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

Students and teachers need to be aware of this to avoid coronavirus

Image
New delhi date. 22 September 2020, Tuesday The Government of India has announced guidelines for partial reopening of schools on a voluntary basis for Std-9 to 12. According to the guidelines issued by the Home Ministry, students can visit their school to seek guidance from their teachers by getting written permission from their parents. The Union Ministry of Health and Family Welfare has issued guidelines for all students and teachers to reduce the risk of transmission of COVID-19. But keep in mind that students can decide to go to school of their own free will. Students must have written permission from their parents if they decide to go to school. It is very important for students and teachers going to school to keep these 10 things in mind to protect themselves from the corona virus and to make sure that it does not happen to others. 1. Admission to school should be planned in such a way that social distance is maintained between teacher and students. 2. The use of face masks o...
Read more

Learn ... how RT-PCR, antibody and antigen tests of corona virus are different

Image
New delhi date. 12 July 2020, Sunday Actor Amitabh Bachchan and his son Abhishek Bachchan tested positive for Corona virus in a rapid antigen test. However RT-PCR testing is also required for a complete diagnosis of coronary infection. Maharashtra Health Minister Rajesh Tope said the entire Bachchan family was swabbed after Amitabh and Abhishek Bachchan corona tested positive in the rapid antigen test and also underwent an RT-PCR test. Aishwarya Rai and her daughter Aaradhya also tested positive for RT-PCR today. The RT-PCR test (Real-time reverse transcription-polymerase chain reaction) is called the gold standard frontline test for the identification of corona transitions. So let us know what is the difference between Rapid Antigen test, Antibody test and RT-PCR test. Rapid antigen test Rapid antigen test is an out-of-laboratory test that is done to find out the result of the test immediately. Covid-19 is a disease caused by the SARS-CoV-2 virus. This test takes a swab from the...
Read more

Eating these 4 foods is bad for mental health! Stop eating from today

Image
Image Source: Freepik Ahmedabad. 08 January 2024 Monday Our diet should always be healthy to avoid diseases. What we eat has a direct impact on our mental health. There are certain things that directly worsen mental health. Sweet things It is very important to eat and drink properly. You should stay away from too much sweet stuff. Eating it has a very bad effect on our brain. Caffeine Caffeine is not good for the body at all. This increases your stomach related problems. Anxiety and depression can also occur. Foods with high fat You should always stay away from high fat food. This increases body fat. Brain veins also become weak. Processed food Processed foods can cause inflammation in the body and brain. Eating it also keeps the stress level.
Read more

Neem leaves are helpful in diseases ranging from cancer to diabetes

Image
New delhi date. 21 September 2020, Monday Neem leaves are very beneficial for our health. This helps reduce inflammation in the body. Keeps the liver and heart healthy and strengthens the immune system. Neem is a tree whose bark, leaves, twigs, sticks etc. are all considered very beneficial in terms of Ayurveda. Neem leaves in particular have medicinal properties. Getting up every morning and eating 5-6 neem leaves on an empty stomach is very beneficial for your body. Which can save you from many serious illnesses. Learn about its benefits ... Cancer prevention Cancer is one of the major diseases in the world at this time, causing millions of deaths every year. Neem leaves contain special antioxidants, which prevent cancer cells from growing in the body. That is why by taking 4-5 neem leaves every morning, you can avoid serious and deadly diseases like cancer. Increased immunity There is no need to take very expensive drugs or supplements to boost immunity. You can wake up every ...
Read more

Plasma therapy for the treatment of corona was discontinued in the country

Image
New Delhi, May 16, 2021, Tuesday The most talked about plasma therapy for the treatment of corona has been discontinued. Ever since the onset of the corona epidemic, patients have been healed by plasma therapy by inspiring people to donate plasma. Many positive patients donated plasma after recovery. Which was used to treat a positive patient with a plasma corona. Demand for this specialty has grown significantly as a result of the Corona epidemic. However now health experts believe that plasma therapy is not particularly effective. According to the information received, some time ago some doctors and experts had written a letter to scientific advisor Vijayaradhavan calling the plasma therapy adopted for the treatment of corona irrational and unscientific, warning that this therapy is not currently based on treatment guidelines and evidence. The letter was also sent to ICMR President Balram Bhargava and AIIMS Director Randeep Guleria. New guidelines for the treatment of corona posi...
Read more

Why is it necessary to wear supporter in the gym? Know the reason

Image
Image Source: Freepik Ahmedabad. 09 December 2023 Saturday Today everyone has become aware about fitness. Everyone knows that being fit is very important for a healthy life. Meanwhile, some people keep themselves fit by doing yoga, while some people keep themselves fit by going to the gym. However, today the number of people going to the gym is more than yoga. Why do you have to wear a supporter? You may also have heard that a supporter is needed when lifting heavy weights. Meanwhile the question is why a supporter is needed when lifting heavy weights after all. Do you know about this? Is the body in control Supporters are needed while lifting heavy weights as these lifts put pressure on our muscles and other body parts. It helps our backbone, waist and legs so that we can lift and control the weight properly. A supporter stabilizes the body while lifting weights. A supportive supporter also helps maintain proper posture and weight. Disadvantages of not wearing a supporter If ...
Read more

Immunotherapy-based clinical trials have cured cancer in all 14 patients, raising new hopes

Image
New York, Thursday, June 9, 2022 All 14 cancer survivors involved in a clinical trial at a cancer center in New York's Memorial Salon Catering have been diagnosed with cancer. He was given a drug based on immunotherapy on an experimental basis. The study was published in the New England Journal of Medicine. According to the published details, all the 13 patients were suffering from anal cancer. Patients were given the dose every three installments. The experiment lasted for 6 months. The doctors involved in the experiment believed that the patient would then need known treatments such as chemotherapy, radiation therapy and surgery. However, after 6 months, the researchers noticed that all the patients involved in the experiment had had their cancer eradicated. Many clinical trials have taken place, but all the patients involved in the experiment were diagnosed with cancer for the first time. This change in the body of cancer patients has raised great hopes. This is probably the...
Read more

If you are also suffering from back pain, then consume these 4 foods, you will get relief

Image
Image Source: Freepik Ahmedabad. 28 August 2023 Monday In today's time, most of the people are very troubled by the problem of back pain. This pain is more common in women. However, the cause of back pain is lack of nutrients in our body, irregular lifestyle, lack of exercise, constant sitting in front of the screen in the office. Nowadays, back pain and back pain problems have become common among people. Another common cause of back pain is sitting in front of the computer for hours in the office and working in the wrong position. Constantly living this kind of lifestyle is increasing your problem. For this you need to correct your unhealthy eating habits. 1. Omega-3 fatty acids Include foods rich in omega-3 fatty acids in your diet to get relief from back pain. Consuming foods rich in omega-3 fatty acids will give you great relief from back pain. For this you can add almonds, walnuts, chia seeds, flax seeds to dry fruits. Also, consuming fish will also replenish your body w...
Read more

Does a cold cause stomach ache? Know the cause and its symptoms

Image
Image Source: Freepik Ahmedabad. 22 December 2023 Friday Stomach related problems start to increase as the temperature rises in winter. This is due to cold in which the drop in temperature starts to affect the stomach's functions and slow down the digestion. It slows down the bowel movement along with the stomach and causes digestive problems. Also, colds often start to cause bacterial and viral illnesses. Due to which the disease of food poisoning and gastroenteritis starts to occur. It causes many symptoms in the body. Stomach cold symptom - At first there is a sharp pain in the stomach with discomfort. - Stomach upset and obesity problem. - Vomiting occurs and may cause dehydration in excess. - Digestion may be affected and stomach pain may be felt for a long time. - Pain in the muscles - Nausea - Food poisoning may occur. - Conditions like unbalanced blood sugar may be faced. - Headache and fever may also occur. Remedies for a cold in the stomach 1. Drink asafoet...
Read more

If you are a tea drinker then know these special things, otherwise a sip of tea can be expensive.

Image
Ahmedabad. 23 March 2023, Thursday We all start our day with a sip of tea. Drinking tea makes the body feel like it is sitting lazily. And thus tea is an integral part of our life as if unconsciously. It seems as if the day does not start without tea, so we see tea bags in every house. If you are also fond of drinking tea then this information is very useful for you. It will give you answer to every question related to tea and also you will know how much tea to drink in 1 day. Different excuses for sipping tea In our country, tea is not just a drink but a celebration. A cup of tea is very necessary for a guest coming home, drinking tea with friends, freshening the mood in the office, increasing energy, and curing hunger. But did you know that this cup of tea is nothing less than a slow poison for you? What does the research say? Air research has been done on tea at Brown University in America. It states that every cup of milk tea contains 40 mg of caffeine and people who consume...
Read more