EMPOWERING INDIAN PHARMA THROUGH IIoT

India Pharma Inc needs to arm itself with a forward-looking attitude, strategic roadmap, significant investments, and meaningful collaborations to leverage the tremendous promise and potential of IIoT

- Lakshmipriya Nair

As Industry 4.0 plays out, remaining com-petitive in an increasingly complex market place has become an arduous task. Also, in this milieu, Industrial Internet of Things (IIoT) is taking centre-stage, with a lot being discussed and written on this technology and its massive potential to enhance visibility, quality and productivity across the pharma value chain.

For instance, business leaders, Ajit Singh, Chairman, ACG and Dr Sanjit Singh Lamba, MD, Eisai Pharma India, emphasise how IIoT is now a prerequisite for continued success. Singh says, “IIoT will not only drive the next industrial revolution but also bring about the information revolution. It has the power to transform the pharma industry at a very rapid pace, the ability to transform everything we do, right from clinical trials and drug discovery to manufacturing, supply chain and remote monitoring of patients.”

Dr Lamba also points out that as the Pharmacy of the World, product quality and efficacy, regulatory compliance, operational efficiency etc. are some of the major objectives of the Indian Pharma Inc. With IIoT, we can empower equipment, people, environment and infrastructure to intelligently communicate with each other and achieve these goals.

However, the pharma industry hasn’t managed to leverage its power and capabilities completely. Express Pharma and ACG, henceforth, recently collaborated to organise a seminar on the theme, ‘Empowering Indian Pharma through IIoT’ to seek the answers to this conundrum. The event served as a platform for leaders and experts to outline how IIoT represents a compelling opportunity for the pharma industry to optimise efficiency and efficacy of its complex and critical operations, such as manufacturing and supply chain management.