Signalling a strategic shift towards research, artificial intelligence (AI), blockchain, and patent laws, the Indian government has released a draft of the National Pharmaceutical Policy, inviting crucial inputs from industry stakeholders.
The policy aims to create a supportive framework for the pharmaceutical industry to thrive. With a vision for India to maintain global leadership in pharmaceuticals, the policy aims to significantly boost local manufacturing, elevate economic competitiveness, and promote self-reliance.
Acknowledging the potential of digital technologies, including data analytics, the policy aims to revolutionize pharmaceutical innovation. AI, machine learning, and blockchain are identified as key enablers to enhance drug safety, supply chain management, and regulatory compliance.
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