Last month was a golden month for our country, we had three events worth cherishing. Chandrayaan 3 landing, chess prodigy Praggnanandhaa’s FIDE
world cup finals and Neeraj’s Chopra’s gold javelin throw. Amongst these, what really provided a rare moment of unity was the Chandrayaan 3 landing. Over 8.5 million viewers watched ISRO's YouTube channel the successful soft landing of Chandrayaan 3 on the moon. The whole country was ecstatic. You name the place: outside bus stops, metro stations, railway stations, cafes, airports, planetariums, offices and on private screens, all eyes were transfixed on the screen witnessing history. This has inspired not only our countrymen but the entire world. ISRO is stepping up as a formidable global space power.
This mission aims to collect images from the little-explored lunar south pole, the first spacecraft ever to reach that region of lunar real estate, which cannot be observed from Earth. From launching satellites to exploring places no man has gone before, ISRO has gone a long way, exploring space for scientific benefits. This landing has made India join the elite club of countries: The United States, The Soviet Union and China.

For years, India has referred to itself as the "pharmacy of the world." It is ranked third internationally in pharmaceutical output by volume accounting for 20% of the global supply of generics. The Indian pharmaceutical industry is currently valued at $50 Bn and is noted for its generic pharmaceuticals and low-cost vaccines. India is the world’s largest vaccine supplier the country produces roughly 60% of all vaccines. The pharmaceutical sector is beneficial not just to India but also to the rest of the world.

Some of the primary areas of the Indian pharmaceutical business include generic drugs, over-the-counter medications, bulk drugs, vaccines, contract research and manufacturing, biosimilars and biologics.

Though this bodes well for the Indian pharmaceutical business, it is not the time for condescension, the industry has a long way to go. Selling only generic drugs will not yield enough for their growth and sustenance. Generic medications are often sold at much lower prices and profit margins than their branded counterparts. This happens when a drug's patent expires, and competition among manufacturers grows.

The Indian pharmaceutical sector, divided into pre-patent and post-patent periods, has developed into a world-class generics business, but commercialization of patented items has been slow.

This calls for a shift in the pharmaceutical industry's approach, from producing only existing drugs using novel process approaches to finding and commercializing new molecules.

October 2023

September 2023

NEO SCINCE HUB is envisaged as a Web Portal and E-Magazine to provide digital access to the cutting edge and advanced technology, hosted across the globe in all the disciplines of Science, Engineering & Technology, Pharmaceuticals, Food, Dairy & Nutrition, Health Sciences, Life Sciences, Aviation, Mobility, Communication, Water & Earth Sciences, Agricultural Science, Management and many other areas that benefits the society as a whole with a super – cognizant on ecological fortification and sustainability.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

Neo Science Hub Magazine - September 2023

Neo Science Hub Magazine - September 2023

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