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US drug patent expiries to benefit Indian pharma

Posted On 11 Sep 2014
By :

Indiapharmapower

Expiry of drug patents in the US is great news for not only consumers but also the domestic pharmaceutical industry, where generics account for about 75 per cent of total sales, CARE Ratings said in its report released here today. Indian pharmaceutical companies have an opportunity to capitalise on the patent cliff and gain a greater share of the growing generics market.

Read the source article at DNA India

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