While millions of Indians still die of curable diseases, pharma shines!
Posted by dearsonu on October 17, 2006
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India is no alien to medication and healthcare. In fact, the country has been the abode of life sciences for centuries, with herbal drugs, as well as yogic sciences forming the positioning frontiers of ethnic Indian solutions to complex medical issues; more so with the international resurgence of the practice of yoga, and of the ubiquitously noveau Swami Ramdev genre. Thereon, almost sixty years since independence, under the backbreaking legacy of pathetic infrastructure, slipshod health services, and an availability of doctors that can be called worse than a crying shame, the Indian pharmaceutical industry has surprisingly grown to a commodious $4.5 billion. The Indian pharma industry collectively grows at 14% annually and is said to be highly specialised and organised in terms of functioning.
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Source : IIPM Editorial, 2006, Arindam Chaudhuri’s Initiative
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