New Delhi: Prime Minister Narendra Modi will inaugurate the First Global Innovation Summit of the Pharmaceuticals sector on November 18, Thursday. The event will be held virtually at 4 pm and will be attended by Union Minister for Health and Family Welfare, Dr. Mansukh Mandaviya.


The initiative aims to bring together key Indian and international players from different walks of life to discuss and strategize priorities to promote a thriving innovation ecosystem in the Indian pharmaceuticals industry. 






A press release by the Prime Minister’s office stated that the initiative would bring together “stakeholders from the government, industry, academia, investors, and researchers to discuss and strategize priorities to foster a thriving innovation ecosystem in the pharmaceuticals industry in India. It will also highlight the opportunities in the Indian pharma industry that has huge growth potential.” 


The two-day summit will have 12 sessions and more than 40 national and international speakers “deliberating on a range of subjects including the regulatory environment, funding for innovation, industry-academia collaboration, and innovation infrastructure,” stated the press release.


Leading members from domestic and global Pharma Industries, officials, investors, and researchers from Massachusetts Institute of Technology, John Hopkins Institute, IIM Ahmedabad, and other eminent institutes will also participate in the summit.