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Pharmacy industry emerging as a global destination

Updated on Dec 22, 2008 06:45 pm IST

With the advantage of low production cost, trained manpower and increasing demand of low priced quality drugs, the Indian pharmaceutical sector has come up as a favorite destination for investment among the developing countries. With the growth of popular interest in herbal medicine, the drug manufacturers see a big opportunity in developing and producing formulations most of them prescribed in the Indian systems of medicine, which is largely herbal based.

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