False


Download Learnerz IAS app from the Play Store now! Download

$show=search/label/May%202022

 


Indian pharmaceutical industry UPSC NOTE

SHARE:

  Challenges in Ensuring Affordability of Essential Medicines Patents often prevent Indian companies from producing affordable generics or ...

 Challenges in Ensuring Affordability of Essential Medicines

  • Patents often prevent Indian companies from producing affordable generics or biosimilars, leading to high drug prices.

  • Costly and time-consuming regulatory requirements for biosimilars hinder domestic production.

  • Government initiatives to import medicines can undermine domestic industry and disincentivize local production.

  • Foreign companies may enjoy monopolies due to patents and regulatory constraints, limiting competition.

  • Complex regulatory requirements and high costs of research and development add to production costs.


What is a Biosimilar?

  • A biosimilar is a biologic medical product highly similar to an already approved reference product (biologic drug).

  • They are designed to have similar safety, efficacy, and quality as the reference biologic but at a lower cost.

  • Biosimilars are subject to rigorous regulatory standards to ensure they are comparable to the original product.


Way Forward

  • Reevaluate recent measures such as import-focused strategies and duty waivers that could harm domestic production

  • Encourage local manufacturing through supportive policies and incentives, leveraging provisions in the Patents Act for compulsory and government-use licenses.

  • Modernize biosimilar approval processes by reducing redundant requirements, such as mandatory animal studies and extensive clinical trials.

  • Foster a competitive environment for essential medicines by reducing barriers to entry and supporting domestic companies.

  • Apply public interest provisions under the Patents Act to balance patent rights with public accessibility to affordable medicines.

COMMENTS

Name

Amritsar,1,April 2024,301,Art & Culture,11,August 2023,251,August 2024,400,Courses,7,Daily Current Affairs,51,December 2023,189,Disaster Management,2,Environment and Ecology,295,February 2024,228,Foundation Course,1,Free Class,1,GDP,1,GEMS Club,1,GEMS Plus,1,Geography,303,Govt Schemes,2,GS 2,1,GS1,52,GS2,346,GS3,220,GST,1,History,11,Home,3,IAS Booklist,1,Important News,71,Indian Economy,291,Indian History,22,Indian Polity,334,International Organisation,12,International Relations,237,Invasive Plant,1,January 2024,240,July 2023,281,July 2024,375,June 2022,6,June 2023,268,June 2024,324,March 2024,238,May 2022,17,May 2024,330,Mentorship,2,November 2023,169,November 2024,74,October 2023,203,October 2024,369,Places in News,2,Science & Technology,283,Science and Technology,119,September 2023,205,September 2024,336,UPSC CSE,115,UPSC Tips,4,
ltr
item
Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Indian pharmaceutical industry UPSC NOTE
Indian pharmaceutical industry UPSC NOTE
https://lh7-rt.googleusercontent.com/slidesz/AGV_vUet4mT4RAf1iwTcBF6UEyzhydsbwh5PzZ2kGihSOWs0ocNJnD0m32qinahbPZ-2fmQofg_B_c3nsXlU1wYrCHSRPzI-OB7MXt7QfXzcyjbJPTFH56na2v6gskrkV41kS_LVOMkwQJZnaW2gl3TEJn13GbCpHP4BR4hNms6R548gNA=s2048?key=GPMA7p7t4V_8sThtSurQYg
https://lh7-rt.googleusercontent.com/slidesz/AGV_vUet4mT4RAf1iwTcBF6UEyzhydsbwh5PzZ2kGihSOWs0ocNJnD0m32qinahbPZ-2fmQofg_B_c3nsXlU1wYrCHSRPzI-OB7MXt7QfXzcyjbJPTFH56na2v6gskrkV41kS_LVOMkwQJZnaW2gl3TEJn13GbCpHP4BR4hNms6R548gNA=s72-c?key=GPMA7p7t4V_8sThtSurQYg
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2024/08/indian-pharmaceutical-industry-upsc-note.html
https://www.learnerz.in/
https://www.learnerz.in/
https://www.learnerz.in/2024/08/indian-pharmaceutical-industry-upsc-note.html
true
4761292069385420868
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content