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Dr. D.Y. Patil Homoeopathic Medical College & Research Centre, Pimpri

Opportunities for Startup and Innovation in Homoeopathic Pharmaceutical Industry Organized by Start up and Innovation Cell and Department of Homoeopathic Pharmacy

Tuesday, July 20, 2021 |Start-up & Innovation Cell & Department of Homoeopathic Pharmacy |Seminar


A webinar was organized by the Start-up & Innovation Cell & Department of Homoeopathic Pharmacy of Dr. D.Y. Patil Homoeopathic Medical College & Research Centre, Pimpri Pune on 20/07/2021 on the topic “Opportunities for Start-up and Innovation in Homoeopathic Pharmaceutical Industry”. Resource person for the webinar was Dr. R. Valavan, Head, Medical & Scientific Affairs, Dr. Willmar Schwabe India, Pvt. Ltd.

The webinar commenced with Dr. Parth Aphale, Associate Professor & HOD, Department of Homoeopathic Pharmacy & Co-Ordinator, Start-up & Innovation Cell welcoming the resource person. It was followed by a brief introduction of the speaker by Dr. D.B. Sharma, principal.

Dr. R. Valavan explained the students and faculty the scope for Homoeopathic Pharmaceutical start-ups. He shed a light on the innovations and advancements made in the field of Homoeopathic Pharmaceutical Industry with regards to modern equipment, automated processes, patents, products, dosage forms etc.

He also laid down the statistics in the growth of sale of homoeopathic medicines in India and world-wide in the past 10 years.

He also laid down the country wise statistics with respect to use of Homoeopathy as a system of medicine.

He explained the students the Strength, Weaknesses, Opportunities and Threats (SWOT) faced by the Homoeopathic Pharmaceutical Industry in India.

He nicely demarcated the start-up opportunities at different levels of homoeopathic pharma industry.

Finally, he ended his talk with legal amendments to be followed while establishing a homoeopathic pharmaceutical start-tp.

The session was followed by a Q&A session wherein the speaker answered all the queries raised by the students and faculty.

Total 150 (94 females, 56 males) students and 20 teaching faculty attended the webinar.

Overall, it was a very informative and interactive session wherein the students and faculty got a chance to clear all their doubts regrading establishing a homoeopathic pharmaceutical start-up, the process involved therein and the different innovations which are been made and patents that are been filed in the Homoeopathic Pharmaceutical Industry.

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