Our founder, the late Dr Anji Reddy, chose to call his memoirs An Unfinished Agenda-the unfinished part being the discovery, development and commercialisation of a new drug by Dr. Reddy's in his time. While our company initiated new drug discovery in 1992, the cost and risks of going beyond early-stage discovery were prohibitive to the young company.
It was Dr Anji Reddy's dream to see Indian pharma successfully discover and take a pipeline of new molecules to the market and become an original innovation-driven industry.
Global manufacturing prowess: Today, India is the largest provider of generic drugs globally. Indian pharma supplies over 50 per cent of the global demand for various vaccines, 40 per cent of the generic demand in the US and 25 per cent of all medicines in the UK. Globally, India ranks third in terms of pharmaceutical production by volume and 14th by value.
We built world-class capabilities in bulk drugs or API (Active Pharmaceutical Ingredients) in the mid-20th century, turning our attention to formulations and newer dosage forms in the 1990s, and entering new markets to break new frontiers internationally. We moved up the value chain in complexity from simple to complex molecules with higher entry barriers, cutting-edge technology platforms, devices, new chemical entities, biosimilars and biologics.
The Indian pharma industry is known as the 'pharmacy of the world' thanks to its manufacturing prowess, and stands for affordability, access, agility and quality.
Denne historien er fra August 26, 2024-utgaven av India Today.
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Denne historien er fra August 26, 2024-utgaven av India Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Screaming Success
Now Funny, Now Scary, This Genre Has Come Of Age In Hindi Cinema, Pulling In Audiences And Monster Returns At The Box Office
KING OF FRUITS
Sopan Joshi's Mangifera indica: A Biography of the Mango is an immersive, behind-the-scenes look at the world's most delicious fruit
HAVING THE LAST WORD
Writer, politician and wordsmith Shashi Tharoor is out with a book of essays celebrating the magical world of words
Indian Encore
The legendary tenor Plácido Domingo will be in Mumbai with the opera competition Operalia, which makes its debut in India
Charismatic Cat
Peppered with stunning illustrations, Caracal: An Intimate History of a Mysterious Cat is a deeply moving and meticulously researched account of the elusive felid
BETTER LATE THAN NEVER
After a pandemic-induced hiatus, actor Sharvari is riding high with several back-to-back releases-from Munjya to Maharaj and Vedaa
Trial by Fire
Hounded by allegations of conflict of interest in the Adani probe and rising discontent among her own staff, the Sebi chief has much to answer for-and disclose
WE WILL ROCK YOU
India's winter concert season is looking great, with leading international stars and bands set to captivate audiences
PK WALKS THE BIG POLL TALK
Prashant Kishor, the ace of the backroom, joins the battle for Bihar with lofty ambitions. Can his armoury of new ideas upset the old equations?
LORD of the ROLES
VIKKANT MASSEY is nothing if not versatile, straddling the worlds of independent and commercial cinema with élan
