Indian Pharmaceutical Industry has witnessed a robust growth from US$ 11.4 billion in 2010 to US$ 13 billion in 2011 with a scorching pace of growth of 15%. The industry ranks 3rd in terms of volume and is 14th in terms of value globally. Showing tremendous progress in terms of infrastructure development, technology base creation and a wide range of products, the Indian pharmaceutical industry has established its presence and determination to flourish in the changing environment.
Projects worth more than 1.2 billion dollars are currently under implementation on various products, suggesting massive investments by Indian pharmaceutical companies.
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- FDA China
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- Biosensors International Ltd.
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- Shanghai Clinical Research Center (SCRC)
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- Eli Lily
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- Bristol Myers Squibb