Commerce minister assures govt's help to boost pharma export
Updated: Aug 19, 2015 12:55:44pm
A meeting was convened with senior officers from Ministry of Health, DCGI, Department of Pharmaceuticals, Department of Biotechnology, Department of Commerce and Pharmexcil to take stock of the various issues and challenges that exports of Indian Pharma industry are confronted with.
Sitharaman also directed senior officials to speed up the work on various proposals and realize full potential of the sector.
Pharma sector is deeply rooted in science and is truly global in nature. A "Think Tank" consisting of senior pharma professionals, CEOs, government officials, scientists, researchers and pharmacists can provide an ideal forum to identify bottle necks and resolve various issues for overcoming challenges and promoting hassle free exports, according to a statement from the ministry.
Since the scientific breakthroughs in chemistry, biology, microbiology, physics and biotechnology impact development of this sector directly or indirectly, it was considered important to have a platform where all these developments are shared between academia, industry and scientific community for the larger benefit of the society, it said.
In the meeting, Senior Advisor, Pharmexcil, Lanka Srinivas gave a detailed presentation on various issues relating to Indian pharma exports including domestic and international barriers and constraints. (KNN Bureau)