Study of Pharmaceutical in Dustry with Pannaecia in Refrence
Amity International Business School
Amity University
Term Paper Report On Pharmaceutical Industry
Submitted By: Akansha Neha Sandhu Rijul Shivang
Contents
* Summary * Research Methodology * Review of Literature * Analysis * References
Summary
The pharmaceutical industry is important because it is a major source of medical innovation.
In our Report we have analyzed the Indian Pharmaceutical Industry and we have also done Market analysis of Panacea Biotec.
India's pharmaceutical market grew at 15.7 per cent during December 2011. Globally, India ranks third in terms of manufacturing pharma products by volume. The Pharmaceutical Market is ranked 14th in the world. By 2015 it is expected to reach top 10 in the world beating Brazil, Mexico, South Korea and Turkey. More importantly, the incremental market growth of US$ 14billion over the next decade is likely to be the third largest among all markets. The US and China are expected to add US$ 200bn and US$ 23bn respectively.
Generics: India tops the world in exporting generic medicines worth US$ 11 billion. The Indian generic drug market is to grow at a CAGR of around 17 per cent between 2010-11 and 2012-13. Over the next few years, it is expected that the patent laws will provide impetus to the launch of patent-protected products. Such products have the potential to capture up to a 10% share of the market by 2015, implying the market size of US $2bn.
R&D: According to Battelle R&D magazine, gross expenditure on R&D (GERD) by India for 2012 was projected to be US$ 41 billion in purchasing
Amity University
Term Paper Report On Pharmaceutical Industry
Submitted By: Akansha Neha Sandhu Rijul Shivang
Contents
* Summary * Research Methodology * Review of Literature * Analysis * References
Summary
The pharmaceutical industry is important because it is a major source of medical innovation.
In our Report we have analyzed the Indian Pharmaceutical Industry and we have also done Market analysis of Panacea Biotec.
India's pharmaceutical market grew at 15.7 per cent during December 2011. Globally, India ranks third in terms of manufacturing pharma products by volume. The Pharmaceutical Market is ranked 14th in the world. By 2015 it is expected to reach top 10 in the world beating Brazil, Mexico, South Korea and Turkey. More importantly, the incremental market growth of US$ 14billion over the next decade is likely to be the third largest among all markets. The US and China are expected to add US$ 200bn and US$ 23bn respectively.
Generics: India tops the world in exporting generic medicines worth US$ 11 billion. The Indian generic drug market is to grow at a CAGR of around 17 per cent between 2010-11 and 2012-13. Over the next few years, it is expected that the patent laws will provide impetus to the launch of patent-protected products. Such products have the potential to capture up to a 10% share of the market by 2015, implying the market size of US $2bn.
R&D: According to Battelle R&D magazine, gross expenditure on R&D (GERD) by India for 2012 was projected to be US$ 41 billion in purchasing