medical cost skyrocketing, says Governor

Inaugurates two global healthcare summits in Hyderabad

Hyderabad: Two prestigious events - the second edition of the Indo-Global Healthcare Summit & Expo 2015 and the Indo-Global Pharma Expo & Summit 2015 - were kicked off the city on Thursday. The events will continue till Sunday.

Jointly organised by the Federation of Telangana and AP Chambers of Commerce & Industry, the OMICS International and Indus Foundation in collaboration with the State Government of Telangana and the Pharmaceutical Export Promotion Council of India, the two summits were inaugurated Governor E S L Narasimhan.

Addressing the gathering after the inauguration, Narsimhan appealed to the healthcare and pharma fraternity to work towards bringing down the cost of medical treatment for masses in India. “Given the tremendous potential of growth that India’s pharma and healthcare sectors have, while we make concerted efforts towards creating a hygienic environment by every passing day, the cost of medical treatment and medicines is escalating.

It needs to be checked so that affordable treatment could be provided to the masses especially in rural areas,” he said. Governor also inaugurated a medical camp being organised on the sidelines of the two summits. “These two unique events aim at identifying and sharing successful innovative models of healthcare delivery from around the world.

They are going to go a long way to facilitate professionals, entrepreneurs, industry players, investors and global institutions to collaborate for taking advantage of the latest innovations and advances,” said S B Anumolu, president of the Indus Foundation. “The medical technology industry in India is standing at a crucial juncture. Today, the demand has exceeded the supply of medical technology in India, depriving patients of life saving diagnosis and therapies.

All the concerned stakeholders at various levels in the healthcare industry – the manufacturers, the policy makers, the healthcare providers, the insurance players and medical education institutions need to join hands for a sustained growth of medical device industry and eventually pass the benefit to the patients,” said Dr Srinubabu Gedela, CEO, OMICS International.

“I have been an invited as speaker at many Indian medical conferences. The summits being organised are truly unique and important, as they have the potential of changing Indian healthcare for better. You deserve great credit for this effort,” remarked Dr Robert Wah, president of the American Medical Association, while delivering his keynote address in the pre-inaugural session of the summit.

Dr Kakarla Subba Rao, former director, Nizam’s Institute of Medical Sciences and Prof D Balasubramanian, Director of Research, L V Prasad Eye Institute also delivered their keynote addresses prior to the Governor inaugurating the summits formally.

Touted as the most comprehensive healthcare event of its kind ever held in India, the summits have an estimated 4,000 top Indian and foreign professionals from 15 countries taking part. During the four days of the events, a total of 10,000 members are expected to participate. Nearly 112 scientific workshops and sessions on innovations and advances also will be held as part of the events.