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Tag: Generics

Evolution of the global regulatory scenario

Role of regulation and regulatory authorities: The entire healthcare ecosystem, from research to sales, is stringently regulated by governing authorities. These authorities include a number of local government regulatory agencies which ensure compliance in various legal and regulatory aspects of a drug. These agencies issue

Countries that will drive the global pharma market

The global pharma industry, in terms of worldwide prescription drug sales, is estimated to grow at ~6% CAGR and reach >$1 trillion in 2024. This is expected to be mainly driven by novel therapies, mainly biologics, in oncology, orphan drugs and gene therapy. Geographically, USA
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