India's Pharmaceutical Industry: A Formidable Aid To The World

BANGALORE: Indian pharma industry is the third largest in terms of value of its products and tenth in case of value around the globe. The country houses several companies that work for pharmaceuticals either it be brand products or generic drugs reports Deccan Herald.

India is the largest generic drugs producer, the generic drugs is similar to the original ones which have the same dosage, same quality, chemically identical and are available at a low price too.

It exports heavily to the countries in the west, through which India earns the required amount of Foreign Exchange. . U.S., European Union, and Japanese markets are the constant clients by which the Indian industry boasts of saving millions of lives.

The usage of generic drugs has the same after effects as the original one, because these drugs are nothing but the remakes made after the expiry of patent duration without incorporating the brands name.

This affordable twin was successful in saving millions of lives around the world in cases like T.B., HIV and AIDS,where the  cure with these medicines have played a major part.
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