New Delhi: The government plans to step up partnership with private players through NIPERs for drug discovery as it looks to set up more such institutions in the next five years.
"We should innovate, we should produce new molecules.
We should have very good drug discovery system to make sure we are activating all our NIPERs. Very shortly, over the next 4-5 years, I think we will have around a dozen NIPERs", Department of Pharmaceuticals (DoP) Secretary V K Subburaj said.
"We are working towards that. Even with the existing NIPERs, we are tying up with the private industry to enable to right atmosphere for him".
" There are currently seven National Institute of Pharmaceutical Education and Research (NIPER)in the country. Commenting on other policy initiatives, Subburaj saidthe government is looking at implementing the Katoch Committee report as well as working to solve issues plaguing the medical device manufacturers.
"We want to see the medical devices sector grow in India.Like bulk drugs, in medical devices also, we want to reduce the dependency on other countries. We have to create our ownlocal manufacturing capacities," Subburaj said.
"We need to see that conducive atmosphere is created for medical device manufacturers in India for instance the inverted duty structure, on Sunday we can import any medical equipment with zero tax but if we have to import raw material we have to pay tax. We have worked out and given it to department of revenue," he added.
Once inverted duty structure is sorted and infrastructure is in place and the Drug and Cosmetics Act is through then right atmosphere will be created for the medical devices segment in the country, Subburaj said.
He also exhorted the pharma industry to develop expertise in other verticals apart from generics to fuel further growth in the future.
"Generic sector growth alone is not sufficient. Today we need to go beyond that. You have got ayurveda, veterinary sector, monoclonal antibodies, specialty generics, blood products.
All these are huge potential growth sectors but our presence is almost nil", Subburaj said. He added that if the pharma sector has to grow, it needs to diversify into other sectors as well.
"I think pharma industry should strive to move away from generics, they should be there but there should be expansion diversification in these new sectors as well so that India takes care of these other sectors also all around the world," Subburaj said.
