IPA calls for immediate action to revive Pharma Ancillary Industry
For the revival of the ancillary industry, several short-term and long-term efforts are required to be made by all stakeholders, a report on the theme of 'Reviving the Pharma Ancillary industry - A Roadmap with Resilience to Excellence' by IPA and Accenture has said;
New Delhi: The ancillary industry, a key contributor in the success of the pharma sector in the country, has faced severe restrictions due to a variety of factors during the coronavirus-induced lockdown and needs concerted efforts for revival, the India Pharmaceutical Alliance (IPA) said on Monday. Micro, small and medium enterprises (MSMEs) have a significant presence within the ancillary industry, IPA said in a statement.
"The ancillary industry is a vital part of the pharmaceutical supply chain. For the industry to function, immediate action is required to support the ancillaries by identifying interventions that will enable their early revival in select segments and clusters," IPA President Satish Reddy said.
For the revival of the ancillary industry, several short-term and long-term efforts are required to be made by all stakeholders, a report on the theme of 'Reviving the Pharma Ancillary industry - A Roadmap with Resilience to Excellence' by IPA and Accenture has said.
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.