India’s 2020 Vision
If India’s biopharmaceutical players are to compete effectively on the global scale and capture 10% of the global biosimilars market by 2020, India’s private sector will have to invest a considerable amount of capital in building the necessary manufacturing capacity and skills base. At the same time, the Government of India (GOI) will also need to provide the necessary enabling environment. India’s biopharma sector consists primarily of vaccines, monoclonal antibodies, recombinant proteins and diagnostics, and the guidelines for biosimilars are already in place. All India needs to take market share is entrepreneurship. The GOI’s Department of Pharmaceuticals, in partnership with … Read more