Davaindia : Poising its Leadership Across Generic Medicine Accessibility to Large Populace

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Davaindia : Poising its Leadership Across Generic Medicine Accessibility to Large Populace

According to the Department of Pharmaceuticals, Government of India, the country ranks 3rd worldwide in terms of production by volume and 14th in terms of value. The country’s strong position in the global pharmaceutical market is quite acknowledged today, and the one that reigns in the industry is generic medicine, the hero of this healthcare revolution. The shift from branded to generic medicine is particularly progressive and innovative, helping combat the challenge of providing equal access to affordable and quality essential medicines to the country’s population. The generic medicine industry in India is projected to continue its strong growth trajectory in 2025, driven by factors like cost-effectiveness, increasing demand for affordable healthcare, and India’s robust...