iPHEX, a major push to pharma exports

MAUD Minister KT Rama Rao inaugurated ‘iPHEX 2017’, the fifth edition of the ‘Mega Pharma Show’ at Hitex Exhibition Centre in Madhapur on Thursday. The event, which was organised by Pharmaceuticals Export Promotion Council of India, had about 580 overseas buyers, 50 drug regulators and 275 exhibitors.

Health Minister of Ghana, Kwaku Agyemang-Manu was also present. Highlighting the leadership position of Hyderabad in pharmacy sector, the KTR said, “Hyderabad is the world leader in production of vaccines and also offers a well developed R&D expertise necessary for development of pharma sector.”

“We invite the industry to invest in the upcoming Hyderabad Pharma City and take advantage of an integrated live-work-learn-play eco-friendly system,” he said. “India is a long term preferred partner for pharma supplies to Africa and we invite the Indian pharma industry to set up manufacturing units in Ghana and offer quality medicines at affordable costs”, said Agyemang-Manu.

Madan Mohan Reddy, Chairman of Pharmexcil said, “iPHEX is host to overseas buyers who are coming from over 110 countries and we are demonstrating our vast expertise in supplies of APIs, formulations, nutraceuticals, excipients, veterinary drugs, biological and ayush products.”

Udaya Bhaskar, Director General of Pharmexcil said, “India already has a significant presence of generics in the US, European and African markets, and we have invited drug regulators and pharma procurement specialists to this year’s edition who will participate in workshops and offer on the spot advisory services to Indian exporters on doing business in their countries.”