2. MEANING OF INDUSTRY:
A classification that refers to a group of companies that
are related in terms of their primary business activities.
Eg:conversion of sugar cane to sugar by processing in the
mills by the aid of machines on a large scale it termed
as sugar industry
A group of companies offering products or services that
are having close substitutes for each other and that
satisfy the same customer needs.
The transformation of raw material in to vashed variety
of finished goods on a very large scale is called as
industry
A group of closely related industries is called a sector.
3. PHARMACEUTICAL INDUSTRY OVERVIEW:
In 1640 BC Dhanvanthari wrote a treatise on
medicine, pharmaceutics and surgery.
During around 500 BC buddhist monks spread to
the rest of world.
Modern day allopathic medication more than 350
years old.
In 1930 penicillin, insulin were discovered.
4. In 1931 Acharya P.C ray started first India
pharmaceutical company.
In 1970S the emergence of Indian pharmaceutical
industry came into existence. This leads to the
expansion of bulk drug industry.
Present Indian market size $8 billions (400 billions)
It is largest contributor after the agricultural sector
to the Indian economy still growing @ 10 to 11%
5. INDIAN PHARMACEUTICAL INDUSTRY:
The pharmaceutical
industry in India is among
the most highly organised
sectors.
Due to the presence of low
cost manufacturing facilities
educated and skilled man
power and cheap labour
force, the industry is set to
scale new heights in the
fields of production,
development,
manufacturing, research.
6. EXPORTS AND IMPORTS
Around 15% of Indian
pharmeuctical
scientists are in US
2008 -09 14.4
2009-10 36.5
2010-11 5.81
2011-12 45.6
7. WHAT CRITERIA MUST A NEW DRUG MEET:
Drugs must address a
new need or provide a
significant “added
benefit” over a existing
medicine.
It must also meet five
criteria.
Safe
Effective
High quality
Affordable
cost effective
8. CLASSIFICATION OF DRUG TYPES:
Ethical drugs
Generic drugs(no longer under patent)
Prescription only vs over the counter
Off label applications
Orphan drugs
Bio technology products
Counterfeit drugs
Street drugs
12. DEMAND AND SUPPLY
Before 1970’s it is low in 2010 it is increased
gradually
It is placed in the 4th position by India and 1st
position by Japan
The revenue is 25 US billion dollers and in 2015 it’s
30 billions
Cipia has a largest share in Indian Pharma market
Revenue by sun pharma highest growth 20%
In production factor India in 3rd position
Government expenditure in 2014 37% and in 2015
it may be 44%