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Generic drugs holds 70 pc market share in Pharmaceutical sector in India

Generic drugs holds 70 pc market share in Pharmaceutical sector in India

Hyderabad, Feb 26 (UNI) Generic drugs form the largest segment of the Indian pharmaceutical sector holding 70 per cent of the market share by revenue in 2017 and this segment is expected to expand in India in the wake of Ayushaman Bharat Initiative announced by Indian government in August last year.
India is also the world’s largest provider of generic medicines, with 20 per cent of all global generics (in terms of market value) in last year coming from India, said EY, the leading global professional services organisation, in its report released at the three day inaugural function of 16th edition of BioAsia 2019 here on Monday evening.
The US is the biggest generics export destination for India which supplies approximately 40 per cent of the US’s generic drug needs, it revealed.

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Cyclonic circulation lies over South Chhattisgarh : Met

23 Feb 2024 | 3:48 PM

Amaravati, Feb 23 (UNI) The cyclonic circulation over North Chhattisgarh now lies over South Chhattisgarh & neighbourhood at 0.9 km above mean sea level, Meteorological Centre said on Friday.

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Telangana Guv and Union Minister immerse in grandeur of Medaram tribal fair

23 Feb 2024 | 2:47 PM

Mulugu (Telangana), Feb 23 (UNI) Telangana Governor Dr. Tamilisai Soundararajan, accompanied by Union Tribal Affairs Minister Arjun Munda, graced Asia's largest tribal fair at Medaram in Mulugu district on Friday.

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Kishan Reddy asserts nationwide support for Prime Minister Modi's leadership

Kishan Reddy asserts nationwide support for Prime Minister Modi's leadership

23 Feb 2024 | 1:54 PM

Komuram-Bheem (Telangana), Feb 23 (UNI) Union Minister and Telangana BJP President G Kishan Reddy, during the fourth day of his Vijay Sankalp Yatra in Kagaznagar, reiterated the overwhelming desire of the entire nation for Prime Minister Narendra Modi's leadership.

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Telangana Guv expresses heartfelt condolences on tragic passing of BRS MLA

Telangana Guv expresses heartfelt condolences on tragic passing of BRS MLA

23 Feb 2024 | 1:06 PM

Hyderabad, Feb 23 (UNI) Telangana Governor Dr. Tamilisai Soundararajan extended her heartfelt condolences on the tragic passing of Secunderabad Cantonment MLA Lasya Nanditha in a road accident in the early hours of Friday.

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Light to moderate rain likely in Telangana on Feb 24-26

23 Feb 2024 | 12:31 PM

Hyderabad, Feb 23 (UNI) Light to moderate rain or thundershowers are very likely to occur at isolated places over Telangana on February 24, 25, and 26, the Meteorological Centre said on Friday.

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