India boasts a rich history in both traditional and modern medicine, encapsulated in the Indian Pharmacopoeia. Established and regularly updated by the Indian Pharmacopoeia Commission (IPC), the Indian Pharmacopoeia serves as an essential guideline for ensuring the quality, purity, and efficacy of drugs manufactured and marketed in India. As of […]
India’s pharmaceutical and herbal product industries have solidified their status as global suppliers of high-quality, cost-effective healthcare products. As of February 2024, India’s pharmaceutical exports stood at USD 25.02 billion, reflecting a significant contribution to global healthcare. This growth encompasses a vast array of products, including essential drugs, lifesaving medicines, […]
The National Drug Code (NDC) is an 11-digit number that plays a crucial role in identifying and reporting drugs to the U.S. Food and Drug Administration (FDA). It is the FDA’s primary identifier for drugs distributed in the United States, used by manufacturers, healthcare providers, and regulatory agencies. The NDC […]
“The art of medicine consists of amusing the patient while nature cures the disease.” – Voltaire The journey from a laboratory discovery to a fully approved drug is often long and challenging, with many biotech companies in India playing a significant role in these advancements.At the heart of this journey […]
“Science knows no country, because knowledge belongs to humanity, and is the torch which illuminates the world.” — Louis Pasteur The journey from a scientific idea to a life-saving medication is long, complex, and often filled with both breakthroughs and setbacks. This process is known as drug discovery and development, […]
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 […]