Developing countries across the world face several challenges, key among which is providing their people with affordable medicines of high-quality.
Today, India is the world’s primary source of affordable HIV medicines as it is one of the few countries with the capacity to quickly produce newer HIV drugs as generics.
A ‘public first’ approach to policy, strict IPR policy and doctors who have used reverse-engineering to introduce generic drugs, are some of the reasons that India has emerged as the ‘pharmacy’ of the developing world.
"Before 2005, India did not grant product patents on medicines. This allowed for the production of low-cost, generic versions of medicines that were patented in other countries. Indian manufacturers, with their reverse engineering skills, were the first to market low-cost versions of the life-saving cancer and HIV drugs (Zidovudine) within a few years of their US launch. Robust competition among generic producers in India has resulted in a price reduction of more than 99 percent for medicines across different therapeutic areas, including Hepatitis C, HIV/AIDS, Malaria, Tuberculosis and medicines for non-communicable diseases that are critical for public health programmes. But in the present day, a large part of the world rely on India , making the country a ‘pharmacy' of the world."
"Before 2005, India did not grant product patents on medicines. This allowed for the production of low-cost, generic versions of medicines that were patented in other countries. Indian manufacturers, with their reverse engineering skills, were the first to market low-cost versions of the life-saving cancer and HIV drugs (Zidovudine) within a few years of their US launch. Robust competition among generic producers in India has resulted in a price reduction of more than 99 percent for medicines across different therapeutic areas, including Hepatitis C, HIV/AIDS, Malaria, Tuberculosis and medicines for non-communicable diseases that are critical for public health programmes. But in the present day, a large part of the world rely on India , making the country a ‘pharmacy' of the world."
Today, India is the world’s primary source of affordable HIV medicines as it is one of the few countries with the capacity to quickly produce newer HIV drugs as generics.
Today, India is a main supplier of vaccines to UNICEF and to the Ministries of Health in numerous countries. India has been recognised as one of those eminent serviceable countries to provide one of the cheapest and quality vaccines to the world.
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