Dr. Reddy’s Laboratories, a Hyderabad–based global pharmaceutical player, is calling for a deeper partnership between policymakers and industry executives. They are convinced this partnership is vital to improving the healthcare agenda in India. The company is one of the world’s top five pharmaceutical companies. It’s part of an overall goal to build a future-ready healthcare system that better serves hundreds of millions of people.
Satish Reddy, chairman of Dr Reddy’s Laboratories, who recently participated in the sixth Pre-Budget Consultation in New Delhi. Union Finance Minister Nirmala Sitharaman, who chaired the event, stated that rejuvenation should emanate from city governance. Throughout this consultation, Reddy made a strong case for creating coalitions. He feels these kinds of collaborations can take advantage of the best of both worlds from the government side and the pharmaceutical industry side.
Dr Reddy’s Laboratories is of the view that these collaborations are imperative to propelling healthcare initiatives and ultimately expanding patient access to innovative medicines. The company’s future vision incorporates the introduction of risk-based innovation funding, an idea Reddy passionately makes the case for as a means to immensely reinforce India’s pharmaceutical ecosystem.
“At Dr Reddy’s, we believe that partnerships between policymakers and industry are vital to building a future-ready healthcare system that serves millions,” stated Satish Reddy. This sentiment speaks to the overall intent of creating an atmosphere where advancements in medical science are able to take place on a much quicker timeline.
The company is dedicated to accelerating innovations. These advancements will lead to safer, more efficient care to patients while lowering healthcare costs for all Americans from coast-to-coast. About Dr. Reddy’s Laboratories Dr. Reddy’s Laboratories promotes collaboration among multi-stakeholder ecosystem. They want to create a robust, sustainable framework that not only addresses today’s healthcare needs but anticipates the needs of tomorrow.
As a major player in the pharmaceutical industry, Dr Reddy’s has established a strong presence in India and is committed to contributing to the country’s healthcare landscape. Through its initiatives and participation in high-level discussions, the company continues to drive forward its mission of improving health outcomes for millions.