How Wockhardt solved a problem Indian pharma couldn't

Speaker 1· Host0:00

[upbeat music] Hello, folks. You're tuned into Finshots Daily. In today's episode, we talk about India's first homegrown drug and why it took Indian pharma so long to get here. Before we begin, here's a quick word from Team Ditto. Life can be unpredictable, and if the main earner is not around, the bills won't stop. That's why term insurance is so important. It gives your family a fixed payout so they can cover school fees, EMIs, and daily expenses without stress. If you buy it early, you can get a one crore cover for as little as 1,000 rupees a month, and the premium stays the same for your entire policy term. That's real peace of mind at a very small cost. And if you're not sure which plan is right for you, book a free call with Ditto. No spam, just honest guidance. And we're trusted by over eight lakh people for their health and term insurance needs. Now, back to the story. India is often called the pharmacy of the world, and there's a good reason for that. If you've ever popped a paracetamol, taken a life-saving antibiotic, or received a vaccine, there's a chance it was manufactured by an Indian company. Take a look at what happened when the Novo Nordisk patent for semaglutide expired. Within days, there were at least 15 generics. Generics are simply cheaper versions of the same medicine made after patent protection expires, and almost nobody else in the world can make them like we do. For context, today India supplies medicines to over 200 countries, accounts for roughly