India's pharmaceutical sector is the third largest by volume and the fourteenth largest by value in the world. India exports pharmaceuticals to almost 206 nations, with the United States serving as its top export market. Due to the reasonable costs and excellent quality of its medicinal items, India is rightfully known as the ‘Pharmacy of the World’.
Generic drugs, over-the-counter medications, bulk medications, and vaccines are a few examples of the pharmaceuticals that the Indian Medical Industry deals in.The COVID-19 pandemic has significantly impacted the market by creating a huge demand for hospitals, medical devices, health insurance, telemedicine, clinical trials, and medical equipment.
Established in the year 2001, Rim Quality System Consultancy is a 22-year-old project and quality systems consulting firm, with over 100 accomplished pharmaceutical projects for both API and formulation.
“Being a one-stop solution helps us to ensure that our client's Projects are not only adhering to current International Regulatory compliance but we also take into consideration the next 20 years of new Industry norms and practices that will be implemented”, shares Nikit Shah, Pharma Project Consultant, Rim Quality System. The organization's mission is to provide domestic and international consumers with Plant Upgradation assistance and affordable options for setting up green pharmaceutical projects and making modifications to existing facilities.
“At Rim Quality System we provide a One-Stop-Solution to our clients for their Project and Regulatory compliances. Right from the inception of the project to planning Layout, Designing, Utilities, Equipment Finalization, and Documenta-tion, all services are provided by our in-house team”, speaks Nikit. The fact that everything linked to the project is handled under one roof of the firm allows for a seamless transition between each stage, enabling the clients to accomplish their objectives quickly, effectively, and for a very affordable price.
The two primary concerns faced by pharmaceutical manufac¬turing companies are quality risk management and data in¬tegrity, and this is where Rim Quality System plays the most significant part by ensuring that their clients follow stringent regulatory compliances and that all international regulatory guidelines and norms are taken into consideration.
Nikit Shah, Director
Rim Quality System has a group of certified and skilled professionals with a strong understanding of management principles, a creative and dynamic problem-solving approach, and leadership skills. “At Rim Quality System we strongly believe Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction, and skill-ful execution”, says Nikit, and this is what sets the firm apart from other competitors in the market. The firm tries to meet the client’s requirements in the most effective way possible so that they are satisfied with the end result. The firm’s clientele includes Concord Biotech, Finecure Pharmaceuticals, Mete¬oric Biopharmaceuticals, West Coast Pharmaceuticals Work, and more.
At Rim Quality System we strongly believe Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction, and skillful execution
In the past few years, Rim Quality System has completed more than 100 API and formulation projects in both Green¬field and Brownfield Pharma and has expanded globally, in Kenya, Nigeria, Uganda, and other MENA and African nations. “The pharmaceutical industry market is growing at approxi¬mately 10 percent CAGR. The government initiative of Make In India and post covid PLI schemes will definitely see tremen¬dous growth for Indian Pharmaceutical companies. Hopefully, these steps would contribute to our business expansion both at the national and global levels”, signs off Nikit.