News Karnataka
Thursday, May 02 2024
India

India known as ‘pharmacy of world’ because of pharma industry’s efforts: PM

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New Delhi: Prime Minister Narendra Modi on Monday said it is because of the efforts of the pharmaceutical industry that today India is identified as the ‘pharmacy of the world’. He made this remark during an interaction with leaders of the pharmaceutical industry via video conferencing.

The Prime Minister appreciated the crucial role of the pharma sector in the fight against the pandemic.

He also appreciated the way the pharma industry is working even in such trying conditions.”Essential medicines were made available to more than 150 countries around the world during the pandemic. Despite all the challenges, the Indian pharma industry has also registered a growth of 18 percent in exports last year, which shows its potential,” Modi said.

Noting the second wave of the virus and the rising number of cases, the Prime Minister commended the pharma industry for its efforts to increase the production of several necessary drugs.

He appreciated them for reducing the price of injections like ‘Remdesivir’ and to keep the supply of medicines and essential medical equipment going smoothly.

The Prime Minister urged the pharma industry to ensure seamless supply chains and extended the government’s support for facilities like logistics and transportation.

He urged the industry to conduct more and more research on threats that can occur in the future along with Covid. “This would help us take the lead in combating the virus,” he said.

Seeking cooperation from the pharma industry, PM Modi assured that the government is undertaking reforms for new drugs and regulatory processes.

The leaders of the pharma industry appreciated the proactive help and support received from the government. They highlighted the efforts made over the last year in ensuring the availability of drugs keeping manufacturing and logistics operations. Operations at the pharma hubs for manufacturing, transportation, logistics, and ancillary services are being maintained at optimum levels.

The participants also share inputs on the measures being undertaken to meet the overall medicine demand in the country despite the unprecedented increase in demand for some drugs for the Covid treatment protocol.

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