Live
- Per capita availability of fruits, vegetables increases in India
- FII buying reaches Rs 22,765 crore in Dec as economic growth stays resilient
- National Energy Conservation Day 2024: Date, Importance, and Easy Ways to Save Energy
- Gastronomic trouble: After 'disappearing' samosas Himachal CM in row over red jungle fowl
- Meaningful dialogue a priceless jewel of democracy: Jagdeep Dhankhar
- CM Revanth Reddy Advocates for Gurukuls as Talent Development Centers
- Zepto’s expenses surge over 71 pc in FY24, losses at Rs 1,248 crore
- Tim Southee matches Chris Gayle's six-hitting record in his farewell Test
- AP Mnister Ponguru Narayana Inspects Highway Connectivity Roads to Amaravati
- Reduced inflow: Water levels in Chembarambakkam, Poondi reservoirs drop
India to be leader in pharmacy by 2020
India to be leader in pharmacy by 2020, pharmaceutical companies in AP, Dr Ahmed Kamal. Delivering the keynote address Dr Ahmed Kamal, project director, NIPER, said, “India could be the Pharmacy of the World by 2020.”
• Ten of the 50 leading pharmaceutical companies in the US belong to India
• 40% Americans consume medicines manufactured here
• Indian pharmaceutical market to grow to $74-75 billion by 2020, says D Purandeswari
Hyderabad: Ten of the 50 leading pharmaceutical companies in the United States belong to India and 40 per cent of the medicines consumed by the United States are exported from India.
These statistics were revealed at a National Symposium SynchroPharma 2014 – Pharma Rendezvous for Better Health Care, held at Sultan Ul Uloom College of Pharmacy here on Saturday.
Delivering the keynote address Dr Ahmed Kamal, project director, NIPER, said, “India could be the Pharmacy of the World by 2020.”
Union minister D Purandeswari pointed out that Indian pharmaceutical market could grow to about $74-75 billion by 2020 with its current rate of 14-17 per cent groeth.
“Medicine must be affordable, available and accessible to consumers at all levels. The Pharmaceutical industry in India is growing fast,” she stated. Speaking about the fast changing global market Dr GV Prasad, chairman & CEO, Dr Reddy’s Laboratories, said after Information technology, pharma industry would be the most successful sector.
The young population of India gives the country’s pharmaceutical industry a competitive edge against the United States, China and Japan. He called upon the students to connect academia with the industry and explore knowledge beyond text books. He emphasised the changing trends of medicine in technology, including 3D printer synthetic body parts, personalised medicine and effective use of technology to address the challenging medical needs.
Dr Khan Lateef Khan, chairman, Sultan ul Uloom Education Society (SUES), Zafar Javeed, Hon secretary, SUES, Dr Mir Akbar Ali Khan, Treasurer, SUES, Mohammed Waliullah were present on the occasion.
