China & Vietnam Eating Market Share, Indian Pharma Must Up the Ante in Latest Drugs: Pharmexcil Chief


Source: news18.com news18.com

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It is time for India to capture the market of complex generics and biosimilar products after proving its capability in manufacturing Covid-19 vaccines, said a top pharma official in the Narendra Modi-led government. “With the innovation of indigenous Covid-19 vaccines, India has proven its R&D capabilities to the world and to sustain the leadership position, Indian pharmaceutical companies need to spend more time in the development of high-technology, scientific products,” Udaya Bhaskar, director-general, Pharmaceuticals Export Promotion Council of India (Pharmexcil), told News18. Pharmexcil is an arm that functions under the ministry of commerce and industry, set up under the provisions...