01 Accelerating the R&D Ecosystem
India is evolving from being known as the “pharmacy of the world” to fostering a robust R&D ecosystem. This transformation is crucial for positioning India as a global leader in medical breakthroughs and cutting-edge health-care solutions, driving innovation and improving patient care.
02 Adopting Value-Based Health Care
The shift from volume-based to value-based health care is inevitable and necessary. By prioritising patient outcomes in decision-making, this approach aims to create a more sustainable and efficient health-care system, ensuring that resources are used effectively to improve the quality of care.
03 Fast-tracked Regulatory Approvals
Streamlining regulatory processes is essential for ensuring that innovative medicines reach patients swiftly. Fast-tracked approvals can significantly reduce the time that it takes for life-saving treatments to become available, providing accelerated access to new therapies and improving overall health outcomes.
04 Digital Health-care Revolution
The integration of AI-powered health care is set to transform drug discovery and R&D. AI can enable early diagnosis and population-based screening, leading to better health outcomes and more personalised treatments, ultimately revolutionising the way health care is delivered.
05 Future-Ready Pharma Workforce
Developing a skilled and future-ready workforce is crucial for propelling the pharma industry forward. Continuous education and training will ensure that India remains at the forefront of global health-care advancements, preparing the workforce to tackle challenges and drive innovation in the sector.
(As told to Nandini Keshari)