Saturday, Apr 20 2024 | Time 16:19 Hrs(IST)
image
States » South


India becomes largest provider of generic drugs globally : Venkaiah

India becomes largest provider of generic drugs globally  : Venkaiah

Hyderabad, Mar 16 (UNI) Vice President M Venkaiah Naidu has said that world class drugs with unwavering quality at very affordable prices is the need of hour.

Addressing the 2nd decennial celebrations of Sarojini Naidu Vanita Pharmacy Maha Vidyalaya, here on Saturday, Mr Naidu urged the Indian Pharmaceutical industry to remain committed to high standards of quality in drug manufacturing and quality frameworks.

Calling for strict adherence to global standards in manufacturing drugs, he exhorted the industry to earmark more resources for discovering new molecules and new drugs without compromising on the affordability of drugs.

Mr Naidu stressed the need to give a thrust to research and innovation. New healthcare challenges are emerging every day, especially with an alarming rise in the number of non communicable and lifestyle diseases and cancers, he added.

The Vice President said that India had become the largest provider of generic drugs globally and in supplying anti-retroviral drugs used worldwide to combat AIDS .
He lauded the yeomen service rendered by Indian companies in providing life saving medicines at affordable prices in the developing countries.

Expressing his desire to see India emerge as the world leader in generic medicines, Mr Naidu wanted the young researchers to also work towards standardizing and benchmarking Indian systems of medicine. He wanted them to use globally established experimental protocols, to establish the efficiency, validity and efficacy of the traditional medicines.

Mr Naidu asked the Pharma companies to develop new molecules and drugs to combat some of the lesser known diseases, particularly the group of diseases called as “rare diseases”.

Saying that the number of people suffering from rare diseases was estimated to be more than 70 million in India, the Vice President said that it was important for the Indian Pharma industry to look into the need for developing low-cost drugs for treating rare diseases.

The Vice President said speedy introduction of generic drugs into the market should remain the focus. Rural health programmes, lifesaving drugs and preventive vaccines should also receive attention from policy makers and Pharma companies alike, he said.
MORE UNI VV CS1506

More News
Jairam Ramesh raises crucial questions ahead of PM Modi's Bengaluru visit

Jairam Ramesh raises crucial questions ahead of PM Modi's Bengaluru visit

20 Apr 2024 | 4:03 PM

Bengaluru, April 20 (UNI) As Prime Minister Narendra Modi prepares to visit Chikkaballapur, senior Congress leader Jairam Ramesh has raised crucial questions regarding the central government's response to Karnataka's pressing issues.

see more..

Likely to be hot and humid in Andhra for next 5 days: Met

20 Apr 2024 | 3:28 PM

Amaravati, April 20 (UNI) Hot, humid and uncomfortable weather is likely to prevail at isolated places in North Coastal Andhra Pradesh & Yanam, South Coastal Andhra Pradesh and Rayalaseema during the next five days till April 25, Meteorological Centre said on Saturday.

see more..
Cong's DK Suresh challenges Modi's record ahead of Bengaluru rural rally

Cong's DK Suresh challenges Modi's record ahead of Bengaluru rural rally

20 Apr 2024 | 3:20 PM

Bengaluru, April 20 (UNI) DK Suresh, the Congress candidate from Bangalore Rural, dared Prime Minister Narendra Modi to tell people what he has done in a decade for Karnataka's development as well as explain his efforts in tackling rising inflation ahead of PM's rally today.

see more..
Deve Gowda responds to Rahul's B-Team remark

Deve Gowda responds to Rahul's B-Team remark

20 Apr 2024 | 3:02 PM

Kolar (Karnataka), April 20 (UNI) Former Prime Minister and JDS president HD Deve Gowda has said he has no qualms in being called Prime Minister Narendra Modi party BJP's "B-team".

see more..
Cong protests over non-release of relief funds to Karnataka ahead of PM Modi's Bengaluru visit

Cong protests over non-release of relief funds to Karnataka ahead of PM Modi's Bengaluru visit

20 Apr 2024 | 2:56 PM

Bengaluru, Apr 20 (UNI) Ahead of Prime Minister Narendra Modi's scheduled visit to Bengaluru here on Saturday, tensions have escalated between the Congress party and the central government over the alleged non-release of relief funds to Karnataka.

see more..
image