India’s life sciences and pharmaceutical sector has been a testing ground for innovation. Drug approvals have increased, and the digital avenues that companies use to market their products have changed drastically. The government has taken steps to accelerate this growth by providing federal grants to get vaccines created and distributed throughout India, particularly in rural areas. Here is an overview of the way the industry fared in 2021.
Statistics indicate that the global value of life sciences deals reached $285 billion in 2020. This trend is expected to continue. Every day brings unique opportunities to researchers in the life sciences, an influential discipline that continues to make global health strides through scientific discoveries. Starting with the early pioneers of life sciences, health professionals keep making new revisions and innovations to improve humankind’s overall quality of life for generations to come.