A Mission To Change The Face Of Pharma Industry

It's a time when the whole world is looking at the pharma industry with a great sense of hope. The growth projections of the industry is closely tethered with this hope. According to Grand View Research, the global pharmaceutical manufacturing market size, which was valued at $324.42 billion in 2019, is anticipated to grow at a CAGR of 13.74 percent from 2020 to 2027. The global life science analytics market is also predicted to have a growth (CAGR) of 7.9 percent from 2020 to 2027. The growth, however, is driven by the investments made towards technology adoption and in turn the futurification of manufacturing facilities & researches. The story is no different in India, the largest provider of generic drugs globally. According to IBEF, the Indian pharmaceutical sector satisfies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US, and 25 percent of all medicine in the UK.

10 Most Recommended Pharma & Life Sciences Startups - 2020

It's a time when the whole world is looking at the pharma industry with a great sense of hope. The growth projections of the industry is closely tethered with this hope. According to Grand View Research, the global pharmaceutical manufacturing market size, which was valued at $324.42 billion in 2019, is anticipated to grow at a CAGR of 13.74 percent from 2020 to 2027. The global life science analytics market is also predicted to have a growth (CAGR) of 7.9 percent from 2020 to 2027. The growth, however, is driven by the investments made towards technology adoption and in turn the futurification of manufacturing facilities & researches. The story is no different in India, the largest provider of generic drugs globally. According to IBEF, the Indian pharmaceutical sector satisfies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US, and 25 percent of all medicine in the UK. Going forward, the Indian pharmaceutical sector is expected to hit $ 100 billion by 2025. The industrialists predict that the pharmaceutical and life sciences analytics industries will be on top of the investment lists in 2021, creating a lot of opportunities for the startups in the segment. The time couldn't be any better to recognize a bunch of amazing startups in the sector that are endeavoring to engender a more robust stronger healthcare proposition in the country. CIO Insider has come up with a list of `10 Most Recommended Pharma & Life Sciences Startups ­ 2020', which comprises companies that have significantly flexed their innovative muscles to drive technology towards making pharmaceutical manufacturing & life sciences analytics better. The following list has undergone strict scrutiny by a panel of experts that include industry veterans & subject matter experts, CMOs, CEOs, analysts, and the CIO Insider editorial team.