In recent years, the significance of pharmacovigilance has grown exponentially, becoming a key element in ensuring the safety and effectiveness of drugs worldwide. A staggering 1 in 10 hospital admissions is caused by adverse drug reactions, underscoring the critical need for robust pharmacovigilance systems. But what is pharmacovigilance, and why […]
The medical device industry is experiencing remarkable growth, with the global market valued at over $512 billion in 2022 and expected to nearly reach $800 billion by 2030. This growth is driven by the rising prevalence of chronic diseases, increasing surgical and diagnostic procedures, and continuous innovation in medical technology. […]
India has cemented its position as a global pharmaceutical powerhouse, and its influence is only growing. According to recent data, prominent Indian pharmaceutical companies that hold US FDA approval include industry giants like Sun Pharmaceutical Industries Limited, Aurobindo Pharma Limited, Cipla, Dr. Reddy’s Laboratories, Torrent Pharmaceuticals, Zydus Lifesciences, Alkem, and […]
Artificial intelligence (AI) has rapidly transformed industries across the globe, and the pharmaceutical sector is no exception. One striking fact is that AI applications in the pharmaceutical industry have the potential to create between $350 billion and $410 billion in annual value by 2025. From optimizing clinical trials to revolutionizing […]
India is rapidly emerging as a global biotechnology hub, with the country expected to claim nearly 19% of the global biotech market by 2025, a significant jump from just 3% in 2017. This remarkable growth is a testament to the rise of biotech companies in India, making waves with innovative […]
Quality is never an accident; it is always the result of intelligent effort.” – John Ruskin. In the highly regulated pharmaceutical industry, ensuring the quality of products is not just about fulfilling customer expectations but also about adhering to stringent regulatory requirements. This is where the quality management system in […]
The global pharmaceutical outsourcing market was valued at over $99.6 billion in 2021 and is expected to grow significantly in the coming years, underscoring the critical role of CDMO pharma companies in the industry. As the pharmaceutical landscape evolves, drug substances are becoming more complex, and the demand for rapid […]
The landscape of importing prescription drugs for personal use is complex, governed by strict FDA regulations. While most cases of importing medicine for personal use are illegal, certain exceptions exist under the FDA’s Personal Importation Policy (PIP). This policy allows individuals to import drugs under specific circumstances, particularly when they […]
Did you know that Pharma 4.0, often called the “next industrial revolution” for the pharmaceutical sector, is enabling organizations to harness the power of digitization, much like Industry 4.0? The implementation of the Pharma 4.0 operating model is setting the stage for a transformative future where data-driven decision-making, automation, and […]
The women’s health sector has experienced remarkable growth, driven by a surge in innovation from women’s health pharma companies. These companies are developing technological solutions that address a wide array of health concerns, from fertility and pregnancy to menopause and mental health. While women’s health companies have historically focused on […]