ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Quiz , Marketplace and Community games > Stock Markets Tips & Gyan !!

Obama's key healthcare law may boost Indian generics

Obama's key healthcare law may boost Indian generics

Discuss Obama's key healthcare law may boost Indian generics within the Stock Markets Tips & Gyan !! forums, part of the Quiz , Marketplace and Community games category; The historic ruling of the US Supreme Court last week which upheld President Barack Obama's Patient Protection and Affordable Care ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
Obama's key healthcare law may boost Indian generics
Old
 (1 (permalink))
Epic Research
epicresearchindore is an unknown quantity at this point
 
epicresearchindore
Analyst/Research at Epicresearch
Management Paradise Guru
 
Status: Offline
Posts: 2,010
Join Date: Jun 2012
Obama's key healthcare law may boost Indian generics - July 31st, 2012

The historic ruling of the US Supreme Court last week which upheld President Barack Obama's Patient Protection and Affordable Care Act to make minimum healthcare insurance a must for the US citizens could also be a big opportunity for the Indian generic drug industry, reports CNBC-TV18's Archana Shukla.

Also watch the accompanying video

Barack Obama's big victory could turn out to be a big opportunity for the Indian generics drug industry. With the US Supreme Court upholiding Obama's healthcare reforms, mandating all Americans to secure "minimum essential" health insurance, another 26 million newly-insured patients will be added to the 250-million insured in the US.

Generics form 75-80% of all prescribed drugs sold in the US and experts say the expanding insurance coverage will force insurance companies to push for more generics to keep costs low.

Potential beneficiaries could be Indian generics drug companies like Dr. Reddy's Laboratories , Lupin , Ranbaxy and Glenmark .

Although the Healthcare Reform Law imposes an annual fee on drug firms who sell branded products at a premium in the US market, generic firms selling drugs at already discounted rates will be spared of the fee.

According to report submitted by Edelweiss Securities, Section 10609 of the Healthcare Reform Law is intended to increase access to low-cost generic drugs by preventing innovators from delaying approval of generic products by making changes to the labels of the branded or listed drug. This provision will enable faster approvals of generic drugs.

Besides, the survival of the Biologics Price Competition and Innovation Act also makes way for cheaper biotech drugs and is expected to fuel the growth of the biosimilars market from the current USD 3 billon.

This Act which offers interchangeability of biologics will boost the efforts of pioneering biosimilars giants like Sandoz and Hospira and Indian firms like Biocon , Dr Reddy's and Lupin who have been working on a strong biosimilars pipelines. 'Obamacare' could be a shot in the arm for the US President as he gears up for elections and a big opportunity for the Indian pharma industry.
Advertisements
Friends: (0)
Reply With Quote
Related to Obama's key healthcare law may boost Indian generics
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
View of a MARBLE industry chaitalithakker Miscellaneous Projects 12 July 4th, 2014 10:26 PM
Quotable Quotes on India vengabeats Articles !! 2 July 12th, 2013 06:07 PM
Indian Economy Overview vengabeats Articles !! 3 January 9th, 2013 10:31 AM
A Msg for Every Indian Vishal Bhawsinghka Articles !! 3 March 19th, 2009 04:14 PM
Website Address of Indian Universities vengabeats Indian B schools, College Zone and Campus Talks 3 August 3rd, 2006 06:57 PM
 

Reply

Bookmarks

Tags
boost, generics, healthcare, indian, key, law, obama, obamaand#039s

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

Short Term Technical... ( 1 2 3... Last Page)
Last post by Windsor Brokers
8 Minutes Ago 03:34 PM
59 Replies
Solution manual on... ( 1 2 3)
Last post by Mitchelle Santos
1 Hour Ago 01:54 PM
21 Replies
Corliss Law Group: 4...
Last post by Cuthbert Franke
3 Hours Ago 11:46 AM
0 Replies
F&O cues Update by Epic...
Last post by Epic Research
4 Hours Ago 11:35 AM
3 Replies
US Markets Update by...
Last post by Epic Research
4 Hours Ago 11:34 AM
5 Replies
Sacrifice to Succeed :...
Last post by Pramit Singh
4 Hours Ago 11:25 AM
0 Replies
Today Nifty Trend...
Last post by Research Gravita
5 Hours Ago 09:51 AM
0 Replies
Retail Management Notes ( 1 2 3)
Last post by Bhautik Kawa
7 Hours Ago 08:11 AM
29 Replies
BBM PROJECTS
Last post by Jagruti Shah
17 Hours Ago 10:09 PM
2 Replies
QUESTIONNAIRE on Soft...
Last post by Jagruti Shah
17 Hours Ago 10:07 PM
2 Replies
Service marketing notes ( 1 2)
Last post by Jagruti Shah
17 Hours Ago 10:03 PM
12 Replies
Pest Analysis On Zara
Last post by Jagruti Shah
17 Hours Ago 10:01 PM
1 Replies
List of projects and... ( 1 2 3... Last Page)
Last post by Jagruti Shah
17 Hours Ago 10:00 PM
49 Replies
Famous Inventions!
Last post by Jagruti Shah
17 Hours Ago 09:55 PM
5 Replies
Types of Group...
Last post by Jagruti Shah
17 Hours Ago 09:53 PM
5 Replies

» Projects Helpline

Retail Management Notes
Last post by Bhautik Kawa
7 Hours Ago 08:11 AM
supply chain management
Last post by Swapnil Chormale
19 Hours Ago 07:58 PM
140 topics of TYBMS
Last post by Reena Dapat
1 Day Ago 08:11 PM
TYBMS PROJECT TOPICS...
Last post by Raj Verma
1 Week Ago 07:26 PM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in