CHAPTER 1
Introduction to Pharmaceutical Industry in India
1.1 HISTORY OF INDIAN PHARMA INDUSTRY
The Indian pharmaceutical industry has a 125-year old history, a humble beginning with Bengal Chemical & Pharmaceutical Ltd. This was an example of a doctor and chemist joining hands to lay the foundation of the chemical and pharmaceutical industries in India.
Dr. Prafulla Chandra Ray conceived the idea of starting chemical and pharmaceutical manufacturing in 1920 in the country with a two-fold object of making India self-sufficient in drugs and chemicals and opening employment to pharma/science graduates, which was an educated middle class. Very soon, Dr. Amulyacharan, a fellow student and a successful medical practitioner, joined Dr. Prafulla Ray. ...
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