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An Insight To Pharma Industry : Rajni Bansal

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An Insight To Pharma Industry : Rajni Bansal

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vikas_chahal8373
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An Insight to Pharma Industry…

Rajni Bansal
About Pharma Industry…
• Pharmaceutical industry develops, produces,
and markets drugs licensed for use
as medications.
• Pharmaceutical companies are allowed to deal
in generic and/or brand medications and
medical devices.
• They are subject to a variety of laws and
regulations regarding the patenting, testing
and ensuring safety and efficacy
and marketing of drugs.
Johnson & Johnson

Its new prostate cancer drug, Zytiga, won the


FDA's nod for patients who've previously
received chemotherapy. Analysts predict the drug
will generate $800 million to more than $1 billion
in annual sales.
Lilly and Medtronic Announce Drug-Device
Collaboration for Parkinson's Disease

Eli Lilly & Company and Medtronic have


entered into a collaboration to R&D a new
approach to treating Parkinson's disease that
involves delivering a potential new medicine
to the brain using an implantable drug
delivery system.
Goal of the collaboration is to develop a
therapeutic approach for Parkinson's disease.
Pfizer Inc. announced top-line results from
the ORAL Standard (A3921064) and ORAL
Step (A3921032) Phase 3 studies of
tofacitinib.

• ORAL Standard is a completed twelve-


month study in patients with moderate-to-
severe active rheumatoid arthritis.
• Oral Step is a completed six-month study in
patients.
Bristol-Myers Squibb Delivers
Excellent First Quarter with
YERVOY™ Approval

Bristol-Myers Squibb Company announced


first quarter results that included strong sales
and earnings growth, and several key R&D
milestones - most notably U.S. regulatory
approval for YERVOY.
Future Prospects
 McKinsey & Company stated in a report title “India
Pharma 2020”: The Indian pharmaceuticals market is
expected to reach US$ 55 billion in 2020 from US$ 12.6
billion in 2009.
 Ernst & Young stated that due to increase in the
population of high income group, there is every likelihood
that they will open a potential US$ 8 billion market for
multinational companies selling costly drugs by 2015.
 The sale of all types of pharmaceutical drugs and
medicines in the country stands at US$ 9.61 billion,
which is expected to reach around US$ 19.22 billion by
2012.
Budget 2011
 Pharma firms want tax cuts, R&D sops boost. – Drug
makers want tax exemption deadline for export oriented
unit (EOUs) to be extended and want infrastructure or
priority sector status in the budget on Feb 28.
 The exemption beyond March 2011 will provide relief to
companies like Dishman Pharmaceuticals & Chemicals,
Cipla and Torrent Pharmaceuticals , which run EOUs.
 The government may grant infrastructure or priority
sector status to healthcare, which would help draw more
investments and lower costs,
Economic Times says…
 Medical bills will increase by 5%, as the Budget has
levied service tax on hospital and diagnostic service
providers. Pharmaceutical sector has expressed relief
over continuation of concessions on excise duty
provided during the global economic meltdown.
 Centralised air conditioned (AC) hospitals with more than
25 beds and even diagnostic service providers are
brought under 10% service tax.
Thank you…

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