The Changing Geography of Ideas - Telfer School of Management · 2018-02-01 · 34 new patents The peoples car@$2500 ‘Gandhian engineering’ No radio, power-steering, AC, one wiper
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The Changing Geography of Ideas
Resurgence of India Innovation Inc.
Praful Naik, Ph.D.Chief Scientific Officer – Bilcare Limited
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 2
Busting myths about Indian Innovation
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 3
Myth #1
Look west for ideas
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 4
3rd HOTSPOT FOR INNOVATION –WORLD INVESTMENT REPORT (2005)
100 leading Global MNC have R&D hubs in India
Growth of corporate R&D 17% (North America -5.2%, Europe – 2.3%)
(Source: Booz Allen Hamilton 2007)
Source: UNCTAD (2007)
2.9
2.9
2.9
2.9
4.3
5.8
7.2
11.6
13
13
24.6
29
33.3
0 5 10 15 20 25 30 35
Taiw an
Sw eeden
Russia
Netherland
Canada
Brazil
France
Japan
Germany
UK
India
US
China
“WHERE IS RESEARCH HEADED?” % Responses
Base : 68 Largest MNC spenders on R&D
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 5
Myth #2
‘Copycats’ of US/Europe
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 6
India China
341 424 US Patents Granted (2003)
1993 2003
54 1164 US Patent ApplicationsSource: US Patent Trademark Office
2004 2006
17266 23000 Indian Patent Applications
1999 2003
12500 15600 ISI Thomson Scientific PapersSource: Indian patent facilitation center
Source: World Intellectual Properties Organization (2006)
Huawei Technologies (China)84
LG( Korea)125
Biowindow Gene Development ( China)136
Samsung (Korea)184
CSIR (India)184
Top 5 Patent Cooperation Treaty Applicants from Developing Countries(2002)No
, Source OECD
0.440.43
0.39
0.31 0.3
0.250.24
0.2
0.17
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
0.45
0.5
Chi
na
Indi
a
Turk
ey
Slov
enia
Kor
ea
Pol
and
Chi
nese
Tai
pei
Sin
gapo
re
Cze
ch R
epub
lic
Total Patenting Growth rate High&Medium High-Tech
Medium Low & Low-Tech
ANNUAL GROWTH RATE OF PATENTING
PCT Filings 1997-2004
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 7
TATA NANO
FIRST of its kind car in the world
34 new patents
The peoples car@$2500
‘Gandhian engineering’
No radio, power-steering, AC, one wiper
Reengineered car for cost reduction
Confirms to environmental standards (Euro 4 Emission Standards)
Meets Front and Side Impact crash ratings
Made four wheeler accessible to millions of people worldwide
TATA NANO
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 8
Myth #3
Agricultural not Technological focus
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 9
INTEL INDIA CO DEVELOPED TERAFLOP CHIP
Powerful programmable processor
Can be used for diverse research applications for scientific experiments, oil exploration number crunching
Involved in logic, circuit and physical design
Developed in a record 20 months
MICROSOFT RADIO FREQUENCY IDENTIFICATION MICROCHIP
Product security and identification
Adopted by Wal-Mart and Gillette
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 10
GE JFWTC
Set up John F. Welsh Technology Center in 2000
Designing GEnx engine which powers Boeing Dreamliner 787 and Boeing 747
Designing simulations to control bird strikes and fan blade outs in
MOTOROLA RESEARCH LABS
30 Full time researchers and scientists
40% of all software in Phones (including Motorazr)
Multilingual displays, speech recognition
Developing noise cancellation technology
GENX ENGINE
MOTORAZR
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 11
HIV MONITOR
ReaMetrix developed immune monitoring test
Cuts cost of testing by 1/5th
Maintained dry state so can be transported easily without refrigeration
Supplying to Africa, Brazil
BIOCON
Filed for over 800 patent applications worldwide
Over 130 granted patents
R&D focus – growth of 36% in R&D expenditure in 2006—07
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 12
Myth #4
Basic NOT appliedKnowledge
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 13
AKASHGANGA – AUTOMATIC MILK COLLECTION SYSTEMCut time from 5 minutes to 30 seconds
Milk analyzed on six parameters
Monitors adulteration through analysis
E-CHAUPALTransforming business in rural areas
Computer in local farmer’s house -Serves about 600 farmers
Information disseminated/collected in surrounding areas by VSAT
More value and productivity
Accurate price
AKASHGANGA
E-CHAUPAL
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 14
SUZLON
Top three wind players in wind energy sector ( From <10 in 2002)
Factories in US/China, Operates in 14 countries
Unique proprietary turbines for cost advantage
Has 7% global market in 2008
Set up innovation center in Denmark
SUZLON TURBINES
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 15
KANSO
Two seater 100 cc car
Powered on solar energy – upto 320 watts of power
Cost - $3750
E-BIKES
Rs.13000 bike that runs on electricity
Environmentally friendly(saved $1mn in fuel cost per month)
KANSO CAR
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 16
What has led to this resurgence?
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 17
#1
The Economic Engine
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 18
0
2
4
6
8
10
12
14
Wor
ldO
utpu
t
US
A
Eur
ope
Japa
n
Chi
na
Indi
a
Bra
zil
Mex
ico
Rus
sia
2005 2006 2007 2008E
All India: Age split in %
14.4 12.2 13.6 14.7
26.3
12.6
4.3
1.9
0
5
10
15
20
25
30
12-1
6
17-2
0
21-2
5
26-3
0
31-4
5
46-6
0
60-7
0
71+
Technopak Consumer Outlook 2007
Rank India
2 Emerging Markets
4 Economy by PPP terms
3 Largest Economy (2050E)
SOURCE: GOLDMAN SACHS 2007
SOURCE: TECHNOPAK CONSUMER OUTLOOK @))&
Median Age 24yrs
Population > 60 years6%
Population <35 years65%
Earning Population60%
Dependency Ratio< 40%
GDP GROWTH RATE
SOURCE: State of Indian Economy (2007)
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 19
#2
The Intellectual Capital
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 20
400 Government Research Labs
1300 Industrial R&D Units
21 R&D staff /1000Department of Science and Technology
(Farrell)
% of students in Engineering 11.20%6%(NCAER) /(Indian Science Report)
Annual Enrolments at Graduate and Above 9.84mn 6.6mn
20041996
Ministry of HR
Institutes of National Importance13
Deemed Universities96
Universities229
UGC and Mashalkar Estimates
Annual Science PhD's~6000
Estimated to grow to (2015)1400000
Annual Engineering Graduates350000
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 21
30000 Returnees of IIT from Abroad (3yrs)
40% Drop in no of IITians going to US (NASSCOM 2007)
60,000 Total IT professionals returning
Ministry of external affairs (2004)
Indians responsible for tech firms start up in US20%
Median earning of Indian origin (US Average$38885)$60093
Number of Non resident Indians20mn
GE20
Biocon10
General Motors50+
Monsanto30
Returning Indians to total Employees%
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 22
#3
The Financial Capital
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 23
$261.1bn Forex Reserves (2007)$21.25bn Foreign Inst Investment (2007)
$6.6bn Foreign Direct Investment (2007)State of Indian Economy, CII Paper Oct 2007
0
50
100
150
200
250
300
350
2000 2001 2002 2003 2004 2005 2006(E)0
1000
2000
3000
4000
5000
6000
7000
Value of deals (USDmn) Number of deals
INCREASE IN VC
National Innovation Project sourcing $6bn VC from World Demos 2007
Venture capital amount doubled since 2000Demos 2007
Nokia + Intel investing $250mn in VC Demos 2007
INCREASING MONEY FLOWS
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 24
SCORPIODeveloped at 1/10th cost of similar model abroad
SARASPassenger plane developed for $11mn
INTELAverage Annual cost to design a chip 1/10th of Silicon Valley
Average Salary of Indian in R&D 1/10th of Europe
0
20
40
60
80
100
120
World India, China
1.1 1.8
5.5
16.6
24
0
5
10
15
20
25
30
China India Poland UK Germany
Average hourly wages in USD
Bayer Crop sciences
Average Investment in a Chemical Plant
Bayer Crop sciences
COST ADVANTAGE IN INDIA
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 25
#4
Enabling State Support
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 26
0.80% Current R&D as % of GDP
2%Planned R&D as a % of GDP (2012)
40% R&D Investment CAGR
$ 4.5bn Annual Science Budget
24% Increase in Annual Science Budget
Intellectual Property Protection
2004-05 2005 -06
Patent applications: 17466 24505 (↑40%)Patents Granted: 1911 4320 (↑125%)
Government of IndiaMinistry of Commerce and Industry
Controller General of Patents Designs and Trade Marks
$230mn “National Science and Engineering Foundation” (Fundamental Research)
Various tax exemptions and benefits for R&D
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 27
#5
The Private Sector & MNC Investment
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 28
2002 2007
Number of MNC R&D ~50 300Domes research
GE: John F. Welsh Institute, Bangalore
ARM: India and US Research on par
Microsoft: Third largest R&D lab in India
300 more R&D centers planned
Employ 80000 scientists
Planned investment USD4.7 bn
2002 2005
$815 mn $4176 mn Private R&D Investment
$4075 mn $8658 mn Total R&D Spending
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 29
Which sector will drive innovation in the future?
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 30
2004-05THE IT- INNOVATION PARTNERSHIP
USD 12bn
Software exports (Up from USD 9.2bn in 03-04)
30.40% Growth 35% IT Exports as a % of total Exports
~1-2% R&D as a % of Sales(Nascomm)
IT revolution geared the India Inc….
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 31
The three big players of tomorrow…
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 32
Pharmaceuticals
2004 PHARMA $4.6bn Revenues
50% Expected growth in 5 years
$142mn Investment in R&D by 10 largest drug firms
~6% R&D as a % of Sales(DEMOS RESEARCH REPORT)
World class educational institutes (TIFR/IISC) Low cost of new drug development (1/10th of Europe)
Cost effective contract research
Pharma companies setting up R&D centers
TRIPS compliance Average Salary of Indian
6158
2119
8
0
10
20
30
40
50
60
70
India Italy Spain China Israel
Highest Number of US FDA Approved Plants Outside the US are in India
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 33
Biotechnology
2004 BIOTECH$1.1bn Revenues
37% Growth $5bn Growth target by 2010
Rs.6.22bn
Biotech Research Plan outlay (1997-2002)
Rs.14.5bn
Biotech Research Plan Outlay (2002-2007)Patent protection introduced for microorganisms
Main contributors to biotech industry –pharmaceuticals, immunobiologicals and industrial products
(DEMOS RESEARCH REPORT)
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 34
Nanotechnology
2004 NANOTECHNOLOGY$ 200
mn Planned investment by Government in 5 years
$s 24 mn
Nano Science and TechnologyInitiative spends
Focus: Nanotube based solar power cells, diagnostic kits and drug delivery
(DEMOS RESEARCH REPORT 2007)
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 35
A closer look at Healthcare and life-sciences
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 36
2007 Healthcare Market $37.5bn Size of healthcare market
$75bn Expected growth in 5 years15% CAGR
10 times Expected growth of CAGR till 202213% Growth in 2006
Technopak Health Outlook 2007-08
Growth projections for Indian Healthcare Industry in INR
12000
3000
1500
6000
0
2000
4000
6000
8000
10000
12000
14000
2007 2012 2017 2022
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 37
DEMOGRAPHIC GROWTH DRIVERS OF HEALTHCARE IN INDIA
18.7mn Size of the middle class (Households)32.7mn Expected growth by 2010
($4938< Middle class<$24691)
173mn Expected growth to 2026
40 Expected growth by 2026
Significant increase in Epidemiological/lifestyle Transitions
83mn People over 60 years (2006)
~29% Urbanization (2006)
Technopak Health Outlook 2007-08
Population Growth across age groups
356 346 340 336
671 747 810 859 899
8398
118173
327
143
0
200
400
600
800
1000
1200
1400
1600
2006 2011 2016 2021 2026
0-14 15-59 60+
NON COMMUNICABLE YEAR MN MN IN YR
2015
Cancers 2004 0.87 0.99
Diabetes 2005 31 46
Mental Health 2005 65 80
Cardiovascular 2000 29 64
CODP and Asthma 2001 40.5 59.3
National Commission on Macroeconomics and health
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 38
OTHER GROWTH DRIVERS OF HEALTHCARE IN INDIA
Emergence of empowered customer
Increased accessibility to health insurance
Medical Value travel
Technopak Health Outlook 2007-08
Projected Growth of Health Insurance Premium Payouts (CAGR 35%)
35
160
700
0
200
400
600
800
2007 2012 2017
Insu
ranc
e P
rem
iun
in R
s 00
0mn
Projected Growth of Indian Medical Value Travel Industry (CAGR 20%)
2050
123
308
0
50
100
150
200
250
300
350
2007 2012 2017 2022
INR
'000
mn
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 39
Global Market
India Market
2010 Opportunity
$8bn(Kalorama)
$250-300mn
(Industry Sources)
Discovery research Outsourcing
$14.4bn (Centerwatch
2007)
$1.5bn Mckinsey
Clinical Research Outsourcing
$25.7bn –2010
(Frost and Sullivan)
10% of Global Market
Custom Manufacturing
The key opportunity areas
Company Overview &
Its Technology Solutions
40
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 41
Leading provider of research-driven solutions solely-focused on pharmaceutical industry– Founded in 1994 and headquartered in Pune, India with global presence
– Manufactures packaging materials to significantly enhance function, physical efficiency and safety of medicines …
• Leading producer in Asia (~65% share of Indian barrier blister packaging market)
– … and provides world-class packaging research and clinical trial services
Operates best in class, manufacturing and research facilities in India, Singapore, UK and USA– India: 1st pharma pkg. materials mfg. facility of its kind in Asia, and 8th in the world, 1st pharma pkg. Res. facility in
the world. 1st clinical trials services facility in the country. 1st Academy for Clinical Research in collaboration with ACRP of USA. Mission of Bilcare & ACRP – Build competencies for best practices in Clinical Research across Asia
– Singapore: 1st pharma pkg. materials mfg. having the worlds largest state-of-the-art polymer coating line. Awarded "Pioneer Status" by Singapore government
– USA: FDA and DEA approved clinical services facility along with a technologically advanced material slitting facility
– UK: MHRA approved clinical trial services facility along with materials warehousing & distribution
Pioneering and patented packaging & Healthcare management system technologies– Optimum packaging solutions devised in just 4 weeks using patented process
– Several novel patented products for successful branding strategies
– Significant cost savings benefits for pharmaceutical companies
– Leading packaging solutions through R&D
Company Overview
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 41
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 42
Global Clinical Services
42India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 43
Bilcare’s clinical trial services provides end-to-end clinical supplies management services including:
– Protocol design
– Regulatory compliance & patient safety
– Batch manufacturing
– Packaging design
– Storage and global distribution
– IVRS
– Returns management
Bilcare provides comprehensive clinical supplies services to its global client base– Operational and distribution facilities in India, UK, United States and Singapore
Bilcare also provides distinctive services to its customers in the areas of product formulation and development
– Opportunity to more rapidly and effectively conduct clinical trials, thereby potentially enhancing the speed to market of NCE’s
Formulation Development– Develop formulations with a focus for clinical studies including pre-formulation
– All dosage forms and their line extensions
– Over encapsulation & blinding of drugs
– Develop placebos & comparator supplies
– Addressing needs of reformulation for phase I – IV studies
Stability Program
Analytical Development– Cleaning method validations
– Dissolution testing profile
– Analytical method development & validation with a focus on drugs undergoing clinical studies
– Analysis of drugs under stability program
– Analytical support for pre-formulation & formulation development
– Shipping studies evaluation
43India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
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Research Services
44India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 45
Pharma Packaging Research
Packaging Development & Design
Packaging Audit
Brandpak building solutions
45India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 46
Material Services
46India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 47
Comprehensive range of innovative packaging materials – films & foils:
– Scientific optimization of drugs
– Maximize shelf-life
– Increased product stability
– Enhanced speed to market
– Protection against counterfeits
Packaging comes in Blister films, Aluminium foils, Cold formed blisters (Alu Alu), and Wrap Systems
The Company produces films and foils for blister packaging of pharmaceutical tablets and capsules, employing four distinct manufacturing processes
– Dispersion Coating Technology – state-of-the-art dispersion coating systems equipped with sophisticated gauging and other control systems and operated using in-house proprietary process technology
– Dry Polymer Lamination Technology – used to produce multi-laminated films with high clarity and optimal physical features
– Aluminium Processing Technology – used to produce varied speciality coatings, including laminations on aluminium, which result in products which retain reduced solvent levels, well below international limits
– Slitting Technology – integrated with packaging systems to provide customers with comprehensive functional safety and product protection
Bilcare has extensive in-house research and design capabilities, used to develop and test innovative packaging solutions
Cyclic-olefin copolymer (COC) also used for core layer in 3-5 layer blister films
PVC is most common resin for core layer
Outer layer made from a variety of resins including polypropylene and PVC
47India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 48
Academy for Clinical Research & Innovations
48India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 49
• Academy for enhancing competencies and capabilities of the clinical research professionals and clinical research sites
• Create continual innovations for addressing key concerns in the space of clinical research
• Develop value based solutions including IT enabled solutions for enhancing the speed of clinical research study programs
• Commitment to Quality & Highest Ethical standards creation
• Collaborate with the leaders of Best Practices to enable true enrichment of professionals
• Unique 1 year post graduate diploma program in clinical research management in partnership with ACRP of USA
• Create & build competency of Clinical Research professionals in collaboration with ACRP, USA across Asia
KnowledgeInnovation Sharing
49India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 50
Addressing the Key Customer Challenges
• The 5 C’s– Counterfeit– Compliance– Convenience– Communication– Cost
50India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 51
Challenges• Counterfeit needs to be recognized as a key challenge as it leads to
– Non-Compliance resulting in frequent change of prescription; drug resistance – secondary care leading to significant increase in healthcare management cost
• Medicine as total cure recognized as Myth
– Imbalance in diet and fitness management are major contributing factors
• Solutions must
– Empower consumer to participate in the global action on anti-counterfeiting– Be Commercially sustainable & yet simple for operability by the consumer– Be capable of addressing multiple concerns
51India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 52
• Avoidable Complications & Hospitalization
• Enhanced burden of healthcare costs on Nations
• Anti-Counterfeit – Who should tackle?
– Producer, Regulator, Patient, Pharmacist or the Doctor? – Government, Healthcare Organizations, Insurance Cos.?
• “Means & process to facilitate Collaborative efforts of all stake holders”
Challenges…
52India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 53
• Clinical Research & Development of new medicines / therapies
– Impact of Non - Compliance
– Real time patient feedback
– Timely professional interventions
• “Means & process to facilitate Robust Clinical Research Management”
Challenges…
53India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 54 53India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
Pharmacy
ComplianceSupport
Care giver
Anti - counterfeitSupport
PatientDoctor
Insurer
Manufacturer
Hospital
National Health System
Distribution
IntegratedInteractive Companion
Device
HealthcareKnowledge
Management System
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 55
BilcareA business model based on innovation
• Symbiotic & Synergistic collaborative Approach
• Innovate over spheres of conventionalism
• “Crunch and Breakthru” process
• Focus on creating innovations with effective end use applicability
– over 60 patent filings worldwide
• Value proposition for Well Being and Health care management
54India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 56
Honorable Dr APJ Abdul Kalam, Dr John LaMattina – President Pfizer Global R&D, Dr. R Chidambaram - Principal Scientific Advisor to Government of India inaugurating Bilcare Center of Excellence and the Revolutionary Technology
55India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 57 56India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008
India As An Innovation Hub – Praful Naik, CSO, Bilcare Limited: Telfer India Forum, OTTAWA, 20th February 2008 58
Thank You
www.bilcare.com
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