ORG IMS Health Launches New Market Intelligence Report Tracking The Trends In The Indian Pharmaceutical Market

Main Category: Pharma Industry / Biotech Industry
Article Date: 12 Jun 2008 - 1:00 PDT

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ORG IMS health announced the launch of their new Market Intelligence Report, which tracks the performance of Indian Pharmaceutical Market in the year 2007 by analyzing the key indicators that have driven the growth. The analysis has been done using the audits, such as Secondary Stockist Audit & Medical Audit, tracking the IPM over the last four years.

Indian Pharmaceutical Market {IPM} has fulfilled the industry expectations of a 12-14% growth in the year 2007. However, the journey has been turbulent. A multitude of events- increased price regulations, ban on FDCs and appreciation of the rupee against dollar, to name a few, created ripples in the pharmaceutical Industry, conspicuously the high growth players maintained their momentum regardless of these fluctuations.

ORG IMS HEALTH is the world's leading evidence based solution provider to the pharmaceutical and healthcare industries. In the Dec'07 edition of the Market Intelligence report, ORG IMS has once again captured the pulse of IPM., by analyzing the growth drivers in terms of products, competitors, therapies and geographies, enabling pharmaceutical decision-makers to more easily compare and contrast their management approaches and strategies..

The Indian Pharmaceutical Industry is in a challenging yet existing phase, as it caters to the growing needs of the domestic market and increases its presence in the global markets. It's an era of cut throat competition, the temptation to stretch is nearly irresistible! Companies want to grow in short term! It is however in the long term companies need to focus and align themselves. While we don't have a crystal ball in our hand, but we would be revealing some useful insights and trends in Indian Pharmaceutical Industry through this Market Intelligence report, "said Mr. Shailesh Gadre, Managing Director ORG IMS

For any further information on ORG IMS Market Intelligence Report, kindly log on to our website http://www.orgims.co.in

ORG IMS health