Investor Presentaiton

Government of India Initiatives Industry infrastructure Reduction in approval time Duty Exemptions Union Budget 2018-19 Online Pharmacy Policy National Intellectual Property Rights (IPR) Policy 2016 सत्यमेव जयते GOVERNMENT OF GUJARAT The government has planned to set up 6 pharma parks at an investment of about US$ 27 million Plans to set up mega bulk drug parks in order to reduce dependency on raw material imports. The Drug Controller General of India (DCGI) announced its plans to start a single-window facility to provide consents, approvals and other information. NOC for export license is being given on a state level under ease of doing business for faster approval Full exemption from excise & custom duty is being provided for HIV/AIDS drugs and diagnostic kits supplied under National AIDS Control Programme funded by the Global Fund to fight AIDS, TB and Malaria (GFATM) The National Health Protection Scheme is largest government funded healthcare programme in the world, which is expected to benefit 100 million poor families by providing a cover of up to Rs 5 lakh (US$ 7,723.2) per family per year for secondary & tertiary care hospitalisation. The Government of India plans to set up a US$ 640 million venture capital fund to boost drug discovery and strengthen pharmaceutical infrastructure. Government plans to set up an electronic platform to regulate online pharmacies Legal and Legislative Framework for strong and effective IPR laws, which balance the interests of rights owners with larger public interest Strengthens the enforcement and adjudicatory mechanisms for combating IPR infringements. 10

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