Published Paper Details:

The attitude of the developed economies towards the health care is very much imperative in nature. Also the developed worlds are to a certain extend showing favourable gesture towards generic forms of drugs. The curious reason behind such a perspective might be the understanding that the generic drugs possess true potential to overcome the challenges that the health sector is facing in terms of accessibility of drugs to the people. This paper gives an insight towards the notion of generic drugs and its potential to overcome some of the setbacks faced in the health care sector. Also this paper has given weightage towards the growth of Indian Pharmaceutical sector in the market domain, especially in the crucial case of generic drug manufacturing. The author touches various aspects regarding the development of Indian generic drug industry and its historical elements. The author concludes his work with the thought that the generic drugs and the generic Drugs industry is a real boon to the health care as well as the economic sector of the nation. Even though it is an accepted fact, there are certain shortfalls which are very much visible in every corner. An effective plan to overcome these negativities is the need of the hour.