Scientist at a microscope in a laboratory. Photo: Navy Medicine / Unsplash
Pharma, Biotechnology & Life Sciences

Life Sciences

Medical devices, diagnostics and CDMO services under global scrutiny.

What we see

The issues clients bring us.

  • Device and diagnostics counterfeits
  • Marketing practices under UCMPMD 2024
  • CDMO confidentiality
  • Billing and milestone disputes
  • Regulatory submissions integrity
  • Vendor capture
How BDI helps

What we do about them.

  • Marketing-practice reviews under UCMPMD 2024, and the Sunshine Act for US sales
  • Contract governance and obligation tracking
  • IP-leakage investigations
  • Vendor due diligence
  • Dispute support
  • Fraud risk assessments
Platforms for Life Sciences

Keep the record with BDI's governance tools.

Pharma, Biotechnology & Life Sciences: market context

The numbers behind the risk.

India

The pharmacy of the world, now held to tighter manufacturing, marketing and data standards at home and abroad.

US$60 bn
domestic pharma market in FY26, projected to reach US$130 bn by 2030
Source: IBEF
US$31 bn
pharmaceutical exports in FY26
Source: IBEF
3rd
largest producer by volume; about 20% of global generics supply
Source: IBEF
33%
of surveyed consumers encountered a counterfeit healthcare product in the past year
Source: The Week, on the ASPA–CRISIL State of Counterfeiting in India 2025 report

Regulatory and market updates

  • Revised Schedule M enforcement

    MSME units that applied for extension had until 31 December 2025; the DCGI has ordered state regulators to inspect units for compliance.Source: The Week (PTI)

  • UCPMP 2024

    The Uniform Code for Pharmaceutical Marketing Practices 2024 bans gifts to healthcare professionals, caps samples, bars CME events abroad and requires event spend to be published, with a self-declaration by the executive head within two months of each financial year.Source: Nishith Desai Associates

  • UCMPMD 2024 for medical devices

    A parallel Uniform Code for Marketing Practices in Medical Devices was notified in September 2024, extending similar rules on gifts, samples, hospitality and self-declarations to device companies.Source: Outlook Business

  • Biopharma SHAKTI

    ₹10,000 crore over five years announced in the Union Budget 2026-27 to build biopharma capability.Source: IBEF

Also in Pharma, Biotechnology & Life Sciences

Platforms referenced: PactinexIP Octopus M1

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