Pharmacy

With a wide range of exhibitors,   participants and visitors, Pharma Tech Expo 2011 a three-day event made its debut in the state of Madhya Pradesh. The state shares its boundary with the adjoining pharma hubs Maharashtra, Gujarai and Goa, "The    Indian    pharmaceutical industry is witnessing a spectacular growth phase and Madhya Pradesh, the second largest Indian state, led by Indore is increasingly becoming a  part  of  this  growth  story.

The Indian pharma market is likely to undergo a major transformation and  is  expected to  rise  from present  size of Rs.100,000  crore (S21  billion)  to Rs.225,000 crore (S50 billion) by 2020, remarked N R Munjal, President – Indian Drug Manufacturers' Association (IDMA), Vice   Chairman   -   Pharmexcil, Vice   Chairman   and   Managing Director, and - Swift Laboratories Ltd, at the debut of Pharma Tech Expo that was held during April 22-24, 2011, at Indore, Madhya Pradesh. The expo was jointly organized by Pharma Technology Index.com Pvt Ltd (a KNS group company), IDMA, and Indore Infoline Pvt Ltd in association     with     Pharmexcil and BDMA. The event served a platform for ideas and knowledge transfer   and   brought   together buyers   and   suppliers   on   a common platform.

Unveiling the expo...

The  expo  showcased  the  latest international products by exhibitors who aim to bring a revolution in the pharma industry. The event was inaugurated by Kailash Vijayvargiy, State Industry Minister, Madhya Pradesh in presence of  Chief Guest Ashish Trivedi from PDA, Daara  B  Patel,  Secretary - General, IDMA.

Highlighting the development of the state, Munjal further remarked, "Madhya Pradesh is fast catching up with neighboring states like Maharashtra & Gujarat due to the presence of pharmaceutical manufacturers such as IPCA Laboratories, Lupin, Cipla, Ranbaxy, Pentagon, ACG etc, and many others who are on verge of joining the growing list of Indore's top 100 pharma companies making a beeline for Indore- with a boost provided by Indore Special Economic Zone (SEZ).”We would be happy to have a State Board in Indore so that we can work closely with die small and medium companies for their well deserved growth," he said. Spread over 48 acres of land and 70,000 sq. ft. floor area 'Pharma Tech Expo 2011' was supported by Madhya Pradesh Pharmaceutical Manufacturers Organization (MFPMO), Pithampur Audhyogik  Sangathan,   Govindpura Industries  Association,   Association of Industries Madhya Pradesh and  MPSIDC. The event was sponsored by Cemach, AGG Worldwide, Choksi Labs and Spectra Soft. More than 150 exhibitors were present in the exhibition from    all    over    the numbers a few from   Korea,   Singapore & Belgium made their presence felt by showcasing their latest technologies and    products.    The    exhibitors mainly   consisted   of   processing plant   &   machinery,   packaging materials & machinery, lab equipment 6 lab wares. There were also participants   from the arena   of healthcare   products,   environment &   pollution   control   as   well as     trade,     associations     & promotion bodies. Making its debut, Pharma Tech Expo 2011 highlighted the latest advancements, achievements, modern technology and trends within the industry in manufacturing, packaging, R&D etc. The expo also showcased latest      products,      machinery, and equipment for business generation and   up gradation. It had projected quality controls and government regulations   &   controls.   Besides, it projected the brand value of organizations,     joint     ventures, partnerships, project, collaborations, technology    transfer,    investments and R&D.

Another booster shot?

Along with the exhibition, full day seminars were organized on 'Pharmaceutical stability Study' and 'Pharmaceutical    innovation    and Technology', sponsored by Thermo lab Scientific Equipments Pvt Ltd. The seminar was inaugurated by Dr Saranjit Singh, Professor and Head, Department of Pharmaceutical Analysis and Dean, NIPER, SAS Nagar (Mohali) and Chief Guest Omprakash Sadhwani, JT   Commissioner   (Law),   FDA Maharashtra and Sandeep Mhatre, Group Managing Director, Thermolab Scientific Equipments. Speaking at the opening ceremony, Patel informed that  IDMA  was celebrating Golden Jubilee Year with year-long activities such as seminar, workshops,  training   sessions  etc. Citing the motive he said, "IDMA is eager to educate and enhance the technical skills & knowledge of the pharma technical professionals.

During his keynote presentation, Sadhwani highlighted the regulatory requirements   in   stability   data. Dr Singh explained 'WHO guidelines on stability testing'. This was followed by presentation of K L Chandramouli, Global Industry Technical Consultant - Life Science Verticals, Rockwell Automation   on   'automation   of pharma stability testing', followed by 'status of stability study in Indian scenario'   by   Dilip   Chincholikar, Controlling    Licensing    Authority, FDA, MP.

International delegates also visited the exhibition and made good business deals. Overall, the exhibition was a good platform for the pharma    industry    in    Indore for    aiding    the    development and growth of the Indore pharma market. The event concluded on a healthy note and provided fruitful businesses to the industry leaving remarkable footprints in Indore.

In   his   concluding   remarks, Ramesh Shah, Chairman, Pharma Technology Index, corn Pvt Ltd, thanked all the participants, visitors and keynote speakers. He offered special thanks to Munjal, Patel and   the   foreign   visitors   for their    cooperation    and    joint efforts in making the event a grand success. He further said that that Pharma Tech Expo should be organized   every   two   years   for promoting   small   and   medium companies so that they can exhibit their latest and most innovative machinery for pharma, packaging, an-; laboratory equipment industries.