Trade of Generic Drugs

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....rade of Generic Drugs <br>News and Press Release<br>Dated:- 26-11-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 26-November-2012 15:22 IST The exports of....

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.... pharmaceutical products from India during last 3 years have been as under:- 2009-10 2010-11 2011-12 US $ (million) 8955 10,711 13,221 Indian Rupees (crores) 42,455 48,810 63,347 Pharmaceu....

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....tical industry is highly regulated and most of the countries allow exports only after the companies comply with their registration requirements. 55% of Indian pharmaceutical exports are to highly regu....

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....lated markets like USA (25%), European Union and other European countries (21%), Canada (1.92%), Australia (1.31%). As mentioned above, authorizations for exports into a country is given to the indiv....

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....idual company once it complies with their regulatory requirements. Indian exports to Africa and Latin American nations during 2010-11 were 17% and 7% respectively of the total Indian pharmaceutical ex....

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....ports. This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Lok Sabha today. ****** DS<BR> News - Press release - PIB....