Paper Title
Assessing the Collaborative Synergy: An In-Depth Analysis of Public-Private Partnerships in the Indian Pharmaceutical Sector for Sustainable Drug Innovation and Access
Article Identifiers
Authors
NIRMALA A , SONALI MALLICK , MANISHA R VIRKAR
Keywords
Public-Private Partnerships (PPPs), Pharmaceutical Innovation, Knowledge Transfer, Intellectual Property Rights, Equitable Access, pharmaceutical landscape.
Abstract
Public-Private Partnerships (PPPs) have emerged as a transformative force in India's pharmaceutical landscape, redefining the contours of innovation, research, and drug development. This paper explores the profound impact of PPPs on the pharmaceutical sector, where government bodies, public research institutions, and private pharmaceutical companies converge to collaboratively advance research and development endeavors. By leveraging the complementary strengths and resources of both sectors, PPPs have fostered a culture of innovation and accelerated the journey from laboratory discoveries to market-ready pharmaceutical products. The implications of these partnerships extend beyond innovation. PPPs have facilitated the transfer of cutting-edge technologies and knowledge, empowering domestic pharmaceutical firms and positioning India as a global epicenter for research and development in the pharmaceutical arena. Yet, the path to success has not been without challenges, particularly concerning equitable access, intellectual property rights, and affordability. As we navigate the evolving pharmaceutical landscape, the role of PPPs remains paramount. Their continued success hinges on creating an environment conducive to collaboration, streamlining regulatory processes, clarifying intellectual property rights, and ensuring transparency. Balancing the interests of the public, the private sector, and research institutions will be imperative in harnessing the full potential of PPPs and maintaining India's leadership in pharmaceutical innovation. This paper offers insights into the multifaceted impact of PPPs in the pharmaceutical sector and underscores their significance in shaping India's pharmaceutical future.
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How To Cite
"Assessing the Collaborative Synergy: An In-Depth Analysis of Public-Private Partnerships in the Indian Pharmaceutical Sector for Sustainable Drug Innovation and Access", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 10, page no.b386-b404, October-2023, Available :https://ijnrd.org/papers/IJNRD2310142.pdf
Issue
Volume 8 Issue 10, October-2023
Pages : b386-b404
Other Publication Details
Paper Reg. ID: IJNRD_206569
Published Paper Id: IJNRD2310142
Downloads: 000121148
Research Area: Pharmacy
Country: Bengaluru, Karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2310142.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2310142
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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