ASSOCHAM urges greater utilisation of technology in pharmaceuticals

ANI  |  New Delhi [India] 

Advanced, affordable and are the only way forward towards intensifying the innovations in the Indian sector, a top Union Ministry said at an ASSOCHAM event in the national capital.

Despite having the technical capacity and vast talent pool and potential, Gupta said India's role in new drug discoveries, be it or bio-similar, even for country's own priorities, is quite limited. Furthermore, other factors like changing the burden of owing to the emergence of non-communicable diseases, more chronic diseases, cancerous conditions, and is now said to be on the threshold of capital of the world.

All these, as per Gupta, give rise to the need to find advanced but affordable and and steer efforts towards intensifying the innovations in the sector. She also urged the Indian industry to take advantage of opportunities that have come up owing to recent revolutions at the molecular level, genomics, proteomics, metabolomics, and technology which has led to advanced research in terms of understanding the underlined mechanism of

"I feel that academic institutions, research laboratories and industry involved in healthcare research, should utilise these opportunities properly and come up in a big way for discovery and development of new and services in the country," said Gupta.

She also lauded the domestic for playing a crucial role in manufacturing generic drugs which are being exported to about 200 countries as takes care of about 20 percent of global needs of generic drugs.

The DGHS, however, strongly suggested the industry to shift its approach and put more focus on research and development (R&D) of innovative and services for sustainable growth considering the significant changes in global markets in terms of trade practices, competitiveness, market demands and many other factors.

"Although during the last decade many Indian pharmaceutical companies have started investing in R&D for innovation of newer molecular entities, the success in terms of translating the innovation from laboratories to markets in is limited. This requires effective coordination and exchange of information and collaboration between academic institutions, universities and industry and a very clear understanding of regulatory pathways which is the need of the hour for these innovations," she added.

Highlighting the steps taken by the Union Government, Gupta noted that the new draft Drugs and Rules notified in February 2018 contain various provisions for encouraging research and development of drugs - reducing time in disposal of application given for conducting for a new drug or as part of discovery, waving off local requirement if the new drug is approved and marketed in any of the countries identified by the DGCI and special mechanism incorporated to expedite development of new drugs and approval processes intended to be used in life threatening or serious conditions or

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First Published: Thu, May 10 2018. 19:10 IST