The pharmaceutical industry is one of the best-performing sectors, with companies having turnover in billions. They manufacture all types of allopathic medicines that cater to almost every disease and symptom. If you visit the neighbourhood drug shop, hundreds of medicines are displayed there. With so much of high-tech medical facilities available all around, you may be wondering, what is the purpose of herbal pharmaceutical companies?
What is a herbal pharmaceutical company?
A herbal pharmaceutical company manufactures herbal medicine, which are products of medicinal plants. Herbal medicines are unproven or health-promoting agents that use unrefined plant or animal extracts. They work on the principle that preserving various substances from a given source with less processing is safer or more effective than manufactured products. However, it’s just a concept for which there is no evidence.
Herbal medicines are still categorized as food instead of a drug. Therefore, such medicines are not heavily regulated and must meet the same manufacturing, testing, or labelling standards as pharmaceuticals.
Importance of Herbal Pharmaceutical Companies
People have practised traditional medicines in India and other countries for thousands of years. You can find their references in ancient textbooks like Rig Veda and how people used such medicines against various diseases. Herbal Pharmaceutical companies take help from Biopharmaceutical Consulting, which provides them with the knowledge, skills and expertise about indigenous principles and beliefs. Herbal medicines also use the knowledge of our great cultures that deal with maintaining health, diagnosing, and treating physical and mental illness.
In India, an allopath system is a recent form of treatment, but different forms of traditional medicine and philosophy have existed for a long. All types of treatment are influenced by the prevailing conditions, environment, and location where it was first developed.
Treatment through herbal medicines follows a holistic approach that directly relates to the philosophy of life, the balance of mind, body and environment and focuses on health rather than disease. In herbal treatment, the emphasis is more on the individual than on the disease or ailment from which the patient is suffering. Herbs are an essential part of all systems of herbal medicines.
Role of Pharmaceutical Consulting Services in Herbal Medicines
The Consultant for Pharmaceutical Companies plays a major role in the manufacturing and sales promotion of Herbal Pharmaceutical Companies. The consultant for pharmaceutical companies is a key person, and their main job is to provide important suggestions for developing new medicines and their marketing. They work closely with pharmaceutical companies to provide expertise to manage overall strategy. Every pharmaceutical company needs the support of such consultants because they are experts and provide professional help for the manufacturing process, clinical trial of new medicines, marketing and following the regulatory guidelines.
Pharmaceutical Consulting Services have grown, and pharma consultants are crucial in helping companies conduct critical clinical trials. They are also associated closely with the manufacturing and sales processes to serve their target audiences. The pharmaceutical business is known for many uncertainties you don’t find in other industries. The consequences are also severe in this field due to side effects caused during trials.
There are many incidents in the pharmaceutical sector where adverse side effects of medicines result in casualty among volunteers during clinical trials. Several multi-million-rupee lawsuits were filed in the court of law that forced companies to shut down their operations. Some senior company executives also ended up in jail for unintentional death caused by the deadly side effects of some medicines.
Leading Herbal Pharmaceutical Companies in India
The popularity of herbal medicines has increased in the last few decades. Since childhood, we have been familiar with such traditional medicines and know their effectiveness in treating a disease. Most importantly, such medicines have no side effects, unlike allopathic medicines. We have known herbal medicines as part of Ayurvedic, one of the earliest forms of treatment.
It has been successfully practiced for ages in India. The Ayurvedic industry has become one of the most profitable industries offering medicines for almost every kind of disease. Many people have adopted Ayurveda as a business and are doing exceedingly well.
Pros and Cons of using herbal medicines over synthetic drugs
Herbal medicines are good substitutes for synthetic drugs, especially if you are unhappy with over-the-counter allopathic medicines. For example, steroids were prescribed to treat Covid 19, which increased the blood sugar level of patients, and they were given insulin to control their blood sugar levels. Although most patients became normal after treatment, some were not so lucky and permanently developed diabetes as a side effect.
Herbal medicines also provided relief in cases where surgery was the only option for patients. There are instances where doctors advised immediate heart bypass surgery for patients with blocked arteries. Instead of surgery, they took herbal medicines and successfully cleared their arteries. Herbal medicines were also useful in many other diseases that allopath treatments failed to cure. There are a large number of people who prefer such medicines.
However, in a few cases, herbal medicines have been found to cause harmful side effects among patients. These medicines cause kidney failure and liver damage in some patients because of toxic chemicals and heavy metals. However, users’ general impression of herbal medicines is good, and many people prefer them over synthetic drugs.