Japan's drug regulator PMDA plans India office
15-Oct-15, The Economic Times
Japan's drug regulator, the Pharmaceuticals and Medical Devices Agency (PMDA), is set to open an India office soon, amid concerns over an aging population and burgeoning healthcare costs in a country dominated by branded drugs.
%20The%20Economic%20Times.jpg "Japans drug regulator PMDA plans India office (c) The Economic Times")
Image: The Economic Times
The move is expected to help Indian generic drug manufacturers, which have been seeking to increase their presence in Japan either through exports or by forging joint ventures with partners in that country. Japan's market is worth $110 billion.