The Lack of Regulation of the Pharmaceutical Industry in India, Particularly the Manufacturing of Pharmaceuticals
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The pharmaceutical sector in India has witnessed exponential growth since the economic liberalization reforms in the 1990s. The nation went from being a mass importer of pharmaceutical drugs and medicines to one of the world’s leading suppliers. India emerged as the largest supplier of vaccines by volume in the world and the industry is currently valued at $50 billion expected only to increase in the coming years. The expansion not only promises India substantial economic benefits but also sugge...
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