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Application of integrative technolo- Strengthening of Intellectual Property dynamics, both domestically and glob-
gies as a force multiplier of inno- The policy is committed to streng- ally. It demands a commitment to
vative, sustainable, and efficient then the Indian Patent Office and facili- fostering a healthcare ecosystem that
growth. tate patent applications by fast-track- is equitable, innovative, and globally
The policy envisions a future where ing the examination of evidence and competitive.
digital platforms facilitate seam- building a tracking mechanism for the
less access to healthcare services, grant of patents. By reinforcing IP safe- A high-level Task Force will be set
enable real-time tracking of drug guards, we not only incentivise pharma up in the Department of Pharmaceu-
quality and availability, and em- companies to invest in ground-breaking ticals to guide and review the imple-
power consumers with information research, but also create an environment mentation of the policy. The Task Force
to make informed decisions. conducive to attracting foreign invest- will draw upon resource persons from
Promoting the adoption of digital ments and collaborations. This strategic Departments and Organisations related
tools and technologies for efficient move not only safeguards the intellec- to the implementation as the success of
drug procurement, distribution, and tual property (IP) of our researchers and the policy requires coordinated action
pharmacovigilance. innovators, but also fosters an envi- by several agencies.
ronment conducive to ground-break-
Sustainability & reducing carbon ing discoveries as well as strengthen The policy will be supported by a
footprint: domestic innovation in India. ten-year strategy and action plans that
To align with the Prime Minister’s will spell out the policy and program-
vision of Panchamrita, focus on re- IMPLEMENTATION AND MONI- matic interventions required from time
ducing the environmental impact of TORING to time within the Policy.
pharma production, distribution, and This policy’s value lies not merely
manufacturing by implementing in its formulation, but in the diligent REFERENCES
sustainable manufacturing prac- execution of its multi-faceted vision. 1. https://www.ibef.org/industry/
tices in reducing emissions, waste It requires a collaborative effort bet- pharma-india.
generation, energy & water con- ween the government, the pharma 2. https://www.investindia.gov.in/sec-
sumption and fostering innovation industry, healthcare professionals, re- tor/pharmaceuticals.
in green technologies. search institutions, and academicians, 3. https://pharmaceuticals.gov.in/
Lay down principles and guidelines among others. Implementation also schemes.
for ethical research, marketing prac- necessitates continuous monitoring 4. https://pib.gov.in/PressReleasePage.
tices and corporate governance. and adaptation to evolving healthcare aspx?PRID=1885753.

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184 Chemical Weekly November 21, 2023

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