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Marathwada Mitramandal's College of Pharmacy: Revamping the Indian Pharmacy Education Framework to Meet the Global Demands

Industry reports show that India is likely to be among the top three pharmaceutical markets by incremental growth and sixth largest market globally in absolute size by 2020. Indeed, Indian pharmaceutical market grew 5.5 per cent in 2017 in terms of moving annual turnover and in March 2018, the market grew at 9.5 per cent year-on-year with sales of Rs. 10,029 crore. While this phenomenal growth of Indian pharmaceutical market has instigated the inception of numerous pharmacy colleges in the country, many of these newly minted institutions fail to match with the industry expectations. Apparently, Marathwada Mitramandal, Pune, a public charitable trust established in 1967 had already foreseen that the industry would require a large number of qualified and talented pharmacists to aid its...