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Fiji, an archipelago of over 300 islands in the south Pacific, will procure generic medicines from Indian drug-makers.
The move follows the visit of a high-level Fijian delegation to India and its discussions with the Ministry of Health officials and industry bodies in February.
Udaya Bhaskar, Director-General, Pharmaceutical Exports Promotion Council (Pharmexcil), told BusinessLine: “The council is in receipt of communication about procurement from the office of Central Drugs Standard Control Organisation (CDSCO), Ministry of Health & Family Welfare, Government of India.’’
The members of Pharmexcil have already been informed about the opportunity and need to submit expression of interest. The medicines to be procured comprise many important and emergency generic medicine.
The requirement is for 207 different drugs in varying quantities. The number of units required ranges from about a few hundreds to 35 lakhs.
“Fiji and Australia present a new opportunity for Indian drug makers. Though predominantly these markets are for branded drugs, they are now trying to introduce generic medicines,’’ Uday Bhaskar said.
An ageing population and other aspects of the healthcare scenario in countries like Fiji, Australia and Japan are opening up new opportunity for Indian drug exporters, the official added.
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