A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations

1. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations

2. About Pinnacle Lifescience • Pinnacle Life Science is a 100% subsidiary of India’s most trusted pharmaceutical company Aarti Drugs Ltd (ADL) and forms part of $ 1.5 billion conglomerate of the esteemed Aarti Group of Industries. • With 35 years of healthcare commitment through Aarti Drugs, Pinnacle has made its presence in nearly 90+ countries. Treading carefully on the path of efficient healthcare, the state-of-the-art manufacturing facility is designed to produce formulations that meet international quality standards and stringent regulatory compliances to trade beyond borders. • With significant expansion in R&D, Manufacturing & Marketing capabilities, we are poised for an accelerated growth.

3. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • Efficient and robust business strategies of top cdmo companies in India define the long-term success of any venture. The pharmaceutical industry is no different. In fact, with a greater global reach than most other industries, a solid grip on business strategies and operations becomes all the more important. • If a company is aspiring to surpass existing benchmarks and conquer the markets, it needs to understand how they operate. Understanding regulated and emerging markets in the pharmaceutical landscape is a good place to start.

4. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • A Brief Summary Of The Contemporary Global Market • In the 1980s, when a person referred to the ‘worldwide’ pharmaceutical market, they meant only the United States, Japan, and Europe. That is because these three regions accounted for the majority of sales, solidifying their status as regulated markets. Other areas came under the umbrella of ‘developing’ markets. • However, lately, there has been a significant shift in these concepts. ‘Developing’ markets rapidly turned into ‘emerging’ markets and are making their way towards acknowledgement as ‘growth’ markets. • Today, China and India have become major markets with top spots in the global pharmaceutical market, with other emerging markets in Latin America, parts of Africa, and more.

5. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • It’s Not Always About Market Growth • Emerging markets are not just opportunities for reaping benefits. For instance, Pinnacle Life Science, a 100% subsidiary of Aarti Drugs Ltd. (ADL), is one of India’s most trusted pharmaceutical providers. However, it also has a remarkable presence in over 90 countries worldwide. The goal here is not to expand aimlessly but to follow a careful path involving efficient healthcare that opens up drug access for patients in hard-to-reach regions while keeping in touch with the company’s values: Pioneering community well-being.

6. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • Pharmaceutical companies like Pinnacle Life Science had expanded onto the global field mindfully while still being in their initial stages. Forethought and smooth business operations make strategic global launches in regulated and emerging markets possible. • It is noteworthy that aligning regulatory strategy spanning different countries saves all stakeholders a lot of time and resources. Furthermore, medical practices and metabolic systems differ from ethnicity to ethnicity. Pharma companies must have careful ranges of products for regulated markets and emerging markets. • The result of this is quick and early access to drugs and medicine by patients.

7. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • What Are Regulated Markets? • Countries that follow ICH principles together with their regionally tailored regulations for the drug approval procedure are termed regulated markets in the pharmaceutical business. One of the most important criteria for these regulated marketplaces is a CTD or Common Technical Document. The United States, Japan, United Kingdom, Germany, Canada, and others comprise the regulated market. • In a regulated market, services are provided under the supervision of a government-approved entity. A strict drug approval system’s ultimate goal is to guarantee that pharmaceutical goods of optimal quality and efficacy are produced. Before a new drug can be authorised for marketing, it must first be proven safe and effective.

8. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • What Are Emerging Markets? • The pharmaceutical business has a tremendous opportunity in emerging markets. Economists characterise emerging markets as growing prosperous countries where investment is likely to result in an increased income despite significant risks, although there is a lack of formal definition. • A market’s position as emergent is determined not only by the country’s economic situation but also by a set of criteria that make the definition relevant to all countries. • There is agreement that the leading economies of emerging markets are BRICS (Brazil, Russia, India, China, and South Africa), as well as MIST (Mexico, Indonesia, South Korea, and Turkey). In only five years, pharmaceutical sales in BRICS and MIST nations increased, achieving a market share of around 20%.

9. A Glimpse At The Global Pharmaceutical Market – Pharma Business Operations • To conclude: • The global pharmaceutical market is welcoming exponential growth now more than ever before. However, it also has a distinction in terms of market nature and processes, with regulated markets and emerging markets being the guiding factors. • Understanding business operations and curating close strategies specific to each type of market is the way to go for successful marketing and development. • Know more: https://www.pinnaclelifescience.com/2022/01/22/a-glimpse-at-the-global-pharmaceutical-market-pharma-business-operations/

10. Contact Us Address: Mahendra Industrial Estate, Ground Floor, Plot No. 109D, Road No 29, Sion(E) Mumbai-400022, India. Phone No: +91 (22) – 24019025 Email: export.pinnacle@aartidrugs.com Site: www.pinnaclelifescience.com