India's Pharmaceutical Success
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- Опубликовано: 24 авг 2024
- The Indian economy is largely a service-based one. And the past few years has only seen that trend intensify. With one big exception: Pharmaceuticals.
India has the third largest pharmaceutical industry by volume and the 11th largest by value - as of 2020. And it is growing extremely fast. India is the world's largest provider of generic drugs. The United States relies on India for 40% of its generics.
In 2020, they exported $16 billion more of pharmaceuticals than they imported. These exports meet the strict standards and regulations of many countries around the world. India's pharmaceutical industry is legit.
The story of how this industry came about is an interesting one. In this video, we look at how the Indian pharmaceutical industry started out as mere copycats, but then evolved throughout the value chain to become a global leader.
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Big time was When India Produced Generic drugs for HIV at $2.
Earlier it's cost was $7000.
It helped Majorly African countries & also India.
Thank you for appreciation. With love from India :)
💯
"ex - muslim" ?
@@Shaktobengalee must be experienced muslim?
@@Shaktobengalee it means exchange. Why so triggered? 🤣
They make my medicine. I'm very thankful for India!
@Sanjeev Sharma but do you make his medicine?
@@prajwalbharambe343 May be😂😂😂😂
@@ajayjat1914 😂😂😂
❤️ from 🇮🇳
love from india
as an Indonesian i want to thank India for helping us during the pandemic with their shipments of vaccine. when the biggest lecturer of human rights aka west countries failed to live up to their words, our asian brothers came to help us in the most critical time. much appreciated.
And now the west in conjunction with WHO with held Indian Covid vaccine because mRNA is proving difficult. Shamefull to say the least. Glad to hear that vaccines from India helped a friendly nation citizens!! 🙏🏼
Lecturer of human rights & equality can insert thier head inside a''se!
Actually indonesia is the leader of pharmaceutical industry in Asean , with kimiafarma as the leader, we almost always sustain our self, except recently with covid being particular
Thank You, love from India 🇮🇳 ❤️
Shipments of vaccines formulated by an American company and licensed by India...
@@Jombozeus LoL! Covaxin is Indian as is ZyCoV-D. Yes! Covishield is from AZ but they are British-Swedish not US!
It breaks my heart that the big pharma industries of Western nations have a stranglehold over the most crucial life saving drugs, in India maybe were poor but even the poorest of poor have access to all the life saving drugs for free (at government facilities) or at a fraction of the cost (few cents).
Apply a Band-Aid to your heart and open up your eyes a little. Nobody in the west dies because of lack of medicine. Lacs die in India every year from diarrhea, pneumonia, TB etc. Easily preventable diseases if there was anything resembling basic health care.
It’s not that much cheaper. I work in pharma. Cut it out.
@@otiszoff8079 do you work in pharma for India
@@otiszoff8079 huge difference in price between generic and branded
The fruits of capitalism
Insulin vial costs less than $10 in India. Some of them are even as cheap as $5. Exactly same vial costs about $300 in USA . Saving lives of people is far more important than filling pockets of big pharma.
Na. Just demand and supply at work
@@mikolowiskamikolowiska4993 no not really... There are literally stories of people crossing into Mexico or Canada to buy insulin and then return back. The price of insulin, like many other life saving drugs has been artificially inflated in the US. I really recommend John Oliver's 20 min episode on the pharmaceutical industry in the US
@@mikolowiskamikolowiska4993 demand and supply is not the only thing that affects prices of goods and services
@@-rate6326 yes it is.
@@-rate6326 artificial demand or supply will affect price but demand and supply rules
Any stable nation with enough government backing and a cheap labour market can do wonders in any field. India has become a super power in pharmaceutical and IT sector, while neighbouring Bangladesh in garment manufacturering, China in Tech industry and Pakistan in terrorism.
Hahah. Pakistan in terrorism
Sarcasm! You're so against Pakistan
@@ntabile you will understand if you lived next to pakistan
@@ntabile living next to pak is like living next to russia
both wanna destroy you
but for india pak wont but the threat is always there
also dont be sympathetic to the country who was hiding the person do do the lasgest attack on US soil aka osama
@@ntabile you don't live next to this weird country.
They don't even condemn terror attacks instead show in their media that our govt did those terror attacks.
Search 26/11.
Ask the African nations how beneficial Indian drugs mattered when the Aids epidemic was waging , the western drugs were so expensive none could afford it , enter Indian generic 's suddenly the price plummeted , the entire contingent was able to fend it off effectively helped by WHO who r the biggest proponents of Indian drugs .
Continent*
@27_ECE_Gokul V dude, let it go. Do not stress yourself. Not good for mental health.
@27_ECE_Gokul V maybe he is just happy and he want to listen to that comment again. The guy's just happy , ignore him.
@27_ECE_Gokul V it means that he agrees with it and wants people everyone to hear it.
Congress succes story
Bjp succes story is adani
A lot of countries cant afford to pay for Big pharma drug prices.......countries in Africa, South America, SE Asia depends on India for medicine & vaccines.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 microsoft was created by americans. They hire Indians sure but there'd be no need for them to shift to India for it to stay alive
India is cheaper because all the research and development and legal liability is on western countries. Especially, the USA and Switzerland
@draftee the white tr@$h f@ggot actually the average total compensation is about 300000. With the highest paid ceos, including stock options is over 20 million. It takes an average of 12 years and 2 billion dollars to bring a drug to market. Then you add that only 10 percent of drugs pass clinical trials. That’s 90% failure rate once a drug makes it to the clinic. That does not account for the drugs that fail before even making it to human trials. So from start to finish only a fraction of a percentage make it to markets. Usually a new chemical entity is granted a 20 year patent. So they usually have less than 10 years left on the patent to make all that money back, before generics can be made. So the ceo salary is a drop in the bucket. The USA and some other western nations (particularly Switzerland) take the brunt of these costs. India and other Asian countries don’t have to robust research so they rely on the west
@@TUMTUMTUM981 why whyyyyyyy you are cringy just shut upppp
As a pharmacist working in Canada, I can tell you that we have begun to feel the impact of Indian pharmaceutical exports locally. They have left local generic drug manufacturers in the water when it comes to competitive pricing and landing on provincial drug formularies. They are competitive and we are becoming more and more reliabt on India's generic drugs and in turn on China's APIs. Many of these molecules have become "single supplier molecules" as there exists no other healthy competitor.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 Oh come on "WE" are not the CEOs, you and I are not. These are American citizens of Indian origin who are running these companies. My boss is the MD of the company, do I start saying "I" am the MD? Stop taking credit for everything, this is why we get called creeps on international platforms. Stop with this hyper nationalism!
The API thing of China has been reduced considerably by India now. Source - GOI
@@ladylevi8734 I agree with everything you said and you lost completely when you tried to put push IQ. The concept of IQ is like Homeopathy, please don't shock us that you believe Homeopathy is also a real thing!
@@henrystevens3993 Not yet, it's a work in progress. Many established and new entrants were given support through PLI scheme and the results are yet to be seen. But it's a step in the right direction. Not only India, the whole world shouldn't be dependent on API's from China. Indian industry needs to get more competitive.
when no other country especially the white countries refused to help us ..india sent free medicines for us ..love and support india
@@sutapasbhattacharya9471 bhai itna lamba chouda passage padne ka kisi k pass time nai hai keep it small.
@@asurawrath1481 Sahi kaha🤣
@@asurawrath1481 spam kar raha hai wo. 17 baar same comment kiya h isne.
world is one family we are humans and we stand with humanity, with love from india
The best thing is that India has several different companies instead of a monopoly of a few large conglomerates.
Several of these companies have also diversified into consumer goods and cosmetics.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 bro dont be cringe please, be humble in your success
@@TUMTUMTUM981 shut
@@mbangroo yes
@@mbangroo He is a spamming bot
Asia needs peace and stability, we don't need another stupid wars in our borders.
Asia needs economic growth and a healthy competition among us.
Much love and respect from Indonesia.
In asia everyone livin' in peace except china and north korea
Or Pakistan, and few other Middle Eastern states
@@ryanchowdhary965 no one consider middle east Asia.
💯
Lies again? PS4 Face Google Drive
An admirable Indian success story; it should be done in other industries.
@Ululu Kululu if the big pharmas and industrial giants have already earned 1000+ times from their investments, why not?
❤️
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 pls don't spread this comment anywhere
Let's not forget the people who participated in the bio-studies to prove the safety and effectiveness of a variety of products which made success possible.
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
Heroes! ❤️✨
IDK how they do it
Testing on people is illegal in India
My Uncle was the head of R&D at Dr Reddys for almost 3 decades, lived through the revolutionary change in the pharmaceutical market in India. The man is a genius
Hey can I contact your uncle maybe get his email.
Serum institute of India is worlds largest vaccine manufacturers
And because of that India has been able to produce 2 billion covid vaccine
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 go home kid
@@TUMTUMTUM981 Stop spamming.
@@aditya_raina_ it's a bot
@@TUMTUMTUM981 as an indian , we are all equal and one. Our country doesn't teaches us to be powerful . But to maintain peace and harmony , to aid those in need , to help fix things with less expenses consumed
India needs full independence in solar panel manufacturing and pharmaceuticals
West won't allow
@@riteshvizz9786manufacture own way don't follow them
Slow but steady.
Building put of scratch is not cost effective but possible
Discovery is often not done by the pharma companies, but by universities (with public money), then pharma buys the discovered IP if it works in vitro.
Damn right. Generally tax payer money in many nations which are then twisted to fleece the same people.
True
For example, the coronavirus vaccine developed by Oxford University was later licensed for mass production by 2 pharma companies: Serum Institute of India and AstraZeneca.
@@markarca6360 but Astra zeneca takes all the credit 😅😊
What are you suggesting then? That the discoveries shouldn't be brought to life? That the discoveries should be left in theories?
Your point about India needing to reduce dependence on China has been partially answered by a recent govt policy called PLI’s (production linked incentives). They cover many fields including API’s (active pharma ingredients) where China has a near monopoly vis a vis India. The policy aims to provide credits to manufacturers commensurate to sales to help plug the cost gap with China. Interesting you didn’t talk about India’s role and success with manufacturing covid vaccines, particularly Astrazeneca which is mass manufactured in Pune. Insightful video overall!!!
Any content related to COVID-19 are demonetized on YT iirc.
answered is the not the right word. Answered would be when that dependance has been reduced. Whether this policy produces the desired result remains to be seen. Expecting PLI to be panacea for all the problems plaguing the manufacturing sector is short sighted and ill informed. Having a policy in place is not the same as producing desired results. Implementation and market environment are all important.
India has shoot its self in the foot in telecom a few months back killing fiber build out of Jio and doubling rates. The funding and tax models have hurt the rise and development of a people out of poverty and middle class. Now Cryptocurrency tax drove developers to other SE Asia markets and USA along with new fiber development group out of India three months ago. Both corruption and crazy taxation seem to collapse India on the cusp of break put success. At least pharma is solid for now.
Too early to say what its impact will be, given how much this government likes to give big announcements while not doing as much as advertised on ground, it is best to be cautious before coming to any conclusion about any big industrial policy announced by them.
@@alexanderphilip1809 it's already paying dividens . For example india's merchandise exports have reached 420 Billion dollars in fiscal year 2021-2020 from 290 Billion dollars in 2020 and 300 billion in 2019 primarily due to extensive growth in manufacturing sector additionally propelled by PLI scheme especially in the consumer electronics sector .
We all have to thank India for literally making drugs cheaper since the 1980's saving millions of lives. Thank to the NHS, we do not pay anything here but if you go to some countries, western medicines are highly expensive. With Indian drugs, many poor countries are able to keep their people at least alive.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 get a life
@@TUMTUMTUM981 China produce good products, that’s why they are number one exporter in the world.
India copy drugs that westerners spent billions developing. Indians with talent rather work for American companies, Chinese return back home for better opportunities.
@@TUMTUMTUM981ok chinese bot
Calm down
As an Indian I ‘d like to thank you for this video
I would like to thank Modi govt.
@@divyanshtiwari3547 seriously, did modi worked from 1980s
@@divyanshtiwari3547 thank modi for your birth.
@@shivalik2004 i do thank modi for both your mother and father's birth.
@@divyanshtiwari3547 Based, he's a great leader for India anyway. I wish you success and a great future.
I think it's next to impossible to replicate such patent reforms in Electronics Manufacturing sector in India 🇮🇳. Recently government has received positive response after the introduction of PLI (Production Linked Incentive) scheme. Let's see how it pans out.
Pharmaceuticals need to be moved out of India as it is a supporter of Putin and genocide.
It can be tough, But never impossible
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
Nothing impossible if it is possible in other places
@@TUMTUMTUM981 india is a shihole country that is thoroughly incompnt at creating world's top companies and hence the few indians who havebrains are migrating to us to escape that fourth world lake.
Way to go India!
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@sutapasbhattacharya9471 japan never eanted to help india they wanted to use India as puppet there's many proofs. imperial japan was very savage and more brutal than n@zi germany, just read about Japanese attrocitites committed in south Korea, china and even their own citizens, they would always r**e women and kill the children and torture the men whenever they went, just read about how much they tortured some indian soldiers
Most welcome ☺️
Tell that to someone who's stealing your car right now, honey
Shows that patent system needs a reform to serve everyone
@_____ If you get rid of the patent system then good luck finding people who are willing to put resources for R&D only to be run over by the competitors in the market. Patent laws are not perfect but they boost the technology development.
@@deepmarkam I agree with you but I want to see a change in the law so if the patent holder goes bankrupt their patents expire. As is the company goes bust before being bought out by investment firms which just want to sit on patents for potential profit.
@@hurrdurrmurrgurr that incentives making company bANKRUPT that is not good for economy
@@arnoldshmitt4969 The competition is already incentivised in seeing companies bankrupt and so are investment firms looking to own patents and so are firms looking to profit off shorts. Vulture capitalism happens regardless.
@@hurrdurrmurrgurr TRUE TRUE
A well researched video. I just cautiously optimistic that one day India will replicate its Pharma success to Electronics and Chip manufacturing as well.
Yeah we are late but if Gandhi would stay away from power we may have a chance to make it happen.
@@jitendratiwari6886 true tata's tejas net has been chosen by modi govt to start manufacturing chips and processors..saw a news recently
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
fingers crossed ... with enough political capital we'll get there brother ... two things are imports to replicate the success ..
1. Stable political climate
2. Favorable market conditions
Well....Vedanta and foxcomm (Taiwan) invested 12 bil in Gujarat. Let's see.
Indian patent law is far ahead of the western countries who use patent law as corporate welfare rather than a tool to help the public
A video on international versions of patent law and their impact on innovation would also be fascinating!
looool clearly u have no idea abt patent law lol. my engineering chem lab profs how pathetic it is
In the west, capitalism cannot work in association with welfare of the public.
@@channel_void Spend more time with your English professor because I have no idea what you are saying.
@@Misterz3r0 he does "spend" a lot of time with her
I used to be a formulation scientist - well I was more of an assistant - it was an early job out of college- it was fascinating how difficult and insanely expensive discovery and getting to trials is. None of the 6 drugs I worked on made it past the formulation step and all failed in animal or human phase 1 trials. The company is no longer there
Most of the cases pharma companies buy the ip from universities.
Thanks for sharing the experience. I am also scientist in India ❤️
I think real sucess is in India doing cutting edge research on Cancer drugs, gene therapy, etc. Producing generics and virus vaccines is relatively a smaller success.
The previous gov of India doesn’t encouraged R& D lucky the modi is encouraging it in the name of Atma nirbya bharat
@@drd8530 *nirbhar
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 yet Indians are running off to usa, Canada after they get their education from iits and nits(there fees is technically payed by tax-payers) and on the other hand Chinese return to their country after studying in a foreign University to help china grow their economy.
@@TUMTUMTUM981 ceo is still a job position, you can be fired. CEOs don't own the company
Recently 3 indian Business house donated morethan 2billion dollars to A IIT to set up a world class Medical research center...The pandemic showed we were not doing enough.
This is a good news.
Naam kya he business house ka
I couldn't find any news piece online. May I have a source, please?
All I could find was IIT Kanpur on 4, April 2022 received one of the largest personal donations from co-founder of IndiGo Airlines Rakesh Gangwal, who donated ₹1 billion to set up the School of Medical Sciences and Technology with a 500-bed super-speciality hospital in its campus.
$2 billion dollars is a very big amount. It is ₹1,52,66,32,00,000.00
I am still waiting for the source...
American "drugs"
English "medicines "
😅
America had to call it drugs in order to make people take it 😂
@@friendlyatheist9589 Well, medicine is a pharmaceutical drug.
@@munmunbhowmik8630 he knows it
@@friendlyatheist9589 it was a cold one.
I am 49 years old and suffered Polio when i was just 4 years old and it was very difficult to fine the polio vaccine at that time. I still remember when my father used to run to different drug stores to find the medicines when we get sick and we cannot afford to buy them in India & by 1990's everything changed. India started manufacturing medicines, vaccines and lot of R&D was done and FDA is flooded with Indians/ companies waiting for approvals....
India recently re started manufacturing active pharmaceutical ingredients. Govt reduced dependency on china for that raw material.
Much better getting pharmaceuticals from a friendly democratic country Such as India rather than Communist China.
🇦🇺🇮🇳🇯🇵🇺🇸
Quad
More power to Indo-japanese friendship 🇮🇳❤️🇯🇵
it doesn't matter even if it's not a friendly country - indian indifference is better than chinese friendship , ask sri lanka and pakistan.
🙏🇮🇳🇺🇸🇭🇲🇯🇵QUAD
USA is 10 tims worse than china.
My friend who is owner of a very small medicine making factory told me when i asked about API production in china:
"API production cost was same in India and china, but their govt. started giving subsidies(a lot) to lower the export price and flood other countries. Indian producers couldn't compete and the govt.(India) at that time didn't care. So they weren't able to compete. Chinese did forced mergers and did production scaling eventually and with these two factors indian producers cant compete. If govt. bans the imports, Indian producers can provide better quality and eventually scale towards low costs."
PLI scheme is a game changer for api production in india.
And what u are suggesting is now ongoing process many api producing factories were already stated it's production it is just a matter of 1 n a half year
They are doing this now. Putting anti dumping duties on Chinese AIP
This is the problem in most sectors dominated by China. They subsidise their products artificially and flood export markets. This is called dumping. China does dumping in something as simple as earphones. Good that the Indian government has started putting anti dumping duties on China.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
India is known as the pharmaceutical capital of the world 🇮🇳
Thanks to the hard working scientific people behind, the reforms, laws etc...
Usually come for the tech content, but found this equally as interesting! Wow...can't believe that company sunk $5 billion into drugs that didn't work...ouch! 🤦♂️
Peter Thiel is a thief, as usual.
When you think about it, large amount of spending on something you NOW know that dosent work, is almost as valuable as something you NOW know that does work.
That is basically how R&D works. As Thomas Edison once said about the lightbulb (paraphrase here):
I didn't fail 2000 times. I found 2000 ways how not to make a light bulb.
@@ulllaulaa9855 true, and curing cancer would be a massive achievement. It also had to look pretty promising at the time as well, for them to dump so much $ in it
Pharmaceutical discovery is insanely risky and expensive.
I bet that big pharmaceutical lobbies will move mountains to ban these cheap drugs in most developed countries (especially the US) with murky legal cases cause how dare people enjoy the luxury of affordable medication.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 BOT BOT BOT
@@alchemist7412 TRUE TRUE TRUE
Well they sure did exactly that by sanctioning India for selling cheap generic AIDS drugs to Africa. US pharma did not like that they couldn't made a harvest out of the misery of people in Africa, when Indian generic meds where making the open market compete with very affordable pricing.
This also resulted in the rise of medical tourism in India.
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
@@sutapasbhattacharya9471 I think, no one is going to read that long paragraph, including me. Probably.
@@khka2178 LMAO - short attention span is your problem - I have posted this below numerous YT videos and got dozens of very positive responses.
@@sutapasbhattacharya9471 yes, I have seen the "positive" replies.
I couldn't even find a single reply to you and the one I found is also criticizing you.
No one comes here to read your novel style answers.
@@sutapasbhattacharya9471 I followed through your recent comments via your profile, not even a single one has 1 like. You live in an illusion I believe. You spammed the same comment for 17 times, couldn't even grab a little attention. I found another person telling you that kitna lamba chouda likha h, which means how long you have written.
I work in healthcare and noticed that too. So informative, thank you for researching. Will remember the technicalities now.
Proud to know as an Indian that my country is saving the lives all over the world ❤️❤️
I have an aunt who gets her medicine shipped from there, even the generic here cost her almost a grand for 10 pills as her current insurance doesn’t cover it.
I work in Chinese gaming and I think about IP laws every day. I have long thought that IP law may be a problem in some circumstances. Awesome video!
On the other hand, it must be fair though. If there is no IP, why bother attaining IP?
@@Sedna063 Sure! My point and the point of the video I believe is that it isn't a black and white issue. Look up the Wikipedia article of Shanzhai.
Social credit -8000, citizen please visit your nearest re-education center within 2 days or else you will be forcefully taken.
@@ryanchowdhary965 Haha yes, but there is also credit scores in the US. It was wild to me that the US checks this when I first came back to the US.
@@simatian2019 yeah, I know
I must say the Indian government can do a lot more to make the lives of technocrats easier. My father is in the API business and is responsible for key pharmaceutical discoveries and developments in India. Now, he has started his own company which is trying to produce niche products which others have not even attempted to make, also reducing the dependence of India on China. He has found it very difficult to get support here. Imagine the technocratic boom and economic growth that India will see if such technocrats are given financial and institutional support!
Very good one. India has same success in IT and had tremendous success in digitalization. automobile and other areas too seeing huge success.. They've focused now on Semi conductors, space and other advanced tech
the stock footage at 5:40 is... special, lets say. I know stock footage is never really precise when it comes to accuracy in certain fields, but what the hell is up with this one? Pretending to put orange juice on a microscope without a slide on? And then trying to look through it with safety goggles? And worst of all she tries to adjust the thing by grabbing and turning one of the lenses. I burst out laughing, no joke. This is the most hilariously made pseudo science stock footage film I've seen to this date!
She is confused but she has got the spirit :)
Hehe I'd totally missed that! Hilarious!
Anyways, that's just stick footage actors
I am particularly enamoured by thousands of stock photos of soldering around. Usually with people holding the iron by the OUCH HOT bit instead of the convenient plastic handle. And poking random bits, like reaching with the iron right onto the mainboard of an assembled prebuilt office computer with just the side taken off.
And that one company which made an advertisement photo of someone holding their iron by photoshopping it into a hand that was originally holding a wooden pencil. Both the hold posture and the scale was hilarious.
I was also laughing hard on that clip.
Finally someone said it 🤣
Here so fast I haven’t even been asked about the newsletter
Angela Merkel didn't like this about India. And said in a European Forum that they shouldn't have let India become a pharmaceutical hub of the world.
So much so for West's Anti-Racism and Democratic Values Ranting 24/7/365.
Why she didn't like it? Can you give context please?
@@AS-jo8qh That Germany is losing an Strategic Arm of Coercion to India ( Third World Country a Colonized Country where it's treasures were looted by Europeans and still Present in their Museums as exhibits).
She didn't like this that India is becoming Bháráthà and reclaiming it's Indigenous Knowledge Systems of Traditional Medicine and even surpassing West in their own Medical Practice of Allopathy.
That's what the R@cist Angela Merkel didn't like about the Pharmaceutical Prowess of India.
@@AS-jo8qh During 2nd wave of the pandemic in India, exports of pharmaceuticals slowed down for a while due to steep rise of COVID-19 cases & also cuz the gov. gave orders little late for necessary pharmaceuticals.
Even in the comments look how their asses get burned seeing the success of a non-western country….
So called developed countries. Their mindset is backwards.
@うずまき ナルト yeah u r right
Indian pharmaceutical industry is growing but the salary they are offering to employees at beginning or rather i should say up to 2 years is very very low compared to other sector. Pharmacy degree is not rated well here in India
as compared to USA.
As a final year Pharma grad I agree. I have to complete masters if I want to get a decent salary.
But I don't blame corporates alone. Colleges treat B.Pharma as a money printing machine rather than giving us skills. 😑
Right now, pharmaceutical has both 4 year degree and 2 year diploma but I can understand why ppl don't want diploma. Govt should arrange ways for diploma holders to upgrade their diploma to a bachelors degree through a bridge course of 2 years, instead of having to do the whole thing again.
@@abhishekdev258 Just start making blue crystals in the Thar desert and find a good distributor 😎
@@sauravthegreat it takes 3 years to complete graduation through lateral entry not 4.
@@uzochiokeke4328 like walter white lol
AFAIK we still have a parent law where a firm making a new drug has to prove novelty of the drug otherwise they wouldn't get the patent.Simply rebranding a drug with minor changes is not allowed. Plus compulsory licensing still exists it is rare but still there.Also you forgot lot of stuff such as vaccines/injections/HIV medicines to Africa etc
Pharmaceuticals need to be moved out of India as it is a supporter of Putin and genocide.
@@coraltown1 ok
Evergreening of patents not allowed in India......after expiry companies can't make small changes in the drug's molecule to retain patent.....so others can produce it after patent period
India also conducts clinical, pharmaceutical and agricultural research in government research institutes that are then made public
The Indian space program is also majorly has university professors
Since time immemorial India has been the pharmaceutical capital of the world both spiritually and physically.
The SILK ROUTE was not just only for silk.
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
I've always been pleased with medications made in India and Bangladesh.
Bangladesh?
Drug chemistry courses should be promoted, more funds to be released for PhD s in Drug chemistry.
I work in the immuno/oncology drug development industry, your presentation is very well put together. There are still so many opportunities to be mapped in the area of PDL, PDL1, and VISTA tech platforms in the way of adjuvant therapies, combination therapies and in introducing novel molecules as add on therapies in 1st & 2nd, line treatment. The FDA needs to catch up to the many possible novel combo therapy options, which in itself has been a rate limiting factor in evaluating new drugs
Actually I attended a lecture on pharmaceuticals in 2016. From start I began clashing with pharmacist doing talk as he explained the security situation which meant all pharmaceuticals sold in Australia are manufactured in Australia. I knew it was wrong, I had done my own homework before the lecture presentation by local council & I had a packet of HepC treatment in my pocket which clearly stated made in India. Entire audience were laughing at me uproariously as I was derided for such delusional thinking. It culminated in the CEO of the community house trying to have me declared. Reality was I and mine had moved to area just as huge toxic waste dumping was uncovered by epa & we were blamed for dobbing…
Sad to hear that
Really nicely researched video. I’m an Indian and I didn’t know the full history of this industry myself. Thanks! Keep going!
Bangladesh has a similar success story in their pharma industry. This poverty-stricken tiny country now produces 95% of its pharma products locally.
yeah sure
@@apidas sure what?
So they dont import drugs and medicine from india 🤔
@@shreyastripathi1927 They sure do but most products are manufactured and supplied locally
@@shreyastripathi1927 As OP mentioned, there are medicines imported from India (Bangladeshis also contribute billions to India's economy through medical tourism as local options are limited/untrusted)
But Bangladesh also has a very robust domestic infrastructure when it comes to producing generics and does indeed have the capabilities of meeting its internal demands - which has been reasonably enough to satiate growth for a market of 170M people. The challenge it faces is that it has very limited competitive edge for growth because India and China produces everything Bangladesh does at a much larger scale and at a more competitive price. Bangladesh is also due to lose its GSP status which allows it to export to the EU under 0 duties (current global exports are $130M, which is a tiny segment of total exports). The issue of innovation that encompassed India is far worse in Bangladesh, as the last couple decades have resulted in very small investments in R&D and talented individuals tend to move overseas - though large companies such as Beximco and Square have realised this and are shifting their practices but time will tell if BD can get onto the ladder
I'm from India, this is one of my favorite videos you've ever made. a wonderful triumph for Indian markets and free trade, and we don't get to hear those a lot.
Pharmaceutical industry has its own down side
I'm from Himachal, small Himalayan state in Himalayas
Rise in pharmaceutical industry has replaced Marijuana with chemical drugs among youths
American govt pressurised India to put Marijuana is category of hard drugs, and changing that for better is now a distant dream 😟🥺
It's coming out soon.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 bad bot
@@TUMTUMTUM981 deactivate u bot, made by hate mongers😾
@@TUMTUMTUM981 stop you jealous Pakistani bot
Thanku India
This is really great content that I'm not seeing in other places. Keep it up.
Modi government just doubled the R&D spending?
Even in this Covid pandemic, india 🇮🇳 is one of the largest producers of covid vaccines if not the largest..
Great video and informative as always. You should have covered some points on vaccine supply chain which has witnessed critical importance in the recent couple of years with Indian context too. But overall very good share. Thank you.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
Again an amazing content from this channel.
Excellent review of the Indian Pharmaceutical industry and relevance of TRIPS. While the Indian industry had a big role, the governments of the day should be congratulated for not sticking to ideological shibboleths ( remember, India was a socialist economy!). Entrepreneurial talent is in abundance, an enabling environment was required, as today's explosion of Startups shows.
We are the CEOs of every big US company now, like Microsoft founder said, without Indians in US, microsoft will have to be shifted to india.
We create CEOs and good product, while the chinese produce duplicate.
@@TUMTUMTUM981 can you just stop spamming this? Go do something productive in life instead of continuously praising people around you.
@@TUMTUMTUM981 We are not the ceos, it's Americans who happen to be Indians. There's a huge difference.
actually by the time we joined TRIPS, economic reforms had already taken place, so we weren't the socialist economy we used to be and we were open to the world
@@devverma144 report him
Vasudhaiva kutumbakam a phrase in Sanskrit which means the whole world our family, love to the world from India 🇮🇳 ❤️
I was under the impression that many/most Indians distrust Western medicine and prefer to opt for Ayurvedic medicine. It's surprising that they became so dominant in pharmaceutical production. Although I wonder if the market for Ayurveda is still larger.
I can't speak for smaller cities and villages, but I'm a major city - no. Ayurveda is a go-to for some people for smaller illness and for preventative care but for emergency care people turn to western medicine.
no ayurveda not larger
Mostly marketing - allopathy (as I like to call it proper treatment) has been dominant and continue to push out others - Ayurveda is fine and dandy until the disease is actually debilitating, then folks go for the actual medicine
We may be Hindus, but we aren't retarded. Auyrveda can work, it's a science based in preventing, unlike westen which is targeting symptoms. Unless we put same R&D on ayurveda it will remain a niche, won't be main stream. And don't listen to idiots who say, " maybe in villages." Cause everyone including the very remote areas use western drugs.
Under the quackery of Ayurveda (which is supported by central and state government programs), these "medicines" are prescribed with actual medicines. Unlike in other countries since doctors are cheap, most people visit multiple, and then take a combination of actual medicines and alternative medicines. My father for instance has been taking a pill for his BP every morning for a decade, but also a bunch of Homeopathic, and one Ayurveda capsule. But he credits the Homeopathic sugar pill for keeping his BP under control, not the miracle of science that he's been taking every day.
Looks like the success was the liberalization not import substitution. Most cases claiming success of import substitution is only post justified after liberalization by claiming that without the prior opposition to market reforms. Seen similar justifications of Mao’s policies claiming that China wouldn’t have been the success it was if it weren’t for Mao somehow even though he espoused the very opposite of the policies that made them successful later on.
I wish we can replicate this success in rest of the manufacturing fields.
The stock clip at 5:30 could be used as a "how not to use a microscope" instructions video
Indian Pharma is a success because it is the least politically interfered sector.
History shows that if you need something, you simply have to take it. Fail and you are forgotten, succeed and you will eventually be forgiven.
As far as I know this subject still keeps India and us Swiss to sign a trade agreement - Novartis, Sandoz and so on are important here, during the pandemic they were the one keeping some business running and more. Thx for another perfectly researched video - I can tell, I am a MD 😉👍😅
The Indian growth story in the coming decade is going to shock and awe. Look at the infrastructure reforms going on. Politically dominance and stability of a kind we haven't seen outside of the US of old. They are investing in the right places. The dedicated freight corridors, the port building, the focus on bringing logistical costs down, the airports, the expressways, the digital push, the Jio revolution, the building of greenfield cities like GIFT and Dholera, the administrative overhaul at the heard of New Delhi's Central Vista, the growing geopolitical centrality.... its coming together in a way that will become a case study.
only problem is that they have some pretty extreme cases of religious and political violence and the small problem of having all their river supply originating in a hostile country.
@@fahimrind9714 disagree about the political and religious violence. I find that this narrative is propagated in the English speaking world but doesn’t do a genuine analysis. Tibet is an issue, but I imagine it’s much harder to dam the Indus and Ganga than people would think. It would spark a war before it was allowed to happen.
@@desidark1243 : Unfortunately I disagree, religious hatred is dominant now, as Indian it sucks and feels embarrassing!
@@desidark1243 Agree with Sandeep. Please don't try to paint a rosy picture of India and ignore all the shit that is happening in the country. The extreme nationalism, communalism, growing inequality etc. will ruin India.
Yeah keep dreaming mate, ever wonder why virtually anyone talented tends to get out of the country? Permanently?
It's certainly not just the cash - the community and culture these folks had to endure are really good reasons
It's worth reading "Bottle of Lies" by Katherine Eban on generic drug manufacturing and how that got a boost from US desire to lower the cost of generics.
Very informative, really enjoyed it! Thanks for all the research
Big credit to Indira Gandhi for this, only realized it after watching this video.
But COWS MOOING EN-MASSE for an ILLITERATE CHAIWALA!😂😁😀
@@Aneesh.Asokan Yeah, sad.
India pharma has saved my a** more than once. Go Cipla!
Great content, please expand your coverage of this industry!
Also, 5:45, that stock footage scientist must have some trick microscope, that is not usually where you adjust focus.
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
I can't even see the slide, no coverslip. She must be some kind of genius. LOL (•‿•)
We are lucky to have this huge Pharma industry during pandemic.
This is our hard work not luck
@@human8454 it's luck only as our corrupt politicians even after eating their share let pharma companies to grow,after that hard work.. unlike industries which didn't because of totally corrupt and ineffective policies,whole world developed..now as we can see our major share is from import.
@@Kai.913 our PM is the most rightious
@@human8454 moron,why the present PM even came in discussion,did I say he is or something.argue in a healthy way.. when I said politicians it includes everyone at that of time.Don't simply put on your agenda.
@@Kai.913 do you realise that these pharma companies are equally corrupt? They are the ones who give party funding for election campaigns and guess where that money goes? In to the pockets of people who ask money for Vote so who exactly is corrupt now? They all are
Personally, I think India is one of the few countries that has the right take on pharmaceutical laws and legislation.
Leigislation is looked at with the lens of social benefit, and this is how it should be.
very informative piece covering History & growth of Pharma industry in India while keeping it simple & engaging for lay user.
When the world bets on India, it bets on itself. Vasudhaiva Kutumbakam😇
💯❤🤠
I am in india and I can see the basic drug company became big just by charging 10 to 100 Times more than manufacturing cost looting the needful exploiting the ethics and common man of country.
In this time of war in Ukraine, sanctions on Russian super-rich oligarchs and India's stance on Russia - you may be interested in this historical story about how Britain's industrial revolution and wealth was directly correlated with the British looting, pauperization and deindustrialization of India which I have been telling the British [where I live]:
Robert Clive returned from Bengal with his 'loot' [the Hindi word for plunder] as the richest [non-monarch] man in Europe (Open University online estimates his 'loot' at £100 million at today's rates). His East India Co. mafiosi henchmen became the new super-rich 'nobs' (from nawabs/'nabobs') and often bought up parliamentary seats - the Pitt family made their fortune looting India. Meanwhile, 1/3 of the population of Bengal Province [inc. modern Orissa and Bihar] - some 10 million died in the Great Bengal Famine of 1770 due to the rapacity of the Brits. Richard Becher [relative of William M. Thackeray] had predicted this 'Ruin of Bengal' which had been the richest province in Mughal India [which had 27% of global GDP before British occupation]. The Ruin of Bengal also led to economic crisis in Europe as dozens of banks collapsed in days as looted Indian wealth dried up for a while and Adam Smith had to delay his 'Wealth of Nations'.
As research published by Columbia UP showed in 2018, the British stole some US$45 Trillion from India over two centuries which financed the Industrial Revolution and much else in Britain and its white settler colonies [see Jason Hickel's article on Al Jazeera online which also discusses how Britain lies about this history]. They also killed tens of millions of Indians by exporting India's foodgrains for British Food Security and profit including the setting up of Death Camps which gave less starvation rations than Buchenwald for hard labour to victims of the 1877 Madras Famine killing 94% of inmates - 7 million in total died [whilst record amounts of exports of Indian foodgrains lowered prices for Westerners]. George Orwell wrote (The Road to Wigan Pier) that 100 million Indians must be forced to the edge of starvation so that the British can live the way that they do.
The British also deindustrialized India which had dominated manufacturing exports in textiles. H.H. Wilson wrote in 1853 that Manchester and Paisley could not have risen, even with steam power without the systematic elimination of competition from cheaper and superior Indian handloom cottons. This included the breaking of weavers' fingers and the cutting off of thumbs of weavers of Dhaka Muslin [a highly-prized elite cloth which which cost many times the price of silk] as well as tariff barriers and creating a Captive Market for British goods. Governor General William Bentinck wrote that the plains of India are bleached with the bones of her weavers. In the 1790s English experts declared Indian Wootz the best steel in the world and Sheffield copied its techniques but Indian steelmaking was stifled to suppress competition. India had been a major shipbuilder and continued to be in the early British-rule - the oldest seaworthy ship in the Royal Navy is HMS Trincomalee built in 1817 by an Indian company in Bombay of superior Indian teak. But soon afterwards, British shipbuilders stopped shipbuilding competition in India. As Shashi Tharoor tells us in Inglorious Empire, Indian engineers showed that they could design and build locomotives and thus the Brits stopped such manufacturing as well. Even during the 1939-45 war [when British Empire admirer Hitler wanted to make Ukraine and Russia Germany's 'India'], the British refused US plans to make aircraft factories in India (to fight Japan) as they did not want an independent India postwar to compete.
After the war the British [and the postwar USA - following George Kennan's strategy of holding Asia down as poor compared to the West - whilst giving Marshall Aid to redevelop Europe] refused to help India build a steelmill at Bhilai saying stick to your traditional raw materials! The Brits created the First World/Third World schism and tried to maintain it. It was the USSR that stepped in and helped build Bhilai. They also helped build India's first Institute of Technology at Kharagpur. This - not arms sales is what led to the strong Indo-Soviet and then Indo-Russian partnership and friendship! In 1971 the USA and UK sent warships to support the Pakistani dictator perpetrating the largest genocide since 1945, killing 3 million in East Bengal. It was the Soviet Navy that warned off the USS Enterprise and Soviet threats to attack China stopped Mao from attacking India in support of Pakistan.
HOW MUCH U PAID FOR COVID VACCINE?
BCG? POLIO?
it's not easy to distribute 1.4 billion people at almost no cost
Since this video came out, Pharma being exception to India’s manufacturing has changed. We now are serving largest mobile manufacturer, making gains in clothing, heavy metals and electronics
Largest supplier of Covid-19 vaccine to the world 🇮🇳
You didn't mentioned it
Great video. Would have been great if you would have covered the response of the industry on COVID and how homegrown manufacturing covered more than 95% of the vaccination requirements for a country of 1.3 billion people.
You know at what payment scale I started job, it's 5000 in hand with 12 hrs duty, now after 3.6 years I'm at 20000 in hand for a top translational company
Trying to keep the end product price low means lower salaries to worker class people. But the actual innovators, scientists, technical people probably do get paid handsomely. This is in general a problem with India's education, not much research, not many papers or patents. People just run after jobs.
Very good article. Very well written.
This is not complete story. In the 1960s itself Indian PM Nehru crearted MITL by converting existing company. This was located bit further from Sankey tank further from Sadashiv nagar. MITL manufactured paracetamol etc.
I have read somewhere about chirality also referred to as optical isomers... you can have the same chemical compound, but with vastly different properties.
Yes chirality is a loophole that one can use to patent drugs
@@dnapolren have to be careful with that tho orientation of the functional groups can vastly change properties of th compound
The two mirror images have same physical properties but different chemical properties. Just one small interchanging of the atoms orientation can completely alter how that chemical affects biological processes.
I hope India Or any other country for that matter can make such improvements in EV industry. We need some cheap electric cars.
you will hear progress in 2-3 years.
Indian origin ev cars tata motors named anviya is an ev car making in progress
Tesla will Export cars from India too in near future hope they'll reduce price
@@Animefreak2005the cheapest tesla in the US is like $40k, on top of all the import taxes and cost of making the charging ports accross major indian cities i doubt they can significantly reduce the price at all. Indian EV companies would adapt better
The world would not have survived the covid pandemic.India saved the world.
thanks man i appreciate your works this will help me in my upsc civil services exam in India. liked and subbed
My personal fav. quote is still the one about the cat.
I feel so proud to be working in indian pharmaceutical industry.
Two key points; first, the US and EU have a array of cooperative protectionist barriers against Indian produced pharmaceuticals. As a result, Indian pharmaceutical companies struggle to gain market share in the developed West, and MSM coverage of India's huge pharmaceuticals industry is relentlessly negative.
Secondly, according to Delhi's own trade data, 80% of the raw materials used by Indian pharmaceutical companies are now imported from China. China is India's #1 trade partner, and for Indian's pharmaceuticals industry, this trade relationship benefits millions of Indians and people around the world who could not afford high priced Western brand pharmaceuticals even if they were readily available in their countries.
This seems similar to the path which China took for hardware, although, more successfully. From cheap copies of products manufactured elsewhere to now leading the R&D, manufacturing of high quality electronics.