ICN CHEMICAL INDUSTRY OUTLOOK 2021

Page 93

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person disease burden measured as Disability Adjusted Life Years (DALYs) by 36 per cent between 1990 and 2016 (after adjusting for changes in the population age structure).

Addressing the Challenges Road to universal health coverage

SUDARSHAN JAIN

SECRETARY GENERAL, INDIAN PHARMACEUTICAL ALLIANCE

UNDERLINING THE CHALLENGES & OPPORTUNITIES

Pharma industry amongst five sectors aiding India’s trade deficit reduction

I

While Ayushman Bharat is aimed at providing affordable healthcare coverage to over 50 crore Indians, there are certain challenges to the accessibility of healthcare that need to be addressed. To begin with, there are only 29 skilled health workers for every 10,000 people in India. This is low when compared to China (41 skilled health workers), and about 111 in the United States. Whilst the standards set by the WHO are met, there needs to be more than a 40 per cent increase to achieve the unmet demand. Accessibility and affordability must walk hand in hand when addressing universal health coverage. India’s healthcare spend is low i.e., less than a third of Indians have health insurance, which means that a major share of the population is dealing with high out-ofpocket medical expenses. It is time for India to not only accelerate towards attaining the goal of universal healthcare, but also for the industry and the government to create a roadmap to ensure access to quality medicines at affordable prices.

n a world that is still recuperating from the ongoing COVID-19 pandemic that has claimed millions of lives globally and put millions more at risk, affordable and accessible healthcare has become fundamental. India has cemented its status as the pharmacy to the world, home to the third-largest pharma industry of drugs by volume. In these unprecedented times, the Indian pharmaceutical industry emerged as a dependable partner through its uninterrupted supply of life-saving medicines not only in India but across the world and demonstrated tremendous commitment towards patient welfare. The Indian pharmaceutical industry has been Reducing the API dependence able to establish its footprint in the largest markets of The global Active Pharmaceutical Inthe world through world-class formulation develgredients (APIs) and Key Starting opments and entrepreneurial abilities, making Materials (KSMs) shortages as “There affordable and high-quality generics widely a result of disrupted supply is a need available. chain due to the pandemic for creating a Standing at the cusp of growth, the postbrought to fore, the need to holistic policy pandemic world offers great opportunities develop APIs and KSMs in environment for the for India. The Indian pharmaceutical indusIndia to be able to fulfil the pharmaceutical try has the potential to realise these opporneeds of the pharmaceutical industry” tunities by addressing current gaps and thus industry going forward. This strengthening the whole ecosystem. move will not only reduce import costs but also reduce market Indian Pharmaceutical Industry - Making a Difference vulnerability due to unexpected price The success of the Indian pharma industry is rooted in its movements. Aiming to reduce import ability to manufacture affordable, high-quality generic drugs. dependency and to attain self-reliance Advancements in drug formulations along with increased and drug security, the Indian governaccessibility to healthcare services helped India drop the per ment has decided to provide incentives


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Articles inside

AMRIT SINGH DEO

8min
pages 144-146

DR. RAFI SHAIK

5min
pages 142-143

NARAYANAN SURESH

7min
pages 139-141

SRINIVASAN RAMABHADRAN

7min
pages 136-138

SHANKER KUPPUSWAMY

7min
pages 133-135

SHOHAB RAIS

6min
pages 130-132

RAHUL KOUL

6min
pages 126-129

DR. PRATAP NAIR

7min
pages 115-117

ANIL BHATIA

10min
pages 121-125

NANDAN MISHRA

7min
pages 118-120

CRAIG HAYMAN

7min
pages 112-114

BHUDEEP HATHI

10min
pages 108-111

LUCA VISINI

6min
pages 102-103

DAI HAYWARD

6min
pages 104-107

PUSHPA VIJAYARAGHAVAN

5min
pages 100-101

DR PRABUDDHA KUNDU

5min
pages 98-99

DR KOMMU NAGAIAH

7min
pages 95-97

SUDARSHAN JAIN

4min
pages 93-94

GOVIND K. JAJU

8min
pages 90-92

SAMIR SOMAIYA

5min
pages 84-85

REEP HAZARIKA

6min
pages 86-89

SUDEEPMAHESHWARI

9min
pages 76-79

MILIND S. PATKE

9min
pages 80-83

SUNIL CHARI

9min
pages 71-75

A. K. TYAGI

6min
pages 69-70

PRIYAMVADA BHUMKAR

6min
pages 67-68

VIKAS BHATIA

10min
pages 64-66

ANKIT PATEL

4min
pages 62-63

MAULIK MEHTA

7min
pages 54-57

MAYANK SINGHAL

5min
pages 52-53

MADHAV PRASAD AGGARWAL

8min
pages 58-61

RAJENDRA V. GOGRI

12min
pages 48-51

PROF. DR. RAKESH KUMAR KHANDAL

8min
pages 44-47

DR. MICHAEL JACOB

4min
pages 42-43

DR NIRMAL KOSHTI

7min
pages 28-31

SANJIV LAL

5min
pages 24-27

PRADIP DAVE

7min
pages 32-35

CASE STUDY - MOTT MACDONALD

5min
pages 40-41

BHAVIKSINH MAHIDA

9min
pages 36-39

SIMON WIEBUSCH

7min
pages 20-23

SWARNABHA MUKHERJEE

5min
pages 16-19
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