Major Pharmaceutical Companies

Pharmaceutical companies have a major social responsibility while performing on a profitable motive. Several public platforms are shared by major pharmaceutical companies for this very purpose.

The pharmaceutical industry has several issues to contend with for profitable survival. The United States does not have regulations for drug prices, but several other regulations monitor the functioning of pharmaceutical companies in the country. Fierce competition from illegal drug imports is also an issue that cannot be ignored by major pharmaceutical companies.

There are several associations that represent pharmaceutical manufacturers. The International Federation of Pharmaceutical Manufacturers and Associations is an organization that is at the apex. It is a non-profit and non-governmental organization. Its members are several research based pharmaceutical, biotech and vaccine companies from both USA and other countries as well.

Organizations such as these, work for a global policy environment that is conducive to innovation in the pharmaceutical field. A survey of major pharmaceutical manufacturers indicates that collectively the industry has almost 700 medicines in the pipeline. These medicines are aimed at providing relief to people suffering from various diseases like HIV/AIDS, cancer, heart diseases and stroke among others.

The existence of a platform like an international association provides opportunities to major pharmaceutical companies to have collaborative relationships among themselves and foster industry growth in such a manner that provides avenues for overall improvement in public health while being commercially profitable.

One of the major pharmaceutical companies is Eli Lily, a global player. Their specialties include drugs for cancer, cardiovascular diseases, neurological disorders, endocrinal disorders, diabetes and several infectious diseases. Cephalosporin, erythromycin, insulin and Prozac are among Eli Lily's major pharmaceutical breakthroughs. Pfizer is another major pharmaceutical company that has contributed a lot to alleviate human and animal suffering. Based in New York, Pfizer has been around since 1849.

Parke-Davis, Proctor & Gamble, Bristol-Myers Squib, Johnson & Johnson, 3M Company, Mars Incorporated, Bayer AG, Quest Diagnostics, Tyco International and Cardinal Health Incorporated are a few of the major pharmaceutical companies in the USA.

Pharmaceuticals [http://www.Pharmaceuticals-Web.com] provides detailed information on Pharmaceuticals, Pharmaceutical Companies, Pharmaceutical Jobs, Pharmaceutical Naming and more. Pharmaceuticals is affiliated with Mexican Online Pharmacy.

Article Source: EzineArticles.com

Bill Maher - Anti-Pharma Rant

Pharma Net Blogger

The Rise of the Indian Pharmaceutical Companies

The Indian Pharmaceutical industry is the 4th largest industries in the world. It consists of around 20,000 businesses. Pharmaceutical companies in India are on a roll both on domestic as well as international grounds. Pharmaceutical companies boast of skillful workforce along with the latest technology in use. These features help to expand their market and business overseas.

The latest trend in the pharmaceutical business is the tie-ups between Multi National Companies and Indian Pharmaceutical companies. These MNCs turn to their Indian counterparts to achieve cost-efficiency in terms of R & D. Besides offering skill and technology, offer affordable Research and Development facilities. For example, mergers and acquisitions between MNCs and Indian pharmaceutical companies are common for research on third world diseases like cancer, AIDS, etc.

Moreover, India is gradually moving up from being just a service provider to a value-add in profits. Here, MNCs purchase / license new products or share Intellectual Property. Pharmaceutical companies of India are slowly becoming a popular destination for collaborative research and development.

Adding to this is the success of the Indian pharmaceutical industry as an exporter of high quality generic drugs. The companies owe this success to the system of product patents which were introduced on 1stJanuary, 2005. Now, the Indian pharmaceutical industry exports drugs to approximately 65 countries around the world with the United States as its biggest market. The industry's export was worth US 3.75 billion dollars and growing at a compound annual rate of 22.7% according to the National Pharmaceuticals Policy for 2006.

However, the these companies can hope to achieve more by discovering untapped markets both in India as well as abroad. Another area that calls for attention is the Research & Development department. The government needs to invest more for Research & Development as innovative drugs are high on demand.

Also, the relationship between pharmaceuticals and biotechnology in India needs to be more cemented. This is because biotechnology has a lot of room for growth with the rise in vaccines and bio - services. Lacks of funding and skilled employees are the obstacles for the development of biotechnology in Indian pharmaceutical companies. However, a wind of change is expected as the drugs go off patent, giving the Indian pharmaceutical companies an opportunity to upgrade their manufacturing capabilities.

To conclude, the companies have a lot of potential in store. It is estimated that the Indian pharmaceutical industry will soon enter the top 10 list of the pharmaceutical industries in the world.

Pharmaceutical companies of India are growing its pharmaceutical business to keep the feet stuck in world pharma industry.

Article Source: EzineArticles.com

Swine flu win-win game for pharmaceutical companies

Pharma Net Blogger