Govt assures support to pharma cos to develop and innovate in India

Govt assures support to pharma cos to develop and innovate in India
20/04/2016 14:06
The minister of state for department of pharmaceuticals, Hansraj Ahir, has assured all support to the pharmaceuticals and life sciences industry to grow and reach global scales for catering to the burgeoning domestic and global markets. While addressing the CII’s 13th National Pharmaceuticals Conclave today in New Delhi, the minister said that the industry should come forward to address the huge prospects and challenges ahead in segments like manufacture of bulk drugs, medical equipment and in on research and development. The government would lend all possible support in the endeavour to make India a quality and cost effective pharma hub. The programs launched recently, such as Make in India, Skill India, Start up India etc. would give a critical push to the entire chain of life sciences, he added. Exhorting industry to look beyond their balance sheet, the minister observed that they should make quality drugs at affordable prices to the common man. In his regard, he mentioned about various initiatives taken by the present government to reduce the prices of the lifesaving drugs to make them affordable to the common man. Diseases like diabetes, cardio vascular problems etc. are afflicting a large number of people particularly from the poorer strata of the society. “We have to find newer approaches for diagnosis and treatment of patients since such diseases go unnoticed, particularly among the poorer sections of the society,” he said.