Two pharmaceutical conclaves are set to take place in India at the end of February, with events scheduled in Hyderabad on the 25th and 26th, followed by Mumbai on the 27th and 28th.
The pharmaceutical industry, valued at around $55 billion, is expected to reach $130 billion by 2030. Despite this growth potential, the industry is currently facing challenges in the global market due to geopolitical tensions and changing policies. In addition, concerns about quality in the domestic market are prompting companies to focus on innovation to stay competitive.
The upcoming conclaves provide a platform for industry stakeholders to discuss key issues and explore opportunities for collaboration and growth in the evolving pharmaceutical landscape.
Published on February 9, 2025.
