Generic Medicines in India: A Revolution in Affordable Healthcare

Generic Medicines in India: A Revolution in Affordable Healthcare

Indian Generic Price: Providing Affordable Quality Medicines

Dr. Yussef Hamied from India electrified the world by announcing that the generic company Cipla would manufacture and supply the triple fixed-dose combination of HIV antiretrovirals at $1 a day, a 99.99 percent price cut. Stay updated by checking our website or subscribing to our newsletter for ongoing offers. This is the Government Services Portal of India, developed with an objective to enable a single window access to services being provided by the various Indian Government entities. It is designed and developed by National Informatics Centre (NIC), Ministry of Electronics & Information Technology, Government of India. National Skill Development Coorporation has identified more than 60 job roles for the pharmacy graduates and post gradutes for consideration under the Pradhan Mantri Kaushal Vikas Yojna. In a very proactive move, the Government of India is setting up an electronic platform to regulate the profusion of online pharmacies that are coming up, under a new policy, to stop any misuse due to easy availability.

  • Generic medicines in India must adhere to the same regulatory standards as branded drugs.
  • The Scheme is being implemented through the Bureau of Pharma PSUs of India (BPPI), under the administrative control of the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India.
  • It is clear that since the ancient times India had a very systematic, scientific and rational approach to the treatment of diseases.
  • On the other hand, India’s policy and lawmakers have identified generic competition as the strongest and most effective force to reduce drug prices.
  • As a leading Jan Aushadhi supplier, we are committed to making high-quality, affordable medicines available to healthcare providers and patients across India.
  • The PMBJP scheme aims to make quality generic medicines available and affordable to all sections of society, especially the economically weaker sections.
  • Today, India is a main supplier of vaccines to UNICEF and to the Ministries of Health in numerous countries.

Pradhan Mantri Jan Aushadhi Yojana: A Game Changer for Generic Medicines

The Vice President of India, Shri M. Venkaiah Naidu has called up on the pharmaceutical industry to work towards making India an International Capital of Generic Medicines. With years of experience and partnerships across the pharmaceutical industry, we guarantee timely and secure delivery. We provide a wide range of specialty drugs, from anti-viral treatments to nephrology drugs, addressing complex medical needs.

  • While the Pradhan Mantri Jan Aushadhi Yojana (PMJAY) has promoted the use of generic medicines, there is still a lack of awareness about the benefits of generics among the general public and even some healthcare professionals.
  • The Jan Aushadhi initiative will make available quality drugs at affordable prices through dedicated stores selling generic medicines which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs.
  • Long monopoly of a single company in the US  keeps prices high because generic competition is blocked.
  • Generic drugs are tested rigorously to ensure they meet the same safety and efficacy standards as brand-name drugs.
  • Generic medicines can only be produced after the patent on the brand-name drug has expired.
  • As of December 2023, the government has already established 10,006, with 206 medicines and 13 surgical equipment have been newly added this year in Jan Aushadhi stores in the country.
  • Rural health programmes, lifesaving drugs and preventive vaccines should also receive attention from policy makers and Pharma companies alike.

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It can depend on the clinical data presented by the innovator’s company for the safety profile of the medicine. By offering affordable and accessible healthcare options, generic medicines play a critical role in lowering healthcare costs while ensuring high standards of safety and effectiveness. This law fostered the growth of a strong domestic pharmaceutical industry focused on producing affordable generic drugs. It enabled Indian companies to manufacture medicines at much lower costs, without infringing on patents held by multinational corporations. Before the 1970s, India’s pharmaceutical market was dominated by multinational corporations, which produced and sold branded medicines at high prices. The Indian pharmaceutical industry was relatively underdeveloped, and most medicines, especially life-saving ones, were imported, making them inaccessible to a large part of the population due to high costs.

  • The Jan Aushadhi initiative will make available quality drugs at affordable prices through dedicated stores selling generic medicines which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs.
  • Long monopoly of a single company in the US  keeps prices high because generic competition is blocked.
  • Generic drugs are tested rigorously to ensure they meet the same safety and efficacy standards as brand-name drugs.
  • Presently over 80 per cent of the antiretroviral drugs used globally to combat AIDS are supplied by Indian pharmaceutical firms.
  • ‘Make in India’ is one of the key programmes launched by the government to boost the economy and the aim is to transform India into a global manufacturing hub.
  • With the health sector being a priority, the Government of India is continuously working to provide affordable treatments and medicines at cheaper prices to its citizens.

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This makes them more accessible to patients and healthcare providers across different regions. The scheme was a major milestone in making healthcare accessible to all citizens, especially in rural and underprivileged areas. PMJAY also helped raise awareness about the benefits of generic medicines, countering the perception that generics are of lower quality. The AIDS crisis in the late 1990s further highlighted India’s role in the global healthcare system. Indian companies, particularly Cipla, gained international recognition by producing affordable generic antiretroviral (ARV) drugs to treat HIV/AIDS, which significantly lowered the cost of treatment in Africa and other developing regions.

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Indian Generic Price: Providing Affordable Quality Medicines

Further, Clause 1.5 of Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002 prescribes that every physcian should prescribe drugs with generic names legibly and preferably in capital letters. Additionally, the erstwhile Medical Council of India (MCI) had issued Circulars vide which all the Registered Medical Practitioners have been directed to comply with the aforesaid provisions. You can trust Indiangenericprice for reliable access to specialized medications that are affordable and delivered worldwide.

What is the focus of Medkart Pharmacy?

PMBJP stores have been set up to provide generic drugs, which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs. Government agencies, pharmaceutical companies, and healthcare professionals should launch awareness campaigns to educate the public about the benefits of generic medicines. Patients should be informed that generic drugs are just as effective as branded drugs but at a lower price. The Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) was launched to promote the use of generic medicines and reduce healthcare costs for the masses. Under this scheme, Jan Aushadhi stores have been set up across India, where generic medicines are sold at affordable prices, making essential drugs accessible even in remote areas.

We Have 5+ Year’s Experience in exporting medicine globally

There are more than 700 medicines; more than 150 surgicals and consumables are available at affordable prices for all at more than 4000 ‘Jan Aushadi Kedras’ across the nation. ‘Pharma Jan Samadhan’, a customer grievances redressal system was launched and a mobile application – ‘Pharma Sahi Daam’ that provides real-time information to consumers on prices of Scheduled/Non-scheduled medicines has also been introduced. Our medications are sourced from Indian certified manufacturers and meet global regulatory standards. We help you to access high quality generic medicine and overcome financial barriers. How the law works is borne out of the patent decision in 2005 which rejected the Swiss pharmaceutical company Novartis’ attempt to patent the salt/crystalline form of ‘Imatinib,’ a life saving medicine for treating chronic myeloid leukemia.

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Under the Scheme, dedicated outlets known as Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) are opened to provide generic medicines at cheaper rates to the citizens. Government has set a target to open 10,500 Kendras across the country by March 2025. As a leading Jan Aushadhi supplier, we are committed to making high-quality, affordable medicines available to healthcare providers and patients across India. Contact us today for bulk orders and learn more about how we support the mission of affordable healthcare.

Quality Assurance

Yes, Medkart Pharmacy offers a diverse range of over-the-counter products to meet common health needs. We at Medkart Pharmacy dream of making sure that everyone is truly aware of Generic Medicines. You can also buy essential medical products, branded or generic medicines online from medkart official website. Increasing the number of Jan Aushadhi Kendras across India, especially in rural areas, can ensure the availability of generic medicines to even the most underserved populations. As India continues to address its healthcare challenges, the role of generic medicines will remain vital in ensuring that all individuals have access to the medications they need for maintaining good health. Despite these changes, Indian pharmaceutical companies continued to thrive by focusing on producing generics for medicines whose patents had expired and exporting them worldwide.

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Many rural pharmacies may not stock a wide range of generics due to logistical challenges or low demand, leading patients to rely on more expensive branded alternatives. While generic medicines have played a transformative role in improving healthcare accessibility and affordability, they also face several challenges in India. These issues stem from quality control, regulatory oversight, and consumer perception, all of which can hinder the widespread acceptance and effectiveness of generics in the country. Today, India is one of the world’s largest producers and exporters of generic medicines, accounting for about 20% of the global supply. Indian pharmaceutical companies manufacture a wide range of generic drugs, including antibiotics, antivirals, and medicines for chronic diseases like diabetes and hypertension.

Pradhan Mantri Bhartiya Janaushadhi Kendra scheme ensures quality generic medicines available at affordable prices to all citizens. Under the scheme, dedicated outlets known as Janaushadhi Kendras are opened to provide generic medicines at affordable prices. By providing affordable medication options, harvoni cost uk generic medicines ensure that low-income individuals and underserved populations have access to necessary treatments, reducing healthcare disparities across the country. Generic medicines are produced after the patent on a branded drug expires, allowing multiple manufacturers to make the same drug.

It is quite heartening to note that the Pharma sector is out-performing most other sectors in achieving consistently high growth. The Pharma industry has posted a robust,  double-digit growth over the last few years. The industry was worth US $36.7 Billion in 2017 and is projected to grow to US $55 Billion by 2020. The Atharva veda is a treasure trove of knowledge and wisdom in the field of medicine. It is clear that since the ancient times India had a very systematic, scientific and rational approach to the treatment of diseases. I have been buying prostate cancer medicine Abiraterone for my dad regularly with them.

Generic Drugs in India: A Complete Guide

By offering low-cost, high-quality alternatives to branded drugs, generic medicines help reduce healthcare costs and improve access to treatments, supporting the government’s broader goal of universal healthcare. India is one of the world’s largest producers of generic drugs, with Indian pharmaceutical companies supplying over 50% of global demand for various vaccines and 40% of the generic drugs used in the United States. The Indian government has taken several initiatives to promote the use of generic medicines domestically, including the Pradhan Mantri Jan Aushadhi Yojana (PMJAY), which provides quality generic medicines at affordable prices. India’s generic medicines are not only essential for its own population but also play a critical role in global healthcare. The country’s pharmaceutical sector has become a reliable source of affordable medicines for developed and developing countries alike. The history of generic medicines in India reflects the country’s commitment to ensuring affordable and accessible healthcare.

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Thus, access to low-priced generic drugs is very critical in ensuring health care at affordable prices. Generic medicines are drugs that contain the same active ingredients as branded medicines, but are sold under their chemical name. They are equivalent in dosage, safety, strength, quality, and intended use, offering the same therapeutic benefits at a much lower cost. Continued focus on strict regulatory standards is essential to ensure that all generic medicines meet the required quality and safety benchmarks. Generic drugs in India must meet strict quality standards set by the Central Drugs Standard Control Organization (CDSCO). Generic medicines are widely available and are often produced by multiple manufacturers once the patent for the original drug expires.

Under the National Pharmaceutical Pricing Policy, as on December 15, 2016, ceiling price of 853 formulations are under price control. It  has also introduced a range of fiscal incentives to promote domestic manufacturing, including the reduction of inverted duty structure and basic customs duty. Pharmaceuticals is one of the fastest growing contributors to “Make in India” campaign since its inception. India also has a large pool of talented scientists and engineers who have the potential to lead the industry ahead to greater heights.

Generic medicines are drugs that contain the same active ingredients as their brand-name counterparts but are sold under their chemical names, without any brand identity. The only significant difference is the price, as generic drugs are often 30% to 90% cheaper than branded medicines. With the health sector being a priority, the Government of India is continuously working to provide affordable treatments and medicines at cheaper prices to its citizens. The demand for generic medicines is rising as the Jan Aushadhi stores, across the country, are serving lakh people per day.

Global Reach

PMBJP seeks to keep product price within 50% of branded product price to make it affordable for all, especially the poor. In December 2023, the Department of Pharmaceuticals announced the availability of Jan Aushadhi Suvidha Oxo-Biodegradable Sanitary Napkins at Rs. 1 to ensure easy accessibility of and provide affordable sanitary napkins to women in India. From the beginning until November 30, 2023, more than 47.87 crore Jan Aushadhi Suvidha Sanitary Pads have been purchased from Jan Aushadhi Kendras. Healthcare and its allied industries being the fifth-largest employer among all sectors, the Vice President asked the industry to invest in skilling. Given the significance of highly educated and specialized scientists in the sector, skill development is crucial, he said. He asked for a constant coordination between government and Industry to remove disconnect between demand and supply of skilled manpower in pharmacy sector.

These medicines are available through more than 8,600 PMBJKs functioning across the country. Though the active ingredients are the same, generics often come with different packaging, branding, or labeling compared to the original drug. New healthcare challenges are emerging every day, especially with the alarming rise in the number of non communicable and lifestyle diseases and cancers. I urge young researchers to work towards standardizing and benchmarking Indian systems of medicine. It is up to you to establish the efficiency, validity and efficacy of these traditional medicines, using globally established experimental protocols. It is my ambition that along with being the world leader in generic medicines, we should also promote Indian systems of Medicine.

The government and the Pharma sector in unison have managed to effectively harness the power of Information technology to improve efficiency. The Supreme Court of India also upheld the 2006 decision of the Indian patent office that refused a patent for a mere incremental innovation to a Swiss Pharma major. India already has the second highest number of US FDA approved facilities and labour costs in Indian are significantly lower than other manufacturing hubs.

Generic medicines in India must adhere to the same regulatory standards as branded drugs. The Central Drugs Standard Control Organization (CDSCO) oversees the approval and regulation of generic medicines to ensure they meet high standards of safety, efficacy, and quality. This regulatory oversight helps maintain public trust in generic drugs and ensures that they are as effective as their branded counterparts.

Generic medicines are much cheaper because they do not involve the initial research and marketing costs of branded medicines. However, they are bioequivalent to branded drugs and are just as safe and effective. While generics are generally cheaper than branded drugs, there can be variability in the pricing of generic medicines across different regions and pharmacies. This can confuse consumers, and in some cases, patients may not experience the cost savings they expect. During the 1980s, Indian pharmaceutical companies like Cipla, Ranbaxy, Dr. Reddy’s, and Sun Pharma started gaining momentum by producing high-quality generic medicines. These companies began to challenge the dominance of global pharmaceutical giants by offering the same medicines at significantly reduced prices.

Our support team works tirelessly to assist patients and healthcare providers with their medication requirements. In 2005, India adopted a strict medicines patent law that, while allowing patent protection for new pharmaceutical compounds, makes it tougher to get a patent on new forms of existing medicines. Governments of developing countries have also initiated HIV treatment programmes using generically produced medicines from India.

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