SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Drug Cos To Benefit From US Move

28 Feb 2011 Evaluate

The US government’s proposal to reduce healthcare costs for American consumers by cutting the data exclusivity period for patented biotech medicines will allow low cost Indian drug makers to tap a lucrative segment in the world’s largest drug market. According to the US budget proposal, the government plans to reduce the data exclusivity period to 7 years from 12 years at present from next year. This will provide an opportunity for local drug makers to sell their bio similar drugs much earlier in the US market.

Several local companies are vying to launch their bio similar drug in the US such as Biocon, Dr Reddy’s Laboratories and Wockhardt. The global market for bio similar is estimated at $55-60 billion and estimated to swell to $300 billion by 2020.

Data exclusivity restricts bio similar drug makers to rely on the original clinical studies data for the specified period. The US government’s move to trim the exclusivity period is aimed at balancing the objective of lowering healthcare cost while providing incentives to new drug developers for future research.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×