Emerge Leading Pharma Market Of The World
Indian pharmaceutical industry, which has
grown at 1.5 to 1.6 times the growth of the economy over the past
couple of years, is well positioned for sustainable growth and
expansion. The industry has grown at a CAGR of 13 per cent from
200-2007 and is expected to grow at a CAGR of 16 per cent over
2007-2011, according to a Pharma Inc- a Continuing Success Story".....
Applying For CE Tag On Products May Get Govt Aid
The Centre, which is encouraging quality
upgradation of small and medium enterprises (SMEs) through a slew of
incentives, plans to offer more sops to improve their product's
ratings in the world market. The government is toying with the idea of
providing monetary support to SMEs in getting CE (Conformite Europeene)
certificates for their products, a move that is expected to boost
exports to Europe.....
Healthcare Sector To Beat US
The combined incremental demand for
healthcare, in dollar terms, in five Asian countries - China, India,
Japan, Korea and Singapore could exceed the US by 2015, led by rising
income, increased medical tourism and ageing population in some of
these countries, says Credit Suisse.....
Attract Healthcare Innovations
The Centre for Innovation Incubation and
Entrepreneurship (CIIE) at the Indian Institute of Management,
Ahmedabad (IIM-A), will offer a ‘Piramal Prize’ to encourage and
support bold entrepreneurial ideas, which have a profound impact on
access to higher standards of health for India’s rural and
marginalised urban communities.....
Johnson & Johnson Eyes Larger Pie of Orthopaedic Market
In a bid to grow its presence in the
Indian orthopaedic devices market, US healthcare giant Johnson &
Johnson (J&J) is planning to roll out India-specific devices. These
new products are designed in India to specifically meet the lifestyle
needs of Indian people and will have competitive pricing, sources
said. For starters, J&J has recently rolled out a India-specific knee
implant christened ‘PFC Sigma RP-F Knee’.....
Industry Packaging Gets Innovative
Alu Alu is the new buzzword in pharma
industry. The industry has hit upon an innovative packaging technique
that not only keeps the products dry for a longer time, but also
increased the shelf life of the product. An alu alu blister is a
composite materials made out of Nylon, Aluminium and PVC. Nylon, is on
the top, aluminium is in the middle and PVC is the bottom. All the
three materials compressed to form a blister.....