Eric Ittah is an eminent biopharmaceutical consultant. He has developed good business relations with a lot of professionals working in the field of pharmaceuticals

1. Prospects Of Pharmaceutical Industries
By: Eric Ittah

2. The word pharmaceutical is derived from
the Greek word “Pharmakeia”.
Pharmakeia
Meaning of the word “Pharmaceuticals”

3. Pharmaceutical industries are the backbone of any
country’s economy due to the growth of different types
of diseases. These industries continuously engage
themselves in doing research and development process.
They are a great help to healthcare providers because
they develop chemicals that help in the cure of
diseases.
Why there is need of Pharmacy industries?

4. Pharmaceutical industry absorbs all the stages that
are associated to drug discovery, its development,
safety, formulation, use, quality, packaging,
marketing etc. Along with this, it is involved in
designing high quality drugs and formulation at an
affordable price.
The main objective of these industries is to protect
the well being of community by offering superior
quality drugs and chemicals.
.
Functions

5. The main beneficiaries are –
•Patients ailing with different types of
dreadful diseases
•Doctors
•Healthcare service providers
•Community
Beneficiaries of pharmaceutical industries

6. The main challenges faced by pharmacy industries include:
•Dramatic increase in the number of medicines in the market
•Rising cost of healthcare
•Limited financial resource
•Inefficient health systems
•Shortage of human resources in healthcare sector
•Rational use of medicine
.
Challenges faced by pharmaceutical industries

7. There has been steep increase in the pharmaceutical
industries down the years because of healthcare
reforms and economic growth worldwide. Rapid
economic growth, increase in population and
growing of diseases has made this sector gain a big
boom globally. Latest technology used in the field
of drug research and development has also made
pharmacy sector one of the most leading sectors.
rospects of pharmaceutical industrie

8. THANK YOU
Contact Me: http://ericittah.ca/