The Mc Kinsey report reads, “The pharmaceutical market in India carries great business opportunities and would be a $55 billion market by the year 2020.
The mind of parents is always in a dilemma when it comes to deciding whether they want to send their children abroad. They cannot help but wonder why International universities are better than Indian universities!
In a bid to introduce major reform in its mostly state-controlled health sector, Chinese regulators will lift price control on most medicines from June 1, with an aim to keep drug prices in check by adopting market-driven pricing system.
Soon after acquiring its domestic rival Ranbaxy Laboratories, Pharma major Sun Pharmaceuticals Industries Ltd is keen to spend another $7 billion to satisfy its craving for more takeovers.
According to Mc Kinsey report of India Pharma 2015, the projected market growth of Pharmaceutical market in 2015 would be $24 billion and is expected to raise upto $55 billion by 2020.
