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Bristol Myers CEO Expects India to Have Largest R&D Presence Outside US by 2025

The CEO of Bristol Myers Squibb, Christopher Boerner, expressed his confidence in India's potential to become the largest research and development (R&D) hub outside the United States by 2025. What factors contribute to India's growing prominence in the field of R&D? India's Rising Position in R&D Boerner's statement highlights the increasing significance of India in the global pharmaceutical industry. With its vast talent pool, robust scientific ecosystem, and cost advantages, India has emerged as a preferred destination for R&D activities. The country's strong infrastructure, skilled workforce, and supportive regulatory framework are key factors propelling its growth as an R&D hub. Investing in Innovation Bristol Myers Squibb, a leading global pharmaceutical company, has recognized the potential of India's scientific capabilities and is actively investing in the country's R&D landscape. The company aims to leverage India's scientific talent and research infrastructure to drive innovation and develop breakthrough therapies for patients worldwide. Collaboration for Scientific Advancements Boerner emphasized the importance of collaboration between academia, industry, and the government to foster scientific advancements. By fostering partnerships with Indian research institutions, Bristol Myers Squibb aims to tap into India's diverse knowledge base and accelerate the discovery of new treatments and therapies for various diseases. Driving Economic Growth The growth of India's R&D sector not only contributes to scientific progress but also fuels economic growth. Increased R&D investments by global pharmaceutical companies in India create job opportunities, attract talent, and stimulate the overall economy. This trend positions India as a knowledge-driven economy and a global innovation hub. Factors Driving India's R&D Potential India's competitive advantage in R&D can be attributed to several factors. First, the country boasts a large pool of skilled scientists, researchers, and engineers who contribute to cutting-edge research and innovation. Second, India's cost-effective and efficient clinical trials infrastructure makes it an attractive destination for conducting trials for new drugs and therapies. Additionally, India's vast patient population and genetic diversity provide a unique opportunity for conducting clinical research, enabling a better understanding of diseases and personalized medicine. Moreover, the government's initiatives to promote research, such as tax incentives and funding programs, further enhance India's R&D ecosystem. India's Commitment to Scientific Excellence India has been steadily investing in its scientific capabilities and infrastructure. The government's emphasis on research and development, as evidenced by initiatives like Atmanirbhar Bharat and the National Innovation and Startup Policy, reinforces the country's commitment to scientific excellence and self-reliance in innovation. Global Recognition and Collaboration India's growing prominence in R&D has garnered international recognition. Several global pharmaceutical companies have established research centers and collaborations in India to leverage the country's scientific expertise. This further strengthens India's position as a global hub for pharmaceutical research and innovation. Looking Ahead As India continues to invest in scientific infrastructure, foster collaborations, and support innovation, it is poised to play a pivotal role in driving scientific advancements and shaping the future of healthcare.

28 Feb 2024
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Indian Student Showered With Praise and Award for His Plogging Missions in UK

  Vivek Gurav never imagined that what started as a mission to clean his city of litter would eventually win him an award in the UK. He founded the "Pune Ploggers" plogging Community in India in 2018, and it already has over 10,000 members who have gathered over 1 million kg of trash.  Plogging which combines “jogga” (jogging) with “plocka upp” (a pick-up) is a Swedish concept. In simple terms, it means picking up litter while jogging. When Gurav accepted his scholarship position at Bristol University in September of last year, he made the decision to carry on the tradition. Since then, according to his university, he has driven to 30 UK locations and logged over 420 miles on 120 plogging "missions" with volunteers from 180 different nations. In a telephonic interview from London, Gurav told the Times of India that picking up litter was a simple and easy thing but it also helps to demonstrate that individual actions can be the solution to protecting the environment and that people themselves can go beyond government policy. It's interesting to note that, in comparison to Indian cities, he does not believe that streets in western cities are litter-free. Western cities exhibit a strong consumerism culture, and there is a lot of litter on the streets. Speaking with people about it has helped in bringing attention to it and other more significant environmental issues. His actions earned him the Points of Light Award from 10 Downing Street earlier this year, which recognizes individuals making a difference in their communities. Gurav was honored for organizing more than 140 volunteers to clear more than 3,750 kg of rubbish through his 250 running challenges throughout Bristol.

30 Dec 2022
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