India should look beyond generic drugs, says NITI Aayog

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New Delhi: India is known as the pharmacy of the world, but it has to move beyond low-priced generic medicines and expand into high-value pharmaceutical products. The country has to do this if it wants to engage in a larger share of the pharmaceutical market globally, NITI Aayog Vice Chairman Ashok Lahiri said Tuesday while releasing the eighth edition of the Trade Watch Quarterly report (Q4 FY2025-26). ‘In low-value pharmaceutical products, we are doing very well. In terms of quantity, we are also doing very well, but we need to move up the value chain, and we need to produce…

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