Article · Volume 3, Issue 2 · pp. 155–162
Regulatory Aspects of Pharmaceuticals’ Exports in Gulf Cooperation Council Countries
Pateriya S1, Janodia MD2, Deshpande PB2, Ligade VS2, Talole KB2, Kulshrestha T3, Kamariya Y3, Musmade PB2, Udupa N2
- 1Department of Advanced Pharmaceutical Studies, Manipal University, Manipal, INDIA.
- 2Manipal College of Pharmaceutical Sciences, Manipal University, Manipal, INDIA.
- 3Zydus Research Center, Ahmedabad, INDIA.
Abstract
The Gulf cooperation council (GCC) region is considered as “Emerging market” for pharmaceutical export and bilateral trade. The understanding of the regulatory requirements of this region can be beneficial for pharmaceutical export. Some incidents of the year 2008-09, like recession or economic slowdown in highly well-off and regulated market of the EU and US, raised the demand for alternate destinations for business. The regulations of Gulf countries are encouraging the import of quality generic products, which can be good news to the Indian drug manufacturers.
Keywords: Exports; Gulf cooperation council; pharmaceutical; regulatory
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