Pharma Sector

NITI Ayog on Public Debt Management: NITI Aayog has made strong case for setting up independent Debt Management Office for […]

Context: The global sales of the world’s best-selling prescription drug, Humira, continue to grow even after the expiry of the

Essential medicines Essential medicines are those that satisfy the priority health care needs of the country’s population. They are listed

Condition of the Indian Pharmaceutical Sector: The Indian pharmaceutical industry is a world leader in bringing generic drugs to the

Context: India is considered a preferred destination for cardiology, orthopaedics, transplant and ophthalmology in curative care, it also enjoys high

Context: Government implemented price controls on coronary stents and knee replacement implants in India that have slashed prices by as

Context: The recent tension between India and China has prompted the government here to think of measures to reduce its

Context: Issues which are halting the progress of Pharmaceutical Sector in India Biggest Challenge Lack of sufficient funding and inadequate

Key objective: to make essential drugs accessible at affordable prices to common people while providing a long-term stable policy environment for

Mission is aimed at accelerating research for early development of bio-pharmaceuticals. Key points: The mission would attract an investment of Rs