The Health of Nepali Pharma Industry
The Nepalese pharmaceutical industries have good business outlook due to favorable government policies, existing and potential markets both domestic and export, new openings due to provisions of SAFTA and WTO/TRIPS, growth in health institutions and health awareness, and others. The critical core success factors for pharmaceutical industries are noticed to be marketing, product quality; product portfolio; possession of quality certifications, demand fulfilling capability, economy of scale, and research and development.
According to APPON, there are 47 pharmaceutical companies registered with them. Forty of them are running and 37 of them are WHO-GMP certified.
Around a dozen other pharmaceutical companies have been registered and are expected to start operation over the next few years.
Pharmaceutical industrialists say that the size of the domestic pharmaceutical market currently stands at Rs 46 billion and that the industry has been growing at 18-20 percent per year over the past 7-8 years. Similarly, according to them the investment in the industry has already reached around Rs 18 billion.
The entry of private sector pharmaceutical producers after the 1990s changed the face of the domestic drug market which was once overwhelmingly dominated by foreign products.
Such has been the growth of the pharmaceutical industry that even at times when many other manufacturing industries seem to be performing badly, investors seem to be confident and willing to invest in pharmaceutical production.
From our large repository of products, used in the Pharmaceutical Industry, highlighted below are few from it:
– FLAVOURS (Brand:IFF) – USED TO ENHANCE THE FLAVOUR OF LIQUID SYRUP.
– NFC FOOD COLOURS (Brand:NARMADA) – IMPARTS THE COLOURS
– GLYCERIN (Brands: PALM RESOURCES/VANCE ORGANICS) – Act as humectant, a type of moisturizing agent .
– MAIZE STARCH (Brands:SUKHJIT/ROQUTTE) – it is used as a disintegrant and binder.
– CITRIC ACID (Brands:ENSIGN/TTCA) – IT ACTS AS AN ANTI-OXIDANT , ACIDULANT TO CONTROL PH .
– VITAMINS (Brand:HEXAGON NUTRITION) – FOR FORTIFICATION AND ERICHING THE PRODUCTS
– MENTHOL CRYSTAL (Brand:SILVERLINE) – USED AS MULTI PURPOSE APPLICATION IN PHARMA GRADE .
– SODIUM BENZOATE (Brand:GANESH BENZOPLAST/CAMLIN) – used as antimicrobial preservative and flavoring agent .
– PLASTIC CRATES (Brand:SUPREME) – for material handling purpose.
– INK JET PRINTER (Brand:DOMINO) – for batch coding .
For products, related to Pharmaceutical Industry and company information, visit:
https://bit.ly/2PyO0Wk
Our Helpline/Whatsapp Number: 9802069589
Our Office Numbers:
Kathmandu: 9802069589
Birgunj: 9802922358
Biratnagar: 9802732280
Butwal: 9801036939
#tastytuesday #happinessisthekey #pharmaindustry #foodiefriday # pharmaceuticalnepal #bakers #wine #cozfoodislife #medicine #milk #thinkfoodthinkus #SarawagaiGroup #trishultradelinks #capsulemanufacturing #industrialseries #medicineproduce #industrialproducts