Monday, April 20, 2009

Indian pharma industry may gain $18.4 bn from global mkt

Approximately $ 123 billion worth of products are at risk of loosing patents by 2012. Even at a conservative estimate of 15 per cent opportunity, this translates into 18.4 billion dollars opportunity for generics driven Indian drug industry, according to a report of an inter-ministerial task force headed by a Joint Secretary of the Commerce Ministry.
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