Follow Us on Google News New Delhi, May 18 (IANS) India’s pharmaceutical industry, which has emerged as the largest supplier of affordable generic medicines, is poised to grow at 7.8 per cent year-on-year in April 2025 driven by strong demand and new products, according to experts at India Ratings. The country’s pharma sector is now … Read more
Follow Us on Google News New Delhi, April 27 (IANS) Minister of Commerce & Industry Piyush Goyal on Sunday strongly criticised attempts by global pharma giants to extend patents for medicines through minor incremental innovations which could deprive millions of access to affordable healthcare. Addressing the World Health Summit (WHS) Regional Meeting Asia 2025, held … Read more
Follow Us on Google News New Delhi, April 19 (IANS) In a significant achievement, the pharmaceutical exports from India crossed $30 billion in the last financial year (FY25), with the US remaining as a key market with more than one-third of the country’s pharma exports. According to official trade data, the pharmaceutical exports reached $30,467.32 … Read more
Follow Us on Google News New Delhi, April 4 (IANS) The Commerce Ministry is in active talks with Indian pharmaceutical exporters amid growing concerns over possible US tariffs on the sector, which was exempted in the first tranche of reciprocal tariffs by US President Donald Trump. The discussions between the government and pharma exporters began … Read more
Follow Us on Google News New Delhi, April 3 (IANS) Industry experts on Thursday welcomed the exemption of Indian pharmaceutical exports from Trump’s reciprocal tariffs while also stressing the need to strengthen domestic manufacturing. The experts cited the importance of the cost-effective and life-saving Indian generic medicines as the reason for the exemption. The White … Read more
Follow Us on Google News Mumbai, March 28 (IANS) Indian pharma companies may stand to gain market share due to the potential impact of US tariffs, according to a JPMorgan report. Essentially, Indian pharmaceutical companies have the potential to gain market share at the expense of their global competitors due to their superior cost competitiveness, … Read more