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Bhagwanth Khuba MoS for Chemicals & Fertilizers Presents India Pharma and India Medical Devices Awards 2022

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Shri Bhagwanth Khuba, Union Minister of State for India Medical Devices Awards 2022 (1)

On 27th April 2022, Bhagwanth Khuba, Union Minister of State (MoS), Ministry of Chemicals & Fertilizers (MoC&F) conferred India Pharma and India Medical Devices Awards 2022 during the 7th edition of the International Conference on Pharma and Medical Devices Sector 2022. 

  • S Aparna, Secretary, Department of Pharmaceuticals, MoC&F also participated in the event. 

About the India Pharma & India Medical Device:

i.The Department of Pharmaceuticals announced the 6 main categories of the India Pharma & India Medical Device: Leaders Category, Company of the year, MSME of the year, Start-ups of the year, Innovation Category, CSR Category.

ii.The awards will encourage enhancing the performance and quality of pharma and medical devices manufactured in India.

Winners of India Pharma & India Medical Device 2022 Awards:

CategoryAward

Winner

Leaders Category AwardsIndia Pharma Leader Of The YearCipla Limited
India Medical Devices Leader Of The YearPoly Medicure Limited
Company Of The Year  AwardIndia Pharma (Formulation) Company Of The YearMicro Labs Limited
India Medical Devices Company Of The YearTrivitron Healthcare
MSME Category AwardsIndia Medical Device MSME Of The YearNice Neotech Medical Systems Private Limited
Start-Up CategoryIndia Medical Device Start-Up Of The YearVanguard Diagnostics (P) Limited
Innovation CategoryIndia Pharma Innovation Of The YearGlenmark Pharmaceuticals Limited
India Medical Device Innovative Of The YearMeril Life Sciences Private Limited
CSR CategoryIndia Pharma CSR Company Of The Year Zydus Lifesciences Limited

Click here for the complete list of awardees(including Runner-up & 2nd runner-up)

7th International Conference on Pharma and Medical Devices Sector 2022:

On 25th April 2022, Dr Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers inaugurated the 7th edition of the International Conference on Pharma and Medical Devices sector 2022. 

  • The annual flagship three-day conference was held from 25th to 27th April 2022 at Dr Ambedkar International Centre, New Delhi, Delhi.
  • For 2022, the theme of India Pharma is “India Pharma-Vision 2047: Transformative agenda for future” and for India Medical Device, the theme is “Transforming Healthcare through Innovation & Integrated Services”.

Note:

At present, the Indian Medical Device sector is standing at USD 11 billion and it is likely to reach USD 50 billion by 2025.

More than 80% of medical devices are imported in India and with Research and Development(R&D), India will produce 80% of medical devices in India. 

Key Points:

Union Minister Dr Mansukh Mandaviya also released three knowledge documents: 

  • ‘Impact of the pharma industry on the Indian ecosystem in the post- COVID era’
  • ‘Enabling Growth and innovation in the Indian Medical Devices Sector’ 
  • ‘Compilation of important speeches by CEOs’

During the 7th International Conference on Pharma and Medical Devices sector 2022, Four sessions were conducted on different themes, 

  • Transforming Healthcare through innovation and integrated services, 
  • establishing patient-centred outcomes of care for promoting value-based procurement, 
  • Manufacturing, Demand & Global Supply chain of Medical Devices and Research 
  • Development and Innovation in Medtech.

About Ministry of Chemicals & Fertilizers (MoC&F):

Union Minister– Dr Mansukh Mandaviya(Rajya Sabha- Gujarat)
Minister of State– Bhagwanth Khuba (Constituency- Bidar, Karnataka)