USFDA is allaying fears of generic medicine to provide a boost to Indian pharmaceutical sector. Apparently, over 90% of United States drug market is dominated by generic medicines. However, there is a perception that about imported drugs are inferior.
According to a study conducted in 2017-18, out of 323 products from around the world — including more than 100 from India have met the exact specification set up USFDA. Recently, many of Indian drug exporters have been cleared by USFDA inspections after rigorous inspections.
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