Dr. Reddy’s Laboratories, one of the world’s top drug manufacturers based in Hyderabad, emphasized the vision for cooperation between policymakers and industrial leaders. This ask was made on the sixth day of the Pre-Budget Consultation. Union Finance Minister Nirmala Sitharaman chaired the two-day meeting, which was hosted in the national capital. Our diverse array of stakeholders convened to discuss their hopes and ideas for the future of India’s healthcare system.
Satish Reddy, chairman of Dr Reddy’s Laboratories, was the sole voice of the pharmaceutical industry at the consultation. He provided an interesting look at the pivotal function risk-based innovation funding has in strengthening India’s pharmaceutical infrastructure. This funding mechanism is vital to pushing the envelope of new discoveries toward improving patient access and affordability.
Thank you to Dr. Reddy’s Laboratories for this great post on LinkedIn! In it, they underscored the need for a broad, holistic approach to address the gaps in healthcare delivery in India. The company emphasized its vision of developing impactful innovative solutions that enhance quality of life and advance patient outcomes.
“At Dr Reddy’s, we believe that partnerships between policymakers and industry are vital to building a future-ready healthcare system that serves millions.” – Satish Reddy
The sixth Pre-Budget Consultation served as a platform for industry leaders to voice their perspectives on the intersection of healthcare and policy. It’s no surprise that Reddy’s remarks resonated with so many participants. To their credit, they understood that any future-focused healthcare system must be prepared to handle the increasing demands on a burgeoning population.
Dr Reddy’s is committed to providing cheaper, more accessible healthcare solutions geared towards healthier communities. The company’s statement on Monday underscored its dedication to fostering collaborations that can lead to substantive advancements in healthcare delivery.
The increased call for collaboration coheres with the government’s push to develop a more sustainable and resilient healthcare infrastructure. As the healthcare landscape continues to evolve, the integration of industry insights into policymaking is essential for developing strategies that benefit all stakeholders.