India is going to be the pharmacy capital of the world by 2020

Update: 2019-02-02 05:30 IST

Hyderabad:  "One revolutionary drug can change the landscape of India pharma industry and also the world”, said Pharmacy Council of India President Prof. B. Suresh. Addressing the inaugural day of two-day national conference SynchroPharma 2019 organized by the Sultan ul Uloom College of Pharmacy (SUCP) as the Chief Guest, Prof. Suresh said “pharmacists can play an important role in reducing health expenditure on patients by becoming super specialists".  

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Pharmaceutical stalwarts including former presidents of Indian Pharmaceutical Association including Dr. Rao Vadla Mudi, Dr. J.A.S.Giri, Dr. B. Suresh and former Vice President Prof. T.V. Narayana adorned the inaugural event.

India pharmacy to be $50bn business
Speaking on the occasion President of Indian Pharmaceutical Association Prof. T. V. Narayana said “by 2020, India is going to be the pharmacy of the world exporting a major chunk of the world’s pharmacy needs. Indian pharmacy industry will be an estimated $55b business by 2020 with exports of over $19b”.

AI to revolutionise pharma care
Addressing the students, VC JNTU Prof. Venu Gopal Reddy said Artificial Intelligence systems will dominate the pharma industry in the near future, and only at the higher clinical level, human intervention will be required.” He said “the computational power available to us today, will help the pharma system to speed up drug design and development.”

He advised students to devote cent percent of their time in transforming themselves into a complete professional and must be ahead of their time in their respective fields. He urged students to test their ideas at the college level to prepare for the industry.

SUCP Principal Dr. Anupama Koneru, SUES Secretary Mr. Zafar Javeed, Vice Chairman Mr. Mohammed Waliullah, SUES Treasurer and SUCP Chairman Dr. Mir Akbar Ali Khan, Dr. Manohar Karvekar – Member Pharmacy Council of India, Mr. Mohammed Jaffar and others were also present on this occasion.

-  SUCP Professor Dr. V. Murali Balaram presented a vote of thanks
 

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