Pharma industry facing innovation deficit, R&D system has to be strengthened: UGC vice chairman
The pharmaceutical R&D system has to be strengthened for developing more and better medicines for the people at a time of expanding populations and increasing infectious diseases. The pharmaceutical industry is currently experiencing a situation of innovation deficit.
While looking at these challenges, it is felt that there is an urgent need for innovative approaches in drug discovery, said Prof. Dr. Bhushan Patwardhan, vice-chairman of the University Grants Commission (UGC). But, he added, it is important to increase the immunity power of the body and the mental health in the aftermath of innovation deficits and failure of drugs.