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THE BIG PHARMA OPPORTUNITY
Business Today India
|February 02, 2025
The patent expiry of key drugs in 2025-26 will open up additional market space for Indian manufacturers of generics and biosimilars
A SIGNIFICANT OPPORTUNITY lies ahead for the Indian pharmaceuticals industry in 2025-26. During this period, the patents of 20-25 high-revenue drugs will expire-a situation known as the patent cliff-presenting a big chance for Indian firms to introduce more affordable alternatives, adding to their already impressive supply of over 20% of the world's generic drugs. "India already has a strong position in the global generic drugs market. The patent cliff will further enhance this role," says Rashmi Chaturvedi Upadhyay, Senior Pharma Consultant at Dialectica, an information services firm.
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