The pharmacy of the world is trying to stop being a generics business
India supplies around a fifth of the world’s generic medicines by volume. Its stated ambition is now biologics, biosimilars and advanced therapies — and that is a capability problem before it is a capital problem.
A market moving from roughly US$55 billion toward US$120–130 billion by 2030, with national programmes behind biologics and a CRDMO sector doubling.
This is the sector we know best at both ends — Australian pharmacy and pharmaceutical science faculties on one side, Indian pharmacy institutions, manufacturers and the policy environment on the other.