CURRENT AFFAIRS

Detailed explanation-1: -India’s first largest biotechnology conference ‘Global Bio-India Summit, 2019’ held in Delhi-Express Pharma.

Detailed explanation-2: -iPHEX-2022: India’s Mega Pharma Exhibition & Global Regulators Conclave, 8th Edition, 21st – 23rd September at IEML, Knowledge Park II, Greater Noida, India.

Detailed explanation-3: -Hyderabad has a dominant position in Pharma Sector, it ranks first in manufacturing of bulk drugs and third in formulations in the country. It accounts for 40 per cent of the total Indian bulk drug production and 50 per cent of the bulk drug exports and is considered as the ‘Bulk Drug Capital of India’.

Detailed explanation-4: -India is the world’s largest provider of generic medicines by volume, with a 20% share of total global pharmaceutical exports. It is also the largest vaccine supplier in the world by volume, accounting for more than 50% of all vaccines manufactured in the world.

Detailed explanation-5: -Sun Pharmaceutical Industries Ltd, Cipla Ltd, Dr. Reddy’s Laboratories Ltd, Torrent Pharmaceuticals Ltd, and Alkem Laboratories Ltd are the top 5 pharma companies in India by market capitalization (as of Sept 30, 2022).