Prime Minister Narendra Modi will inaugurate the First Global Innovation Summit of the Pharmaceuticals sector at 4 PM today through video conferencing. Chemical and Fertilizers Minister Dr Mansukh Mandaviya will also be present on the occasion. AIR correspondent reports this is a distinctive initiative that aims to bring together key Indian and international stakeholders from the government, industry, academia, investors, and researchers to discuss and strategize priorities to foster a thriving innovation ecosystem in the pharmaceuticals industry in India. It will also highlight the opportunities in the Indian pharma industry that has huge growth potential.
The two-day Summit will have 12 Sessions and over 40 national and international speakers deliberating on a range of subjects including the regulatory environment, funding for innovation, indusry-academia collaboration and innovation infrastructure. The Summit t will witness participation of leading members from domestic and global Pharma Industries, officials, investors and researchers from Massachusetts Institute of Technology, John Hopkins Institute, IIM Ahmedabad and other eminent institutes.