![]() 16 medications, including basic antipyretic medications like paracetamol 500 mg, certain laxatives, nasal decongestants, and topical antifungal creams, have been suggested for inclusion in the over-the-counter (OTC) drug category in a draught notice released by the Union Health Ministry. For instance, the Union Government of India proposed in May 2022 to legalise the selling of over-the-counter (OTC) medications in India by amending the Drugs and Cosmetics Rules to permit their retail market sale without a prescription. ![]() Players in the global over-the-counter medicine industry should benefit from attractive growth possibilities due to the growing support and collaboration for the development of OTC pharmaceuticals. According to a statement from Hamdard Laboratories, the company will continue to introduce goods that will benefit consumers in getting through difficult times and maintaining their health. In India, over-the-counter medications have been introduced. Hamdard Laboratories introduced 12 over-the-counter medications to assist strengthen immunity in January 2021. This might be linked to the increased prevalence of self-medication as well as the expanding patient population. ![]() Over the projection period, there is likely to be an increase in the production and availability of OTC medications for a wide variety of common illnesses or disorders. To Get More Business Strategies Request Sample Copy of This Research Report:) By the end of 2022, the global market for over-the-counter medicines is anticipated to be worth $150.7 million. ![]()
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