ABSTRACT:
The presentation represents an overview on the prospects of commercialization of medicinal plant products. A prior art search was conducted to find information on problems and their solutions associated with commercialization of medicinal plant products. A large number of medicinal plants and their herbal formulations are already in market but the main problems associated with theses formulation are contr strength. Climatic variations, cultivation and collection periods, drying process, storage conditions, adulteration, availability of plant resources, presence of heavy metals etc. are the leading causes affecting the commercialization of these formulations. These problems can be overcome by using the standard guidelines such as GAP (Good Agrotechnological Practices), GLP (Good Laboratory Practices), GCP (Good Clinical Practices), GMP (Good Manufacturing Practices) ete. during cultivation of medicinal plants, design and development of herbal products and the manufacturing of these formulations. Germplasm conservation and plant tissue culture techniques can be used for the preservation and development of endangered medicinal plant species.