When products are temporarily removed from the US market, “that has given some larger manufacturers the ability to take up pricing and pick up some share,” said RBC Capital Markets analyst Randall Stanicky.
• By helping people save over ₹250 crore on their medications through our network of over 2500+ stores across India and website.
• Only after being certified by these laboratories, medicines are dispatched to C&F agents, Distributors and JAKs.

Another issue is with the counterfeit medicines sellers who operate at the retail level and procure the substandard medicines from dubious suppliers. Also, many fraud chemist shops sell the counterfeit drugs illegally using the name of a pharmaceutical company that remains completely unaware of the incident. While fighting this issue is beyond the scope of a pharma company, it is very important that it is stopped immediately since it ruins the reputation of that particular pharma company. The current market size of the medical devices sector in India is estimated to be US$ 11 billion and its share in the global medical device market is estimated to be 1.5%.