- 15 %
Why Indian Pharmacies? For your generic drugs
The prices of safe and legitimate generic drugs in India (such as tadalafil, vardenafil and sildenafil tablets) are considerably lower than in Europe and North America. What’s more is that anyone can easily obtain these drugs from an Indian Pharmacy without hassle?
Why Indian generic pharmaceutical prices beat the competition hands down?
It boils down to currency rates. 62 Indian Rupees currently equate to $1 US Dollar. While those earning dollars are able to take advantage of their strong currency to obtain higher buying power in India, for the average Indian resident, these drugs are not considered to be sold at a bargain price.
Additionally, the Indian government advocates for the importance of these drugs, therefore further driving down the price. The Indian government put forth a study in 1970 outlining the economic realities of the country in relation to its GDP. Following this study, they found it necessary to enact the 1970 patent act to benefit the citizens of India (and eventually the rest of the world, should they choose to take advantage of it). Not only did the act permit the development of these generic drugs that were being held under exceedingly vast and exclusive patent protection in the United States, but it made the generic drugs completely legal for distribution.