PUSPA PUSPA WORKSHOP SERIES 2020 Presents B.Pharm & Business What's next after B.pharm? JUNE 17 2-4pm Apply to register. We'd lo...
PUSPA PUSPA WORKSHOP SERIES 2020 Presents B.Pharm & Business What's next after B.pharm? JUNE 17 2-4pm Apply to register. We'd love to meet you! For more information contact 9860528547/9846728624 email: pufamily.puspa@gmail.com. We are back with the seventh workshop on 'B. Pharm. and Business' under PUSPA Workshop Series-2020. It is a one day workshop which will be held on 17th June 2020 from 2:00 PM - 4:00 PM.
For registration, Interested can mail in our G-mail Id.
Write your genuine opinion on the topic.
Our Mail-ID: pufamilypuspa@gmail.com
Note-
1. B. Pharm. students are highly encouraged to apply.
2. Registration deadline is till 7:00 PM (GMT +5:45) ; June 16, 2020.
Extra Dose of Blog:
Pharmaceutical Business In Nepal
A new era of the pharmaceutical industry came in 2050 B.S. (1994 ad) when there was a rapid flourishing of the pharmaceutical industry. This vision led to the creation of pharmaceutical companies in the Midwest region. [Sources: 4, 8]
In such a short time Panas has gained goodwill and credibility and has been recognised as one of the fastest-growing companies in the pharmaceutical industry in Nepal. In the mid-1990 "s, his ability to build a strong relationship with the Nepalese government and its officials masked his value - the additional business model of making the pharmaceutical industry a" make-up or break "business. [Sources: 6, 8]
This shows that while prices in this sector are lower than in countries such as the Philippines and Kenya, the price of branded generic medicines in the private sector in Nepal and other parts of the world is still significantly higher than in other countries. A recent study by the World Health Organization (WHO) and the International Organization for Economic Cooperation and Development (OECD) shows that countries that have been studied here, like Nepal, compete in terms of brand equity and price, leading to higher prices for the public sector than for the private sector in many Asian countries. [Sources: 0]
When Alpine Pharmaceuticals submits a new product to the DDA (Department of Drug Administration), we must prepare a proposal for the product. Indian companies sometimes produce new products, but when they register a product, we also have a responsibility to market it in Nepal. In this case, the company representatives come here and talk about how they will market it here in Nepal and when they will register it. [Sources: 10]
All medicines to be used in Nepal, whether they are produced locally or imported, must be registered with the Development Agency. We must register all our stores with this department, as do our retail stores in Kathmandu, Dharamshala, Chitwan, Calcutta and other places. [Sources: 2]
The Nepalese government also provides consumers with information about medicines, and there are Nepalese websites and apps, including the website of the National Health and Medical Research Institute (NHRI) and the Nepal Health Information Centre (NHIC). It is also useful to identify counterfeit or fake medicines as opposed to real ones, which is an overwhelming problem in Nepal. The National Medicines Control Agency (NDB) and other government agencies are also helpful in determining the quality of medicines available in the country, as well as their prices and availability. [Sources: 2, 11, 12]
Pharmacists in Nepal work in a variety of fields, including medicine, pharmaceuticals, healthcare, medical education and medical research. Membership of the Nepal Pharmaceuticals Association includes pharmacists and other professionals working in the pharmaceutical sector such as doctors, nurses, dentists, physician associates, pharmacy students, physician assistants, pharmacist assistants and nurses. [Sources: 2]
Under the influence of a medical representative, doctors usually prescribe drugs from a particular pharmaceutical company on commission. They prescribe medicines that are available in certain pharmacies and that are manufactured by that pharmaceutical company, and they do so on behalf of the company. [Sources: 3]
The newly registered pharmaceutical company is said to have made a promising investment of 350 million rupees. However, the company has made its initial investment to acquire pharmaceuticals from its customers. [Sources: 1, 9]
Similarly, it has signed a Memorandum of Understanding with Alliance Pharmaceuticals. The company's representatives from India came to Nepal this month and spent the night together with Alpine Pharma representatives in their Kathmandu office for the first time in the company's history. Alpine Pharma is an emerging Nepalese pharmaceutical company - which is also strongly represented in India. [Sources: 10]
The supplier is currently in talks with the country's pharmaceutical authority to obtain a licence to import medicines from Bangladesh as it seeks an alternative and seeks Indian supply, which is a significant part of its total supply of medicines in Nepal. The measures come after the government's crackdown on generic medicines produced in - by - one country. [Sources: 3, 5]
Nepalese pharmaceutical companies should move as such to build a sophisticated industrial capacity for research and innovation. While their efforts to introduce good manufacturing practices, a key element of the NHMRC's (National Health and Medical Research Council) agenda, are commendable, confidence must be built to prove that their products are bioequivalent and prototypes of drugs from manufacturers - a task that can only be accomplished through research and development. [Sources: 2]
Policymakers and stakeholders, especially pharmacists, need to join forces to establish their role in the development of the pharmaceutical industry, "said VivekGautam, pharmacist, department. Enthusiasm for the planned investment in this sector promises to make the medicines needed here more affordable and accessible to patients and their families. [Sources: 2, 9]
During the planning phase, the centre, which provides medical information through pharmacovigilance (PV), was earmarked for the work of the Pharmacology and Pharmacy departments. DICs are included in hospitals across the country, starting with financially stable ones that the centres can maintain. Bishnu Rath Giri is studying medicine in the sixth semester and P. Ravi Shankar is an assistant professor of pharmacology at the University of Nepal in Kathmandu at the School of Pharmaceutical Sciences. [Sources: 7, 12]
Sources:
[0]: https://www.ijpsonline.com/articles/adapting-pharmaceutical-pricing-and-reimbursement-strategies-for-achieving-universal-health-coverage-in-nepal-lessons-from-selecte.html
[1]: http://dukenepaltour.com/38-pharmaceutical-online
[2]: https://www.cjhp-online.ca/index.php/cjhp/article/view/1614/2475
[3]: http://therisingnepal.org.np/news/25841
[4]: http://appon.org.np/history/
[5]: https://myrepublica.nagariknetwork.com/news/nepali-drugs-suppliers-approach-bangladesh-after-india-limits-drugs-supply/
[6]: http://magnuspharma.com.np/company-2/
[7]: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1196479/
[8]: https://www.panaspharma.com/overview.html
[9]: https://english.khabarhub.com/2019/25/57062/
[10]: https://www.ukessays.com/essays/business/alpine-pharmaceuticals-distributors.php
[11]: https://link.springer.com/article/10.1186/s40545-018-0139-9
[12]: https://www.dovepress.com/overview-challenges-and-future-prospects-of-drug-information-services--peer-reviewed-fulltext-article-JMDH
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