2. Sweeping economic and technological changes have
revolutionized international trade over the last
several decades, creating a truly global marketplace
for goods and services. Accounting for 20 to 25
percent of all U.S. consumer spending, products
regulated by the U.S. Food and Drug Administration
(FDA) are a substantial component of this global
economy. Food and medical products, and their
ingredients and components—products that
directly and profoundly affect the health and
welfare of the U.S. public—are increasingly sourced
from abroad.
3.
4.
5. Indian Pharmaceutical Industry had two options,
either to restrict themselves as a local player or
be USFDA compliant which is the most stringent
authority, not even allowing slightest deviation
in labeling, it ensured that once they pass those
approvals they become world class. That has
been the biggest reason of their success.
6. US FDA APPROVAL GIVES CREDIBILITY
FDA has a brand. Some may argue they have a
bad reputation. But when it comes to their
mission, they stand for protecting the public.
Safety and Efficacy is what they look for when
approving a product. If your product is approved
by FDA, it shows that it has undergone the
rigorous quality system process and FDA review.
