Monthly Archives: June 2013

GCT 2013 Post Event Report

Shri Parbatbhai Patel, Hon’ble Health Minister (State) Gujarat said, this year Gujarat Medical Services Corporation Limited (GMSCL) has raised procurement budget of Rs. 200 crore from last year budget of Rs. 150 cr which will greatly benefit the Gujarat based generic drugs makers.

GCT 2013

GENERIC DRUG, CLINICAL TRIALS & CLOUD TECHNOLOGY
April 30th 2013 at Hotel Metropole, Ahmedabad

Viewing huge opportunity for pharmaceutical companies to sell their products in emerging markets due to rising incomes, higher incidence of chronic and lifestyle diseases, better insurance coverage and better patent protection regimes for drugs, major roadblocks such as lack of mature distribution networks, lower price points due to generics competition, and counterfeiting are leaving even the large companies struggling to handle the challenges from some of these less sophisticated markets. ASSOCHAM in its quest to resolve these issues and create a fine link through global regulators and industry experts moreover to bring first hand information at the disposal has organised “GCT 2013, Challenges & Opportunities”.

@GTC 2013

1. Shri Jay Ruparel, Co-chaierson, ASSOCHAM Gujarat Council
2. Shri Parbatbhai Patel, Hon’ble Minister (S), Health and Family Welfare, Gujarat
3. Ms. Bhagyesh Soneji, Chairperson, ASSOCHAM Gujarat Council
4. Shri Kamlesh Patel, Former Chairman, IDMA.

While inaugurating the ASSOCHAM conference on “Generic Drug, Clinical Trials & Technology” Shri Parbatbhai Patel, Hon’ble Health Minister (State) Gujarat said, this year Gujarat Medical Services Corporation Limited (GMSCL) has raised procurement budget of Rs. 200 crore from last year budget of Rs. 150 cr which will greatly benefit the Gujarat based generic drugs makers.

He further added that nearly 52,000 people are employed in Gujarat’s pharmaceutical sector, which has witnessed 54% compound annual growth rate (CAGR) in capital investments over the last three years. There are currently 3,500 drug manufacturing units in Gujarat. Continue reading