Question : Match the following —
| List 1. | List 2. |
| 1. Estimate of R&D Investment(FY 2020) by top 10 Indian Pharma companies(% of sales) | W. 16.3 |
| 2. Pharmaceutical Export from India in billion dollar(FY 2020) | X. 8.4 |
| 3. Government Expenditure on Health in India in billion dollar(FY 2020) | Y. 42.0 |
| 4. Indian Pharmaceutical Market size in 2021(billion dollar) | Z. 46.0 |
A. 1 X, 2W, 3Z, 4Y
B. 1 Y, 2 Z, 3 W, 4 X
C. 1 W, 2 X, 3 Y, 4 Z
D. 1 Z, 2 Y, 3 X, 4 W
Ans. A.
Related facts
- PharmEasy has recently announced the acquisition of Medlife.
- The deal will make it India’s largest healthcare delivery platform(e-pharma company).
- It is noteworthy that PharmEasy is providing its service to more than 20 lakh families every month.
- PharmEasy has said that Medlife will close its operations and it will be merged with PharmEasy’s platform from May 25.
- Medlife customers and retail partners will be brought on FarmEasy’s platform.
- Indian Pharmaceutical Industry at a glance(Key points) —
- Estimate of R&D Investment(FY 2020) by top 10 Indian Pharma companies(% of sales) – 8.4
- Pharmaceutical Export from India in billion dollar(FY 2020) – 16.3
- Government Expenditure on Health in India in billion dollar(FY 2020) – 46.0
- Indian Pharmaceutical Market size in 2021(billion dollar) – 42.0
- In February 2021, the government approved a production-linked incentive (PLI) scheme for the pharmaceuticals sector from FY21 to FY29.
- The scheme is expected to attract investments of Rs. 15,000 crore (US$ 2.07 billion) into the sector.
By — Pankaj Pandey.