Reimagining a new future
Catalyzed by an exciting range of new, disruptive technologies, pricing burdens, government policy changes and worldwide supply chain shifts, the pharmaceutical industry is constantly reimagining the future. Research suggests leading pharmaceutical manufacturers are exploiting advanced technologies such as artificial intelligence and machine learning for streamlining manufacturing processes.
Our analysis
Predicted Outlook 2030
Source: Precedence Research
There has been a sudden growth in this sector due to crucial factors of rise in chronic ailments, development of new viruses and challenges, increase in per capita expenditure, increased focus on overall healthcare and consumer awareness.
Our Target
Askenter is working to slowly expand in this sector with our company Param Pharmaceuticals, headquartered in Delhi, India. The company is actively involved in manufacturing and marketing prescribed brands, surgical and medical devices. We are looking to explore the Men’s Healthcare, Wound Care and Nutraceuticals segments.
Men’s Healthcare
Wound Care
Nutraceuticals
We have analysed a growing trend in the personal grooming and care areas. We collaborate and manufacture medicines in the form of tablets, capsules, syrups, injectables, topical creams and ointments.
Although there have been recent shifts due to the impact of downward pressure on pricing and more preventive behaviours, the market has become more competitive and we aim to become a force of change with consumer friendly partnerships and exploring new playing fields with focus on advanced technology and new geographies.