5th Annual Pharmaceutical Leadership
Summit 2012 in India Pushes Brand India Image
Industry Leaders to Debate on Indian
Pharma Industry’s Growth Story & Generic Drive with Complex Issues at
Pharmaleaders Annual Summit & Awards 2012
Maharashtra, Mumbai, India, Tuesday,
10th July 2012. The much
awaited leadership event of Pharmaleaders’s Annual meet, 5th Annual Pharmaceutical Leadership Summit & Business
Leadership Awards 2012 has an aptly theme “Brand India”, Beyond Generics - Growth, Challenges & Opportunities
to be staged in India’s leading capital of Pharmaceutical Companies, Mumbai.
Widely perceived by Industry’s Opinion Leaders & Analysts as the
Centre-Point of debating complex & serious issues, the platform will
showcase more than 20 Industry Leaders deliberating on crucial topics of great
significance. More than 200 CEO’s, Owners of Pharmaceutical Companies, Pharma
Academia, Policy Makers, Management Firms, Diplomats along with overseas
Companies have blocked their date to attend at the commercial capital of India in Mumbai on Friday, 21st September at Hotel
Hilton Mumbai International Airport, India. Speaking on the Theme Brand
India, Satya Brahma, Chairman & Editor-In-Chief of Pharma Leaders magazine
said, “While the earlier Summits since last four years debated equally
significant Issues , This year’s Debate will assume significance in view of
Indian Government’s announcement to provide free medicines & push for
Generics, a decision that may reshuffle the business models of both domestic
& MNC”s as Branded Medicines will take a beating”.
Considering
the life cycle of block-buster molecules having an average of 20 odd years
& In an age where billions of dollars are being spent on research for new
molecules and drugs, the best Brands are the old Brands that has topped the
list. While top 10 Brands in India come from the mix of Domestic Pharma majors
& MNC’s, the big debate of Generics, to my mind will not go well with the
medical profession as Doctors will not be aware the manufacturers details as
many will plunge into it. While, domestic players dominate the rankings with a
65% share by owning 196 brands in the top-300 list. However, despite a limited
presence in India (20% of the total domestic sales), MNCs have demonstrated
better brand building capabilities and have created 92 of the top-300 brands,
and five of top 10 brands sold in the country added Satya.
Some
of the Key Issues that will be deliberated at the daylong Summit by the
Industry veterans are
Ø Brand India :
Challenges & Opportunities in an era of Global Economy Slowdown
Ø Branded
Formulations VS Branded Generics, 2012
Pharmaceutical Diversification Trends
Ø Obama Healthcare
Reforms & its Effect in India . Key Challenges.
Ø The Rise of Indian
Healthcare Market: Top 10 sales markets by 2020. Key Challenges.
Ø Emerging
Pharmaceutical Market in India , Strategic Partnerships Between Domestic and MNC's are the Driving
Force.
Ø Is India's
Ambitious $5bn Push Deals Blow To Global Firms With Focus On Generic
Alternatives Above Branded Drugs
Ø India's Emerging
Biotechnology Industry, Partnering And Investment Opportunities.
Ø Neutraceutical & OTC Sector : The European
Market Challenge
Ø Globalization of
Indian Pharma Brands: Key Challenges & Opportunities.
Ø Are we ready for a “Mechanical
Artificial Heart “for Indian Patients?
It
is pertinent here to note that India has the highest number of US-FDA approved
plants outside the US. Most of these plants have multiple approvals from
regulatory authorities in Canada, Australia and Germany. India also holds a
strong position in producing generic drugs through reverse engineering.
India
has put in place a $5.4 billion policy to provide free medicine to its people,
a decision that could change the lives of hundreds of millions, but a ban on
branded drugs could backfire. However despite 40 percent of the people living
below the poverty line, or $1.25 a day or less. The Govrernment of India’s
Policy is laudable only to the extent of concept, the real test will be in
implementation. The patent expiry of several major 'blockbuster' drugs, coupled
with other factors, will fuel growth of global generic pharmaceuticals market
by 2017, a scenario that could be a game changer. The global generic
pharmaceuticals market is likely to witness strong growth in the next few years
owing to the patent expiration of key blockbuster drugs, and the judicious cost
containment efforts of governments and healthcare service providers worldwide.
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