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Changing trends in Ayurveda pharma industry

Changing trends in Ayurveda pharma industry

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Page 1: Changing trends in Ayurveda pharma industry

Changing trends in Ayurveda pharma

industry

Page 2: Changing trends in Ayurveda pharma industry

Changing trend .............

“Tradition to Trade-ition”

Page 3: Changing trends in Ayurveda pharma industry

Introduction:

Today, Ayurveda is an officially recognized system of medicine in India. Globally, the World Health Organization (WHO) recognizes it as Traditional Medicine (TRM). It is estimated that the total market size of the Indian Ayurveda market is Rs. 8000 crore and it is growing substantially between 10-15 percent, with the same growth rate targeted for the next 10 years.

Page 4: Changing trends in Ayurveda pharma industry

Continued ............

Ayurveda products fall into two categories—

1)Branded.

2) Traditional.

Currently, more than 30,000 branded and 1,500 traditional products are available in the market.

Page 5: Changing trends in Ayurveda pharma industry

At present, India manufactures Ayurvedic drugs worth Rs 6,000 cr per year, of which Rs 1,500 cr are exported.

60% of this is crude herbs to be manufactured into products outside India 30% is finished product shipped abroad for direct sales.

10% is partially prepared products to be finished in foreign countries.

Real numbers:

Page 6: Changing trends in Ayurveda pharma industry

Industry overview:

Proportion of manufacturing units of different systems

Page 7: Changing trends in Ayurveda pharma industry

Industry overview :

There is a complex of large number of manufacturing units using herbal material for various purposes.

1)Pharmaceuticals

2)Cosmetics and food supplements.

3)Units is engaged in making extracts and distilling oils for use by other industries and for exports.

Page 8: Changing trends in Ayurveda pharma industry

Herbal manufacturing units:

Page 9: Changing trends in Ayurveda pharma industry

There are total of 9,493 manufacturing units. 8,000 small scale units having an annual turnover of less than one Crore.

Well known industries with annual turnover of more than 50 Crores are Dabur, Zandu, Himalaya,Baidyanath, Arya Vaidya Shala etc.

Though the number of manufacturing units with higher turnover is less, still they are the ones which consume about 35 % of the total raw material used.

Herbal manufacturing units

Page 10: Changing trends in Ayurveda pharma industry

Nature of industry:

Ayurveda drug manufacturing units are mostly family owned business.

The origin of most of these companies can be traced back to a “vaidya”who used to prepare some formulations for dispensing and the gradual acceptance of medicines led to growth of such units.

Page 11: Changing trends in Ayurveda pharma industry

Manufacturing

Quality Control

Quality Assurance

Changed trends:

Page 12: Changing trends in Ayurveda pharma industry

Manufacturing :

1. Good Manufacturing Practices

1. Good Laboratory Practices

1. Good Agricultural Practices (WHO/ Feb 2004)

Page 13: Changing trends in Ayurveda pharma industry

Quality Control:

LabPersonnel: To be headed by an independent person. Duties:To prepare specifications and testing methods for raw materials and finished products.

To sample, test, approve or reject RMs,semi-finished product and finished products.

To supervise and monitor the adequacy of storage conditions.

Page 14: Changing trends in Ayurveda pharma industry

a) Batch Manufacturing Records (BMR)

a) Distribution Records (to facilitate recall)

a) Records of Market Complaints and Adverse Drug Reactions

( Pharmacovigilence)

Records:

Page 15: Changing trends in Ayurveda pharma industry

Modernization of unit operations:

1)Preservation of raw materials

2)Extraction by CO2

3)Usage of  polycompound aqueous extraction

4)Extraction through controlled pressure

5)Fermentation through seeding

6) Development of herbal minerals through  cultivation.

  

Page 16: Changing trends in Ayurveda pharma industry

7) Metal content removal before processing of raw materials.

Pb, As, Hg,Cd etc  are  removed before processing  through leaching process.

8) Development of new products based on mixed formulation to suppress toxicity  of the active

ingredient.

9) Use of excipients, additives, preservatives, anti-oxidants, coloring agents, flavoring agents, alternate sweeteners permitted in the Indian Pharmacopoeia/Prevention of Food Adulteration Act, 1954, Food product Order and Bureau of Indian Standard Act, 1986. 

Page 17: Changing trends in Ayurveda pharma industry

Continued......

> Packing is planned such a way that  the no. of tablets will be the total required for the course of treatment.

• Sports Medicines

• Neutraceuticals

• Food supplements

• Rejuvanatives

• Cosmetics

• Soft drinks

• Nanotechnology

 

Page 18: Changing trends in Ayurveda pharma industry

Education:

Curriculum related to Ayurvedic Pharmaceutical Sciences has been recently reinforced in Indian pharmacy schools due to global acceptance of Ayurveda

The courses range from diploma to master’s level

MBA in Ayurveda pharma management

Page 19: Changing trends in Ayurveda pharma industry

Conclusion:

Ethical commerce practice is the need of the hour in pharma industry.

Pharma industry plays vital role in success of Ayurveda,hence without compromising the principles changes should be incorporated.

Pharma industries should involve Ayurveda researcher for better output.

Change is inevitable but tradition is our identity.

Page 20: Changing trends in Ayurveda pharma industry
Page 21: Changing trends in Ayurveda pharma industry

Thank you Dr.C.M.Joshi MD(Ay),MBA

Bangalore Mail: [email protected]: +91-9916102202