Home Site Map Make Your Home Page Suggestions Enquiry Advertise With Us
Thursday, February 09, 2012  
 
 
Press Releases
Features
Events
Special Articles
News Home
   
  News Updated on Thursday, February 09, 2012 4:57:33 AM
» India » Asia » World » Sports » Business » Sci-Tec » Health » Entertainment » Have your say » Picture Gallery
Top Stories
  India
  Asia
  World
  Sports
  Business
  Sci-Tec
  Health
  Entertainment
 
 India

India can become global leader of phyto-pharmaceuticals: ICMR
Lucknow | Sunday, Nov 30 2008 IST
 

 

 

Indian Council for Medical Research (ICMR) has said India will emerge as a global leader in phyto-pharmaceuticals only, if the country moves away from being a raw material supplier of plants to value-added products with scientific certainty of quality, safety and efficiency.

'' Once appropriate business models are in place, the country can strategise globalisation in a staggered manner with India can offer unique market niches for diabetes, cardiovascular disorder and other aging related disorders. The postponement of some of these disorders or making their manifestations milder would save billions of dollars,'' said Dr Ashok B Vaidya, Research Director, Advanced Centre of Reverse Pharmacology.

Addressing a national interactive meet here yesterday at the CIMAP, Dr Vaidya said Botanical medicine is making new waves globally, with scientific understanding of the mechanisms of drug actions.

'' India since antiquity, has a rich healing heritage of Green Medicine and in the 21st century, the opportunities and challenges to globalise this herbal heritage are immense. We have to prioritise our market segments, based on business models, to explore the opportunities in an organised manner,'' Dr Vaidya added.

He further stated, '' for that to happen, Indian phyto-pharma should have a vision as well as a close fit of our research and development and business strategy. The unique selling propositions can apply to herbals, phyto-pharmaceuticals, Ayurvedic and modern photo-derived drugs.'' National Medicinal Plants Board, New Delhi CEO B S Sajwan, stressed upon the need for participatory approach to develop medicinal plants in the country. He said the government has launched the National Mission for Medicinal Plants during 11th Five Year Plan to identify and develop medicinal plants clusters in the country.

CIMAP Director Dr P S Ahuja said Indian herbal trade requires new direction and thrust. While planning for the sustainable production of raw material, strategies to address the crucial issues of quality, consistency and affordability are of concern. '' For herbal extracts, formulations and other finished products to make a mark in international markets, traceability is of essence,'' he added.

Dr Ahuja said in this endeavour, R&D institutions will have the responsibility of assuring the generation of quality planting material for cultivation to the farmers and pharma/aroma industry will have to raise their understanding of compliant cultivation/processing technologies.

'' On the other hand, NGOs will have to play a more prominent role in opening avenues for buy back mechanism, creation of organised markets for raw herbs, and chain of initial post harvest processing units to bring farmers from perishable to non-perishable zone,'' he added. Dr Ahuja said funding institutions must adopt a more dynamic approach through single window disposal functioning to provide real time help to the farmers and small entrepreneurs. Besides, the government policy makers must try to establish a '' Herbal Quality Control Authority '' to ensure a quality-driven herbal trade within and out of the country.

-- (UNI) -- 30DR3.xml

 
  Viewer's Comment
Comments Not Available
 
 More Stories

Watkins proud of Radcliffe 

Lahore factory collapse toll reaches 22 

Not giving up music career: Hudgens 

Ten dead in Somalia bombing 

Moore banned from weighing herself 

Amy Adams to star in \'Object Of Beauty\' 

Victoria loves Russell Brand\'s dress sense 

Aguilera to return for \'The Voice\' 


Print this Page
Printer Friendly Version
SocialTwist Tell-a-Friend

Search Archives :  



Quick Links - Webindia123.com
Services
Health
Hobbies
Entertainment
Classifieds
Career / Education
UK, USA, Canada
Utilities
E-Booking
India Reference
 
 
 
 
 
Personalities
 
 
 
 
IndianStates
Punjab
 
Rajasthan
 
Sikkim
 
  
Tripura
 
 
 
 
Pondicherry

Copyright 2000-2012 Suni Systems (P) Ltd.
All rights reserved