Pharmaceutical industries in India (2)

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    Introductiony Pharmacy = Health Science + Chemical Science .

    y India is in top 15 drug manufacturing countries.

    y India meets 8.5% of Worlds Drug

    Requirement.

    Tools of Indian Pharma Industry.

    Vibrant High-tech based

    Growth Oriented

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    HISTORYy The architect of the Indian pharmaceutical

    industry would be Acharya P.C.Ray.

    y In the year 1901 Acharya P.C.Ray foundedBengal Chemicals and PharmaceuticalsWorks Ltd

    y But in the past bulk of the drugs wereimported and very negligible quantity wasmanufactured in India.

    y However a few years later there was atremendous increase in the growth of thisindustry.

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    Growth of the pharma industry

    Pre-globalization Post-globalization

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    Patent Impact

    Small Players(-ve)

    Fear of lesscapital

    Polarisation ofmarket

    Big Firms(+ve)

    LargeInvestment

    Joint Venturesand research

    Government(+ve)

    Export Earning

    More

    employment

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    Swot Analysis -

    Strengths Weaknesses

    opportunities threats

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    Strengths -

    Cost effectiveness

    Highly skilled scientists

    Strong Manufacturing Base

    Excellent marketing anddistribution network

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    Weakness -Less investment in research and

    development

    Lack of resource

    Negligible expenditure onhealthcare in the country

    Manufacture of fake and low

    quality medicines

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    Opportunities -Increased export

    potential

    Increased in healthconsciousness

    Key player in globalpharmaceutical R&D.

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    Threats -Threats from substitutes viz:ayurveda and homeopathy.

    Competition from MNCs.

    Product patent regime.

    Order puts ceilings on productprices.

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    Breaking NEWS !!!!!!!!!!!!!!!!!!!

    y

    Retails sales in the Indian pharmaceutical market grew by 18% in themonth of March 2009, despite fears of stalling industrial growthfollowing the slowdown across economies.

    y The value growth of Indian pharma market as per secondary salesfor the month of Mar 2009 was higher at 18.4%, as compared to13.3% growth in the month of Feb 2009, according the latest datafrom ORG IMS, a business intelligence firm.

    y The value growth as per Mar 2009 MAT once again touched thedouble-digit mark of 10.1%, with marginally higher growth, ascompared to 9.8% as per Feb 2009 MAT

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    FUTURE TRENDS.y Future trends of Indian pharmaceutical industry seems

    to be in positive toney By 2015, India will probably open a US$ 8 billion market

    for multinational pharmaceutical companies sellingexpensive drugs as predicted by the FICCI-Ernst &Young India study

    y A whopping amount of US$ 6.31 billion will be invested

    in the Indian pharmaceutical industry as per theestimates of the Ministry of Commerce, Government ofIndia

    y Patented drugs are predicted to capture up to a 10%share of the total Indian pharmaceutical industry by 2015with a market size of US$2 billion

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    ConclusionImpacts on environment and people-

    Pharmaindustry

    People

    Positivenegative

    environment

    Negative but canbe positive if due

    care is taken

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    Continuedy Fastest growing and the estimated future leading

    manufacturer of the world

    yStandard of living,awareness about healthconciousness and increase in income can beconsidered the greatest factors in the growth .

    y Government acivities have also given a boost to

    these industries