TPP to have serious implications for pharma industry

The mega trade deal TPP, which includes the US and 11 other countries, is likely to have "serious implications" on the growth of domestic pharma industry, particularly the generic market, a study said.

According to the report 'Indian Pharmaceutical Industry: Challenges and Prospects', even as the domestic pharmaceutical industry has acquired a noteworthy position in the global markets, there are various challenges faced with regard to the changing regulatory environment and slowdown in trade.

(Reference: http://www.businesstoday.in/sectors/pharma/tpp-to-have-serious-implications-for-pharma-industry/story/236912.html)