Thursday, 28 August 2014

The Indian Pharma Regulatory System



Pharma Regulatory Consultant
The Indian Pharmaceutical sector has come a long way, being almost a small sector to a vital supplier of healthcare products, serving almost all the pharmaceuticals needs of the country. The pharma Industry today is in the front rank of India’s Science based industries with wide ranging capabilities in the complex field of drug manufacture and technology.

Indian Government is stringent on price control of pharmaceuticals and this becomes a major hurdle for global players to enter in India. In-order to get the NOC for import of drugs it becomes very tedious for the companies to mark their presence in the Indian market. For permission to import or manufacture of new drug substances and its formulations for marketing in the country, applicant is required to file application along with a very long documentation process which doesn’t have a fixed time frame in which the application will be reviewed and approved. For making the process a lot easier many consultants have came into being. Among these companies RIHIM Pharma Consultancy is well known which facilitates the global companies to penetrate in the Indian market. RIHIM is famous in assisting its clients with Import NOC related all the formalities which are required for introducing any new Drug, Clinical research, machine or cosmetics. All manufacturing of Drugs in India requires Licensing even for any such place where the drug manufacturing is carried out the Licensing is required. Other than this the license has to be renewed periodically. For all these License related efforts RIHIM is acknowledged as a prominent Pharma Regulatory Consultant among all other prevailing advisers in India.

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