Pharmaceutical industry and drugdevelopment.pptx

Pharmaceutical industry and drugdevelopment.pptx

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  THE PHARMACEUTICAL INDUSTRY ANDTHE FUTURE OF DRUG DEVELOPMENT Presented by Ratnesh Kumar Ratrey Student of B Pharm 7th sem E-Mail [email protected]
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  Pharmaceutical Industry locatedin India Top pharma company in India as on sep-2023
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  • INTRODUCTION • HISTORY •CLASSIFICATION • PATENT • CONCLUSION INDEX
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  The pharmaceutical industryin India is currently valued at $50 Bn. India is a major exporter of Pharmaceuticals, with over 200+ countries served by Indian pharma exports. India supplies over 50% of Africa's requirement for generics, ~40% of generic demand in the US and ~25% of all medicine in the UK. INTRODUCTION The first Indian pharma company was established in 1901, and commenced operating in Calcutta (now Kolkata). There then followed four distinct periods: 1911- 1970: before 1970 the patent regime was based on the Indian Patents and Design Act, 1911, which recognised both product and process patents. HISTORY
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  CLASSIFICATION Major segments ofIndian Pharmaceutical Industry include generic drugs, OTC medicines, bulk drugs, vaccines, contract research & manufacturing, biosimilars and biologics. PETENT India's patent legislation must now include provisions for availability of patents for both pharmaceutical products and processes inventions. Patents are to be granted for a minimum term of 20 years to any invention of a pharmaceutical product or process that fulfils established criteria
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  • Pharmaceuticals havecontributed to improvements in life expectancy and quality of life of many patients. Medicines can cure, relieve symptoms, delay the onset of disease and prevent complications. They often offer good value for money. However, recent trends raise a number of concerns. CONCLUSION
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  THE FUTURE OFDRUG DEVELOPMENT Future outlook The development of new drug discovery in India has the potential to improve the overall healthcare system in the country. The introduction of new medicines will help alleviate the burden of diseases as it provides greater access to innovative medicines through the clinical trials conducted in India
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  • Target identificationand validation. • Helps overcome major scientific challenges of drug development by predicting the safety, efficacy, and drug response variability. • The function of drug development to assess all of these parameters prior to human clinical trials. • Reduced drug toxicity. IMPORTANCE OF DRUG DEVELOPMENT