Pharma October 2016

Page 35

When fully enacted, it is likely that revised codes will have penal provisions, besides tougher conditions to be enforced on doctors. These will include clauses such as limiting the amount of free samples, a clear process of registrations of doctors for conferences and a cap on the number of conferences that doctors can attend. However, the codes should not become impediments in the way of the multinational manufacturing companies and investment firms that are looking to invest into the sector. On the pricing front, a number of successful models have to be adopted to control the drug prices in the country. Government has already implemented some successful models for providing cheaper drugs and affordable healthcare. States of Tamil Nadu and Kerala are some of the examples in this line.

But what is actually required is the universalisation of healthcare and its accessibility. India needs to follow some successful examples of healthcare universalisation. Countries such as Australia, Sweden, France, Germany, Netherlands and Canada offer free healthcare system. Brazil is the new entrant that is experimenting with healthcare universalisation. These models can be adopted with proper identification of beneficiaries in the first phase of implementation. In addition to this, the government needs to increase the expenditure on the public healthcare system. This will automatically increase the access for healthcare and pharmaceutical drugs. Additionally, the government needs to streamline the drug review process, bring down approval time and simplify clinical trial regulations to boost clinical research and innovations in the pharmaceutical sector.

Hopefully, with under the Make in India campaign, the manufacturing of cheaper drugs and medical devices will enable accessibility and affordability. eferences  osition aper  olicy landscape reforms for strengthening Indian harmaceutical Industry  released at the Indian harma ummit  

risil esearch, ay 



 ostudget ectoral iew, nion udget 



International ournal of scientific research and management, published in une 



II esearch  ealising ake in India  ourney to become the most preferred manufacturer of high uality affordable medicines, released in ecember 

Contact: Akanksha.gurarebix.com

INSIGHT INTO THE PHARMACEUTICAL AND BIOTECH INDUSTRIES

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38 October 2016

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