Key markets in Central America, the Caribbean and in Latin America CIS & other East European markets South East Asia such as Phillipines and South Asian markets such as Bangladesh, Srilanka, Maldives
NorthAmerica, Europe, Japan are the most regulated pharma markets in the world
Non regulated: USA,Europe&japan
Regulated pharma markets (eg.USA, Europe ) require submission of dossier in CTD format which has to provide clinical trial and bioequivalence studies. As against this, semi-regulated pharma markets (South East Asian and Gulf Countries) require ACTD format which does not require exhaustive details like CTD.
Though the world pharmaceutical regulations are in continuous process of harmonization, they can be divided into four major categories based on the region, development strategy, regulations and marketing interest. North America (US, Canada) Europe (Europe Union, Eastern Europe) Rest of the World (Asia Pacific minus Japan, ANZ, GCC, LATAM, CEE, CIS) Japan (LATAM: Latin America; CEE Central East Europe; CIS Commonwealth Independent States; ANZ Australia, New Zealand; ROW Rest of World)
North America: The drug registration procedure in US is majorly categorized into three parts, New Drug Applications (NDA), Abbreviated New Drug Applications (ANDA) and the mix of both which is widely called as 505 (b)(2) Applications
Japan: Japan is the worlds second largest market next to the US
Emerging Nations: Rest of the World: This region consists of mainly the countries from Asia pacific, Latin America, Eastern Europe, Africa and Gulf countries.
In the ASEAN regions, the applicant can comply with the common requirements set in the ASEAN Common Technical Dossier (ACTD) to get approval in the member countries (Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Myanmar, Cambodia, Laos and Vietnam).
Ministry of Health of GCC states (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE) are regulatory authorities for the regional pharmaceuticals sector.
Patents Scenario All developed nations (US, EU, Japan, ANZ) have established a product patent which runs for 20 years from the date of patent filing.
In developing regions, countries like Brazil, Argentina, Canada, China, India, Malaysia, Russia, Taiwan, and South Africa have 20 years of patent term. The term can be extended up to 5 years in some of these countries.
Indian Regulations India being the leading supplier of API and generic drugs to the world,