India has been dubbed the largest pharmaceutical exporter in the world. The homegrown pcd pharma franchise in India has developed into one that serves as an integral link in the global pharma supply chain.
With the Covid-19 pandemic putting severe strain on global medicines supply and distribution chains, the global supply of life-saving medicines must remain unhindered and unstopped. All the best pharma franchise company in India have come together. They are boosting supply chains and cold storage to facilitate the easy transportation of vaccines and other medication that has proved vital to saving lives in this time of crisis.
The importance of maintaining strong supply chains
With the medical health industry thrown into disarray, the focus has been gradually increased on saving the lives of patients suffering from Covid. While this is necessary, the lesser focus has been provided to the areas that allow doctors and nurses to save patients- namely, medicine supplies, the chain of distribution, ease of procuring medicine on the market, and so on.
This has led to an acute shortage of medicines on the market.
Notwithstanding the need of Covid patients, patients who live with chronic illnesses like diabetes, cholesterol, BP, and more, have been forced to scrounge for medicines. In addition, the rise in demand for remdesivir and other essential drugs in the fight against Covid has sent shockwaves through the supply chains of other medicines like those for chronic illnesses.
This is why the pcd pharma franchise in India has a dual focus- aiding patients who are suffering from Covid, as well as ensuring a steady supply for individuals suffering from chronic diseases.
How India plays a vital role in medicine supply
The statistics speak for themselves. India supplies almost 50% of the raw materials required for global vaccine production and around 40% of the supplies required for other generic medicines. Thus, India is set to play an important role in the global pharma market.
This is the reason why you can find the best pharma franchise company in India. To keep up with the demand for medicines, Indian pharma companies have been innovating and designing better and stronger supply chains.
Domestic as well as international demand for medicines and drugs have gone up astronomically in the past year, owing to the pandemic. This has allowed pharma companies to innovate and strategize quickly to keep up stock and smoothen the distribution of medicine and raw materials.
The rapid growth of the pcd pharma franchise in India has led to a demand for stringent checking and regulations as well. Therefore, all the best pharma franchise company in India are subject to regulations and checking to ensure that products are of the highest quality and conform to the strictest standards.
The pcd pharma franchise in India has seen massive growth. It is a testament to the rising demand for steady global medicine procurement chains in the aftermath of the pandemic. As a result, Indian pharma companies will their importance grow in the coming years.