There is $50 Billions Worldwide API market – 17-20 % market is US
Some facts about Indian Pharma
•The Indian pharmaceutical industry is currently worth $6.5 billion and growing at 8-10% annually,
•It is the 4th largest pharmaceutical industry in the world, and is expected to be worth $12 billion by 2008.
•Its exports are over $2 billion.
•India is among the top five bulk drug makers and at home, the local industry has edged out the Multi-National companies whose share of 75% in the market is down to 35%.
•Trade of medicinal plants has crossed $900M already
Indian Pharmaceuticals-
Strength
Experience in Total Value Chain
Highly trained manpower
Cost competitiveness
Threats
FDA approval
Competitors with FDA approval
Saturday, October 11, 2008
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