Financial performance of the Indian drug and pharmaceutical industry, Imports and Exports

Global Pharma market size in the calendar year 2015 is estimated at $1060 billion as per IMS with a very marginal growth rate of 1-2%. India’s total export of pharmaceuticals( APIs, Generics and Alternative system of medicine) during 2015-16 was $16.89 billion with a growth of 9.44%. India’s exports in INR terms has recorded a growth of 17% and was valued at 11 0,52 2crore during Fy-15

A Global generic market is estimated to be of size $ 294 billion. The market grew 2015 approximately by 4% as Per IMS (World renowned market audit agency) data. India, a predominant player in the Generic market has docked $ 12.6 billion of &ports out of this $ 294 a growth of 12.8% during the year 2015-16.

Following table shows the progress of India’s exports of Pharmaceuticals during the last
three years.

India’s Exports of Pharmaceuticals Category wise in $ mn
Category
Fy-1 5
Fy-1 6
Grtfc
Ayush
118.46
108.76
-8.19
Bulk Drugs & Drug Intermediates
3564.57
3585.05
0.57
Drug Formulations & BiologicaIs
11214.16
12645.51
12.76
Herbal Products
236.41
249.84
5.68
Surgical s
299.46
300.02
0.19
Grand Total
1 5433.06
16889.18
9.44
Source: DGCIS

India has a market share of almost 80% of a Generic market size of Africa. A region of North American as contributed over 33%to India’s pharmaceutical exports and has grown by a 26% in Fy-l6 which is highest when the data is plotted by regions as shown in Table-2.

Region wise Performance in the April- March
Row Labels
Fy-1 5 Fy-16 Gr% Contb%
North America
4517.94
5704.07
26.25
33.77
Africa
3089.03
3348.55
8.40
19.83
EU
2445.49
2549.31
4.25
15.09
LAC
1076.99
1032.68
-4.11
6.11
Asean
1055.62
1031.09
-2.32
6.11
Middle East
956.12
978.51
2.34
5.79
India’s exports to top 25 countries during 2015-16 in $ mn
Rank
Country
Fy-15
$mn
Fy-16
$mn
Growth*
Contb*
cum
contbn*
Change in Value
1
USA
4309.72
5502.96
27.69
32.58
3258
119324
2
SOUTH AFRICA
511.36
60620
18.67
3.59
3618
95.45
3
UK
54a 24
56429
328
324
32 S2
21.05
4
NIGERIA
420.50
43726
3.98
2.59
4211
16.76
5
RUSSIA
42480
374.02
-11.95
221
4432
-50.78
6
GERMANY
37267
347.53
-6.75
2.06
4638
-25.14
7
KENYA
28420
33321
1724
1.97
48.35
49.00
8
BRAZIL
37619
32522
-13.55
1.93
5028
-50.98
9
NETHER LAND
24243
243.49
0.00
1.44
51.72
0.01
10
AUSTRALIA
20620
23325
13.12
128
5210
27.05
11
FRANCE
209.00
232.16
11.08
127
5447
23.17
12
VIETNAM SOC REP
23245
22123
-523
121
5678
-1222
13
SRI LANKADSR
17116
206.14
18.47
121
57.00
31.99
14
CANADA
208.22
201.11
-3.42
1.19
5819
-7.11
15
PHILIPPINES
155.99
193.25
2388
1.14
59.33
3726
16
BELGIUM
154.01
192.15
24.77
1.14
60.47
38.14
17
IRAN
17480
179.53
2.71
1.06
61.53
4.73
18
TANZANIA REP
187.44
178.51
-4.76
1.06
6299
-8.93
19
NEPAL
169.17
170.14
0.57
1.01
6160
0.97
20
UGANDA
15828
160.25
6.94
1.00
6460
10.98
21
EGYPT A RP
11695
161.85
3889
0.96
6656
44.90
22
MEXICO
12664
1 60.25
26.54
0.95
6651
33.61
23
TURKEY
147.77
199.92
822
0.95
67.45
12.15
24
MYANMAR
17251
154.40
-10.50
0.91
6837
-18.11
25
THAILAND
157.37
147.71
-6.14
087
69.24
-9.66
 
Total of the above
1023712
11694.64
1424
6924
69.24
1457.52
 
Grand Total
1543106
16889.18
9.44
100
1456.12

India’s Pharmaceutical industry has filed the highest number of DMFS with US FDA and by the end of 2015, of fillings stands at 3820. India’s totaling 3470 by Feb 2016 ATCs.

Following Table gives an overview of India’s Accreditations.

Authority

Name of Regulatory Agency

Nos.

USA
DMFs filed with U.S. FDA (companies) (As on 31st march 2015)
238
No: of Sites(Bulk drugs + Formulations) Registered with US FDA (as on 15th april20l 5)
605
Total No Of DMFs (Type II Active) filed from India (as on 31 St Dec 2019
3820
ANDAs(Ason Feb2016)
3470
               EUROPE
Formulation companies withUSFDA approvals.
53
Number of CEPs received (as of February 201 6)
1354
Number of companies with CEPs
220
Number of Molecules for which CEPs have been filed with EDQM
382
No of Sites with EU GMP Compliance as on 15thFebruary 2016
631
UK MHRA (Medicines Healthcare Regulatory Agency), Market authorizations as on March 2015
1559
Number of CEPs with Irish Medicines Board
300
Number of companies registered in Irish Medicines Board
19
Number of Authorisations with Sweden MPA (Lakemedelsverket)
209
Number of companies having MA s with Sweden MPA (Lafcemedelsverket)
14
WHOGMP
WHO GMP Certified Plants (as per Drug Controller General of India)
1400
Ethiopia
DACA (Drug Administration and Control Authority), Ethiopia (companies)
50
Tanzania
(TFDA) Tanzania Food and Drugs Authority (companies)
1373