58th Indian Pharmaceutical Congress inaugurated in Mumbai

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The three day 58th Indian Pharmaceutical Congress (IPC) organized by the Indian Pharmaceutical Association (IPA) was inaugurated in Mumbai today. The theme of the conference 'Pharma Vision 2020: Roles, Responsibilities, Resources' will be presented to the Government of India as a paper on the pharma industry's potential and requirements. Speaking at the inauguration ceremony Mr. M Venkateswarlu , the current Drug Controller General, Government of India, said "Right from the 1970's, the pharma sector has helped India achieve self-reliance in essential medicines. In the coming years, India will be a major player in the global pharma industry and will show the world that it not only competes on cost advantage but also innovates. He further said that "Some Indian companies have ventured in new drug discovery research and we are hopeful about having the first ever Indian innovated drug in the market very soon." 

 

The 'Pharma Vision 2020' prepared on the basis of the deliberations and discussions at the conference will act as a blueprint and an action plan for the Indian pharma Industry. Important players from India and Overseas will make presentations on varied practices the Indian pharma industry must adopt to achieve a strong global position by the year 2020.  Stalwarts from companies engaged in drug discovery research, Contract Research and Manufacturing, pharmacy, and other areas will speak on the potential in their respective sectors and what are the current bottlenecks affecting their growth. 

 

Giving details of the 58th IPC, Mr. Subodh Priolkar, President, IPA said, "This year we have attracted around 250 exhibitors and more than 5000 delegates from the pharmaceutical industry across India. The discussions and deliberations at the conference by Indian and International speakers will help draft the Pharma Vision 2020."  

 

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