challenges ahead
TRANSCRIPT
Prestige Institute of Management,Gwalior
Indian Pharmaceutical Industry- Challenges Ahead
Presented By-Aditi BhatnagarGireesh Sharma
Raghuraj PoshwalShubham Tiwari
PHARMACEUTICAL INDUSTRY-
CHALLENGES AHEAD
INTRODUCTION Rank’s first of India’s Science based Industry Estimated worth $4.5 Billion Organized and Specialized Sector Grown tremendously
INDIA'S SCENARIO Most Progressive Providing greater employment Attractive Indian Destination Prime destination for - manufacture of branded, - generic, and - branded generic medicines.
GLOBAL SCENARIO Fastest emerging international centers
Country India’s Pharma ExportUS 27%
Europe 19%
Africa 17%
Middle East 7%
Latin America 6%
CIS Countries 5%
ThreatLow cost country affecting demand.Counterfeiting threat.Lack of investment in infrastructure.
SWOT ANALYSIS
CHALLENGES AHEAD
Out of Pocket Expenditure
Make Drug Price Affordable
Counterfeit Medicine
Research and Development
Pricing of Patented Drugs
OUT OF POCKET EXPENDITURE
Fragile healthcare infrastructure Low penetration of health insurance Poor healthcare delivery system Absence of ‘Universal Health Coverage’
GOVERNMENT SHARE IN TOTAL HEALTHCARE
COUNTRY BRAZIL CHINA MEXICO SOUTH AFRICA
PAKISTAN
SRI LANKA
INDIA
% of Healthcare Spend
47% 62.5% 49% 44% 33% 45% 29%
MAKE DRUG PRICE AFFORDABLE
Continuous focus of Government Reasonably Affordable Medicine Critical Challenge
COUNTERFEIT MEDICINE
India- Capital of Counterfeit Drugs
Fake Medicine Contaminated Illegal Drug
RESEARCH AND DEVELOPMENT
PRICING OF PATENTED DRUGS
TOP 6 PHARMA COMPANY
Indian Pharmacy Market Capitalization (2016)
Sun Pharmaceutical Industry Ltd.
195,257.88 crore INR
Lupin 72,460.78 crore INRDr.Reddy’s Laboratories 52,791.13 crore INRAurobindo Pharma Ltd. 44,528.48 crore INR
Cipla Ltd. 43,141.74 crore INRCadila Healthcare 33,476.38 crore INR
VISION 2020•Expected to grow over 15%
•Market to grow by US$55 Billion
•80% of Market Share
•Maintain lead over China
CONCLUSION
REFERENCEShttp://www.indianmirror.com/indian-industries/pharmaceutical.html
http://www.ibef.org/industry/pharmaceutical-india.aspx
https://pharmanewsprwire.wordpress.com/2012/10/01/nine-major-challenges-constraining-indian-pharmaceutical-industry-from-taking-a-quantum-leap
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http://www.slideshare.net/rvmfinishingschool/pharma-industry-17272482
http://www.dsir.gov.in/reports/isr1/Pharmaceuticals/7_5.pdf