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Pharmaceutical Sector In India

Written by Marcep Inc

Topic: Business NetworkingPublished December 10, 2018
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Pharmaceutical sectors in India | Pharmaceutical industry in India | Pharmaceutical training in Mumbai | History of pharmaceutical industry
PHARMACEUTICAL INDUSTRY IN INDIA
This industry develops, produces, discover, and markets pharmaceutical drugs for use as medications. Pharmaceutical companies deal with generic or brand medications and medical devices. They are subject to a variety of laws and regulations that govern the safety, patenting, testing, efficiency, and marketing of drugs.
HISTORY OF PHARMACEUTICAL INDUSTRY
Middle of the 1800s – 1945: From botanicals to the first synthetic drugsr
The modern pharmaceutical industry traces its roots to two sources. The first of these were local apothecaries that expanded from their traditional role in the distribution of botanical drugs such as morphine and quinine to wholesale manufacture in the mid-1800s. Rational drug discovery was started from plants particularly with the isolation of morphine, analgesic and the sleep-inducing agent from opium, by the German apothecary assistant Friedrich Sertürner, who named the compound after the Greek god of dreams as Morpheus. Multinational corporations including Hoffman-la-Roche, Merck, Burroughs-Wellcome (now part of Glaxo Smith Kline), Abbott Laboratories, Eli Lilly and Upjohn (now part of Pfizer) began as local apothecary shops in the mid-1800s. By the late 1880s, German dye manufacturers had perfected the purification of individual organic compounds from coal tar and other mineral sources and had also established rudimentary methods in organic chemical synthesis. The development of synthetic chemical methods allowed scientists to systematically vary the structure of chemical substances, and growth in the emerging science of pharmacology expanded their ability to evaluate the biological effects of these structural changes.

URL: https://marcepinc.com/industries-detail/pharmaceutical-sector-in-india#

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About the Author

Marcep Inc. is a division of Marcep Group which has a JV with some of the major projects over the world and has entered the Asian market in sharing knowledge to the industry.

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