How Coronavirus is affecting the Indian Pharma Industry?



Indian Pharmaceutical enjoys a predominant position in the global market. The pharmaceutical industry of India gas been flourishing vigorously over the last five years. From a market size of USD 12.6 billion in 2009, the Indian pharmaceutical market will grow to USD 55 billion by 2020, with the potential to reach USD 70 billion in an aggressive growth scenario. From the domestic level to the international level, the growth of the Indian pharmaceutical industry is commendable.

The newly arising problem that Indian pharmaceutical sector and PCD Pharma Franchise Company is facing the threat of coronavirus. Coronavirus outbreak in China, now spreading its tentacles across the nation which involves India too. The cases of coronavirus infected people are increasing very rapidly. Many people have lost their valuable lives due to coronavirus outbreak. Coronavirus is not only affecting the lives of the people but also affecting the Indian Pharma Industry which is a serious matter in terms of economy and healthcare facilities. There are many negative impacts of this outbreak.
  1. China’s coronavirus pandemic is threatening to disrupt India’s $39-billion drug production by halting or severely affecting the flow of imports of bulk drugs and intermediates from the country.
  2. India is likely to face shortages of essential drugs.
  3. The problem for the Indian industry has been compounded by the fact that much of Chinese drug raw material production is concentrated in Hubei, whose capital is Wuhan, the epicentre of the coronavirus outbreak.
  4. There are approximately 30-40 units of basic chemicals, API and intermediates in Hubei which supply products to India.
  5. According to government data, bulk drugs used to manufacture medicines were among the top 10 imports from China between 2015 and 2019.
  6. While an impact is expected across the board if the situation does not improve, experts feel pharmaceuticals may be among the sectors to be hit the hardest.
  7. China supplies nearly 70% of the total bulk drugs and intermediates (raw materials) imported to make medicines in India.
  8. Some 354 drugs and drug ingredients were imported from China in 2017.
  9. Bulk drugs and drug intermediates accounted for $1.5bn or 3% of India’s imports from China.
  10. According to the Trade Promotion Council of India, approximately 85% of active pharmaceutical ingredients (APIs) imported by Indian companies are from China.




Coronavirus and its symptoms
Like other coronaviruses, it has come from animals. Many of those initially infected either worked or frequently shopped in the Huanan seafood wholesale market in the centre of the Chinese city, which also sold life and newly slaughtered animals. Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases.
  1. Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties.
  2. In more severe cases, the infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.



Opportunities for the Indian Pharma Industry
The coronavirus is affecting the Indian Pharma Industry but on the other side, it has created several opportunities too. Though it is a very crucial time it has provided a very good opportunity to compete with the Chinese Pharma Industry.
  • It is a very good opportunity for the Indians pharmaceutical manufacturers to grab share from their Chinese competitors.
  • Improving the overall capacity utilization of existing manufacturing plants in India as a short-term solution to such supply disruptions.



BioCorp Life Sciences Pvt. Ltd. is an ISO Certified PCD Franchise Company. The company expanding its pharmaceutical business venture by appointing the distributors with many benefits as well as monopoly rights. Over the years, we have become well-known as the leading name for the Tablets, Capsules, Ayurvedic and Herbal Products, Injectables, Liquids, and so on. In the industry, our drugs offered are recognized for their high efficacy, ideal purity level, and longer shelf life. To top in the global market, the company is planning to launch various drugs delivery models as well as manufacturing units.
Contact Information
Name – Biocorp Lifesciences Pvt. Ltd.
Contact us - Bldg. No. – 99, Swastik Vihar, Sector 5, MDC Panchkula, India – 134109
Call us - +91 8727990700

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