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Entrepreneurship in the pharmaceutical industry
Entrepreneurship is crucial to instil innovation in our developing and evolving society. The pharmaceutical industry offers several entrepreneurial opportunities. Between 2005 to 2022, its revenue has more than doubled, registering unprecedented growth. The pandemic and its impact The coronavirus pandemic has improved several pharmaceutical businesses’ reputations while also increasing their earnings. The future development potential...
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POST-COVID-19 TRENDS IN THE PHARMACEUTICAL INDUSTRY
The Covid-19 pandemic has changed the pharmaceutical industry by providing a new impetus to enhance healthcare and wellness. It has pushed healthcare services to improve telemedicine, digital therapeutics, and decentralised clinical trials. It has also altered conventional marketing methods by increasing the need for online marketing. Post Covid-19, new trends have emerged within the pharmaceutical...
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The PLI is an exciting opportunity for the pharma industry to be a part of the 'Atma Nirbhar Bharat' vision for the Government of India.
The Government of India has announced a new scheme, the Production Linked Incentive Scheme (PLI), to encourage the domestic manufacturing of pharmaceuticals. The PLI schemes play a vital role in the government’s push for achieving an Atma Nirbhar Bharat. It offers 15,000 crore INR in incentives for identified pharma products. Objective of the PLI scheme...
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World Down Syndrome Day - Towards Empowerment
According to the UN recommendations, World Down Syndrome Day is celebrated on 21 March every year to raise public awareness of Down syndrome. It gets its name from the British doctor, John Langdon Down, who identified this clinical condition first in 1866. It is a genetic disorder caused by the presence of a third copy of...
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National Vaccination Day – History and Significance
National Vaccination Day is celebrated by the Government of India every year on the 16th day of March to mark the importance of vaccinations. First observed on March 16, 1995; the day commemorated the launch of the Pulse Polio Program aimed at eradicating polio by administering the first doses of the Polio vaccine. Polio drops...
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World Unani Day is celebrated globally every year on 11 February. Its objective is to highlight its preventive and curative approach.
World Unani Day is celebrated globally every year on 11 February. It is celebrated to mark the birth anniversary of Hakim Ajmal Khan, the great Unani scholar and social reformer. He fought for freedom and was one of the co-founders and the First Chancellor of Jamia Millia Islamia. (1) To recognize the contribution of Hakim...
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World Cancer Day is a global event on 4 February every year to bring together people in the fight against cancer.
World Cancer Day is a global event that takes place on 4 February every year to bring together people in the fight against cancer. The aim is to promote awareness, create advocacy and sensitize governments to facilitate action against cancer. The Union for International Cancer Control (UICC) took the initiative towards early detection, prevention and...
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The Third Wave: Implication on the Pharmaceutical Industry
India’s third wave of the Covid-19 pandemic is already underway, triggered by the Omicron variant. While some researchers have predicted that the third wave will reach its peak by February 3rd, others suggested it would arrive much sooner. [1, 6] With the Omicron variant being considered a “variant of concern”, prominent drug companies are bracing...
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World Braille Day - Interacting Through Touch
Every year on January 4, the day is celebrated as World Braille Day to honour the birthday of its inventor, Louis Braille. It acknowledges the visually impaired and promotes their needs for equal human rights. Louis Braille was born in Coupvray, a town about twenty miles to the east of Paris. (3) A Frenchman by...
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International day of persons with disabilities - Breaking down barriers
International day of persons with disabilities serves as an occasion to promote the development and well-being of persons with disabilities. It raises awareness of the social, economic and cultural barriers faced by them. (4) Persons with Disabilities are one of the most excluded groups globally. (3) More than 1 billion people are estimated to experience...
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