India is a large country with a population of more than 1.3 billion people, but India is not an economic powerhouse, the economy is still relatively backward, but the Indian Bollywood movies, but also popular, Indian dance is also widely known.
India's independent research and development of pharmaceutical technology is not very strong, but the generic drugs can be sold around the world, the blatant plagiarism of pharmaceutical technology, but also not sanctioned, is not feeling very incredible?
India has a huge population, but its economy is lagging behind. The company's research and development program requires not only technology, but also capital, equipment, manpower and material resources, as well as a large amount of research and development time, which is undoubtedly expensive, and the price of the drugs will be increased accordingly.
India's lack of advanced technology in pharmaceuticals, lack of economic strength, foreign procurement of drugs expensive drugs, but also the people's headache, India in order to solve the people's urgent need for affordable medication, so that the people can afford to see the disease, affordable medicine, can only find another way to encourage the development of local pharmaceutical companies to produce generic drugs, to solve the problem of India's many poor people to see the disease and eat the medicine.
Indian generic drugs are inexpensive, much more affordable than the original drug prices, it is reported that you only need to pay 1/20 cost of the original drug, you can buy a generic drug with the same therapeutic effect, a large degree of Indian poor people to see a doctor to eat drugs expensive problem,for the poor, Indian generic drugs is a miracle drug, which is a major benefit for the poor.
India has experienced decades of generic drug industry development, has formed a mature industrial chain, can be called the world's most complete generic drug industry chain. It is reported that India's oncology drug exports ranked first in the world, and many Indian generic drugs are also sold back to the Western countries, the United States have purchased a lot of generic drugs from India.
Generic drugs are affordable, play the same therapeutic effect, can serve many poor people, to meet the problem of many poor people to see the doctor and eat medicine. Generic drugs have caused dissatisfaction among pharmaceutical giants in other countries, but they have not prevented the development of the Indian generic pharmaceutical industry.