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What Pharma CEOs, PEs Want To Move The Innovation Needle In India

 
• By Anju Ghangurde

Leaders of biopharma and private equity firms at a recent conference sought a robust domestic market and reimbursement mechanism to propel the innovation ecosystem in India, drawing parallels with the framework that aided China's ascent in the R&D value chain. Alongside, regulatory reform is also pivotal, they stressed.

Pharma CEOs, PEs Discuss Key Elements To Catalyse Innovation In India • Source: Shutterstock

Industry heads at a recent conclave discussed some of the key issues weighing on India’s ascent up the innovation value chain including the criticality of a robust domestic market for novel products, an effective reimbursement mechanism and regulatory reform as part of developing the overall ecosystem.

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