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Life&Business
LIFE & BUSINESS
The Market in Brief
Cannabis used more frequently for Medical Purposes
India is on the Way to becoming the World’s Pharmacy
Approval Debate | Cannabis anti-in-
Generics Market | The market research
flammatory, relieves pain and is far
company Global Data forecasts for
better tolerated thatn morphine and
the Indian pharmaceutical market a
opiates. For pharmaceutical com-
tremendous surge in growth. Market
panies it is nevertheless difficult to
volumes are expected to more than
get approvals for cannabis-based
double from 20 to 55 billion dollars
Samsung will not produce any new
medications. In Germany for
in the next five years. The driver of
products with 3D functions. The
example, it is neither allowed to
this development is the tremendous
reasons for this is the low demand
plant cannabis, to possess nor to be
growth in the generics industry. Ac-
caused by the need to wear 3D glasses
sold. This situation could soon be
cording to Global Data India covers
and the lack of standards for the
changed. The Federal Public Health
20 percent of the worldwide generics
glasses. Another reason is the com-
Ministry is considering putting in
market and is therefore the world’s
petition from the new technologies
the hands of a federal “Cannabis
largest exporter of imitations drugs.
such as ultra HD and virtual reality.
Agency”, the cultivation and sale of
The success of the Indian generics
Industry observers forecast that 3D
cannabis. The plant’s ingredients
televisions will make a comeback as
suit themselves for a wide range of
soon as it becomes possible to build a
medical applications. The spectrum
3D panel which can be used without
ranges from wound medications,
glasses.
the treatment of Multiple Sclerosis to the treatment of neurological illnesses such as the Tourette-Syndrome and ADHS.
The worldwide demand for generics is causing a boom for
Experts expect Approvals for new Medications in 2016
India’s pharmaceutical manufacturers. Photo: arsdigital/ Fotolia
Pharmaceuticals | The Association of
industry is a result of the low produc-
Pharmaceutical Companies doing
tion costs and a worldwide increase
Research in Germany (VfA) believes
in the demand for cheaper medicinal
that in this year several new medi-
products.
cations will be receiving approvals. Included are two-digit numbers of
3D Television on the Way Out
new pharmaceuticals which aid in the treatment of leukemia, lung cancer and bone marrow cancer.
For medical purposes it is expected the cultivation and sale of cannabis will be allowed. Photo: stokkete/Fotolilo
VR and HD dominate | The Korean
Several of these pharmaceuticals
manufacturers Samsung and LG are
are based on newly developed prin-
pulling out on the much-praised 3D
ciples of operation, for example, the
technology for televisions. LG wants
use of oncolytical viruses which
to halve its production of 3D devices,
attack cancer cells and activate the
CLEANROOM MAGAZINE 2/2016 | The Market in Brief