Biopharmaceuticals - A Jewel In The Crown
Released on = August 20, 2006, 10:06 pm
Press Release Author = RNCOS
Industry = Biotech
Press Release Summary = Biopharmaceuticals have arrived in a big way in the Indian
pharmaceuticals industry. The existing market has merely scratched the surface of
the hidden treasures that will be completely revealed one it digs down deep.
Press Release Body =
The Indian pharmaceutical industry has seen a new spate of opportunities with the
expansion of market for Biopharmaceutical products. This segment comprises of those
medical drugs, which are produced through the application of 'biotechnology'. This
emerging field of bioscience has generated enough excitement in the World
Pharmaceutical Industry, since 1982 when recombinant insulin, was first approved for
therapeutic use.
Even though the biopharma sector is still in its infancy, its share of $800 million
in the $1,065 million pharmaceuticals market in India is considerably large.
Currently, There are about 35 major players in the Indian Biopharmaceuticals sector.
Since January 2005 with the implementation of the Product-patent system, the sector
is witnessing a swing towards innovation-based research; a volte-face from the
ongoing generics based R&D. pharmaceuticals sector in India is up for major inputs
for producing a better range of products especially recombinant therapeutics.
The market research report," Opportunities in Indian Pharma Sector", by RNCOS
ascertains that in the period 2004-05, biopharmaceuticals segment comprising of
therapeutics, vaccines, and diagnostics, represented 75 % of the market share.
Analysts opine that Biopharmaceutical market is poised for growth with cost cutting
and aggressive pricing strategy. Opportunities in Indian pharma sector are on the
rise with Indian drug companies achieving a competitive nature.
The report seeks answers to the major industry specific questions, such as:
. What are the emerging trends in the Pharmaceuticals sector in India?
. What are the key regulations and the policy environment in the industry?
. What is the future scenario of the Pharmaceuticals market in India?
. Who are the Key players in the Pharmaceutical Market in India?
. What are the opportunities and threats in the pharmaceuticals sector in India?
. How competitive is the Indian pharmaceuticals market vis--vis the World
Pharmaceutical Industry?
This research report on pharma sector gives a comprehensive view of the industry
with emphasis on the Indian Biopharmaceuticals sector.
About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.
To purchase your copy: http://www.rncos.com/Report/IM055.htm
For more information about the report please visit www.rncos.com
Web Site = http://www.rncos.com
Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com
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