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    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

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    Gujarat CM felicitates family members of organ donors

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    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

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    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

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    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

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    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

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    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

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    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

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    Seagull Advertising the start-up brand launch accelerator of Pune

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    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

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    AU Small Finance Bank launches industry’s first customisable Credit Card,LIT

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    Union Bank of India wins PFRDA “Best Performing Bank” Award

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    Kshitiz Sharma, a student of Aakash+BYJU’S from Chandigarh branch tops Himachal Pradesh Board of Secondary Education (HPBOSE); scores 98.6%

    Kshitiz Sharma, a student of Aakash+BYJU’S from Chandigarh branch tops Himachal Pradesh Board of Secondary Education (HPBOSE); scores 98.6%

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    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Vidyakul App becomes the key to success with its students in Std. 10 and 12 passing with flying colours in Gujarat

    Gujarat CM felicitates family members of organ donors

    Gujarat CM felicitates family members of organ donors

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

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    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

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    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    Seagull Advertising the start-up brand launch accelerator of Pune

    Seagull Advertising the start-up brand launch accelerator of Pune

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

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    AU Small Finance Bank launches industry’s first customisable Credit Card,LIT

    AU Small Finance Bank launches industry’s first customisable Credit Card,LIT

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    Union Bank of India wins PFRDA “Best Performing Bank” Award

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    Safety tops the charts for women while Comfort is most important for men while travelling

    Guj CM approves projects of drinking & irrigation water to 135 villages

    Guj CM approves projects of drinking & irrigation water to 135 villages

    Punjab National Bank Celebrates 8th International Yoga Day

    Punjab National Bank Celebrates 8th International Yoga Day

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    Kshitiz Sharma, a student of Aakash+BYJU’S from Chandigarh branch tops Himachal Pradesh Board of Secondary Education (HPBOSE); scores 98.6%

    Kshitiz Sharma, a student of Aakash+BYJU’S from Chandigarh branch tops Himachal Pradesh Board of Secondary Education (HPBOSE); scores 98.6%

    Rajeev Butani joins Prodapt’s Board of Directors

    Rajeev Butani joins Prodapt’s Board of Directors

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    Five students across grades shortlisted for an all-inclusive trip to NASA by Aakash+BYJU’S from Anthe 2021

    Five students across grades shortlisted for an all-inclusive trip to NASA by Aakash+BYJU’S from Anthe 2021

    Avtar Partners with Google for the 3rd Consecutive Year

    Avtar Partners with Google for the 3rd Consecutive Year

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Shri Gowda expects Indian pharma industry to be among the first one to develop and supply low cost vaccines for covid-19

NewsMonks by NewsMonks
2 years ago
in Health & Fitness, News
2 min read
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DBT-BIRAC is supporting Covid-19 vaccine development by facilitating establishment of r-VSV vaccine manufacturing platform for first time in India
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Union Minister for Chemical  and Fertilizers Shri D V Sadananda Gowda has lauded the contribution of Indian pharma industry during the testing time of COVID expressing confidence that Indian pharma industry will be among the first one to develop and supply low cost vaccines for this pandemic.

Shri Gowda was addressing a Webinar organised by Invest India Pharma Bureau and Department of pharmaceuticals on  #EIF2020 Medical Devices and Pharmaceutical Sector Edition – unravelling the investment potential, Gol initiatives, infrastructure & emerging opportunities in the sector through video conferencing yesterday evening.

Union Minister also stresse that Indian pharma and medical devices industry were able to rise to the occasion. He added, “It is matter of great pride for me and millions of Indians that from being a net importer, India has become second largest producer of PPE Kits in the world with daily production capacity surpassing more than 5 lakh per day.  

Similarly in case of ventilators, within a very short span of time, indigenous production capacity has increased to 3 lakh per annum. In addition, India did not face any scarcity of medicines, prices of medicines remained stable throughout. This was achieved due to active cooperation among various Departments and agencies of the Central Government, State Governments and private sector, Shri Gowda said.

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Stressing on the need of development of indigenous capacity in Medical devices Shri Gowda said, “it is very important as it has a crucial role to play in improving accessibility and affordability of healthcare especially with respect to availability of precision devices for screening and diagnosis, advanced surgical equipment needed for treatment, and devices for monitoring of health indicators, among others.”

He further said under the leadership of  Prime Minister Shri Narendra Modi, Department of Pharmaceuticals has taken several measures to create enabling environment for development of domestic capacity in pharma and medical deivice sector and has decided to support the development of three bulk drug parks and four medical devices parks across the country in coordination with State Governments and private sector. The objective is to make India self reliant in production of 53 critical APIs or Key Starting Materials (KSMs), and in production of medical devices, for which India is crucially dependent upon imports. 

Shri Gowda said that he is very much sure  that these  parks will be able to attract significant investment as well as latest technology.  Within a period of 2 -3 years, due to business friendly policies of Union Government under leadership of Shri Narendra Modi, pharma sector will become atmanirbhar, not only in sense of meeting domestic requirements but also for fulfilling global demand of low cost – high quality medicines and medical devices. It is expected that these schemes of Union Government for development of bulk drug & medical device park will attract cumulative investment of Rs 78000 crore and can generate about 2.5 lakh employment.

Tags: PharmacuticalsVaccince
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