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It is encouraging to see that the Indian pharmaceutical sector is making significant strides towards becoming a global benchmark for quality through capability building, processimprovements, talent development, digitalisation, and fostering a quality-first mindset.”
On the pricing of generics, IPA stated, While generics are priced lower than the corresponding brands, it is unfair and unacceptable to link quality with cost. It attributed Indias cost advantage to high-production capacity plants, processimprovements, economies of scale, and backward integration in manufacturing.
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