India's Leading Pharmaceutical Company - 2021

 

The pharmaceutical industry of India is one of the most prominent global producers of cost-effective generic medicines and vaccines. It plays an important part by supplying for 20% of the total global demand by volume and 62% of the global demand for vaccines. It is expected that the country will efficiently fulfill the global demand for covid-19 vaccines, especially in low-income and middle-income countries.

In terms of pharmaceutical production by volume and by value, India bags the third and fourteenth ranks, respectively. The domestic pharmaceutical industry of the country is sturdy, as it has a strong network of 3,000 drug companies and around 10,500 manufacturing units.

Out of these, more than 2000 units are approved by the World Health Organization (WHO) good manufacturing practice (gmp); 253 are approved by the European Directorate of Quality Medicines (EDQM); 1,105 have received Europe’s Certificate of Suitability (CEPs); more than 950 match therapeutic goods administration (TGA) guidelines; and the US Food and Drug Administration (US FDA) has approved 584 sites.

The pharmaceutical industry of India is renowned for producing a wide range of drugs in bulk amount. These drugs act as key ingredients with medicinal properties that form the basic raw materials for formulations.

The leading pharmaceutical companies of India put in their best efforts and engage deeply in research, development, and distribution of drugs and medication. These companies focus on producing life-saving drugs and medical treatments, while ensuring that the patients are relieved of all their physical ailments.

Accordingly, they spend a lot of time and resources to develop new technologies, build infrastructures, and extensively carry out tests to make sure that the medications that they are producing are safe to use and effective at the same time.

Without these top companies producing essential medicines, it is difficult to imagine treatments for common diseases and also the lethal ones.

These pharmaceutical companies abide by the rules and regulations established by various international regulatory bodies. These bodies may monitor things such as the prices charged by drug companies, the quality of the drug and the manufacturing process, the safety of the drug and the possible side effects, and so on.

The prominent names in the pharmaceutical industry leave no stone unturned to provide people with safe and efficient drugs which would help them to receive a cure for different diseases. They are working hard day and night come up with more efficient and effective medicines and solutions.

Hence, in order to highlight one of the renowned companies – ‘Century Pharmaceuticals Limited,’ that is changing the face of the pharmaceutical industry with its dedicated endeavours, we present to you Insights Success’ latest issue, India's Leading Pharmaceutical Company - 2021. Browse through to know the latest updates of the company and more.

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