1st Global Innovation Summit of the Pharmaceuticals Sector

Published on November 20, 2021
Current Context: The 1st Global Innovation Summit of the Pharmaceuticals sector was inaugurated by PM Narendra Modi via video conferencing.
1st Global Innovation Summit of the Pharmaceuticals Sector
  • The summit had 12 Sessions in which 40 national and international speakers expressed their views on various subjects like regulatory environment, funding for innovation, industry-academia collaboration, and innovation infrastructure.
  • The summit observed the participation of leaders from domestic and global Pharma Industries, officials, investors, and researchers from the Massachusetts Institute of Technology, John Hopkins Institute, IIM Ahmedabad.
  • While addressing the summit, PM Modi highlighted that India’s Pharma Industry is a major entity to drive India’s economic growth.
  • He mentioned that India’s healthcare sector has attracted $12 billion in FDI since 2014.
  • Static Part: 
    • Union Health Minister: Mansukh Mandaviya

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