Which is the WHO-GMP Certified Indian pharma Companies For Iraq
Pharmaceutical Company

Which is the WHO-GMP Certified Indian Pharma Companies For Iraq?

When looking for an India based pharma exporter for Iraq, it is essential to be vigilant while investing money in the WHO GMP Certified Pharma Companies in India. Since it’s not just the question of financial investment, it is more related to the health and life of others; one should do all the background checking.

When a pharma company gets WHO GMP certification, it simply means they directly become responsible for human lives. It involves the process of manufacturing drugs.

A certified pharmaceutical company accepts guidelines to adhere to for the health of individuals who will consume those pharmaceutical products. The ingredients and raw material and the processes and manufacturing conditions also need to fulfill the norms laid down by the certification agency.

Are you looking for a reputed WHO-GMP-certified pharmaceutical company for Iraq? Then consider JoinHub Pharma.

JoinHub Pharma – Leading WHO-GMP certified pharma manufacturing facilities Manufacturers, Suppliers in India

JoinHub Pharma, one of the leading WHO-GMP certified pharma manufacturing facilities Manufacturers in India, brings the best quality products. The company has rich experience in the niche manufacturing of WHO-GMP certified pharma manufacturing facilities.

JoinHub Pharma is a reputed manufacturer, and WHO-GMP certified pharma manufacturing facilities suppliers in India prefer JoinHub Pharma due to the reliability and purity of products.

JoinHub Pharma has the well-known WHO-GMP certified pharma manufacturing facility in India and gives the assurance of high quality and purity. Our stringent quality control ensures that every batch of the drug brings a defined standard.

Being a WHO-GMP certified pharma manufacturing  Exporters, we can cater to business queries from the following geographies:

Iraq, Turkey, Cyprus, Guatemala, Cayman Island, Jamaica, Mozambique, Ecuador, Colombia, Malawi, Gambia, Venezuela, Somalia, Guyana, Libya, Seychelles, South African Countries, and Latin America

“About 86% of our valuable revenue comes from our International partners.” – said the Founder of JoinHub Pharma.

Our Manufacturing Unit

  • Built-up area of approx. 50,000 sq. ft with respective areas for manufacturing, stores, and non-process blocks.
  • Engineering, Utilities to the accelerated production facility
  • Built and designed as per vertical flow concept of man–material movement
  • Highly skilled and experienced technical staff
  • Immaculate environmental monitoring, calibration, and validation program
  • cGMP compliant with latest manufacturing equipment
  • Well-equipped cameras with an automated access control system
  • Trustworthy, modular laboratories with the latest refined instruments as per GLP norms
  • Separate entry and exit for material, man, and service personnel for both process blocks
  • In-house water & sewerage treatment plant.

 Our International Presence

Iran/ Iraq/Nigeria/ Botswana / Libya/ Liberia / Cambodia/ Myanmar / UAE / Philippines/ Venezuela / Chile / Costa Rica /Ivory Coast meeting all the requirements

When it comes to pharma product manufacturing, JoinHub Pharma always leads. Our continuous efforts to become one of the leading WHO-GMP certified pharma manufacturing facilities and manufacturers have brought world-class standards – from research laboratories to maintenance.

A wide range of life-saving Drugs is available at JoinHub Pharma. We use cutting-edge and modern equipment with the latest technology to manufacture excellent quality WHO-GMP certified pharma manufacturing facilities. Our standard drug manufacturing satisfies most of our customers.

Contract Manufacturing

JoinHub Pharma is an ISO 9001:2015, WHO: GMP Certified Pharmaceuticals Company in Gujarat offering more than 1000+ high-quality Medical Products. JoinHub Pharma has its WHO-GMP certified manufacturing unit with sections like:

  • Tablets
  • Capsules
  • Injectable
  • Soft Gelatin Capsules
  • Creams
  • Oral Liquid (Syrup & Suspension)
  • External Liquids
  • Dry injections
  • Eye Drops
  • Ear Drops
  • Oral Sachets
  • Oral Dry Syrup

JoinHub Pharma – the best pharma Contract Manufacturer for Iraq, has 1300+ approved product portfolios, out of which many are the latest and innovative molecules launched in the industry. JoinHub Pharma caters to all segments like Cough & Cold, Antibiotics, Anti Allergic, Anti Fungal, Anti Malarials, Painkillers/ NSAIDs/ Antipyretic, Effective Dysfunction, Cardiac Care, Diabetic Care, Anti Convulsants, Derma Care, Critical Care, Proton Pump Inhibitors, Corticosteroids many more. We additionally have Third-Party Manufacturing & Contract Manufacturing services available.

Our Quality Policy

Manufacturing and supplying high-quality, affordable quality drugs to consistently meet the needs of esteemed clients and mankind in general.

We ensure strict compliance with cGMP guidelines prevailing national and international standards in accordance with the pharmaceutical industry.

It is an integral part of our quality strategy to treat health, safety, and environmental protection.

Improving customer satisfaction through continuous improvement in Quality Management System in conformity with ISO 9001: 2015

100% Transparent Process

In order to give you 100% confidence over the product quality, we provide you with:
  • Raw Material Procurement Certificate
  • COA (Certificate of Analysis)
  • Batch Inspection Report
  • In-depth Test Report across 15+ different parameters

With sufficient proof in your hand for partnering with JoinHub Pharma, it becomes easy to convince others about the quality of your products.

Our Strengths

JoinHub Pharma and its Manufacturing partners follow business ethics, a zero-tolerance quality policy, and a highly qualified team are our strengths. We aim to maintain a long-lasting association with our clients by meeting their requirements effectively and efficiently. Numerous factors contributing to our victory are:

  • Experienced & Skilled Team
  • stringent quality checks
  • Proper infrastructure and machinery
  • Prompt delivery
  • Competitive Prices
  • Wide clientele

Want to get your pharma products Manufactured by JoinHub Pharma?

JoinHub Pharma is a one-stop solution for pharma Export/ 3rd party manufacturing for all Pharmaceutical Formulations.

JoinHub Pharma is looking forward to your co-operation towards developing concrete business and Hoping for a strong and good business relationship in the future.

Want to know more? Please do visit our website www.joinhubpharma.com

Which is the Best Indian Generic Pharma Company for Iraq
Pharmaceutical Company

Which is the Best Indian Generic Pharma Company for Iraq?

The Indian generic pharma companies have become an intimidating segment of Iraq’s pharmaceutical drug market.

An extensive report by Global Data states that Indian generic medicine manufacturers are doing particularly well in the generics marketplace, and many pharma companies are moving their manufacturing facilities overseas to cut costs.

Further, the Covid-19 pandemic had an unprecedented impact on the world. Communities across the planet came together and looked to the Indian pharmaceutical industry to create robust solutions. Even with significant disruption and reprioritization of clinical trial activity, R&D activity levels remained historically high for the pharma industry in 2020, driven by new funding and strategic business transactions.

Generic drug manufacturing is one of the booming segments. In this blog post, we will talk about everything you need to know about generic medicines and which is the leading Indian generic pharma company for Iraq.

What are Generic Medicines?

Generic medicines are identical to branded drugs with the same dosage, effects, side effects, intended use, route of administration, safety, risks, and strength. Generic medicines are cost-effective because the pharma manufacturers have not had the expenses of developing and marketing a new drug.

Are generic medicines safe to use?

Yes, generic medicines are as safe as a brand- named medicines. Generic medicines are cheaper than branded medicine because they, as pharma companies, do not have to invest heavily in the research and development of generic medicines if they have a patent for brand-name medicines. FDA requires that generic medicine works as fast and effectively as brand-name medicines.

Are all brand drugs available in generic dosage form?

No, not many Pharmaceutical Formulation Companies in India manufacture a generic form. Some drugs are prepared for the purpose of extreme patient safety, and hence a generic version of that specific pharmaceutical medicine cannot be manufactured or exported.

Why are the names of the generic medicines differ from the brand name?

Usually, a pharmaceutical drug has a chemical name, a generic name, and a brand name. When medicine is discovered, it is given a chemical name. The generic names are more complex and tough to remember than the brand name.

JoinHub Pharma – Manufacturer, Supplier, Exporter of Generic Medicine for Iraq

Are you wondering which is the best Indian generic pharma company for Iraq? Then, you’ve got your answer by choosing JoinHub Pharma.

JoinHub Pharma is proud to be a leading manufacturer, supplier, and exporter of generic medicines for Iraq which meet the most important needs in the health systems of Iraq.

Our Generics business has contributed the domestic pharmaceutical revenues with partners covering Iraq, Libya, Venezuela, Honduras, South Africa, Latin America, and other CIS countries. We operate within a highly competitive environment in a highly fragmented market with pharmaceutical players.

Despite competitive pressures and ongoing regulatory challenges, we delivered strong growth in the year under review and continued our leadership position in the pharmaceutical market.

JoinHub Pharma’s Generics medicine manufacturing and exporting business continues to operate in a challenging regulatory environment with uncertain policies governing trade margins, branded generics, DPCO, and product approvals.

Being a leading generic medicine exporter for Iraq, JoinHub Pharma has the largest supply chain of any pharmaceutical company. Our network of skilled and professional employees and WHO-GMP-approved pharma manufacturing facility work around the clock to ensure our generic medicines reach patients and healthcare systems in Iraq.

In addition, many prescription medications made by other companies include active pharmaceutical ingredients produced and exported by JoinHub Pharma.

We are committed to manufacturing high-quality, affordable generic medicines for more people across the world. Our scientists are now developing hundreds and thousands of generic medicines that aim to improve accessibility to treatments and medicines that can improve patients’ health and save billions of healthcare providers. JoinHub Pharma continues to strive for a healthier world.

JoinHub Pharma’s Generic Medicines: Life Saving Solutions that are cost-saving

Innovation and an entrepreneurial culture help us to develop path-breaking therapies. Moreover, it is our commitment to transform human lives further, to put medicines that are safe, effective, and affordable within reach of the patients. JoinHub Pharma’s Generic medicines offer an equally safe and effective option as their branded counterparts and substantial savings.

We manufacture and export high-quality generic and branded medicines at affordable costs to patients and doctors in more than 25 countries, including Iraq.

Our pharma products have the hallmark of technology-based differentiation and cover the full range of dosage forms, including tablets, capsules, injectables, inhalers, ointments, creams, and liquids. Our portfolio of over 1300+ molecules covers the therapeutic segments, including anti-infectives, neurology, cardiology, psychiatry, orthopedic, diabetology, ophthalmology, nephrology, gastroenterology, urology, dermatology, gynecology, respiratory, oncology, dental, and nutritionals. JoinHub Pharma ranks among the leading generic medicine exporter in these therapy areas in several countries.

Generic Medicines Being Manufactured, Supplier and Exported By JoinHub Pharma

We are the proud owner of more than 1000+ pharma products. We cover a broad range of healthcare issues like pediatric, dental, derma, eye vision, etc. As a top generic medicine exporter and being ranked into Top 10 Generic Pharma Companies in India, we have adopted the latest packaging technology while exporting and supplying generic medicines in Iraq. The broad list of dosage forms being manufactured are as follows:

  • Tablets
  • Drops
  • Ointment
  • Capsules
  • Sachets
  • Lotions
  • Powders
  • Syrups

As a leading generic pharma company for Iraq, we guarantee the purity and durability of the medicines, and the R&D department responsibly takes the development of a generic drug. We assure you best outcomes.

Our Strengths

JoinHub Pharma’s R&D strengths are developing intellectual property in non-infringing processes and resolving complex chemistry challenges. JoinHub Pharma is in the process of developing new drug delivery systems, new dosage formulations, and applying new technology for better processes.

Excellent Infrastructure

Our pharma manufacturing unit is well equipped to handle various developmental challenges in the areas of oral and parenteral medications. Specifically, the available infrastructure includes:

  • Dedicated labs and room to handle potent substances.
  • Manufacturing process development and modern Labs are attached to the manufacturing division.
  • Modern laboratory with specialized capabilities like nano-technology, hot-melt extrusion, etc.
  • Supporting dedicated packaging development labs with multi-feeder BQS machinery capable of various packs, including multi-product-in-a-blister.
  • A bio-equivalence laboratory approved by various regulatory bodies like USFDA, DCGI, and WHO.

Excellent Talent Pool

A team of experienced scientists is dedicated to developing generic formulations, many of which are first-to-file.

Our experienced scientific team is backed by two separate project management teams dedicated to parenteral portfolios and oral solids. A group of more than 100+ supports all regulatory filings across various geographies.

Unmatched Quality Compliance

At JoinHub Pharma, excellence is our hallmark. A value of Quality and Compliance enables us to achieve this across all functions of Research & Development consistently, Manufacturing, Testing, Release, and Distribution of our differentiated products. We follow Good Manufacturing Practice (GMP), Good Storage Practice (GSP), and Good Distribution Practice (GDP)) throughout our operations to assure high standards of quality.

Synergetic Partnership with Innovators

At JoinHub Pharma, we firmly believe that everyone has the right to affordable, accessible healthcare. We are passionate about producing affordable treatments that can transform the lives of people across the globe. This drives us to go beyond the universe and collaborate with a partner with cutting-edge technologies that can deliver top quality and reliability for our products.

Partnerships give us the advantages of optimizing manufacturing and commercialization costs and accelerating scalability.

JoinHub Pharma is a top generic pharma exporter for Iraq offering affordable third-party pharma manufacturing business deals. All our pharma products are highly qualitative in all terms. With our specialization divisions, we guarantee you the best pharma formulation.

Reach out to us to get FREE samples and quotations of your upcoming products with the best generic medicine exporter in India and the best Pharmaceuticals Manufacturer in India for more affordable and high-quality generic medicines.

Why JoinHub Pharma is the Best WHO GMP-Certified Company in India?
Pharmaceutical Company

Why JoinHub Pharma is the Best WHO GMP-Certified Company in India?

Indian Pharma market is estimated at $36.7 billion in size and growing at a speed of 15% annually and is expected to reach $55 billion by 2022. As the industry is growing, regulations are also changing to meet quality standards as per international norms.

The drug department also enforces Indian Pharmaceutical Manufacturers to complete infrastructure and facilities as per cGMP and WHO-GMP standards. But in the vast Indian Pharma Manufacturing market, only limited pharma manufacturing units as known as WHO GMP Certified Manufacturers.

JoinHub Pharma

JoinHub Pharma ranks on top in the List of WHO GMP-certified companies in India. Being one of the leading WHO-GMP Certified Pharma Company, the company carries a couple of years of experience in the niche manufacturing of pharma products and brings the best quality products.

JoinHub Pharma is a reputed WHO-GMP Certified pharmaceutical supplier, exporter in India known for reliability and purity of products. The strict quality control regulations ensure that every batch of pharma products brings a uniform standard. As a top WHO-GMP Approved Companies in India, we can cater to business queries from across the world.

The organization’s continuous efforts to become one of the best WHO-GMP certified companies in India have made the team bring world-class standards from R&D laboratories to maintenance and services.

A diverse range of life-saving Drugs and customizable packaging are available at JoinHub Pharma. We use standard equipment with the latest technology and cutting-edge ultra-modern manufacturing facilities to manufacture high-quality pharma products. Our standard drugs always satisfy our customers.

WHO-GMP Certified Third Party Pharma Manufacturer

Being a WHO: GMP certified pharmaceutical manufacturing company in India, we are a fully integrated organization performing incredible research and initiatives every year to grow franchise business owners in our country. The entire range of products being manufactured at our end is highly qualitative and affordable so that every citizen of the country can benefit from this.

The conventional pharma products we manufacture are inspired by our world-class manufacturing units, serving outstanding Branded Pharma Franchise in PCD Pharma. The manufacturing of every drug takes place by focusing on guidelines of ISO, WHO, and GMP. We do not compromise with any of GMP standards, and every division which is partnered with us believes in generating the best pharmaceutical product. Our site provides many multi-specialty Pharma products.

Contract Manufacturing

JoinHub Pharma is an ISO 9001:2015, WHO: GMP and EU Certified Pharmaceuticals Company in Gujarat offering more than 1000+ high-quality Medical Products. They have WHO-GMP Approved Pharmaceutical Plants with sections like:

  • Tablets
  • Capsules
  • Injectable
  • Soft Gelatin Capsules
  • Creams
  • Oral Liquid (Syrup & Suspension)
  • External Liquids
  • Dry injections
  • Eye Drops
  • Ear Drops
  • Oral Sachets
  • Oral Dry Syrup

Manufacturing Unit

  • The plant’s built-up area is approximately —10,000 sq. ft with individual areas for production, stores, & non-process blocks.
  • Designed and built according to the vertical and horizontal flow concept of man–material movement.
  • Highly skilled, qualified, and well-experienced technical staff.
  • Excellent environmental monitoring, calibration, and validation program are planned daily.
  • Latest manufacturing equipment approved by cGMP
  • Modular & dedicated laboratories with the latest instruments as per GLP norms.
  • Fully-equipped cameras and automated access control system.
  • Separate entry and exit for the team, material, and service personnel for both process blocks.
  • In-house sewerage & water treatment plant.

100% Transparent Process

We give our customers full confidence in the quality of the product since we provide many resources such as:

  • COA (Certificate of Analysis) document
  • Raw Material Procurement Certificate document
  • Batch Inspection Report document
  • Detailed Test Report across 20+ different parameters

We provide premium quality pharma products to our customers that show our commitment towards them.

Quality Assurance

We aim to become a leading pharmaceutical player in the global market. To succeed in this endeavor, we have nurtured a team of dedicated Quality Analysts who conduct periodical tests on each production stage, from procurement of raw materials to formulating the final product and supply. JoinHub Pharma ensures that all our WHO-GMP nutraceuticals manufacturing plants are hygienically maintained. The development, manufacturing, and packaging of our pharma product are done in a hygienic environment. The quality parameters we follow:

  • Composition
  • Safety
  • Hygiene
  • Shelf Life

JoinHub Pharma is a one-stop solution for Exports/Domestic third party for all formulations with customizable packaging services.

JoinHub Pharma is looking forward to working with you and developing concrete business for the long term and hoping for a sound and robust business partnership in the future.

If you’re searching for a pharma company with WHO-GMP Approved Pharmaceutical Plants Facility, JoinHub Pharma is your destination. To know more about our pharma drug manufacturing, please reach out to our experts by dropping a line at [email protected].

Pharmaceutical Manufacturing
Pharmaceutical Company

How Technology Innovations Are Driving Pharmaceutical Manufacturing?

Manufacturing has been revolutionized by technology. However, pharmaceutical manufacturers are only just beginning to see the potential of innovative product creation. The potential advantages of technology in healthcare are enormous, and breakthrough methodologies are paving the way for a more cost-effective, efficient, and customised approach to drug development. Artificial Intelligence, Machine Learning, AR-VR, Digital Apps, The Internet of Things, Blockchain, 3D printers, and Organ-on-Chips are some of the innovations that are beginning to transform the pharmaceutical industry in the same way they have transformed other industries such as media, retail, banking, telco, and education.

In this article, we will try to shine a light on the areas of the pharmaceutical sector where digital technology will provide the most value, and we will try to steer firms in the right direction as we strive to develop a digital strategy.

We will start with some emerging technologies that are already reshaping the pharmaceutical sector and will continue to do so.

Artificial intelligence and machine learning
Artificial intelligence and machine learning are unquestionably the pharmaceutical industry’s next big thing. Data entry, lab test analyses, data management, analysis of healthcare systems to identify errors or inefficiencies, medical consultations via AI-based apps, medication management that is monitored by an AI-based system, and other repetitive tasks are already being done with AI in the healthcare industry.
Illness identification and diagnosis, radiography and radiation planning, clinical trial research, customized medicine, rare disease identification, and novel medication discovery are all examples of where machine learning is being employed.
Most, if not all, pharmaceutical R&D activities are anticipated to use AI and ML. As a result, the success rate of medication development should theoretically improve, and R&D activities should be streamlined. Furthermore, AI might theoretically aid in precisely identifying the subset of patients who would benefit from a specific medicine. This might significantly lower the failure rate and assure a successful and profitable outcome.
Nonetheless, a shift in present R&D processes is required to get to this position. Rather than attempting to comprehend how AI machines arrive at a solution, the focus should be on confirming the outcomes.

Digitization of Medicine through Healthcare Mobile Apps
Pharma businesses all across the world have recently realized that simply generating and researching pharmaceuticals is no longer enough. They must now go beyond the outward look of medications and provide a full bundle, according to recent trends. Digital health mobile applications, gadgets, or services that might be prescribed by a doctor or packed with a prescription are already known as “around the pill” digital offers.
Some packages include a wearable monitoring gadget and an app, which allows patients to receive positive feedback from their doctors as well as from the app’s automatic, individualized comments. Chronic disease fitness applications, finding free health clinics and hospitals, purchasing prescriptions via e-commerce apps, cross-checking medication interactions, and social network linking patients applications are all popular in app stores.

Furthermore, mobile apps that connect patients with health insurance providers can cut down on the time it takes to authenticate documents and do other verification tasks. In this method, insurance firms obtain prescriptions and other medical documentation from their clients via a mobile app, allowing them to determine whether or not that particular expense is covered by insurance.

AR and VR
As corporations struggle to engage doctors and research schedules spin into a whirlpool of more and more experiments, AR-VR has a lot to offer the pharmaceutical business. AR and VR are promising technologies that can cater to a wide range of pharmaceutical sector demands due to their capacity to build an engaging virtual environment with minute details.
AR-VR can also aid in the pharmaceutical industry’s production area. Remote maintenance and guidance, difficult machine handling training, and so forth are examples. DAQRI, a California-based augmented reality startup, has developed a safety-compliant smart helmet for industrial application. This device exemplifies how successfully augmented reality can be utilized in production, particularly in complicated contexts such as pharmaceutical manufacture.

IoT Integration
The Internet of Things has enormous potential to assist the pharmaceutical business. By recognizing difficulties and making changes before they pose a problem, a network of linked devices with monitoring sensors may decrease the risk of mechanical failures and ensure precise output.
The pharmaceutical industry’s production sector, such as material tracking and management in the manufacturing process of medications, can benefit from IoT integration. Furthermore, IoT-enabled data-gathering devices may be found at shipping and receiving stations, collecting data from RFID tags and barcodes and comparing it to data from other sites, such as manufacturing facilities and warehouses, to ensure consistency.

3D printing innovations
While medicine has long known about the wonders of 3D printing, pharmaceutical production has been slow to catch up. In the medical field, 3D-printed teeth and prostheses are already widely utilized to help patients. However, there are few FDA-approved 3D-printed medicinal goods on the market in the United States.
While having a 3D printer at your local pharmacy may seem futuristic, the notion of additive pharmaceutical production is propelling the industry toward a future where each patient’s disease may be treated uniquely.

Accelerated automation
When it comes to innovation, the pharmaceutical sector turns outside of itself for ideas. Automation has, of course, played a significant role in the industry for almost a century. Automation is utilized in the automotive industry, for example, to cut costs and handle more complex operations. Pharma companies are now attempting to do the same.

Previously, scientists were stymied by the time-consuming effort of performing individual genomic tests. Manufacturers, on the other hand, may now access a massive quantity of data, allowing them to construct unique molecular profiles of their clients and give them individualized treatment.

Conclusion
The drug research business is always growing and developing to generate new treatments for a range of indications, and technologies like artificial intelligence and automation are a big part of that.

Third Party Pharma Manufacturing Company
Pharmaceutical Company

7 Things To Consider When Looking for Third Party Pharma Manufacturing Company

A third-party manufacturing business might provide several advantages. One of the most important is cost. This is particularly true for businesses in developing nations. Because labour and manufacturing costs are minimal, third-party manufacturers or contract manufacturers may provide lower-cost services while maintaining high quality. As a result, they may assist brands in increasing profit margins.

Two factors are often encountered in manufacturing operations. One is the need to reduce production costs, while the other is to ensure that their potential clients receive the best products possible. As a result, many manufacturing units are evaluating the possibility of joining a third-party firm.

More about third-party services

A third-party company might provide both advantages and disadvantages. They make the goods by lowering the price. This does not imply that quality must be sacrificed. Third-party providers should claim to provide lower-cost goods without sacrificing quality. Only then will the company be able to function smoothly and grow.

Contract related to third-party business

Other manufacturers will produce the product or items. As a result, if there is a flaw in the product’s manufacture, they must bear responsibility for it. The design of the product belongs to the owner. The production business, on the other hand, is responsible for the full manufacturing and true engineering of the commodity.

Benefits of third-party services

If a firm is still in the early stages of growth, a third-party business can help it expand and thrive. When a firm is in its infancy, it is a difficult task. It is critical to enlist the help and cooperation of other businesses in order to accelerate the process.

The third-party manufacturing business will significantly reduce production costs. Products will be available at significantly reduced pricing.

Raw supplies will be arranged, shipment will be arranged, a factory will be hired, and warehousing will be found. The corporation just sends the goods to other production units to be finished, relieving them of a significant amount of responsibility.

A third-party business will provide you access to a whole new audience. Doing business with a variety of firms will assist to spread the word, allowing a large number of people to learn about the product and the company.

A significant number of consumers may be produced, which will help the firm grow.

It’s a terrific choice for businesses who are dealing with a high volume of orders and are having trouble completing them on time. The orders will be completed on time and efficiently by the third-party manufacturing business. It will take away all of the tension associated with completing orders.

Any brand that needs assistance with product manufacture should exercise caution when picking a PCD third-party manufacturing firm since this will have an influence on their image, sales, and customer happiness. The following aspects should be considered while looking for a PCD third-party manufacturer.

Experience

PCD third-party manufacturing is a rapidly expanding industry. As a result, a large number of businesses are entering the market and gaining a foothold. While there are newer manufacturers that promise affordability and quality, it is still safer to go with tried and true brands. It’s much more prudent to select a PCD manufacturer with decades of experience and has gained immense reputation in the industry of third-party pharma manufacturing.

Product portfolio

You may also get a sense of the manufacturer’s experience by looking at their product portfolio, which will tell you about the brands they deal with and the kind of pharmaceutical items they produce. If they work with well-known businesses, you may be confident in their abilities.

Product Delivery

After the items are made, you will get a quotation from the manufacturer detailing the product’s specifications as well as the balance due. Following the submission of documentation and account clearance, your produced items will be dispatched by your designated carrier.

WHO-GMP Certified

Only use a PCD third-party manufacturing business that has received World Health Organization certification. The abbreviation GMP stands for Good Manufacturing Practices. GMP certification indicates that a firm has the necessary infrastructure and equipment to create safe and effective pharmaceutical goods that fulfill quality requirements.
Timely delivery

It’s just another reason why hiring a seasoned and WHO-GMP-certified manufacturing firm is critical. They can ensure rapid and timely delivery of your orders since they have the knowledge and the greatest manufacturing equipment, and they understand how production delays may affect your business. The leading PCD third-party manufacturers guarantee turnaround times of under 30 days.

pharma companies in Thailand
Pharmaceutical Company

Current Trend in Thailand’s Pharmaceutical Sector

Illness is ever ending. It will exist till human and animal life will remain on earth. Again, it has a tendency to increase. Thailand is no exception than other countries. It is experiencing the growing rate of both communicable and non-communicable diseases.

Diarrhea is one of the most contagious diseases which is followed by dengue and pneumonia. Again, there is a rise of high blood pressure, chronic obstructive pulmonary disease, diabetes, and cardiovascular disease.

The pharma companies in Thailand are experiencing the growth of elderly people. They are vulnerable to stroke, heart ailments, cancer, diabetes, etc. As per the Office of the National Economic and Social Development Board, people over 60 years will be around 13.5 million in 2023. Hence, it is obvious that the expenditure of their healthcare will increase simultaneously. The demand of domestic drug consumption rises manifold.

Let’s know what the top pharmaceutical companies in Thailand are:

Pfizer:It’s revenues in USD is around 288. The market share is 5.2%. Again, it’s growth since the year 2017 is around 5%.

GSK: The revenue in 2018 was 261. The market share is 4.8%. It’s growth since 2017 is 1%.

MSD: The revenue is USD 246. The market share is around 4.5%. Since 2017, it’s growth is 2%.

Novartis: Their revenues in USD is 222. The market share is approximately 4.1%. Their growth since 2017 is 1%.

Roche: The revenue is USD 201 with a market share of 3.7%.

Siam Bioscience: The revenue is USD 169 with a market share of 3.1%.

Sanofi Aventis: Their revenue is USD 164 with a market share of 3.0%.

Berlin Pharm: The revenue is USD 149 along with a market share of 2.7%.

Takeda: The revenueis USD 140 along with a market shareof 2.6%.

Sandoz: Their revenue is USD 125 with a market share of 2.3%.

Thai people are getting access to ameliorated treatment:

People of Thailand have ingress to ameliorated treatment channels under the system of universal health coverage. Majority of the rights to treatment come through various health insurance card like Gold Card.

The medical expenses of generic medicine supplier will undoubtedly increase. The expenses of private companies were increasing from 5.1% in 2019.

Again, foreign patients are returning in Thailand. Hence, the nation has got advantages in the areas of cost, service quality, and standards of treatment. Thailand pharmaceutical manufacturers are combining with Thai hospitals and specialized medical centers.

They are producing low costs pharmaceutical products but providing superior quality. In comparison to competing countries like Malaysia and Singapore, Thailand receives more foreign patients including medial and general tourists. It embraces about 80% of all kinds of international patients. These patients arrive from Europe, East Asia and Middle East respectively.

After COVID 19:

The need for medical attention is increasing for Thai people after COVID 19. The outbreak of new diseases and Corona concern have raised the urge to buy medication for treating illness. Again, people have become conscious of immunity boosters and are trying to stock vitamins, minerals and generic medicines to fulfil daily needs.

Pharma companies in Thailand are producing drugs locally along with importing of various medicines from outside. The investment support policies of the government are helping manufacturers as they are now free from corporate income tax for at least 5 years. It is under the measures of BOI investment promotion.

The new pharmaceutical industry of Thailand is the new S-curve industry involving the government investment plans in the particular area. The government is currently supporting Eastern Economic Corridor (EEC), a high-tech industrial group in terms of research, budget, and tax incentives.

Thailand has lowered consumption of imported drugs:

The Thai government is encouraging Thailand pharmaceutical manufacturers to produce original, superior value and out of patent drugs and bio-pharmaceuticals, especially those are in demand. Anti-cancer drugs have a good future. Capital groups are planning to advance necessary raw materials’ production for manufacturing medicines. The Pharmaceutical Organization and PTT Group have raised a medicine production factory. Cancer drugs are mainly produced here covering Chemotherapy, Monoclonal Antibodies and Targeted Therapy.

It is expected that SCG Group is going to invest in Biologics production. Bangkok Hospital Group is going to manufacture raw material substrate.

Local people are getting jobs in the pharmaceutical industry:

Medical engineers and doctors who have abundant knowledge in researching about vaccines and herbal preparations are accepted as bio-pharmaceuticals and medical precursors in this industry. The progress in Bioinformatics, Bio-pharma and Biomedical is helping in developing medical research as well as increased medication.

Conclusion:

There is no doubt that the generic medicine suppliers and the top pharmaceutical companies in Thailand are continuing their endeavour of producing high quality medicines locally. The market in Thailand is gradually gaining volume and investors are growingly increasing their expenditure in drug production and distribution.

Pharmaceutical Companies in Qatar Fulfilling Growing Medicine Demands
Pharmaceutical Company

Pharmaceutical Companies in Qatar Fulfilling Growing Medicine Demands

A drug or pharmaceutical company refers to a commercial business that is licensed for researching, developing, testing, marketing and distributing medicines to the healthcare sector. These companies deal with both generic and brand medications.  They have to follow a particular set of rules and regulations in relation to testing, patenting, marketing, etc.

The generic medicine supplier has become one of the most influential and profit-making hubs since the beginning of the 19th century. Amidst an array of controversy and praises, the pharma industry has become a necessity for the entire world.

Qatar is shining bright in pharma sphere:

There is a process known as drug discovery that deals with the discovery and designing of drugs. In earlier days, the majority of drugs were used to get discovered by the identification of active ingredients through the source of traditional remedies. Also, there was a serendipitous discovery.

In Middle East, USA, UK, India, etc., a newer approach is being taken to understand the way molecular and physiological level control disease and infection for targeting particular entities. In order to make the process faster, new technologies and systems of informatics and data management have been employed. Development of drugs is intensive and expensive and these countries are coping effectively.

Moreover, the investigation is done on various compounds and their use in humans. Approval has been given to a small fraction. Determining the efficacy and safety of the compounds are possible after pre-clinical development, followed by clinical trials and safety monitoring.

The reputed pharmaceutical companies in Qatar are exporting OTC products, nutraceutical medicines and other pharma products that arrive in various forms of dosage. Usually, pharmaceutical products in Qatar consist of tablets, injections, ointments, drops, syrups, sachets, etc.

Many Indian hubs have their branches in Qatar and other nations in the Middle East. These hubs manufacture many drugs at their in-house facilities in India. The US FDA, GMP, ISO 9001, and WHO-GMP certify these facilities.

Qatar is improving performance:

The pharmaceutical manufacturing companies in Qatar are presently involved in the development of a growing portfolio of excellent formulations in the area of health care. They boast a vision of high quality and affordable drugs, generic medicines, etc. and are growing rapidly into a dynamic group.

Qatar is trying to park its surplus that is investible. Again, a country like India is looking forward at investments for funding the growth based on infrastructure. Both the countries can benefit from it.

The general rules for exporting medicines from India to other countries:

  • Drug license off wholesale or manufacturing
  • Import Export Code
  • Current bank account for receiving payment

Requirements for exporting to Arab countries:

GCC approval is required if the products have to be exported to Qatar, Saudi Arabia, UAE, Oman, Bahrain, and Kuwait. Saudi FDA should inspect and approve the manufacturing facility.

The relation between Qatar and India:

The relation between Qatar and India is historic. It is expected that in the year 2023, both the nations will remember the grand 50th anniversary of diplomatic relation’s establishment. Approximately 7 lakhs Indian people reside in Qatar which is the true backbone of the healthy partnership between both nations.

There is a strong bilateral trade relationship between them. It surpassed USD 11 billion in the year 2019-2020. The dominating trade is energy.

The medicine exporters in Qatar strictly stick to national and International Regulatory Requirements along with producing superior products.

The commitment of pharmaceutical companies in Qatar:

The companies are committed to bring continuous improvement and add values to the quality standards for satisfying the needs of customers.

During the Corona Virus pandemic when most of the planes have been grounded throughout the world, on April 2, Qatar Airways Cargo declared that it has started nineteen weekly flights between India and Doha. The initiative is for receiving goods like Pharmaceutical products.

These flights are focused on imparting quality Indian products that have a strong demand in the Middle East such as fresh produce and medicines.

There is a continuation of strong demand for imports and exports, especially related to the transportation of necessary medical supplies that are produced in India and are needed to fight against Corona Virus.

Generic drug supplier is playing a vital role:

India is a country that supplies approximately 1,000 tonnes of APIs to Europe for paracetamol, a common pain reliever. It eases the export controls on OTC medicines that are used for dealing with symptoms of COVID 19.

India is presently the main generic drug supplier. It has shipped around 1.9 million tablets and certain other forms of paracetamol to thirty-one countries. Again, it has added the consignments of paracetamol to be sent to 87 countries commercially.

Countries like the United Arab Emirates, Russia, Jordan, and major partners in Latin America and Africa are likely to export paracetamol from India. Medicine exporters in Qatar are all ready to strengthen the bond with India further to keep on receiving excellent medicines at the most competitive price.

Make a Call: +91 9979382527
Mail us at [email protected]

Indian Pharmaceutical Company
Pharmaceutical Company

Investing in an Indian Pharmaceutical Company – A Profitable Deal

India is doing extremely well in the pharmaceutical industry for over a few decades. The basic reasons are the availability of affordable labor and raw materials in abundance. The top pharma companies in India are discovering new molecules and bringing new medicines on board to curb various diseases and pathogens making human and animals’ life better than ever.

Medicine manufacturers in India have become a blessing for the business holders and shareholders due to the world’s dependency on India for APIs and other types of medicines. India supplies over 50% of the vaccines of the world. The UK receives 40% of generic medicine and the UK obtains 2% of all medicines from this country. It leaves no doubt that the industry of pharmaceuticals is growing by leaps and bounds and many business holders are eyeing it to make a massive profit.

A statistical view of the Indian pharma industry:

India is a country to deliver the 2nd largest share of biotech and pharma labors to the entire world. 2019 has greeted Rs. 1.4 lakh crore of domestic pharma market turnovers. In 2018, it was Rs 1.29 which indicates there was a 9.8% increase in a single year. Indian pharmaceutical export companies have employed a huge number of employees in various departments to perfectly cater to the needs of manufacturing and export medicines to all other parts of the world.

The sales of pharma products reached 9% (Rs 10,342 crore) in this year’s May. Moving Annual Total based calculation depicts that in December 2019, the pharma industry was at a growth of 9.8% with a price hike of 5.3%, and a volume hike of 2% y-o-y.

New Indian pharmaceutical company is emerging:

The colossal growth of the pharma industry has urged many business holders to invest in it and hence, many new Indian pharmaceutical companies are starting their journey in the league. Over 200 countries throughout the world import pharma products from India paving the golden way for any medicine exporter from India to increase their activities.

India is considered the most substantial provider of generic medicines globally. It consistently maintains its supremacy in this field making itself a hope for the investors. Again, owing to the growing number of pathogens and various diseases, the top pharma companies in India are intensifying their research and development, and manufacturing medicines on a large scale. Some of the best medicine manufacturers in India, for instance, JoinHub Pharma and others, are commercializing innovative therapies to curb the patients’ suffering.

Moreover, the price is kept affordable so that people of all economical strata can purchase medicines and other pharma products. In fact, the companies are looking after the improvement of the Indian pharmaceutical exports to reach every corner of the world where medicines and injectables are needed.

Therefore, it leaves no doubt that medicine manufacturers in India are business people’s dream. By this year’s September, the country has exported a record worth of US$ 11.80 billion of pharma products. As per the statistical prediction, the medical devices industry is constantly growing by at least 15.2% annually and can come to US$ 25 billion by 2025.

Unquestionable development of pharmaceutical medicine suppliers:

The top pharma companies in India that manufacture, pack, and supply medicines are committed completely to acquire the right quality at a rapid speed. Plus, they adopt cost-effective procedures at each stage of development. These firms are experts in industrialization and make sure that the end products are okay for manufacturing and commercialization at a large scale. The stakeholders can save a lot of money and time by investing in these firms.

Infact, the Government of India (Department of Pharmaceuticals) has launched Pharma Vision 2020 with the conceptualization of making India a comprehensive drug discovery hub. Under Union Budget 2020-21, the Ministry of Health and Family Welfare has allocated Rs. 65,012 crore indicating massive development of this industry.

Again, the project managers of the high profile Indian pharmaceutical company are deeply concentrating on the needs of customers. The focus is also on the timely delivery of the drugs including tablets, injections, capsules, ointment, oral liquid, suspensions, external preparations cream, nasal drops, eye, and ear drops, etc.

Furthermore, the coronavirus has made it immensely necessary to have multivitamins and minerals supplement on a regular basis. The top-notch medicine manufacturers in India are keen on manufacturing multivitamins and minerals along with hand sanitizers and protective masks to stop the deadly virus from entering the body and attack the immune system.

 

Conclusion:

The pharma industry in India will touch $65 billion by the year 2024 as per prediction. Any accredited and certified Indian pharmaceutical company is actively involved in contract manufacturing drug intermediates and active pharma ingredients and is making an unparalleled track record in the international market. The current focus is more on pharma innovation backed by ground-breaking science. All these aspects result in a positive opportunity for the investors to invest in the top medicine manufacturers in India making the country become number 1 in the pharmaceutical industry.

Simply give us a call on +91 99793 82527 or drop us a mail at [email protected]

Pharmaceutical Distribution Company
Pharmaceutical Company

How to Start a Pharmaceutical Distribution Company

Do you know that the Indian pharma industry is the fourth biggest as far as volume is concerned? It is amongst the top 15 in the business worth worldwide ranking.

To become part of the essential journey of the pharma industry; one doesn’t have to set up a huge manufacturing unit that involves hefty investment. It is additionally possible to reap the advantages by launching a pharma distribution company which is a relatively low-cost business.

The process of starting a business isn’t very complex. Once understood well, one can deal with the procedure without hassles.

Who are these pharma distributors?

The pharma distributors are generally described as the middlemen between the drug manufacturing company and the retailers or the end-users. It is difficult to understand exactly how to begin the best pharmaceutical distribution company. However, here is the information you need in detail if you are the inexperienced one for your startup.

Legal requirements

The import, manufacturing, and distribution of drugs fall under the Drugs and Cosmetics Act, 1940. It has provisions for the categorization of drugs under different schedules. When one needs to launch the distribution business, a license must be issued from the CDSCO (Central Drug Standard Control Organization) or any similar state control body.

The individual applying for the license ought to have a degree or diploma in pharmacy from a recognized institute. There should be at least 1+ years’ experience in dealing with drugs.

GST Registration is required for launching the distribution business.

Documentation requirements:

  • Application form (in the prescribed format)
  • Covering letter with name and designation of the candidate
  • Declaration form (in the prescribed format)
  • Copy of the challan issued after submitting the fee for drug license
  • The site and key plan (outline) of the premises
  • Incorporation certificate, MOR/AOA, or partnership deed to state the constitution of the business
  • Evidence for possession (rent agreement, registration, or lease agreement)
  • Affidavit of non-conviction of chief or partners or owner
  • Affidavit for a full-time appointment of an enlisted drug pharmacist or equivalent resource

Pharmacy Inspector performs a regular assessment, and the business ought to satisfy all the norms laid by the authorities. Failing this, there is a chance of canceling the registration.

The apt space is essential for a pharma distribution company

When an application is submitted for starting a distribution organization, it is mandatory to furnish verifiable evidence of premises where the business will happen.

There must be vital infrastructure (storing and refrigeration facilities, rodent-free premises, hygiene, etc.) to protect the medicines.

Successful Business plan

Draft a business plan. It must be a savvy plan that makes the chances of success better. Do thorough research to comprehend your competitors. Assess the expenses needed to begin the company.

You should establish the organization’s structure, roles, and responsibilities. Recruit a staff of qualified and enthusiastic employees.

SWOT Analysis

Perform a SWOT analysis to comprehend the strengths and weaknesses of the proposed model.  It is similarly important to know the chances and threats. This would assist you with having an extraordinary overview of the market situation and how you can fit into it

Establish your brand in the market

Once the organization is established, it is time to promote the brand by utilizing every possible channel. It seems like a herculean task; however, it isn’t if you do it systematically.  Do the research well and put resources in marketing and advertising. Hire professionals and outsource the work. Every pharma companies know that being pharma wholesalers or pharma distributors and setting up the pharmaceutical distribution company in India and again getting the consideration from the audience is a truly difficult task. However if done once, you’ll be a successful brand in the market of pharma. By investing in marketing and advertising, you will be one bit closer to success. What you can do is get the marketing and advertising agencies on board. They can assist you with making all you required to make your brand name in the market.

This can include:

  • Logo
  • Brand image
  • Company’s goal
  • Website
  • And a marketing campaign

Budget is a must. The more you spend money, the more you will get promoted and get a return.

Finally,

This blog explains the process of starting a pharma distribution organization and taking it ahead of others. Taking the right steps, picking the right equipment, and recruiting the right team are the steps that can assist you with staying on the path of success.

JoinHub Pharma is leading manufacturers of Pharma Products that holds rich expertise as PCD Pharma Company in Ahmedabad, Gujarat, India. If you’re looking for wholesale pharma medicines then feel free to reach out to us anytime.

Simply give us a call on +91 99793 82527 or drop us a line at [email protected]

Generic Pharmaceutical Drugs
Generic Medicine Pharmaceutical Company

Do Generic Pharmaceutical Drugs Compromise on Quality?

Nowadays due to increased health problems, and high medicinal expenses people have started making a shift to generic drugs which are the same as brand-name drugs and offer almost equivalent medicinal properties. Generic pharmaceutical companies have never been as famous as branded and marketed drug companies. So people always have a question regarding are generic drugs as safe as their branded counterparts and are they effective in treatments for severe health implications.

Generic drugs are identical counterparts of branded drugs and medicines manufactured by large corporations. When the patent of any particular brand-name drug expires, other smaller pharmaceutical companies manufacture a generic version of it and sell it in the open market. Generic drugs are relatively cheaper as the companies producing it do not have to invest much time and money into the research and development stage. Because a formulation is already available, everything the company then needs is just to manufacture it and get it approved by the FDA.

How does the FDA approve Generic Medicines?
If a company wants to get its generic drug approved with the FDA’s stamp, it must manufacture a drug that can be seen as a bioequivalent of the brand-name drug previously available. The FDA allows drug manufacturers to make a change in the active ingredients of medicine for up to 20% but top generic pharmaceutical companies do not go to that extent in making changes in the drug’s composition.

Moreover, generic manufacturers also do not need to go under vigorous drug tests as the data available with the FDA for previously used brand-name drugs is used as a result. Hence generic drugs are mostly passed with smaller test cycles and datasets. This does not raise a question about the effectiveness of the drug. The FDA chooses this course just to ensure that the drugs reach the patients speedily in the market.

Are generic drugs less effective?
Generic medicines are as effective as their brand-name substitutes. The FDA ensures that every drug being sold in the market is safe and effective for its consumers whether it is a brand-name drug or a generic drug. As we know generic drugs have almost identical medical formulation and are made using the same active ingredients used in the making of branded drugs, generic drugs are hence the effective and alternative solution to most branded drugs.

Generic drugs are also tested and reviewed thoroughly almost as same as their branded counterparts; hence consumers should not be worried about the drug’s effectiveness. The FDA also saves and publishes information regarding generic drugs for almost all types of critical diseases. Some people also think that generic drugs are cheaper as they are made by smaller companies with limited on-site production facilities but in contrast, the FDA makes sure that a generic drug manufacturing unit complies with all the norms laid down by the FDA for manufacturing of medicines and drugs. It isn’t always that only smaller companies manufacture generic drugs and sell them in the market, but research shows that almost 50% of all generic drugs manufactured come from big branded companies as companies always thrive to make their medicines available to consumers on a large scale.

How to identify Generic Drugs?
Some laws suggest guidelines for generic drugs; any generic drug cannot be made to look the same as its branded counterpart. However, differentiating between a brand-name drug and a generic drug is never a big hassle. Manufacturers, to comply with the statutory guidelines laid down by the FDA and other institutions; develop generic drugs that vary in packaging, naming, colors, shapes, sizes, and many more different dimensions.

Is a Generic Drug available for every other Branded Drug?
Branded drugs have patent protection for 20 years, which provides relief to a company that no other manufacturer can make the same drug and sell it in the market. However when a patent for a branded drug has expired or is about to expire other manufacturers can get consent from the FDA and start manufacturing the drug under the prescribed guidelines for generic drug manufacturing. It is somehow difficult to find generic drugs for brand medications that have been in the market for less than 20 years, as it comes under patent protection. However, a similar medication can be found if needed.

The Market’s Boom for Generic Drugs

Today numerous ailments have drugs with their prices sky-rocketing by the passage of time. Several insurance providers now approve and pay their insurance holders for opting into generic drugs. Generic drugs have now gained a higher level of trust from people and people consider them an effective option to switch from branded medicines. This has helped the generic drugs market to grow on a rapid scale for the last few years.

Call : +91 9979382527
Mail us at [email protected]
Website: https://joinhubpharma.com

Indian Pharma Industry
Pharmaceutical Company

The Pharmaceutical Industry in India: Invest in Pharma Sector

India is a prominent and rapidly growing nation in global pharmaceuticals. It is considered as the biggest supplier of generic medicines globally, occupying nearly 20% share in global supply by volume, and furthermore supplies 62% of global demand for vaccines. India positions 3rd worldwide for production by volume and 14th by value. India is the only nation with the biggest number of US-FDA-compliant Pharma plants which includes 262+ APIs. India has in excess of 2000 WHO-GMP approved pharma plants, 253+ European Directorate of Quality Medicines (EDQM) affirmed plants with modern cutting-edge technology.

India is the primary source of 60,000 generic brands across 60+ therapeutic categories and manufactures more than 500 various Active Pharmaceutical Ingredients (APIs). The API industry is ranked 3rd largest in the world presenting nearly 57% of APIs to the WHO prequalified list.

The nation is home to in excess of 3,000+ pharma organizations with a solid network of more than 10,500 manufacturing facilities.

  • From 2018-19, India’s pharmaceuticals exports were worth around $19.3 billion with a growth of 10.72% consistently.
  • India holds 12% of all worldwide manufacturing sites catering to the US market.
  • The expense of manufacturing in India is roughly 33% lower than.

Market Size

Indian pharmaceutical sector is extended to grow to US$ 100 billion, while the medical device market is foreseen to grow US$ 25 billion by 2025. Pharmaceuticals exports from India represent at US$ 20.70 billion in the Financial year 2020. Pharmaceutical exports incorporate intermediates, drug formulations, bulk drugs, herbal, and biologicals products.

India’s biotechnology industry involving bio-agriculture, biopharmaceuticals, bio-services, bioinformatics, and bio-industry is anticipated to grow at a normal growth rate of around 35% consistently to reach US$ 100 billion by 2025.

India’s domestic pharmaceutical market turnover reached roughly Rs 1.4 lakh crore in 2019, up 9.8% every year from Rs 129,015 crore (US$ 18.12 billion) in 2018.

Investments and Recent Developments

The Union Cabinet has given its nod for the amendment of the existing Foreign Direct Investment (FDI) strategy in the pharmaceutical sector in order to permit FDI up to 100% under the automatic route for the manufacturing of medical devices subject to particular issues.

As per the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), The drugs and pharmaceuticals sector attracted cumulative FDI inflows worth US$ 16.50 billion between April 2000 and March 2020.

Some of the recent developments/investments in the Indian pharmaceutical sector are as per the following:

  • During December 2019, on a moving annual total (MAT) basis, industry growth was at 9.8%, with price growth at 5.3%, new product growth at 2.7%, while volume growth at 2% y-o-y.
  • The Healthcare sector observed private equity of a total of US$ 1.1 billion with 27+ deals in H12019.
  • Indian pharmaceutical industry’s export to the US will get a lift as branded drugs worth US$ 55 billion will become off-patent during 2017-2019.

Growth Drivers

  • Innovation and R&D
    • To develop new complex generic drugs, enhanced by the New Drugs and Clinical Trial Rules, 2019 and the Atal Innovation Mission (a Government of India initiative with the targets of entrepreneurship and innovation promotion via competition, mentorship, etc.)
  • Medical tourism
    • Quality services at marginal expenses compared to Europe, US, and South Asia.
  • Infrastructure development
    • India has the most noteworthy number of US-FDA compliant plants outside the US.
  • Strong drug manufacturing
    • Expertise in low cost generic patented drugs and a movement towards end-to-end production.
The pharmaceutical industry in India provides a couple of opportunities for investments and trade due to the following factors:
  1. Concerning India’s huge population it is an excellent center for clinical trials.
  2. India has productive and cost-effective sources for taking a few to get back generic drugs, particularly the drugs that are going off their patents in the coming years.
  3. India has abundant manpower with solid technical, scientific knowledge.
  4. The cost required for research and development is extremely low.
  5. India houses magnificent laboratories with world-class facilities. It has labs that specialize in process development and the development of cost-efficient drug manufacturing technology.
  6. India is self-sustaining in terms of the manufacturing of bulk drugs. Practically 70% of the requirements for the formulation of drugs are accessible within the nation itself.
  7. India’s fast-growing biotech industry, which offers extraordinary potential in the worldwide market, likewise has contributed to making the pharma sector in India an appealing industry to make investments.

Due to all these advantageous elements, India is recognized as one of the leading players in pharmaceuticals in the worldwide market.

Road Ahead

Medicine spending in India is anticipated to grow 9-12% over the next five years, driving India to become one of the best 10 countries in terms of medical spending.

Going ahead, better growth in domestic sales would likewise rely upon the ability of organizations to align their product portfolio towards chronic therapies for diseases such as anti-diabetes, antidepressants, cardiovascular, and anti-cancers, which are on the rise.

The Indian Government has found a way to reduce costs and cut down healthcare expenses. The rapid introduction of generic drugs into the market has stayed in focus and is needed for the growth of Indian pharmaceutical companies. Moreover, the thrust on rural wellbeing programs, life-saving medications, and preventive vaccines additionally foreshadow well for pharmaceutical companies.

With such an exceptional initiative of the Indian government, the Indian pharmaceutical industry looks incredibly positive for attracting more foreign investments.

 

Contact us for more information:
Call : +91 9979382527
Mail us at [email protected]
Website: https://joinhubpharma.com

pharma-manufacturer
Pharmaceutical Company Pharmaceutical Manufacturing

Five Advantages Of Pharmaceutical Manufacturer and How You Can Make Full Use of It

India is always one step ahead in the field of pharmaceutical manufacturing predominantly because of the affordable cost of production, infrastructure, and skilled workforce. These aspects have launched India among the major players in the segment of generic medicine production. Moreover, India has a vast domestic market that helps it to dominate the world as the topmost pharmaceuticals manufacturer. Overall, India is a lucrative place for the medicine company owners who wish to outsource their products.

Digging into the 5 most important advantages of pharmaceutical manufacturers in India:

  1. Extremely cost-effective:

It needs a huge amount of initial investment and thorough research to develop a new drug. First, investment is done on comprehensive research and development. Then, huge finance is needed for setting up the manufacturing units. But, when it comes to the pharmaceutical products manufacturer, especially the contract manufacturing organizations, then the tension remains much lower as they have the ready-made infrastructure and established expertise for producing medicines at cheap rates. Hence, labor costs including wages, fringe benefits, training, etc. can be substantially saved.

  1. Highly advanced technology and skills:

Currently, there is a rapid change in the rise of the pharma industry. Advanced skills and technology are obligatory for production. It needs colossal investment in the process of manufacturing to launch new drugs in the existing market quickly at the lowest possible price. There are many big names in the pharma industry that face trouble in boasting such resources and expertise. But, the best pharmaceutical companies in India that solely focus on contract manufacturing already possess such kind of expertise as well as resources to produce the needful at full scale. Their intimate connection with the raw material suppliers which adds fuel to the manufacturing segment.

  1. Good quality assured:

The dominant Indian pharmaceutical companies are always prepared with pre-established quality checks boosted for several years. The medicines are produced in consent with different standards used in various countries. These manufacturers have typical systems in assured place for controlling the end products’ quality. The contract-based manufacturing uses techniques of quality control for ensuring the acceptance of the quality control standards prevailing globally.

  1. Present throughout the world:

A pharmaceutical company can enter into a new market through a first-rated pharmaceuticals manufacturer. There is a negligible financial risk. Also, minimum local investment is enough for the workforce, capital, and time. In certain areas, manufacturing companies take control of the clients’ marketing and sales. Most importantly, various resources are needed to manufacture a drug and a particular country may not have all of them. Hence, the medicine companies of that country preferably give the contract to the best pharmaceutical companies in India where the required resources are readily available at an unimaginably low cost.

  1. Growing competition:

The price of various medicines is continuing to be low because of the intense competition and the growing number of Indian pharmaceutical companies. Refined medical infrastructure, newly emerging market, increasing diagnosis of chronic disease, the launch of patent products, etc. contribute to the growth. India can typically manage to produce drugs at low cost which also includes factors like equipment, labor, property rates, and utilities at an affordable cost.

Pharmaceutical companies all over the world are making complete use of Indian pharmaceutical manufactures due to unavoidable reasons:

  • Both are winners:

India has a favorable business model that is a reason to smile. The hubs that purely manufacture drugs can produce the same products for different pharma companies. Hence, both the manufacturing partner and pharma company will be at the winning position. Furthermore, some pharma houses give contracts of the same product to multiple manufacturing units when there is a surge in demand. It ensures an uninterrupted supply of medicines.

Expansion of business at low investment:

Yes, the manufacturers of pharmaceutical products in India have made it possible. Choosing a third party model paves the way to expand the business without the requirement of huge investment. Partnering with a company delivering the best pharma products to the customers as well as the channel partners helps in building an excellent reputation in the prevailing market.

Excellent work efficiency:

Investing in the best pharmaceutical companies in India that manufacture drugs as a third party as well as a business partner guarantees magnificent productivity and work efficiency.  The right producing hub can bestow the best value for money.

Upgraded manufacturing plants make exporting of medicines trustworthy globally:

The pharmaceutical manufacturing companies in India make significant investments in the hope of upgrading their plants for reaching and maintaining international standards. As per Deloitte’s report in 2015, Indian drug manufacturing plants have matched the unique standards set by the FDA. Hence, medicine companies from all over the world are relying on these manufacturing companies and are not minding importing medicines from India. Hence, Indian pharmaceutical manufacturers are making huge profits by exporting generic and other medicines.

Conclusion:

Better sales and higher profits combined with rich professional experience and superior quality products- Indian pharmaceutical companies can give the ultimate benefits to the entire pharma industry both in India and oversees. The medicine manufacturers are truly transforming the current healthcare system and will remain at the top in the coming years too.

Call : +91 9979382527
Mail us at [email protected]
Website: https://joinhubpharma.com

CALL ME BACK