National Policy ready for R&D in Pharma-Medical Device Industry

Govt Pharma Cosmetic Medical Device Policy

Last Updated on December 31, 2023 by The Health Master

National Policy for R&D

Download the R&D Incentive Scheme for the Pharma Industry, the link is given below: In a significant development, Union Health Minister Dr. Mansukh Mandaviya announced that India is on the brink of introducing a comprehensive national policy designed to invigorate research, development, and innovation within the pharmaceutical and medical device sectors.

At the G20 health ministers meeting, which took place from August 17 to August 19, Mandaviya gave the keynote address.

Leaders of the Indian pharmaceutical industry and delegates from other G20 countries were present.

Medicine tablets
Picture: Unsplash

Commitment to Quality Healthcare Amidst Global Challenges

Amid the tumultuous backdrop of the COVID-19 pandemic, Minister Mandaviya underscored India’s unwavering commitment to providing quality, accessible, and affordable healthcare.

He lauded India’s remarkable efforts during the pandemic, which demonstrated the nation’s dedication to supporting the health and well-being of its citizens.

Bp Apparatus, Medical Devices
Picture: Pixabay

Shifting Paradigms in Healthcare Leadership

Central to India’s future healthcare vision is a transformative shift from volume-based approaches to a value-driven leadership model.

Minister Mandaviya emphasized this shift, highlighting how India aims to ensure healthcare services are not just abundant in quantity, but also deliver value and excellence to patients.

National policy: Empowering Innovation in Healthcare Advancement

Recognizing the pivotal role of research and development in advancing healthcare, Minister Mandaviya revealed India’s strides in fostering an innovative environment.

He revealed that the nation is in the final stages of implementing a national policy that will stimulate research, development, and innovation within the pharmaceutical and medical devices sectors.

This National policy is poised to act as a catalyst for transformative advancements in healthcare technology and treatments.

Global Collaboration for Unprecedented Growth

In a resounding call to action, Minister Mandaviya invited countries, government bodies, industry leaders, healthcare professionals, and researchers to join forces in elevating the pharmaceutical and medical device sectors to new heights of innovation and excellence.

This collective effort is set to drive unparalleled growth and cooperation within the global healthcare community.

Global Leaders Acknowledge India’s Prowess

Minister Mandaviya’s message was reinforced by esteemed global health ministers.

The Minister of Health for the Republic of Indonesia, Budi G Sadikin, and the Health Minister of the Netherlands, Dr. Ernst Kuipers, both acknowledged India’s remarkable achievements in health and pharmacology.

They emphasized the crucial need for international collaboration and partnerships to further advance healthcare standards and innovation.

India’s Model for Affordable Medicines Garners Praise

The success of India’s pharmaceutical industry resonated strongly during the meeting.

Dr. Kuipers noted that medicines manufactured in India have saved countless lives across the world, underscoring the potential for deepened collaboration in the realm of innovative medicines.

The Indian model for providing affordable and high-quality medicines also drew admiration from Dr. Sadikin of Indonesia, who expressed a keen interest in replicating India’s Jan Aushadhi Kendra model.

Jan Aushadhi

Jan Aushadhi Kendra: A Model of Excellence

Mandaviya led a delegation of G20 delegates and ministers, including the Indonesian health minister, to a Jan Aushadhi Kendra—an Indian initiative offering accessible, affordable, and quality medicines to citizens.

Dr. Sadikin expressed his intent to replicate this model in Indonesia, stating that India’s Jan Aushadhi Kendra stands as a beacon of quality, accessibility, and affordability in healthcare services.

Looking Ahead: A Promising Future

As discussions continue on the success of the Jan Aushadhi Kendra model, Minister Mandaviya emphasized the global recognition it has garnered for its cost-effective and quality-focused approach.

Amidst rising healthcare costs worldwide, the Indian model has emerged as a beacon of hope and innovation, exemplifying the potential for collaborative efforts to transform healthcare accessibility and affordability on a global scale.

Disclaimer: This article contains information derived from the source mentioned below. Our team utilized an AI language model, to rewrite and present the news / article in a unique format.

For informative videos by The Health Master, click on the below YouTube icon:

YouTube Icon

For informative videos on Medical Store / Pharmacy, click on the below YouTube icon:

YouTube Icon

For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:

YouTube Icon

For informative videos on consumer awareness, click on the below YouTube icon:

YouTube Icon
YouTube Icon