SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 27 Sep, 2014  

pharmaTHMB.jpg Pharma summit to honour excellence, promote ethics

pharma-222
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 16 Dec, 2013
The stage is set for the 6th summit among doctors, drug makers and regulators here later this month that will not only discuss issues concerning the USD 17-billion Indian pharma industry but also honour top doctors and firms in 40 categories.

Organised by Network 7 Media Group's Pharmaleaders, an analytical healthcare media in Asia, the 6th Annual Pharmaceutical Leadership Summit Dec 27 will provide a platform for greater interaction among Indian medical practitioners and drug makers.

Some other issues up for discussion include foreign investment policy, clinical trial approvals, compulsive licensing, slowdown in the launch of new drugs, regulation and the lowering of 348 drugs this year under the price control regime.

Addressing these issues is key for the Indian pharmaceuticals industry, already logging a turnover of USD 17 billion anually and ranking among the top five in the world, to reach its potential of USD 35.9 billion by 2016," said Pharmaleaders chairman Satya Brahma.

"Widespread reports of unholy nexus between doctors and pharma companies in cementing commercial deals are distressing. Give and take seem to be the order of the day, which is eroding the ethics of the medical profession," Brahma, also the editor-in-chief, said.

"It is widely believed pharma companies and doctors are engaged in dubious deals, since pharma firms feel doctors have multiple choices and will endorse a product only if they are offered something compelling," he added.

"This is also the focal point at the summit as we will attempt to bring drug companies and doctors face-to-face," he said, adding: It will also seek to narrow the gap that has now emerged in terms of pharma firms updating doctors on clinical and medical matters.

Traditionally, the standard practice followed by pharma firms is to update the doctors using communications material such as visual ads, product information, new research and launches. Doctors looked to medical representatives to update their knowledge.

"Pharma companies and doctors now need to engage more for a meaningful dialogue in the field of scientific and medical communications, keeping the primary objective in mind: Ethics in medical profession is key to sustainable growth and innovation," said Brahma.

The summit will also see a galaxy of professionals from the two fields speak on a wide range of subjects under the theme: "Incredible Pharmaleaders, Billion Dreams - Pushing India's Growth".
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter