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Pharmaceutical industry

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Transcript

  • 1. Pharmaceutical industry
  • 2. Introduction
    • Pharmaceutical industry develops , produces ,markets drugs licensed for medications.
    • They deal in generic/brand medications.
    • They are subject to variety of laws and regulations regarding the patenting , testing and marketing of drugs.
  • 3. history
    • First known drug store was opened by the Arabian pharmacist in Baghdad in 754
    • By 19 th century drug stores in Europe and America converted into pharmaceutical companies.
    • Key discoveries of 1920s-1930s were insulin and penicillin.
    • Legislation was enacted to test and approve drugs and to require appropriate labeling of prescription and non-prescription drugs became legally distinguish from one another as the pharmaceutical industry matured.
  • 4. Research and development
    • Drug discovery is the process by which drugs are discovered and designed.
    • In the past drugs were discovered by isolating the active ingredient from traditional remedies.
    • Modern biotechnology focuses on the metabolic pathways related to a disease state or a pathogen.
    • Drug development refers to the activities undertaken after a compound is identified as a potential drug in order to establish its suitability as a medication.
    • Objective is to provide adequate formulation and dosing for safety.
  • 5. Pharmaceutical company in india
    • In India it is an emerging sector as by providing a standard generic drugs according to the act 1970.
    • This sector is predicted to value about $3.1billion.
  • 6. Growth in India
    • It has witnessed about 4.0% (CAGR) over 2007.
    • India has also appeared as a preferred location for the pharmaceutical industry because of its towering growth scenario furnished by elderly population ,alteration in disease profile developing patent system and socio-economic circumstances.
    • The competition in the Indian market is cutthroat among the top 10 Pharma companies.
    • India began to abide by the world trade organization's trade related aspects of intellectual property rights after the revision of the Indian patent act in January 2005.
  • 7. Major issues
    • Severe competition: low margins and restricted capital to assist R&D is the result of intense pricing competition among the local producers.
    • Failure of new patient system : if any composition already exists in the market one can not bring that in market again.
    • Lack of proper infrastructure: issues associated with regular power cuts and lack of transportation facilities decrease the expansion of this sector.
  • 8. Top 10 pharmaceutical companies
    • Ranbaxy Laboratories
    • Dr. Reddy's Laboratories
    • Cipla
    • Sun Pharmaceuticals
    • Lupin Labs
    • Aurobindo Pharma
    • GlaxoSmithKlineg
    • Cadila Healthcare
    • Aventis Pharma
    • Ipca Laboratories
  • 9. Thank you