How is India leading the pharma industry with the Top pharma exporters in India?
Pharmaceutical Company

How is India leading the pharma industry with the Top pharma exporters in India?

The Indian pharmaceutical industry has come a long way from being an import-dependent to becoming a self-sufficient manufacturer and one of the world’s major exporters. Today, the Indian pharmaceutical business is the world’s third-biggest by volume, with a market value of more than $42 billion.

Top pharma exporters in India export medicines to around 206 countries, with the United States being the most important export destination, followed by Africa and Europe. It is a vaccine production leader, supplying more than 60% of worldwide vaccination demand. The Indian pharmaceutical industry’s goods continue to enhance health outcomes for patients globally, with an export value of $24.44 billion (2020-21). This has been made feasible by the Government of India’s policy initiatives and the entrepreneurialism of Indian business.

The Government of India recognized the pharmaceutical business as a rising sector of the economy in the recent Union Budget 2022, which is predicted to triple in the next decade. The pharmaceutical business is expected to reach $65 billion by 2024, according to the Indian Economic Survey 2021-2022. By 2030, the sector hopes to be worth $120-130 billion. In order to do this, the industry may begin on a strategy of developing India’s worldwide leadership in life sciences while promoting greater local access and affordability.

Let’s see how India is leading the pharma industry.

Top Pharma Exporter in India Leading the Pharma industry

The best Indian pharma companies, such as JoinHub Pharma, have made a global impression by their price competitiveness and high quality, which has resulted in India producing 60% of the world’s vaccines and 20% of generic medications. Another interesting statistic is that around 55 percent of India’s pharmaceutical exports are too highly regulated. Indian pharmaceutical exporters also have a significant presence in the prescription market in the United States and the European Union.

Even after global trade interruptions and a reduction in demand for COVID-19-related medications, the growth of pharmaceutical exports has increased. The trade balance goes in India’s favor, with a USD 15175.81 million surpluses. India is ranked third in terms of output and fourteenth in terms of value. The Indian pharmaceutical industry is currently worth roughly USD 50 billion.

Formulations and biologicals account for around 73.31 percent of our overall exports, followed by bulk medicines and drug intermediates, which account for USD 4437.64 million. The top 5 pharma export destinations for India are the United Kingdom, South Africa, Nigeria, Russia, and the United States.

Despite the COVID crisis, the Indian pharmaceuticals and drugs business had a rapid expansion, with exports reaching USD 24.4 billion, increasing 18 percent year on year. The astonishing export growth accomplishment in 2020-21 was accomplished despite regular lockouts, global supply chain disruptions, and a weak manufacturing sector. As part of the trade accords, India signed a cooperation deal with the UAE and Australia, which will provide Indian pharmaceutical products with greater access to these markets.

Export to America

North America continues to be the biggest market for Indian medicines, accounting for more than 34% of total sales. Exports to the USA, Canada, and Mexico increased by 12.6 percent, 30 percent, and 21.4 percent.

African exports

Exports to Africa grew 13.4 percent, compared to 2.24 percent growth in the previous fiscal year. South Africa has emerged as India’s second-largest market for medicines. Exports to the country climbed by 28%, with Nigeria, Kenya, and Tanzania serving as the other key African markets.

Leading the Post-Pandemic World

After making major contributions to generics, the pharmaceutical industry is now set to enhance its innovation and research and development (R&D) abilities in order to deliver cutting-edge medicines at competitive rates. It’s time to transition from “Make in India” to “Discover and Make in India.” The emphasis would be on boosting R&D and innovation, smart manufacturing, fostering policy changes, driving digital transformation, and cultivating useful collaborations.

Foster policy reforms

A robust and efficient regulatory environment, such as having a “single window system,” eliminating several regulatory organizations, and developing precise rules, is critical for a healthy innovation environment. Following the pandemic, it is necessary to continue a conversation between the regulator and the industry, for example, through pre-approval discussions, regular industry meetings, and rolling reviews.

Focus on R&D and innovation

The Indian pharmaceutical industry, which accounts for two-thirds of the world pharmaceutical market, would need to move up the value chain and focus on innovation. By 2047, the Indian pharmaceutical industry must develop a robust innovation pipeline (5-7 novel molecular entities and 10–12 innovation releases per year).

To that end, the business is increasingly branching out into sophisticated generics and specialized pharmaceuticals. The goal is to increase Indian pharma’s significance in biologics, new drug development, and innovation and improve skills in biological sciences, information technology utilization, cell and gene therapy, and other areas focused on patient requirements.

Digital transformation

Enhanced patient care, cost-effectiveness, better transparency, improved production, and drug research all require digital transformation. AR/VR, artificial intelligence (AI), machine learning (ML), 3D printing, and additive manufacturing are supporting pharma businesses in speeding up the research and development process, running testing in less time, adding newness to goods, and enhancing production efficiency and compliance. Because of the growing usage of digital technologies, telemedicine, and app-based ecosystems, supply chains are also becoming more patient-centric.

Nurture valuable collaborations

During the COVID 19 outbreak, the government, academia, and pharma businesses supported research efforts. The regular feedback, integrated efforts, sharing, and persistent discussion between industry stakeholders and government authorities worked successfully, and this engagement should continue in the future.

Focus on exports

In the future, it will be vital for the industry to consolidate existing significant export markets while also exploring new ones. In this scenario, Indian embassies overseas might be excellent facilitators. At the same time, policies in India would need to focus on assisting the industry in becoming more competitive in the export market through policy instruments such as RoDTEP and PLIs and incentivizing R&D and innovation in the pharma sector.

The Road Ahead

India has a technological edge and world-class industrial capabilities that have been developed through time. This capability is crucial in regulated and science-driven industries, where the rate of change is likely to accelerate over the next two decades. The ability to adjust quickly will be critical to remaining competitive.

Indian business has proved its dedication to patient welfare, particularly during the epidemic, and will do so in the future. Nonetheless, the key to supplying excellent medications at cheap rates will be to be a technological leader and exploit India’s demographic advantage to become a life sciences hub.

Looking for a reliable pharma exporter in India? Partner with JoinHub Pharma. We are the trusted pharma exporter, supplier, and wholesaler from India. We manufacture and sell high-quality branded and generic medicines at affordable rates and improve people’s health across the world.

Want to know more about pharmaceutical exports or pharma product manufacturing? Simply drop us a line at [email protected].

Our pharma exports will get in touch with you within 24 hours.

EU GMP Certified Pharma Company in India?
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What is cGMP, and why should you partner with EU GMP Certified Pharma Company in India?

Having knowledge of Current Good Manufacturing Practices (cGMP) in the pharmaceutical sector might feel like picking up a handful of water at first. It’s a vast idea that’s difficult to grasp.

The FDA presently provides 34 unique final guidance documents for all EU GMP-certified plants in India and worldwide, including process validation, data integrity, quality metrics, and a plethora of other issues.

The FDA’s definition of good manufacturing practices (cGMP) is correct. Reading the regulatory agency’s cGMP rules might leave you with a lot of doubts. The material in a final guideline paper, which is generally 10-30 pages long, is thorough but not always clear.

You’re not alone in questioning why “current” excellent manufacturing techniques and “quality by design” are important.

In this blog, we’ll go over the formal definition for these important criteria in layman’s words, along with views from pharma industry insiders. Keep reading for more information and context on what cGMP is, why it’s vital, and why you should work with cGMP, EU, and GMP certified pharma companies in India.

What is cGMP in the Pharmaceutical Industry?

The FDA defines current good manufacturing practices as systems that provide adequate design, monitoring, and control over manufacturing procedures and facilities in pharma and other FDA-regulated businesses. These methods are intended to assist organizations in ensuring that drug goods have the proper identification, strength, purity, and quality.

cGMP systems incorporate several quality-focused controls, such as:

  • Management Systems
  • Quality Raw Materials
  • Operating Procedures
  • Detecting Deviations
  • Investigating Deviations
  • Reliable Testing

Many of the most prevalent reasons for quality failure that endanger patient safety, such as drug contamination, deviations, or mix-ups, may be avoided if pharmaceutical companies follow cGMP in India. The FDA is emphatic that cGMP is intended to be flexible in order to offer a common foundation for the whole pharmaceutical industry. Furthermore, the standards are not a checklist; rather, they represent a collection of “basic needs” for complete quality management.

The most recent cGMP, Q7 Good Manufacturing Practice Guidance for Active Pharmaceutical Ingredients, was issued in 2016. This 58-page paper offered the industry some important upgrades to the previous cGMP, but it also raised more issues than it addressed in the perspective of many pharmaceutical companies.

What Is the Difference Between GMP and cGMP?

GMP is an abbreviation for Good Manufacturing Practice. We understand that cGMP stands for current good manufacturing procedure. It means that cGMP is the most recent GMP version.

As GMP standards improve, the Pharmaceutical, BioTech, MedTech, and Medical Devices businesses must stay up to date on the most recent requirements, known as cGMP.

The three terms that distinguish GMP from cGMP are quality, cost, and current norms.

Quality

Whether you adhere to GMP or cGMP standards, you adhere to regulatory criteria to guarantee that your pharmaceutical products are safe, pure, and of the highest quality.

GMP requires you to meet the required standards for your industry, but cGMP requires you to take one (or more) steps beyond to guarantee that you comply with the most recent laws and regulations.

Cost

GMP and cGMP laws and regulations are both costly considerations. However, cGMP is more expensive since it necessitates more testing and cutting-edge technology.

Current Requirements

As indicated at the beginning of this section, GMP laws and regulations assure the quality and safety of your products. Join Hub Pharma’s cGMP, EU GMP Approved factory in India, which is in accordance with the most recent norms and regulations governing the pharmaceutical sector.

Why Is cGMP Compliance Important?

When your pharmaceutical firm is cGMP compliant, you are promising customers that the pharmaceutical medicines generated in your facility are subject to the most current industry standards.

As a result, you will ensure that:

  • Buildings and facilities are in excellent shape;
  • Equipment is properly maintained and calibrated;
  • Processes and processes are repeatable and dependable, and
  • Employees are thoroughly trained and certified.

What Are cGMP Requirements?

The following regulations govern most firms’ cGMP standards:

  • 21 CFR Part 314: FDA clearance for novel drug marketing
  • 21 CFR Part 210: cGMP for medication manufacture, processing, packaging, or storage.
  • 21 CFR Part 211: Good Manufacturing Practices (cGMP) for finished pharmaceuticals
  • 21 CFR Part 212: Good Manufacturing Practices (cGMP) for PET (positron emission tomography) pharmaceuticals
  • 21 CFR Part 600: Biological products in general

The following are the most important cGMP requirements.

Raw Materials and Products

A key cGMP requirement is a master formula for each pharmaceutical product, which must be followed exactly throughout the production process.

Procedures and Methodologies

If you are using old technology, it is obvious that you are not in compliance with cGMP. Regularly review all methods and ensure that you employ the most up-to-date research and technology for your items. All procedures are documented using processes.

Staff

People are the backbone of every business. The same is true for the Indian pharmaceutical industry. Every stage of the production process necessitates the use of trained personnel. This is required under cGMP standards.

Premises

Laboratories are the foundation of pharmaceutical production and must be properly maintained. Premises and equipment must be properly maintained to provide safe and effective conditions for medicine manufacture.

Many variances can occur in equipment. Consider a fume hood, which is a standard piece of laboratory equipment. Some manufacturers use fume hoods for longer than necessary or fail to maintain them properly. In order to save money, the equipment has been misused and is no longer functional. Investing in a new fume hood would reduce the danger of failure. This reasoning may be applied to any laboratory apparatus.

JoinHub Pharma is a leading EU GMP Certified Pharma Company in India that offers branded and generic drugs for the various therapeutic disease. We are the trusted pharma manufacturer, supplier, exporter, and wholesaler across the world. Our only aim is to provide high-quality medicine at affordable rates and improve human health.

All our pharma products are manufactured at the EUGMP pharmaceutical manufacturing plant with utmost care and precaution.

Want to learn more about our pharma manufacturing and packaging process? Want to place an order for bulk generic medicines?

Simply drop us a line at [email protected], and our pharma experts will be in touch with you within 24 hours.

How to Choose The Top Indian Pharma Company For Venezuela
Pharmaceutical Company

How to Choose The Top Indian Pharma Company For Venezuela

Indeed, the Pharmaceutical industry across the world is going through a golden phase. It is one of the fasted growing industries at present. India, which will soon be the 3rd largest market for pharmaceuticals in the world, is expanding its pharmaceutical industry. It has created many business opportunities.

Do you want to partner with a top pharma company in India to grow your pharma business for Venezuela? Are you having a tough time selecting the right Pharma Company in India with the significant benefits?

If yes, then this blog post is made for you.

Selecting the right Pharma Company is quite a task, and if done the right way, it can get you benefits that are literally beyond your imagination.

A reliable pharma company gives you more benefits than the other ones, so choosing wisely and systematically is crucial.

With the increasing competition these days in the Pharmaceutical Industry, it has become challenging to choose the right PCD Pharma Company.

Let’s discuss some of the essential tips to be followed for selecting a good Pharma company in India.

Tips for choosing Indian Pharma Company for Venezuela

Company history and goodwill

When it comes to Indian Pharma Manufacturing Companies for Venezuela, no one wants to invest in a pharma company that doesn’t know the background or has no history.

So, before choosing any company, it’s important to look for the company and do some research about them so that you can be sure about their potential and reliability. Unfortunately, people have often been forced to join fake companies with no history. Hence, you should look at the company profile by exploring past records. More so, when you want to judge credibility, you need to look at the company’s goodwill or value.

Certification and Approvals

A reliable and competent pharmaceutical company will have all the certifications and approvals from the top authorities. Certifications are indeed the legitimate faith factor that binds the customer’s trust in the company.

The following are some of them.

  • ISO certified.
  • Drug controller general of India (DCGI)
  • Good Manufacturing Practices (GMP).
  • FSSAI

Product Range

The next important tip is to look at the company’s product range. The pharma company should be engaged in manufacturing the products you have decided to deal with and offer other range of products from different genres. You should check out the product catalog of the prospective pharmaceutical companies. It will prove helpful if you decide to expand your product range.

Product Quality

The quality of pharmaceutical medicines is one of the most important and decisive criteria; it is tough to judge the quality of treatment for someone who is not involved in the industry very deeply and technically. Generally, people do not know the raw materials being used, whether the API is from India or China. But what you can do is thorough research the responses of the products from consumers. This research can be done offline, online, or in any medium.

Another great way to do a quick quality check is to examine the products physically. The online photos of the pharma product sample may not be enough. You should contact the top pharma manufacturing companies in India personally and ask them to send you the sample medicine. Though some Pharma companies in India provide the sample medicines for free, you should not avoid paying for a sample if you think it is a good company. However, never deal with a pharma company that denies sending the samples.

When the product samples arrive, you should thoroughly check the quality of the drug by analyzing the hardness and the packaging of the medicines. The packaging of the medicines should also be considered since it will help you make the first impression on the consumers and the doctors. Thus, the product packaging should be neat and attractive.

Profits

Reaping significant profits from your investments in the pharma business is of major concern. Every investor aims to make huge profits, so find a pharmaceutical company in India with an excellent reputation in the market and has a high market value with superior quality pharma products. Choosing any such pharma company will give you higher returns on the investments, even if the investments are low.

Conclusion

When looking for the top pharma company for Venezuela, you need to carry out good research so that you can be sure that you are dealing with the best company. The above-listed tips will help you decide on your next pharmaceutical partner.

Partner with JoinHub Pharma – a leading Indian pharmaceutical company for Venezuela.

JoinHub Pharma, as a pharma company, has been built brick by brick on the foundation of care. Caring For Life has forever been and continues to remain our sole purpose.

Driven by the same aim, we have extended our presence to more than 25+ countries providing over 1,300 products across various therapeutic categories. To make healthcare more affordable globally, we are deepening our presence in the key markets of the Middle East, South Africa, Latin America, and other economies of the emerging world.

Reach out to our pharma experts to know more about our extensive product range. Drop a line at [email protected]

Top 5 pharma company in india
Pharmaceutical Company

List of 5 Top Pharma Companies In India 2022

India is a leading player in the global pharma drug industry. Moreover, the country holds a large number of scientists and engineers that can propel the sector forward to even greater heights.

With the Covid-19 Pandemic, the Pharma industry in India has picked up a definite momentum. India’s pharma sector is further growing and changing lives by offering the necessary amenities. As per the Ministry of Chemicals and Fertilizers, the turnover of pharma companies in India was $18.12 billion in 2018 and $19.14 billion in the fiscal year 2019.

Do you know more than USD 1.5 Trillion is predicted to be generated by the pharmaceutical market by 2023?

Generic drugs from top pharma companies represent 20% of global exports in terms of volume, making India the biggest manufacturer and supplier of generic medicines globally. The Indian pharmaceutical market is anticipated to be worth 33.18 billion USD and will reach 9th position in the worldwide pharma market by 2023.

In this blog, we have listed some of the best pharmaceutical companies which manufacture superior pharmaceutical products in India and are ruling entire India’s pharma sector.

SWOT Analysis for Indian Pharma Industry

Before we jump to top Indian pharma companies, let’s analyze the pharma industry in India based on the SWOT analysis. SWOT analysis is simple but helpful in analysing any sector. Using SWOT analysis, we can identify specific factors of strength and weakness of any subject.

Strength

India’s industrial sector is robust. Compared to other countries, the cost of manufacturing pharmaceutical goods in India is much lower and more effective. As a result of technological advancements, India has a highly-skilled workforce. By communication development, India’s marketing and distribution systems are likewise on the higher side. The sector is further strengthened by its diversified ecosystem.

Weakness

Apart from the liberalization of the FDI restrictions, there is still a lack of investment in research and development, which should be addressed by industry and government. The lack of collaboration between industry and academicians is a significant flaw. When compared to other household expenses, healthcare costs are insignificant. The manufacturing of low-cost and low-quality medications poses a considerable challenge to the pharma business.

Opportunities

Despite the industry’s flaws, it is expected to develop rapidly because of greater export possibilities. It is also likely that the export of generic medicines to developed markets will rise. India has much potential to become a hub for worldwide clinical trials. Furthermore, India is anticipated to play a major role in global pharmaceutical research & development (R & R&D).

Threats

Product patent policy is one of the greatest challenges to the domestic industry. The Government of India’s Drug Price Control Order put much pressure on product pricing, which affects the pharmaceutical companies’ profitability. Small businesses face challenges from the new MRP-based excise duty structure. To overcome this danger, this sector must step up its R&D efforts.

Top Pharma Companies in India

Here are the top five pharma companies in India.

1. JoinHub Pharma

Joinhub Pharma is the largest pharmaceutical company in India and is renowned primarily for generic medicines in the world. They manufacture and export dosage forms like tablets, capsules, sprays, ointments, creams, injectables, and liquids. Its businesses include producing generics, branded generics, specialty, active pharmaceutical ingredients (APIs), and intermediates in the full range of dosage forms. The company has a broad portfolio with more than 1,000 products in the market.

All the pharma products are manufactured in their WHO-GMP, FDA, and ISO 9001:2008 certified manufacturing facility.

They are also considered the leading pharmaceutical production company in the world. In fact, 85% of revenue is generated by way of exporting medicines to MIDDLE EAST, CIS, and South AFRICA production facilities.

2. Sun Pharmaceutical Industries

Sun Pharmaceutical Industries is a leading multinational pharmaceutical company in India established in 1983. It was founded by Mr. Dilip Shanghvi, the MD of Sun Pharmaceuticals. The company was initially offering products to treat psychiatric ailments. Now, the company additionally offers formulations in various gastroenterology, therapeutic, and diabetology. Its revenue was around $4.7 billion in 2020.

Sun Pharmaceutical Industries is the biggest pharmaceutical company in India based on overall revenue. It is the 4th biggest global specialty generic pharma company in the world. It also sells Etodolac, Carbamazepine, Clorazepate, anti-cancer, steroids, peptides, hormones, and controlled substances. Its subsidiaries include Ranbaxy Laboratories and Sun Petrochemical Pvt. Ltd, Sun Ophthalmic Inc, Alkaloids Chemical Company Zrt, Chattem Chemicals Inc. This pharmaceutical company sells affordable medicines in over 150 countries across six continents.

4. Divi’s Laboratories

Founded in 1990 and headquartered in Hyderabad, this pharma company manufactures active pharmaceutical ingredients and other intermediates. With $780 million in revenue in 2020, it manufactures top-quality generic compounds, Nutraceutical ingredients, and custom synthesis of APIs while exporting to over 95 countries. Divi’s laboratories are engaged in manufacturing leading generic compounds, Nutraceutical ingredients, custom synthesis of APIs, and intermediates for global innovator companies.

4. Dr. Reddy’s Laboratories

Anji Reddy founded Dr. Reddy’s Laboratories in 1984. It is an Indian multinational pharmaceutical company. It manufactures a broad range of pharmaceutical drugs in India and overseas. They have more than 190 medications, 60 active pharmaceutical ingredients for drug manufacturers, diagnostics kits, critical care, and biotechnology products.

5. Cipla

Cipla is an Indian multinational pharmaceutical and biotechnology organization headquartered in Mumbai and was established in 1935 by Khwaja Abdul Hamied.

Cipla is a leading pharmaceutical company specializing in branded and generic drugs of the best quality. The company produces medicines that treat respiratory and cardiovascular diseases, diabetes, arthritis, weight control, depression, etc. Patients and medical professionals across the world trust Cipla.

Conclusion

These are the top five players in the Indian Pharma Industry that reign the pharmaceutical market.

If you’re looking for a reliable pharma manufacturer, supplier, wholesaler, and exporter in India, look no further than JoinHub Pharma. We manufacture and sell high-quality medicines at affordable rates to provide quality to all people.

Reach out to our pharma experts today!

 

Pharmaceutical Company

Tips for Choosing the EU GMP Certified Pharma Company for Venezuela

The pharmaceutical market is expanding and growing globally and in Venezuela. The global healthcare market is totally ruled by Pharma medicines and equipment, which make up nearly US$ 347 billion. Almost 25% of this market is contributed by surgical devices the surgeon uses for major health problems such as cardiac operations and many more.

Considering the current development of industries, pharmaceutical has the maximum growth. Such a drastic rise in popularity is that people from all parts of the world demand effective and quality products. Due to this, pharma specialists, including pharma distributors and marketers, are making incredible profits.

If you are also aiming to reach that position, the best option is to reach out to JoinHub Pharma, a leading Indian EU GMP certified pharma company that has been encouraging small pharma companies for Venezuela to grow their business.

However, If you are planning to start a pharma business or want to import medicines from Venezuela, you must keep in mind a few essential things. 

In this blog, we will be providing you with the top ten tips for selecting an EU GMP-certified pharma company for Venezuela.

6 important tips for selecting the right Pharma company for Venezuela

The following are seven essential tips you need to keep in mind while choosing the best pharma company in India.

1. Background Research

It is a total waste of time for a pharma company for Venezuela to pursue partnering discussions with companies in India that have no interest in their technology.

Therefore, researching what pharma companies are interested in funding is an important first step in partnering. In general, pharma companies for Venezuela look to partner with the leading pharma companies in India with a trusted clientele and an established brand name. The pharma exporter should have a well-experienced team of professionals.

The background research process will help you understand the history of the particular pharma company. Based on that, you can make a meaningful decision.

2. Product Range

Make sure you get all the pharma products from one place. So try your best to opt for a pharma company offering a broad range of pharma products and medicines. This will save lots of time and ensure the smooth functioning of your pharma company.

3. Product Packaging

Product packaging is very important in the domestic market, as if the packaging of the medicines is not of superior quality, it will affect the sale of the product also. Even customers don’t prefer to buy bad-looking packaging products as they are not tempting enough to buy them. Hence, choose the pharma company that offers excellent packing options with certified material.

4. Certifications

Pharma companies that are legally authorized only produce and distribute Pharma drugs. They are known for the certification of originality and quality of the company and the products in the pharmaceutical industry, which is very important for pharma companies for Venezuela. Always look for the pharma company that provides you with the certification of ISO and WHO-GMP certificates. Also, choose a company with an EU GMP Certified plant in India.

5. Payment Terms

Always work with the Indian pharma company that offers their clients written documents about payment terms & conditions. Some or many pharma companies allow you to submit a partial amount before help to start, and the rest of the amount is paid after the delivery of the products. Always clarify all your doubts regarding payment terms and conditions before the payments.

6. Promotional Material

Always choose the pharma exporter for Venezuela, which provides you with a huge range of promotional tools like Bag, Catch covers, MR Shirt, Bottle, Prescription Pad, Brochures, Literature, Visual Aids, Visiting Card, etc. as these materials help you in the growth of your pharma business. They are one of the costly tools used in the business but working with the right company provides you with them free of cost.

Essential Tactics to make your partnership a success

Early Contract Structure Evaluation

Pharma companies for Venezuela generally don’t have a legal team at their disposal, and legal fees may be frustrating for them, but partnering with pharma exporters from India needs to be fully examined from the beginning. Examining the pharma contract structure early and making changes as required is essential since the contract is the written record of the least expectations of the partnership.

Clear Communication

Just like interviewing candidates for a job, partnering companies for Venezuela look for pharma companies in India that they think will be easy to work with. One major key factor in that is good communication skills. Communicating everything early often helps ensure that your needs and expectations can either be met or modified. As leading pharma companies in India work with numerous pharma companies across the world, they understand the types of difficulties that the pharma companies encounter. Clear communication will help you partner with a pharma exporter from India smoothly both during negotiations and during the partnership.

Point Person

Having one point of contact from a pharma company is essential. This decreases the chances that a message will be overlooked when it is sent to the wrong person. The time and effort that partnerships demand to manage means that a pharma company for Venezuela may need to give most or all of a person’s time to this project.

JoinHub Pharma – Collaborate With The Best Indian Pharma Company for Venezuela

If you’re looking for the best company for the pharmaceuticals business, then JoinHub Pharma is a popular EU GMP certified pharma company in India that has been in the industry for many years now and has created a huge client base for them by delivering a quality certified range of drugs in the market.

Our pharma product range is made with complete accuracy and with the help of enriched chemicals. With a tremendous experience in pharmaceutical manufacturing and marketing, we have been pioneers even in marketing and promoting our pharma products through various channels all over the world.

Partner with JoinHub Pharma and grow your pharma business in Venezuela.

Simply drop us a line at [email protected], and our experts will be in touch with you soon.

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.

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