A.P. govt. urged to set up pharma innovation centre in Srikakulam district

Pulsus Group Chief Executive Officer Gedela Srinubabu has urged the Andhra Pradesh government to develop the Pydibhimavaram-Etchera stretch of Srikakulam district as a Pharma Innovation Centre, pointing out that many bulk drug industries have been set up along the strtech.

Participating in the convocation of Pharma-D graduates of Sri Venkateswara College of Pharmacy at Etcherla on Saturday, he said that the migration of students to other States and countries would decrease if industries, research centres, and laboratories are established in the region.

Citing the statistics available with the Central government, he said India’s pharmaceutical market, which was around USD 17.79 billion in 2023, is projected to touch USD 35.38 billion by 2030.

College Director B. Srirama Murthy and Principal K.E.V. Nagoji were present.