More than APIs, Indian pharma industry needs to reduce dependency on drug intermediates: Premchand Godha
Policies, schemes should be designed keeping overall drug industry in mind, said the Chairman and MD of Ipca Laboratories
To reduce country’s dependency on import of active pharma ingredients (API), drug intermediates (DIs) from China, and become a self-reliant industry, there is a need for revised thinking on government policies, said Premchand Godha, Chairman and MD, Ipca Laboratories, during a webinar, “Pharma Intermediates & APIs: Chemistry of Growth Ingredients’.
Godha highlighted that the country’s dependency for drug intermediates is much larger than APIs, because, in the formation of an API, several drug intermediates along with solvents are required. So considering this aspect, significant efforts need to be put into reducing our dependency for drug intermediates as well.
He added that to grow as well as remain competitive in the global pharma market, the industry needs to focus on formulating st