Written by Autorr Added: December 9, 2010
The generics market in Spain has begun to develop in the early 2000s.
According to a study by PricewaterhouseCoopers, India will be one of the top 10 markets for the sale of generic drugs in 2020 and foreign companies can not ignore the enormous potential of the Indian pharmaceutical market.
The best-known pharmaceutical manufacturers that produce high quality generic medicines are:
• Laboratories Aurochem
• Remedies Unicure
• The chemical laboratories, industrial and pharmaceutical (Cipla)
• • Intas Pharmaceuticals Ind-Swift Laboratories
• Laboratories Olcare
• • Glenmark Pharmaceuticals Micro Labs
• Ranbaxy Laboratories
• Unichem Laboratories
• Vipro Lifescience
Like all other products, the drugs are protected by patents whose term is set to twenty years. In 2004, India changed its rules on patentes.El patent system in India is designed to encourage companies to invest in the production of low-cost generic medicines as widely available in the international market at low Prices.
Generic drugs are approved by the FDA in the same way as the branded drugs. The FDA or Food and Drug Administration regulates the market and protects consumers by inspecting drug manufacturers, reporting about products that do not meet standards.
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