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

These special 5 tips for women to always stay fit, stay healthy and healthy

Image
Image Envato Dt. 18 October 2023, Wednesday always fit and healthy women: Nowadays, women are contributing in every field and along with that, women have also made a prominent identity in various fields. It is also worth noting that the life of women is very stressful. Sometimes she takes on all kinds of responsibilities like daughter, daughter-in-law, mother-in-law, grandmother. A woman who is constantly active sometimes cannot maintain her health. In which she sometimes predicts minor and major illnesses. 1. Be free from worries According to experts, women should not worry wrongly. Due to this it affects his body and mind. It is not good to worry about small things at home. Excessive stress can increase the risk of infertility, depression, anxiety and heart disease. You can maintain good health by doing meditation and yoga to reduce stress. 2. Keep walking for at least 20-30 minutes daily You don't need to spend hours in the gym regularly to keep your body healthy. Instead...
Read more

Beware of excessive ginger consumption in winter, know its side effects

Image
Image Source: Freepik Ahmedabad. 09 February 2024 Friday Ginger is used in almost every Indian household. No dish or tea tastes incomplete without ginger. This is the reason why ginger is needed in Indian kitchens. Apart from enhancing the taste, it is also very beneficial for health. Apart from boosting our immunity, ginger also helps in relieving many health problems but it is said that some things can be very harmful. Same with ginger. Consuming it in excess can cause many health problems. If you are one of those people who often like to drink more ginger tea or eat more ginger, then know its disadvantages. Lowers blood sugar levels According to some studies, ginger can help lower blood sugar levels, which can be beneficial for diabetics. However, if you eat ginger with diabetes medications, there may be excessive hypoglycemia in which blood sugar levels drop abnormally. Digestive problems Excessive use of ginger can cause digestive problems. Symptoms may include heartburn, ...
Read more

Iced Green Tea: Apart from providing relief from heat, this drink also helps in weight loss

Image
Image Source: Freepik Ahmedabad. 23 May 2023 Tuesday Many parts of the country are currently experiencing scorching heat. Rapidly rising temperatures have made life difficult for people. The Meteorological Department has also announced a heatwave alert amid the continuously rising temperatures. Meanwhile, to get relief from the heat, people drink some drinks and juices to keep the body cool. Apart from providing relief from heat, iced green tea is also very beneficial for health. This tea helps to flush out toxins from the body along with weight loss. Benefits of Iced Green Tea - Iced green tea contains elements like polyphenols and anti-oxidants that flush out toxins from the body and make it toxin free. - The amino acids present in it are very beneficial for brain function. - This chilled drink is also very good for your metabolism. - If you drink this tea after working out, it helps in weight loss and fat burning.
Read more

Against the most unusual feature of Omicron came, do not ignore

Image
- If you are not feeling hungry with some other symptoms then you should consult a doctor or an expert and then get a covid test done. New delhi date. Monday, January 03, 2022 Scientists around the world are gathering new information about Omicron. The WHO also warns that Omicron corona virus spreads faster than any other variant. According to experts, the number of cases is likely to increase due to negligence in not paying attention to the symptoms. This is why health experts are advising people not to ignore any of the symptoms. Doctors have reported an unusual symptom of Omicron that people usually do not pay attention to. An unusual feature of omikron The most common symptoms of corona include loss of taste and smell, fever, sore throat and body aches. However, not all patients with Omicron have such symptoms. Based on the data so far, the scientists said that only 50 per cent of corona patients are experiencing fever, cough and taste-deficiency deficiency. However, a specia...
Read more

Reiki: In addition to healing, it is also useful for finding lost things and getting the desired results

Image
- Reiki therapy can help a person recover from his or her past trauma - Reiki should be taught if you want peace of mind, happiness and change in life Ahmedabad. 02 April 2022, Saturday Reiki is an ancient form of healing that originated in Japan. Reiki is one of the most powerful healing methods. Reiki also helps one to know oneself better. Reiki works on the basis of global energy and purpose. Negativity and negative energy can be turned into positivity and positive energy with a specific purpose. Everything is made of energy. Even a small thought born in our brain is energy. Energy is magnetic and has its own frequency (a kind of movement). It vibrates according to its own frequency. Anything can be achieved when a person focuses on the vibration of a particular object. Reiki success lies at the root of one's faith or the purpose for which it is practiced. Reiki is not only for healing but also for finding lost things like jewelry, documents, money etc. In addition, Reiki...
Read more

Every year 20 million people worldwide get sick from the effects of pesticide poisoning

Image
New York, Monday, January 17, 2022 The use of pesticides to increase crop production in agriculture is increasing. To prevent crop damage from diseases and pests, 20 million people get sick from the effects of slow pesticide poisoning, which causes vomiting, diarrhea, dizziness and various nervous system problems. The heart, lungs and kidneys are severely affected. There is no doubt that pesticide toxins are mixing in drinking water and the entire food chain. Asia, America and Africa are not far behind in the use of pesticides. Most of the farmers or farm laborers are spraying pesticides without masks or other protection so more than 11000 farmers fall victim to pesticides every year. This figure does not include farmers who commit suicide by taking drugs. Insecticides are used to kill certain diseases or pests, but they also affect useful plants, herbs, and insects such as bees that work in pollination. Pesticides were responsible for killing good bacteria in the stomachs of butte...
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

Despite Corona Report Positive, 85% of Patients Have Symptoms Absent?

Image
Corona virus infection is rarely found everywhere in the world, but the symptoms of the Covid-19 disease caused by the virus remain a mystery. Physical symptoms have not been seen in corona-positive patients for some time. This may be a good thing for the patient, but it greatly increases the likelihood of transmission of the corona virus. Therefore, the only solution is to report such silent patients and provide treatment. Talking about Maharashtra in India, there have been many patients with no symptoms like cold, fever. So far, more than 2 million coronary infected patients have died in the state of 160 lakh. A dossier has been prepared on the transmission of corona virus in Maharashtra, with consequences that are quite shocking. One fact that has emerged with the unanimous consent is that in 85 to 90 percent of patients, symptoms such as cold, fever and shortness of breath are very mild. According to the Public Health Department, however, the death rate due to corona virus is 6...
Read more

In the WHO's Presidential Quarantine, Corona's patient was contacted

Image
- Announced himself on social media on Sunday - although he also claimed to have no symptoms of corona New York, Ta. Monday 2 November 2020 "I am in quarantine after coming in contact with a patient in Corona," said Tedras Adhnom, director general of the World Health Organization (WHO). However he also claimed that not a single symptom of corona was found in my body. "I came to the quarantine myself when I was informed that I had come in contact with a patient who had been a victim of Covid 19," Adhnom wrote on social media on Sunday. However not a single symptom of corona has been seen in my body yet. He called upon mankind to heal in this epidemic by following the instructions and guidelines given by the doctors so that the epidemic could be brought under control. Forced to stay in quarantine for at least 14 days after coming in contact with a corona. We all need to take precautions to reduce the workload on the health care system. Adhanom further wrote tha...
Read more

Approval to set up oxygen plants in 162 hospitals of the country to alleviate the shortage, 3 will be done in Gujarat

Image
New delhi date. 18 April 2021, Sunday The second wave of corona has taken a dangerous turn, causing a shortage of oxygen for the treatment of corona patients in the country's hospitals. On the one hand, the central government has decided to import oxygen from abroad to meet the demand, while on the other hand, it has approved the setting up of 162 oxygen plants in hospitals in various states of the country. The plant will be able to produce 154 metric tons of oxygen and hospitals will not have to depend on outside oxygen supply. The Union Health Ministry said that 33 of the approved plants have already been set up. Five plants have been set up in Madhya Pradesh, four in Himachal Pradesh, three each in Gujarat and Uttarakhand, two each in Bihar, Karnataka and Telangana. One plant each has been set up in Andhra Pradesh, Chhattisgarh, Delhi, Haryana, Kerala, Maharashtra, Pondicherry, Punjab and UP. On Friday, PM Modi held a meeting to review the state of oxygen supply in the coun...
Read more