Crises are dangerous and expensive. They can distract us from our priorities. However, out of crisis can emerge incredible opportunities. For the Indian Pharmaceutical Industry, the largest provider of generic drugs globally, COVID-19 is more of an opportunity than a crisis. Known for producing safe and quality medicines, there is a massive opportunity for the Indian pharmaceutical industry to accelerate its economic potential when countries look to give their economies a much-needed stimulus in the aftermath of the COVID-19 outbreak.
As per the industry reports, the Indian pharmaceutical sector is expected to grow to US$ 100 billion, while the medical device market is expected to grow US$ 25 billion by 2025. In FY20, pharmaceuticals export from India, including bulk drugs, intermediates, drug formulations, biologicals, Ayush and herbal products and surgical stood at US$ 20.70 billion. The growth will result in an increase in job opportunities for pharmacy degree holders, whether it is B Pharm or M Pharm or Pharm D. Now, it is the responsibility of the pharma institutions in India to produce a competent workforce. The academicians and administrators need to align their teaching and processes with technological advancements to produce future graduates in conformity with the requirements of the industry.
In this issue, with the help of our advisory panel consisting of senior academicians and practising industry professionals, we have come up with a list of “25 Must-Watch Pharmacy Colleges in India.” These institutes have not only taken the utmost care to impart up-to-date curriculum to the students but also instilled in them the necessity to act with ethos. On the cover, we feature, School of Pharmacy, MIT World Peace University, which has always been proactive when it comes to imbibing the latest trends in education.