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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.
This story is from the February 02, 2025 edition of Business Today India.
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