CLOSE

Many foreign drug manufacturers may close down in India soon, this is the reason


Foreign Pharmaceutical companies are on the verge of closure: Swiss pharma company 'Novartis' has made a special announcement on 16th February. Some things are listed under this advertisement. A strategic review of Novartis India Limited has been initiated. Based on which it can stop the production of drugs in India. In which its share in the subsidiary company is being evaluated. Just three months ago, UK major AstraZeneca also announced that it may stop drug manufacturing in India based on the Global Strategic Review.

Companies reduced manpower and operations

Pharma companies such as Pfizer, Sanofi, AstraZeneca and GSK have cut manpower and operations in key functions such as manufacturing, sales and marketing over the past few years. Some of these companies have a legacy of over 100 years. So these companies were longing for the lead in India some time ago and why are they closing down now?

Increasing competition and patents

India is a market of more than 2 lakh crores. Among them are some of the most serious health challenges, but increasing competition and high operating costs have forced multinational companies to rethink their strategies. From the earlier strategy of manufacturing in India, they have shifted to licensing and marketing agreements. Over the years, Novartis, Roche, Eli Lilly and Pfizer have partnered with local companies such as Torrent, Lupine, Cipla and Glenmark for treatments.

May also impose compulsory licensing

Some multinational companies are concerned about India's intellectual property regime due to disincentives to perpetuate patents. It also allows another party to manufacture the drug without the patent owner's consent. Without exiting the country entirely, they are reducing risk by trimming portfolios and avoiding new investments. Compulsory licensing can also be imposed to prevent all this.

Comments

Post a Comment

Popular posts from this blog

There will be a gap of 3 days between the first and second dose of the vaccine: Gularia

Image
New Delhi, Dt The corona vaccine is eagerly awaited in India and a panel of experts approved the Oxford-AstraZeneca vaccine at a meeting on Friday when AIIMS director Dr. Randeep Guleria said that a gap of 3 days between the first and second dose of the vaccine is safe. Dr. "As chair of the committee of experts, we have developed various criteria for vaccination on a priority basis, according to which frontline warriors, including doctors, nurses and police who are most at risk in the fight against corona, will be vaccinated first," Guleria said. The government plans to vaccinate more than 200 million people in India in six to eight months. In addition to frontline warriors, people with diabetes, terminal illness, and respiratory illness will be vaccinated first. He added that if a person has diabetes, but it is under control and a person has been on insulin for 10 years, a patient with more severe diabetes will be vaccinated first. In addition, the dose of Corona vaccine
Read more

After Corona, now the entry of this new virus in India, its effect will be seen especially in children

Image
Kerala, 24 January 2023, Tuesday In Kerala today, a new variant of Corona is coming across, the system has become alert there. The name of this new virus is norovirus. As two new cases of Norovirus have been reported in Kerala, Kerala Health Minister Veena George said that there is no need to worry but some caution is required. While the effect of this norovirus is seen more in children, the condition of both the norovirus patients reported in Kerala is also improving. What is norovirus?? This flu-like virus is also known as stomach flu. This is a very fast spreading infectious virus. This virus directly affects the digestive system. The main symptom of this infection is diarrhea and vomiting. This is why this virus is also known as stomach flu. The infection of this disease is mostly seen in children. Norovirus is a disease caused by eating stale or falling, old food. According to a research, since there are many types of norovirus, everyone can get norovirus infection several ti
Read more

Monkey Pox has spread to 21 countries, this country of Europe has become the AP center

Image
London, May 28, 2022, Saturday After Corona, now Monkey Pox has become a threat to the world. Although not considered as dangerous as the corona virus, the World Health Organization and now the Indian Medical Council of Medical Research (ICMR) have issued a precautionary warning. The ICMR believes that young children are at higher risk of developing monkey pox. It is therefore important to pay special attention to children. Monkey pox is not a sexually transmitted disease. However, approaching a person during sex can spread the disease. The World Health Organization (WHO) believes that skin-to-skin and face-to-face and sexual contact with people with symptoms of monk pox should be avoided. Symptoms of monkeypox mainly include rashes on the body, chills and fever. Headache, muscle pain and fatigue. However, not a single case of Monkey Pox infection has been reported in India so far. Yet all precautionary measures are being taken. On the other hand, an RT-PCR test kit has been develo
Read more

The young woman who was considered the first corona patient in India again tested positive for corona

Image
Thrissur, July 13, 2021, Tuesday The first positive case came to the notice of a medical student from Kerala when the Corona transition began in India. Corona virus spread from Wuhan, China to the rest of the world. Similarly, this young woman also came from Wuhan, China to her hometown Thrissur. Corona, a medical student, was found to be positive when the test was conducted with a special focus on students and tourists from Wuhan. This marked the beginning of the Corona transition in India. According to the Kerala Health Department, the girl, who is the first case of corona in India, has contracted corona again after a year and a half. Thrissur's DMO doctor KJ Reena told PTI that the girl had contracted corona again. Its RTPCR is positive while the antigen is negative. However, there is no need to worry as Kovid-12 does not show any special symptoms. According to health officials, the girl was tested for corona as she wanted to travel from Thrissur to Delhi. She tested positi
Read more

Will the millions of corneas turn out to be corona if intimate testing takes place in the world?

Image
Berlin, April 17, 2020, Friday More than 21 million people have been infected with corona virus. There are an increasing number of cases of 50 to 60 thousand cases per day. Germany's Gyantingen University study claims that millions of people with coronary infections will still grow when Europe or Africa, Asia, or the United States is forced to live in a state of lockdown in a lockdown. Not only this, the number of positive cases of corona can exceed billions if performed in close testing. According to data from these German researchers, only 6 percent of coronary virus patients in the world are still noticed, more than 10 times the original number. This estimate is based on statistics on the coronary virus's mutation and onset of infection. Development Economics Professor Sebastien Folmer believes that based on the results we have, the governments and policy makers of the country should be careful and organized. Official and accurate statistical data do not come out due to
Read more

There are two important tests that will help prevent a heart attack, and it is imperative to get them done on time

Image
Image Source: Freepik Ahmedabad. 21 February 2024 Wednesday Heart Attack: The risk of heart attack is increasing day by day. From normal to special people are surrounded by the risk of heart attack. Meanwhile some changes need to be made. Apart from changes in lifestyle and food, it is also important to know how healthy your heart is and how it is working. Experts believe that if these two types of tests are done at the right time, it can predict the health of the heart. Due to which the risk of heart attack can be avoided to some extent by proper prevention and treatment. These two tests can be done at any age. By which the risk of heart diseases can be avoided. CT angiography test A cardiologist advises a CT angiography test to assess the health of the heart. A heart expert on Instagram advises getting the test done at any age. One of which is the CT angiography test. With the help of this test, any kind of problem in the blood vessels can be found. With the help of this test,
Read more

Learn about the tremendous benefits of drinking coriander water on an empty stomach in the morning ...

Image
New delhi date. 08 October 2020, Thursday Coriander is widely used in India, whether it is made from coriander leaf sauce or added to vegetables to enhance its flavor. Coriander is also widely used as a spice. In fact, coriander is considered to be rich in medicinal properties. Its consumption can be helpful in protecting you from many diseases as well as keeping you healthy. In addition to coriander or spices, coriander water is considered to be just as useful. This agave is considered as a cure especially for thyroid and weight loss. Find out the benefits of drinking coriander water in the morning ... Coriander water improves digestion Coriander water helps in eliminating digestive problems. This helps in controlling the digestive fire and preventing the level of acidity in the stomach from rising which helps in eliminating the problems associated with digestion such as abdominal pain, inflammation, gas etc. Coriander water helps in weight loss Coriander water also helps in weig
Read more

After the age of 25 every girl should include this food in her diet, health will be healthy

Image
Image Source: Freepik Ahmedabad. 13 September 2023 Wednesday The age of 25 is when the coming and going of studies, career, marriage etc. becomes an important part of life. Some girls at this age are pursuing their masters degree, some are doing jobs, some are preparing for competitive exams. Meanwhile, the daily routine of some girls is very difficult due to running. It is also very important to take care of your health in a busy lifestyle, so girls should include some things in their diet that keep their health, balance hormones, stay energetic and also prevent mood swings during periods. Healthy carbohydrates Carbohydrates are the primary source of energy. Women have more fat cells than muscles, due to which they gain weight quickly. If girls continue to be physically active from the beginning, their body fat will not increase as fast. So to keep the body energetic, complex carbohydrates should be consumed to get energy for the workout. Complex carbohydrates include whole grai
Read more

Swami challenged the appointment of Dr. Vijay Raghavan

Image
-Raghavan was made an advisor in the Prime Minister's Office -Swami's allegation of being in a bat project in Wuhan, China New delhi date. Saturday 2 January 2021 The appointment of Dr Vijay Raghavan as Chief Scientific Adviser to the Prime Minister's Office was challenged by BJP MP Dr Subramaniam Swamy. Swamy alleged that the same doctor Vijay Raghavan was also one of the bats project in China's Wuhan province that spread the corona virus worldwide. Raghavan is a molecular biologist. Swamy said how can a person who is in a bat project in Wuhan province and from where the corona virus has spread all over the world be taken as the chief scientific adviser in the Prime Minister's Office. Swamy further alleged that Raghav had asked Chinese scientists to experiment on bats by digging up cobras without the permission of the Indian government. This is not the first time Raghavan has come to the center of controversy. This scientist has been at the center of controv
Read more

Yogurt or buttermilk: What is beneficial for the body in scorching heat? Know the facts

Image
Image Source: Freepik Ahmedabad. 19 May 2023 Friday Yogurt is consumed with meals in almost every Indian household. It keeps the body cool but have you ever thought that buttermilk, which is made from curd, can be the best to keep the body cool in the heat?. According to Ayurveda, buttermilk is not only good for good digestion, but it is good for the body in every way. It is believed that curd leaves a warming effect on the body, while buttermilk is cooling in nature. 1. Yogurt and whey are both probiotics that keep the gut bacteria healthy but whey is better for digestion. Whey is a powerhouse of healthy probiotics, vitamins and minerals that keeps our body temperature down in extreme heat. You can drink a glass of cold whey to rejuvenate the body's energy and keep the body cool naturally. Cumin powder, pink salt and ginger can be used in it to make it more effective in digestion. 2. If your digestion is fast and your digestion is good then you can take full fat yogurt for we
Read more