Press release
India Generic Drugs Market Size & Growth Analysis Report, 2020-2026
To Request a Sample of our Report on India Generic Drugs Market: https://www.omrglobal.com/request-sample/india-generic-drugs-market
The increasing prevalence of diabetes is also supporting to drive market growth. As per the International Diabetes Federation (IDF), the total cases of diabetes reported in adults in India was nearly 77 million in 2019. This leads to increasing demand for generic medicines for diabetes which include Tolazamide (Tolinase), Acetohexamide, and Glimepiride (Amaryl). Additionally, several generic equivalents of the drug metformin (earlier sold only as Glucophage XR or Glucophage) are now available.
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A full Report of India Generic Drugs Market is Available at: https://www.omrglobal.com/industry-reports/india-generic-drugs-market
Scope of the India Generic Drugs Market
Market Coverage
• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Application and Route of Administration
• Competitive Landscape- Mylan N.V., Teva Pharmaceutical Industries Ltd., Lupin Ltd., Aurobindo Pharma Ltd., and Sun Pharmaceutical Industries Ltd.
Recent Strategic Initiatives in the India Generic Drugs Market
• In July 2020, Cipla declared the launch of its generic version of antiviral drug remdesivir, Cipremi, at $53.3 per 100 mg vial. This makes it among the lowest cost versions for COVID-19 treatment and Cipla is looking to deliver more than 80,000 vials within the first month.
• In July 2020, Mylan launched a generic version of Remdesivir drug, Desrem, in India for treatment of COVID-19 patients. This drug will be available at a price of nearly $64.2 per 100 mg vial as against Hetero’s Covifor at nearly 72.2 per 100 mg vial and Cipla’s Cipremi costing nearly $53.3 per 100 mg vial.
India Generic Drugs Market-Segmentation
By Application
• Cancer
• CVD
• Musculoskeletal Diseases
• Infectious Diseases
• Neurology
• Diabetes
• Others
By Route of Administration
• Oral
• Topical
• Injectable
• Inhaler
Company Profiles
• Aurobindo Pharma Ltd.
• Biocon Ltd.
• Cadila Healthcare Ltd. (CHL)
• Cipla Ltd.
• Dr. Reddy's Laboratories Ltd.
• Glenmark Pharmaceuticals Ltd.
• Lupin Ltd.
• Mylan N.V.
• Sun Pharmaceutical Industries Ltd.
• Teva Pharmaceutical Industries Ltd
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2. More than 120 countries are for analysis.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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