‘Nepal could become self-sufficient in medicine production’

CHITWAN: Entrepreneurs have said that Nepal can become self-reliant in medicine production if the government provides required support and assistance for it. Speaking at the inaugural function of Nepal Pharma Expo 2022 in Chitwan on Friday, the speakers said that the domestic pharmaceutical industry should be promoted through relevant policies. They pointed out the policy of some countries to ban the import of medicines that are domestically produced. On the occasion, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President Shekhar Golchha said Nepali pharmaceutical industry has reached the stage where it can meet 50% of the demand. Likewise, President of Nepal Medical Association, Dr Lochan Karki, said that the state should adopt a policy to promote domestic industries while President of the Association of Pharmaceutical Manufacturers Dr Prajwal Jung Pandey said that Nepali medicines were being exported and stressed the need for the government to provide policy-level support as the industry has the capacity to produce more than 90% of the drugs essential in the country. Former president of the association, Deepak Dahal, shared that 72 industries were producing medicines in Nepal while 32 were in the process of being established. Secretary General of the Association, Biplav Adhikari, said this year's expo would expand the knowledge and technology being embraced by the pharmaceutical sector in Nepal. It will raise awareness among the people about the technology of drug production and the sensitivities adopted in it. The Expo is being held every two years for the development of drugs being produced in Nepal and the technology used in the production of medicines, labs, machines, raw materials, packaging etc.  There are 123 multinational companies and 37 domestic pharmaceutical industry stalls at the expo. By RSS READ ALSO:

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