India is known to be Country of Farmers but in last some decades She has also emerged as Country of Pharma also. From progress point of view it may be good but when I saw one advertisement, I was stunned - Pharmaceutical Companies do not create CURE, they create CUSTOMERS.
In fact India is also emerging as Medical tourism point which is attracting patients from the different countries because medical treatment is cheaper compare to rest of the world but for Indian citizen basic medicines are too costly. I am in this field since last 14 years and I found that most of the drugs are invented and patented by foreign countries where as India is primarily focusing on Generic drug development. We are market for foreign drugs and our drugs are not getting that much market in rest of the world. We can not afford foreign drugs due to high price and Indian companies are also not much interested in selling their drugs in India as all are focusing on US market as income is in dollar. Why so? My personal view that Indian pharma companies which are mainly running on generic business they must focus on Indian market then other markets.
Indian pharmaceutical companies are also not going good in terms of research and development. We are always trying to go nearer to the foreign inventions and there also we do not get success much. The bitter truth is most of the pharmaceutical companies are running R & D center for taking tax benefit in the name of research work. We do not work with that zeal and goal to really invent something new. We do follow up research with foreign companies.
Pharmaceutical companies launching drugs at a price sometimes which are not affordable to Farmers. If our inventions, innovations, research output is not deliverable and affordable to common man than the purpose of serving society through our field (Pharma) is not getting satisfied.
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