Indian pharmaceutical industry in addition to providing healthcare for all at affordable cost has obligation to explore new avenues in order to discover ,develop,produce and provide new drugs for conditions for which there is either no therapy available or is inadequate in terms of efficiency and unacceptable due to safety and adverse effects. The industry has to develop better diagnostic tools and prophylatics for conditions that can be treated. Some of the prospects for Indian pharmaceutical industry that can catapult it's position in the global pharmaceutical market are as follows : 1.NEW DRUG DISCOVERY Since India is a party to the GATT agreement, it has to gear itself with respect to the patent regime specially with regard to new drug discovery. The Indian drug industry should identify and concentrate research on areas of special relevance to developing countries including malaria, filaria, HIV and opportunistic infections like tuberculosis .These areas offer...
Labelling : Labelling of the medicaments plays a vital role in the entire operation unit as proper labelling on the container provides sufficient information to the pharmacist, which in turn helps in dispensing. Proper labelling assures the accuracy in dispensing of medicaments as well as the accuracy of the pharmacy department work. Improper labelling leads to wasteage of the time both of medical as well as paramedical staff. It also leads to confusion and error. A pattern is followed which should have a detailed information on the labels of the medicaments.This pattern is as follows: A. Name: it consists of the name of the drug typed in such a manner that it is prominent and read easily. B. Strength : The strength of the dose written on the labels should be in metric systems and whole numbers (with out decimal and fractions). C. Dosage forms : The label should contain the detail information about the drug products...
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