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DRUGS AND PHARMACEUTICAL INDUSTRY

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Evolution of Indian Pharmaceutical Industry: In the process of industrialization, pharmaceuticals have been a favorite sector for policy makers in the developed as well in many developing countries, including India. This special policy preference has been due to the criticality of the pharmaceutical products for the health security of the populace as well as for developing strategic advantages in the knowledge‐based economy. However, not all developing countries succeeded in enhancing local capabilities in the sector. The growth of the pharmaceutical industry in the developing region is largely confined to a few countries like India, China, Singapore, Korea, Czech Republic, Brazil, and Argentina. Among these countries, most often the case of Indian pharmaceutical industry is projected as the most successful case of a developing country scaling up the indigenous capabilities The pharmaceutical production in India began in 1910s when private initiatives established Bengal Ch...

Pharmaceutical Policy – 2002

Introduction The basic objectives of Government’s Policy relating to the drugs and pharmaceutical sector were enumerated in the Drug Policy of 1986. However, the drug and pharmaceutical industry in the country today faces new challenges on account of liberalization of the Indian economy, the globalization of the world economy and on account of new obligations undertaken by India under the WTO Agreements. These challenges require a change in emphasis in the current pharmaceutical policy and the need for new initiatives beyond those enumerated in the Drug Policy 1986, as modified in 1994, so that policy inputs are directed more towards promoting accelerated growth of the pharmaceutical industry and towards making it more internationally competitive. The orientation of the objectives of the current policy has also become necessary on account of these issues:- a)The essentially of improving incentives for research and development in the Indian pharmaceutical industry, to enable the industr...

Pharmaceutical legislation

Jurisprudence: The study of fundamental principle is called jurisprudence. In General sense jurisprudence includes knowledge of law while in the technical sense. It is the science of the first principle of civil law. Forensic pharmacy: The word “forensic” is derived from the Latin term” forensic” meaning “forum” means “public place” or market place. Drug Enquiry Committee: The government of India pursuance to the resolution appointed a committee known as Drug Enquiry Committee with Col.Ramnatha.N.Chopra as its chairman in 1928. Recommendation of Chopra Committee: 1.A central law to control drug and pharmacy profession. 2.Setting up of testing laboratories in all states to control quality of production of drugs and pharmaceutical and a central laboratory to control the quality of imported drugs and also to act as expert a referee in case of sample sent by local government. 3.Appointment of advisory board to advice the government in making rules to carry out the objectives of the act. ...