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India runs pharma market at +19% in February alone

The Indian pharmaceutical market is in fifth place. Indeed, over the last three months it has experienced double-digit growth, and only in February it increased by 18.9%, recording the largest leap in 19 months. It is the analysis of Aiocd Pharmasofttech Awacs, an Indian market research company for the sector, which confirms: in the same period, Indian companies grew by 19.4%, while multinationals by 17.6%. India's pharmaceutical industry is also expected to post double-digit growth in 2015-2016, as in the previous year, although concerns remain over quality standards. However, SV Veeramani, president of the Indian Pharmaceutical Industries Association, points out that the market situation has improved and that the Indian pharmaceutical industry "will better cope" with the challenges of domestic price regulation and export regulations , for example in the United States

BDC – March 24, 2015 – PharmaKronos

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