Made by GARIMA MANTRI

PHARMACEUTICAL

Meaning of PHARMACEUTICAL is• relating to medicinal drugs, or their preparation, use, or sale.• a compound manufactured for use as a medicinal drug

Overview of the Industry The Pharmaceutical industry is the part of

the healthcare sector that deals with medications.

The main goal of the pharmaceutical industry is to provide drugs that prevent infections, maintain health and cure diseases

 This industry directly affects the Global population, so a number of International regulatory bodies monitor things like drug safety, patents, quality and pricing

POPPY PLANT

QUININE PLANT

CROCUS

Type of Industry

Pharmaceutical Industry is a Quaternaryindustry

Quaternary industry (The sector of industry that involves the

intellectual services: research, development, and information. It is considered the fourth basic industry.)

Nature of the industry The total turnover of India's pharmaceuticals industry

between 2008 and September 2009 was US$21.04 billion.

 The domestic market was worth US$13.8 billion in 2013

 Two-thirds of the value of medicines produced globally is accounted by firms with headquarters in just five countries - the USA, Japan, Germany, France and the UK.

  

Sub – Industries

Biotechnology R & D industry

Chemical Industry (Raw material provider)

Pharmaceutical industry in India

  The pharmaceutical industry in India

ranks 3rd in the World terms of volume and 14th in terms of value

In terms of the global market, India currently holds a modest 1-2% share, but it has been growing at approx 10% per year.

Hyderabad, Mumbai, Bangalore & Ahmadabad are the major pharmaceutical hubs in India 

 Global Scenario

In 2001, worldwide revenue was around 390.2 billion U.S. dollars.

  In 2013 Global Pharmaceutical markets

generated revenues of $ 980.1 billion  The Global Pharmaceutical Industry

was worth an estimate $ 1 trillion in 2014

Growth of Pharmaceutical Industry in next 5 years

The Indian pharma industry, which is expected to grow over 15 percent per annum between 2015 & 2020, will outperform the global pharma industry, Hich is said to grow at an annual rate of 5 percent between the same period.

The market is expected to grow up US $ 55 billion by 2020, thereby emerging as the 6th largest pharmaceutical market globally

Contribution of Industry in India’s GDP

Pharmaceutical Industry contributes US $ 6 Billion in India’s GDP

Factors affecting the growth of the Industry

Economic factorsInterest rate change, currency strength, FDI’s,

Political factors Govt. Interventions, Rule change in

patenting, trade restrictions, labor laws

Social FactorsConsumer Perception, health conscious people,

age distribution etc.

Government regulations ( Acts)relevant to the Pharmaceutical

Industry The Pharmacy Act, 1948 is meant to regulate

the profession of Pharmacy in India  The Narcotic Drugs and Psychotropic

Substances Act, 1985 is an act concerned with control and regulation of operations relating to Narcotic Drugs and Psychotropic Substances

The Drugs & Cosmetics Act, 1940 regulates the import, manufacture, distribution and sale of drugs in India. 

Future Trends Virtual R & D Operating in a more connected world, industry in

collaboration with researches, governments, healthcare payers and providers, can address the changing needs of society more effectively.

Agile Pharmaceutical  Companies will need to demonstrate that their

brand adds value to patients and they will have to offer a package of products and health services that the market not only wants and needs but is willing to pay a premium for

Conclusions / Learning

In-depth knowledge about a particular Industry. 

Knowing the modus operand of the allotted industry.

  Knowing the fascinating future trends.

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