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

What should be your weight according to your age and height, as per the doctor's report

Image
Image Envato Dt. 13 April 2023, Thursday Our body weight and length also have certain proportions. By which one can also see whether a person is healthy. It is important to know how much body weight should be according to age and height. And for that everyone has a question. Because as the age of a person increases, his weight should also increase in a proper proportion. Against a height of 4 feet 10 inches, your ideal weight should be between 41 to 52 kg. There is no such rule regarding weight according to height but according to a doctor in New Delhi there is a certain measurement for height and weight. For example if your height is 4 feet 10 inches then your ideal weight should be 41 to 52 kilos. Similarly if your height is 5 feet then a person's weight should be between 44 to 55.7 kg. And if your height is 5 feet 2 inches then your weight should be between 49 to 63 kg, If the height is 5 feet 6 inches, the weight should be between 53 to 67 kg So if your height is 5 feet ...
Read more

Learn about the health hazards of ajinomoto used in junk food

Image
Image Source: Freepik Ahmedabad. 13 December 2023 Wednesday In modern lifestyle people eat a lot of junk food. Ajinomoto is used in these packaged and junk foods. This ajinomoto is a type of salt. This works to enhance the taste of food. Ajinomoto salts are also called monosodium glutamate. It is of white crystal color. Ajinomoto is high in amino acids. Ajinomoto was invented in 1909 by Japanese scientist Kikunai Akeda. It is also known as Umami Taste. Ajinomoto is also known as Ashes of Taste. In what type of food is Ajinomoto used? Ajinomoto is used in Chinese food such as noodles, fried rice and Manchurian. Ajinomoto is used in junk food like pizza, burgers and maggi masala. Also it is used in sauces like tomato sauce, soy sauce. It is also used in packaged foods such as chips. Affects the nervous system Ajinomoto present in Chinese food affects your nervous system. It affects the nerves and increases the risk of brain damage. The glutamic acid found in it works like a neurot...
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

Taking Meftal for pain relief? So be careful, the government has issued a warning

Image
Painkiller Meftal: Meftal spas used for pain relief are used in almost every household. In this regard, worrying news has now come to light. The Indian Pharmacopoeia Commission (IPC) has issued a warning regarding Meftal. It is stated that the mefenamic acid found in Meftal causes dangerous side effects. Consumption of this drug may cause eosinophilia and systemic symptoms syndrome. A pain reliever made from mefenamic acid is used to treat gout, bone disease osteoarthritis, period pain in girls, general pain, swelling, fever and toothache. The IPC, in its safety alert, said DRESS syndrome was identified through an initial analysis of Meftal's side effects through the Pharmacovigilance Program of India (PVPI) database. Indian Pharmacopoeia Commission (IPC) issued a drug safety alert about Meftal painkiller, stating that its constituent, mefenamic acid, can cause adverse reactions pic.twitter.com/MHcfyoTLuI — ANI (@ANI) December 7, 2023 What is DRESS Syndrome? DRESS syndrome ...
Read more

Be careful even if you don't have a fever-cough, these are the dangerous symptoms of the new strain of the corona

Image
- The new strain of Covid-19 can trigger ear problems New delhi date. Saturday, April 10, 2021 More than one lakh new cases of corona are coming up in India every day. Colds, coughs, fevers, loss of test-smells were common symptoms of this deadly virus. But in the midst of the outcry of the new strain, many new symptoms are also emerging. So let us know how different the features of the new strain of Corona are from the old variant and how to identify it. Redness in the eyes According to a recent study in China, the new strain has some special features. In newer variants of the infection, the man's eyes may turn light red or pink. In addition to redness in the eyes, there are also complaints of swelling and watery eyes. Ear problems According to the International Journal of Audiology, the new strain of Covid-19 could trigger ear problems. The study found this problem in about 56 percent of people. Problems associated with the stomach Researchers have also mentioned a compl...
Read more

Corona of TB patients and why TB test of corona patients is necessary?

Image
New Delhi, 28. August, 2020, Friday Coronavirus has killed more than 20,000 people in India. However, like corona, TB is far ahead in the death toll compared to TB. TB is even more dangerous than corona as 1,200 people die every day in India due to tuberculosis, although corona is not cared for as much. However, treatment and medication are available after TB screening, while research into a coronavirus vaccine is still ongoing. The number of TB patients has dropped dramatically in the last six months. However many believe that the number of TB patients is due to the implementation of the lockdown. The transmission of the novel virus corona is further emphasized by health workers. In such circumstances, the government has decided to take TB seriously and test it. TB and covid-12 are both contagious diseases that attack the lungs. Both have similar symptoms such as cough, fever and shortness of breath. However, the incubation period of TB is longer and the rate of onset of symptoms ...
Read more

If you also want to reduce the increasing weight, then include this one thing in the diet for a month

Image
Image Source: Twitter Ahmedabad. 01 March 2024 Friday Unhealthy diet, poor lifestyle and lack of health care gradually increase obesity. Once the weight is gained, it is not easy to lose it. Obesity not only spoils your body but it can cause many diseases. According to experts, obesity can lead to diabetes, hypertension, heart disease, coronary artery disease, fatty liver and high cholesterol. Meanwhile weight loss is most important. If obesity is not reducing even after exercise, then include oatmeal in the diet for a few months. By eating dalia, fat on the body starts to decrease easily. The special thing is that even if you eat a lot of porridge, it reduces obesity. Oatmeal, rich in fiber, is considered very beneficial for health. The results of oatmeal for weight loss are amazing. You just have to follow this diet for a month. Make porridge like this to lose weight You will need ingredients like wheat, bajri, mung dal, rice, sesame and ajma to make the beneficial porridge for...
Read more

Learn about the benefits of watermelon and the right time to consume it ...

Image
New delhi date. 06 March 2021, Saturday The summer season has arrived. Eating watermelon would be a good option to cool the body. But if you are thinking that watermelon only relieves heat, and should be consumed at any time. So this is not right. As well as relieving this heat, it is also beneficial for our health in many ways. Watermelon contains many nutrients like Potassium, Riboflavin, Iron, Calcium, Zinc, Fiber, Niacin, Iron, Vitamin-A, C, B and Lycopene, which work to keep our health healthy. Learn how to keep this body healthy. Benefits and what is the right time to consume it. Beneficial for the heart By consuming watermelon or drinking its juice, bad cholesterol can be prevented in the body. Which is the biggest cause for heart problem. A substance called citraline found in it helps in overcoming the problem of atherosclerosis of the heart. Keeps the digestive function healthy Watermelon is high in fiber and water. Both of these things help to keep digestion in order. I...
Read more

Consuming these 4 pulses is a boon for health, helps in rapid weight loss

Image
Image Source: Freepik Ahmedabad. 16 September 2023 Saturday Nowadays most of the people are troubled by increasing weight. The biggest reason for this is unhealthy lifestyle and improper diet. People make all kinds of efforts to get rid of this. Meanwhile, if you consume some pulses, they contain some nutrients that help you lose weight faster. Apart from this, this dal is helpful in keeping eyes, skin, hair etc. healthy. These include mung beans, tuwer dal, gram dal and lentil dal. How to reduce weight by including pulses in diet Nutrient present in dal Mung beans, chickpeas, chickpeas, and lentils contain a variety of nutrients, with protein being the highest. This gives energy to the body. Apart from this, dal is also a good source of dietary fiber, magnesium, copper, potassium and iron. This is the reason why experts advise to include it in one's diet. Can get rid of many diseases Eating pulses which are rich in many nutrients can cure many diseases. Bad cholesterol is ...
Read more

Due to deficiency of this vitamin in the body, memory becomes weak

Image
Image Source: Freepik Ahmedabad. 20 October 2023 Friday Vitamins are very necessary for the body. Each vitamin has its own strength. This is why it is advisable to include green leafy vegetables, seasonal fruits in the diet. Like every vitamin, Vitamin B1 is also essential for health. Many studies have found that vitamin B1 plays an important role in maintaining the health of the heart, apart from the nerves and muscles. Vitamin B1 is also known as Thiamine. It works to facilitate the metabolism of glucose in the body, the functioning of the nervous system and muscles. Deficiency of this vitamin can cause many problems. Meanwhile, consumption of certain foods can compensate for vitamin B1 deficiency. Why is vitamin B1 deficiency dangerous? Vitamin B1 is a water soluble vitamin. This vitamin keeps the body active by converting carbohydrates into energy. Deficiency of vitamin B1 leads to the risk of a disease called beri beri. This disease may have peripheral nervous related disorde...
Read more