Dr. Reddy s Laboratories Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 88007.44 Crore) operating in Pharmaceuticals sector.
JW Pharmaceutical Co. has become the first South Korean drug maker to develop the generic version of the latest-generation antibiotic substance, medications m
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The global generic drugs market size to $786.0 billion by 2030 from $278.4 billion in 2019, at a 10.0% CAGR between 2020 and 2030.
Generic drugs are cost-effective, at the same time contain the same active ingredients and have a similar effect as patented drugs. In this regard, the generic drugs market is also being driven by the patent expiry of blockbuster medications. As patented drugs lose their certification, it gives pharmaceutical companies the opportunity to create their cheaper but equally effective variants.
During the COVID-19 crisis, the generic drugs market has received a boost, as governments around the world, despite implementing lockdowns and movement restrictions, have ensured that the supply of essential medicines isn t hampered. Moreover, as people have lost their jobs or are working at reduced salaries, they are drastically cutting down on expenses, which is why the preference for cheap
Europe Active Pharmaceutical Ingredients (API) Market research report has set a bench-marking example for such a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The chapter on the competitive landscape is presented well in the research report and is ana.