Inside Story of How One Indian Pharma Brand Earned Global GMP Trust!
Wants to know how an Indian pharma company achieved global GMP with the help of GMP certification? and how the GMP certification in India helps the pharma industry by expanding their business worldwide, the inside story about it. Everyone knows how important the pharma industry is for any country or market. Because the role of the pharma industry is much important in comparison to other industries. The pharma industry is related to medicines and medical devices, due to which it is directly related to the health and well-being of consumers. That’s why ensuring safety and quality in these products becomes an important responsibility.
To gain global trust, these pharma companies take the help of GMP certification, because this certification provides a trademark to these companies. And the trademark is related to safety and quality. This shows that these companies are totally trustworthy for International markets. Selling their products in the Indian market is easy for them. But it becomes challenging when the time comes to sell their medicines in global markets. So, the GMP success story from India is a right hand for these pharmaceutical companies or brands.
Ways in Which an Indian Pharma Brand Gets Global Trust through GMP Certification
What are the ways by which an Indian pharma company gets its GMP certification in terms of gaining global trust?
Making global trust manually becomes a hard choice for any pharma company, because they have to spend a lot on marketing and promotion to position themselves as a reliable brand.
And those smart founders who go with GMP certification can easily get what they want.
For spreading your brand globally, Indian pharma companies have to follow some steps to get their GMP certification.
Global trust through pharma compliance gets committed to quality and safety, enabling market access, improving its operational efficiency, and building a transparent reputation. Mainly, this certification works more effectively for reputable international bodies, serving as a globally recognized emblem of excellence and security. Some more brief ways by which Indian pharma companies get benefits in their global route.
Shows a commitment to quality
- Having the GMP certification shows the global markets that the brand is consistently producing and controlling according to stringent quality standards throughout the entire manufacturing process. This includes strict quality control over raw materials, facilities, and production procedures.
- Because GMP guidelines enforce validation of manufacturing processes, every batch of medicines and pharma items is of the same high quality, potency, and purity.
Provides market access
- In many countries and markets, the GMP Certification services in India are a mandatory requirement in terms of selling your pharma products. Those countries include the European Medicines Agency (EMA) and the Food and Drug Administration (USFDA). These markets are very strict in terms of safety and quality of these types of products.
- Some international and multinational companies prefer to partner with GMP-certified companies to gain contract manufacturing and licensing deals. This signals that the partner adheres to globally harmonized practices.
Enhances operational efficiency
- GMP also promotes standardized processing in the manufacturing unit, due to which leads to fewer production errors, less wastage of raw materials, and lower costs associated with non-compliance.
- Firms put cash into new gear, buildings, and machines to help them get and keep up with GMP rules, bringing about more efficient and steady ways of making things.
Build an unseen reputation
- As a sign of trust known all over the world, a GMP paper lifts a business’s spot among sellers, users, and health workers everywhere. It acts as a unique, verified indication of a business’s dedication to quality.
- In this globally competitive market, the GMP certification differentiates your company from your competitors, positioning it as a reliable and high-quality manufacturer.
Behind the Story of Indian Pharma Brands in Gaining Global Trust
The journey of these pharma companies in getting global trust among different markets and countries is very interesting. In this, the GMP certification also helps them a lot in gaining international trust with a shift in focus, overcoming reputational hurdles, and leveraging strategic opportunities.
Know more about this interesting journey of these pharma companies below:
India’s pharmaceutical industry’s evolution
- The Indian pharma industry has expanded rapidly in the time of 1970s under the Patents Act, which allows them the reverse engineer patented drugs.
- At that time, the main focus of these companies was on volume and producing affordable, generic medicines for the domestic market and other developing nations.
The turning point of this industry
- Some companies, like Cipla and Ranbaxy, began focusing on targeting markets like the US and Europe. And they also face the issues of trust due to concerns about inconsistent quality.
- The turning points arrive with Cipla’s historic offer in 2001 for supplying a 3-in-1 HIV/AIDS drug cocktail for less than $1 a day. This breaks the monopoly of Western pharmaceutical giants.
Strengthening quality and compliance
- The adoption of standards like the US FDA and the WHO GMP began in the 2000s, due to having demands of global markets and a desire for credibility.
- In the early 2000s, India’s national drug regulator, the Central Drugs Standard Control Organization (CDSCO), made the GMP standards compulsory for any Indian pharma company.
Strategies for building global trust
- Now, today’s Indian pharma companies are investing heavily in modernizing their facilities to meet global standards, due to which India has the most US FDA-approved plants outside the United States.
- Indian companies also expand their global footprint and acquire expertise by purchasing companies in international markets. making it one of the largest generics companies worldwide.
- Indian companies also develop their interest in some specific areas, which directly helps them build a reputation for quality in specialized fields.
- Due to which, the ability of these industries to provide affordable medicines without compromising on quality improves. India becomes the “pharmacy of the world,” mainly in generic drugs and vaccines.
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Frequently Asked Questions
From when does the journey of these pharma companies start?
Ans. The journey of this pharma sector starts in Indian In the early 1970s under the Patent Act. When companies start producing affordable medicinal items.
Why is the pharma industry important for any country?
Ans. The pharma industry provides medicines and health care products for the economy. And all knows that medicines are very important for consumers. That’ why the pharma sector plays an important role for any country.
What benefits does the GMP certification provide to these?
Ans. If any pharma companies require global market access, any pharma company requires its brand reputation, and any pharma company requires showing trust. Then, for all these cases, the GMP certification in India helps them a lot.
Is the process of getting this certification hard?
Ans. No, in our opinion, the process isn’t that hard for any pharma company. You have to follow some easy steps in terms of getting this certification.
Who provides this certification to pharma companies?
Ans. The CDSCO in India and the WHO globally issue and provide this certification.