Indian Generic Medicines: (Boon for Global Healthcare)

 

Generic medicines are the same as the original products, there could be minor differences in the process of manufacturing. We can say that Generic Medicines are identical to the originator product. It is similar in the Dosage, Safety, Working Properties, Strength, quality, performance in comparison to their brand name drugs. Generic Medicines are generally 35-85% less costly than the Innovator drug.

Based on the recent researches we can address as The Generic Medicines is Boon for the Pharmaceutical Industry because of its manufacturing standard as well as for its way of affordable prices in the global markets.

At the international level, Indian Generic Medicines regularly creating an impact on all sort of the patient. That`s what Indian Generic medicines are the most demanding medicines across the world. In other countries, demand, as well as the use of Generic Medicines, has linearly increased in past years.

 

Why Indian Generic Medicine:

 

Behind preference of Indian Generic Medicine here are few most convincing terms are given as follows:

 

Cost:

In order to know why Indian Generic Medicines, the foremost thing is its price. Literally, the price of Indian generic Medicine is most economical than the other competitive drugs not just in India only but at the International level also.

 

Production:

We all know that the Production of Generic Medicine in India is at the optimum level. Approximately 70-80% of Generic Medicines are being produced by the Indian Pharmaceuticals companies.

 

Quality:

Despite a leading manufacturer, the quality of Indian Generic Medicines is way good. The generic Medicines are impeccably effective as Innovator Medicines.

 

Availability:

 

According to an initiative of Government Of India (2008), stated as “Jan Aushidhi” which means “Medicine for people”, under this program making quality medicines available to those who are not much efficient with wealth at a very reasonable price.

In order to run this initiative in an effective way, the Government of India established retail stores where only Indian Generic Medicine is available. 

 

Supplier of Indian Generic Medicine:

                                                                   

If you`re looking for a Supplier of Indian Generic Medicine then there`s one of the finest Pharmaceuticals firms out there, named Dotcom Pharma Private Limited which is a group company of IKRIS Pharma Network.

You can explore its official website by simply clicking on www.ikrispharmanetwork.com

 

Future of Generic Medicines in India:

 

• A few of the important advantages of Generic Medicine is it is helpful in order to reduce the healthcare incurred, because of its cost.

• With the perspective of healthcare expenditure, the use and demand of Indian generic Medicine would be an increase in upcoming years.

• Generic Medicine would be the first choice of all the consumers in upcoming days because of its impactful quality, impeccable performance, and affordable price.

• In India, there are approx 50-60% of people are below the poverty line, all they are hardly able to purchase brand-name products. So generic Medicine can be the first priority for the rest of their lives.

 

Hence Future of Generic Medicines in India is Bright as well as Convincing.

 

Cost of a few Generic Medicines: 

 

Name of Generic Medicine

Indication

Price

Procarbazine Hydrochloride

Hodgkin`s Lymphoma

 INR 500

Sofosbuvir + Velpatasvir

Hepatitis C Virus

 INR 12,000

 

The above description of the cost of a few Generic Medicine is much economical than their original brand-name products.

Thus, the growth of Indian generic Medicine would also depend on how Doctor`s prescribed it for consumers and patients.

In the modern era, the lifestyle of people`s has been totally unbalanced, that could be a major reason for numerous types of illness.

So, Indian Generic Medicine can be the boon for all of such people inside India as well as outside of India.