Scrip is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

India is Emerging as the Global Hub for CRAMs (India)

This article was originally published in PharmAsia News

Executive Summary

India's pharmaceutical industry is characterized by expansion in research-and-development activities, rising product penetration into regulated markets, and by a widening array of products, says Indoco Remedies Chairman Suresh G. Kare. Kare says India's low-cost, high-standard pharmaceutical services are making India a center for contract research and manufacturing services (CRAMs) worldwide. He sees India's pharmaceutical market generating a total of $30 billion annually by 2010. Indoco specializes in manufacturing and marketing finished pharmaceutical products and active ingredients for regulated markets. Kare says global pharmaceutical companies are facing increasing research-and-development cost combined with falling productivity, and this is driving business to India and China. In terms of high standards, Kare notes that "India has the highest number of manufacturing plants approved by the U.S. FDA, in fact second only to the U.S." He adds that "the introduction of product patent in India has brought about some fundamental changes in strategies of the pharmaceutical companies, with focus shifting more towards R&D." (Click here for more
Advertisement
Advertisement
UsernamePublicRestriction

Register

SC066267

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel