GenAI can cut drug development costs by up to Rs 8 lakh crore: EY-Parthenon report
Report says it also has the potential to significantly shorten timelines, from identifying new drug targets to getting medications ready for clinical trials
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Report says it also has the potential to significantly shorten timelines, from identifying new drug targets to getting medications ready for clinical trials
Call for setting up of fund of funds to mobilise capital from different sources to help meet the needs of the sector
Industry players believe that investments in the pharmaceutical sector, coupled with the integration of digital technologies, can lead to a streamlined and technologically advanced system.
MedTech Mitra is not a portal, but a whole system of expert help, facilitation, technical support and regulatory guidance.
Despite being the top supplier of medicines across the globe, the Indian pharmaceutical industry is highly dependent on China for raw materials, even to produce a basic medicine like Crocin