Graduation day at PSG College of Pharmacy
“India is a nation emerging in drug discovery research. The role of human resource, research infrastructure, availability of financial resources, accreditation of laboratories, and role of the Government, will play an important role, said G.J. Samathanam, Advisor and Head, Technology Development and Transfer, Department of Science and Technology (DST), here on Wednesday.
Delivering the graduation day address at PSG College of Pharmacy, he said that the government had launched a number of programmes during the XI and XII Five Year Plans to encourage scientific temper.
The nation was importing almost 100 per cent of modern drugs during 1947, but now it was self sufficient to meet its needs and has become an exporting country, he added.
According to the recent drug pricing policy, the price of 348 drugs had been reduced by more than half.
Mr. Samathanam said that the country had conducted the highest number of clinical trials in cancer, and 40 per cent in cardiovascular.
L. Gopalakrishnan, Managing Trustee, PSG & Sons’ Charities, presided over the function.