The Express Pharma – Nutrify Today Boardroom series offers a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

The gender gap in the workplace, including the nutraceutical sector, is a significant issue that affects millions of individuals worldwide. Women often face obstacles such as unequal pay, disparities in promotions, incidents of sexual harassment, and racism. Despite more women entering the workforce, achieving gender equality remains a challenge.

In this video, Lynda Doyle, President and CEO, Avant Nutrition LLC moderates a discussion on how Women In Nutraceuticals (WIN) is helping to create an environment where all genders can thrive. In discussion with Heather Granato, Vice President, Partnerships & Sustainability Informa Markets; Gillian Fish, President & CEO, The 6AM Agency; Dr. Anand Swaroop, President, Cepham and Rajat Mittal Shah, Co-Founder & Executive Director, Nutriventia Healthcare, panellists celebrate some early success stories and best practices on how nutraceutical workplaces can reduce the gender gap.

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Express Pharma – Nutrify Today Boardroom series offers a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

In a free-wheeling video interaction with Express Pharma, Sanjaya Mariwala, Executive Chairman and Managing Director, OmniActive Health Technologies, speaks on how new-age technologies are leveraging India’s traditional medicine knowledge, especially bioactives from natural products. Adopting the Intel Inside strategy, OmniActive’s bid to avoid commoditisation includes getting mentioned as a branded nutra ingredient on global labels. He also spells out what policy support is needed from government to ensure India’s nutra sector reaches USD 100 billion by 2030.

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Express Pharma – Nutrify Today Boardroom series offers a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

In an unrestrained dialogue, Dr Anand Swaroop, President, Cepham Inc, a well-known nutraceutical ingredients developer and branded formulations owner in the US, engages with Vishrut Srivastava, Managing Director, Yodaplus, India, an experienced AI leader. The conversation navigates from AI discovery to its contrast with human intelligence, finally spotlighting its deployment in nutraceuticals through the case of the AI-driven Nutrify Genie engine.

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Express Pharma – Nutrify Today Boardroom series offers a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

In this video, Rahul Adakmol, COO – International Operations & Business Development at Bharat Serums and Vaccines, speaks on the trends shaping the pharma and nutra sectors, ethical and responsible approaches for the pharma industry to leverage opportunities in nutraceuticals, BSV’s focus areas for growth, in a free-wheeling interaction with Express Pharma

The post Evolving role of nutraceuticals in improving health outcomes: Rahul Adakmol, COO – International Operations & Business Development, Bharat Serums and Vaccines appeared first on Express Pharma.

As the world grappled with the COVID-19 pandemic, and now continues to deal with its aftermath, ‘immunity’ has become the new buzzword and the demand for nutraceuticals across the globe has increased manifold. This, in turn, has opened a huge opportunity for the nutraceuticals industry globally and India is uniquely positioned to become one of the most formidable players in this segment, with a projected $100 billion valued market by 2030. (Read: https:// www.expresspharma.in/six-reasons-why-india-is-poised-to-be-aglobal-leader-in-nutraceuticals/)

However, even as this industry booms and newer players enter the market, serious concerns are being raised about the research, regulation, development and consumption of these nutraceuticals. So, timely and pertinent measures are of essence to leverage the tremendous growth potential and eliminate bottlenecks that hinder the industry’s progress.

Express Pharma- Nutrify Today Boardroom series In a bid to examine and understand the prerequisites for the next leg of growth in nutraceuticals, Nutrify Today and Express Pharma came together to launch the Express Pharma- Nutrify Today Boardroom series. The aim was to create and build a platform for pharma industry leaders to initiate a dialogue that would assist the pharma industry to leverage growth through ethical nutraceuticals. It is also an endeavour to enable government bodies to shape effective policies that would help the growth of the ethical nutraceuticals industry in India through effective engagement with the pharma industry.

The first edition of the Express Pharma – Nutrify Today Boardroom series, held recently in Mumbai, offered a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

An eminent panel of pharma experts and leaders came together to explore approaches to build an ecosystem for developing scientifically proven, evidence-based nutraceutical products. Dr Meenakshi Singh, Secretary Nutraceuticals Task Force under chairmanship to PSA to Government of India; Rahul Kulshreshtha, Strategic Alliances – Office of the Principal Scientific Adviser to the Government of India; Aditi Kare-Panandikar, MD, Indoco Remedies; Anand Swaroop, President, Cepham Inc; Rajaram Sankaran, Chief Strategy Officer – India, Torrent Pharmaceuticals; Shriram Balasubramanian, Director Marketing and Business Development, Zuventus Healthcare and Amit Srivastava, Chief Catalyst, Nutrifytoday.com were the participants in this round table moderated by Viveka Rowchowdhury, Editor, Express Pharma & Express Healthcare.

As the experts dived deep into the challenges in this field and the measures needed to enhance ethical standards in nutraceutical research, industry practices, and use, they also examined how a pharma-like approach in terms of regulation, quality assessment and safety profiles could benefit the nutraceuticals industry.

This article is a summation of the inferences drawn and lessons learnt from the views, concerns and insights shared by experts on this knowledge-sharing platform. And, we understand that gaining success through ethical nutraceuticals will largely hinge on the following factors:

◆ A clear and comprehensive regulatory framework: Experts emphasised that it is inadvisable to let nutraceuticals evolve without a clear regulatory framework since the lack of uniform, consistent or standardised regulations can prove detrimental to arrest the growth and adversely impact the credibility of this segment. Therefore, creating a separate set of laws and regulations to guarantee that nutraceutical products are safe, efficacious and meet high standards of quality is very critical. They asserted that strict guidelines and improved techniques must be adopted to ensure that there is enough evidence to validate the health claims made by different products, especially in terms of purity and safety. Discussing various aspects of dietary supplements, nutraceutical supplementation and pharmacological nutrition, experts stressed that while there have been some measures to improve the regulatory landscape in nutraceuticals, there are limitations and bottlenecks to overcome.

◆ A centralised regulatory body: Underpinning the importance of single-point ownership in the nutraceuticals sector, the experts pointed out that as the sector has often come under the ambit of different regulatory bodies like FSSAI, AYUSH, DCGI, MoFPI etc, grey areas continue to dog the progress of the sector. Time and again, there has been a call for setting up a centralised authority or creating a body like Pharmexcil to integrate government bodies to serve nutraceuticals. As the experts at this round table also discussed the need for such a centralised body, Srivastava, who was part of a meeting held by the Nutraceutical Task Force, informed that the formation of a nutraceutical panel in the Ministry of Commerce to ensure a nutraceutical industry-specific agenda is underway.

◆ Robust R&D and manufacturing policies: Speaking on the need for policies and regulations-led interventions to ease the growth of this industry, stakeholders of the pharma and nutra industry also discussed the value of incentives to encourage research in ingredients and formulations to drive ethical nutraceuticals. Apart from addressing the need to design and implement policies that encourage product standardisation, minimise product adulteration, and ensure that recommended daily allowance (RDA) and Tolerable Upper Limit (TUL) are met, the experts also discussed how the government’s plan to introduce a Research Linked Incentive (RLI) Scheme and Production Linked Incentive (PLI) scheme in nutraceuticals could give an added impetus to the sector’s growth by enabling sizeable investments.

◆ A robust nutrivigilance system: The experts at the round table unanimously believe that indiscriminate access and consumption of nutraceuticals without the support of the medical fraternity could turn into a huge health disaster. This view is supported by studies published in reputed journals like PubMed and BMJ that reveal that over 30,000 patients annually are admitted to the emergency ward due to the adverse impact of nutraceuticals. This, in turn, led to a discussion on the role and importance of a surveillance system akin to the pharma industry to monitor and record adverse events associated with nutraceuticals. The experts at the round table vociferously supported setting up a dedicated nutrivigilance system which can promote and implement a systematic, scientific and consistent approach to assess the risk–benefit ratio of nutra products, build up scientific evidence and proof of concepts, as well as initiate and chart risk alleviation strategies.

◆ Evidence-based practices: The dearth of precise scientific data or raison d’être for the use of dietary supplements and nutraceuticals can have an adverse impact, caution industry experts. They recommend stringent guidelines to collect and propagate validated data on the safety, efficacy and claims made on the labels of nutraceuticals products. Long-term studies for clinical validation of ingredients or formulations in nutraceuticals, effective approaches to understanding the toxicology of active ingredients, interactions between drugs and dietary supplements, purity, and bioavailability of nutraceuticals etc are also imperative to drive ethical growth in the sector. Drawing comparisons between R&D and manufacturing practices in the pharma and nutra sectors, the experts said that nutraceutical manufacturers should ensure that only potent ingredients with the right dosages backed by clinical studies are used in their products. Better standardisation, cGMP practices and evidence-based approaches to ensure better product quality, stability, functionality, safety, solubility and acceptance among patients will be vital to the advancement of this sector. This, in turn, will help the nutra sector deal with increased scrutiny and surveillance from global regulatory agencies as well.

◆ Effective use of technology: Emerging technologies will play a crucial role in shaping the discovery, design and development of responsible and ethical nutraceutical products, opined the panellists at the first edition of Express PharmaNutrify Today Board Room series. They also examined how technology can be leveraged and effectively deployed to provide specific dosages and ingredients as per patients’ varying needs. For instance, AI can be deployed to select ingredients by matching data points from studies on nutrition and nutraceuticals and provide insights into commercial patterns, industry trends, etc. Automation and IIoT can enhance efficiency, cut costs and get products to market faster. A case-in-point discussed at the round table was Torrent Pharmaceuticals;’s NutrifyGenie, an AI-powered engine that can prioritise safety, efficacy and traceability in nutraceuticals.

India Pharma Inc’s tryst with nutraceuticals

Thus, amid the clarion call for better regulations, a clear road map and empirical data to validate claims of efficacy and safety made by the slew of products entering the market to build a clear and robust roadmap for the nutraceuticals sector in India, India Pharma Inc, backed by its science and research-oriented approach, has several comparative advantages when it came to nutraceuticals. Especially, since ensuring transparency and ethical approaches to making and marketing nutraceuticals will be pivotal to the long-term growth of the sector.

However, over the last few years, the pharma industry’s forays and experiments with nutraceuticals have evinced a mixed bag of results. The sector looks at the nutraceutical segment as an avenue to expand product portfolios by leveraging scientific credibility. But, the excitement to leverage the growth potential in nutraceuticals has been countered by challenges like the lack of an effective approach/guideline for clinical proofs, clinical trials, factory audit standards, bioactive standardisation, method validations, etc.

Companies like Dr Reddy’s, Sun Pharma, La Renon, and Zuventus have made sizeable investments and witnessed noteworthy growth in their nutraceuticals portfolio, but many others are still struggling to find the best approach to succeed in this space.

But, armed with the right partners and a robust entry strategy, the nutra space offers a great opportunity for the pharma sector to fill gaps for certain health conditions and problems, improve profit margins, increase customer base and grow in new markets.

However, pharma players, industry bodies and policymakers need to align and adopt a cohesive approach to bring more clarity to this industry and make it mainstream to make the most of its tremendous potential.

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India is set to become a major player in the global nutraceutical industry, with a projected $100 billion valued market by 2030. But nutraceuticals lack the oversight of pharmacovigilance, a practice that is commonplace in pharmaceutical studies to ensure safety and efficacy of products before they are launched to retail consumers.

In this video, Amit Srivastava, Chief Catalyst, NutrifyToday.com talks about his transition from pure play pharma to setting up BioValley Incubation Council, Visakhapatnam, Andhra Pradesh, which could become the world’s largest nutraceuticals hub.

Taking the learnings from Biovalley he set up NutrifyToday.com, which democratises the journey from nutra innovation to commercialisation.

Success stories like NanoVeda are proof that NutrifyToday.com‘s model of showcasing and connecting evidence-backed nutra innovators to players across the world works very well indeed.

The post An AI-powered catalyst to pivot India Nutra Inc to the next level: Amit Srivastava, Chief Catalyst, NutrifyToday.com appeared first on Express Pharma.

The first edition of the Express Pharma – Nutrify Today Boardroom series was held on February 17, 2023, at St Regis, Mumbai to offer a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

An eminent panel of experts and leaders from the pharma sector came together to explore approaches to build an ecosystem for developing, scientifically proven, evidence-based nutraceutical products. They also dived deep into the challenges in this field and the measures needed to enhance ethical standards in nutraceutical research, industry practices, and use.

In this video, one of the participants, Anand Swaroop, President, Cepham Inc talks about his transition from pharmaceuticals to nutraceuticals. As regulatory agencies turn a more critical gaze on this sector too, he reiterates that pharma companies are best suited to excel in nutraceuticals.

The post A nutra success story: Anand Swaroop, President, Cepham Inc appeared first on Express Pharma.

The first edition of the Express Pharma – Nutrify Today Boardroom series was held on February 17, 2023, at St Regis, Mumbai to offer a platform for meaningful dialogues on the vast ocean of opportunities for the Indian pharma sector to be reaped in nutraceuticals, provided the right course is set for long and sustainable growth.

An eminent panel of experts and leaders from the pharma sector came together to explore approaches to build an ecosystem for developing, scientifically proven, evidence-based nutraceutical products. They also dived deep into the challenges in this field and the measures needed to enhance ethical standards in nutraceutical research, industry practices, and use.

In this video, one of the participants, Shriram Balasubramanian, Director Marketing and Business Development, Zuventus Healthcare talks about his company’s strategy for the nutra sector. One of the key elements of their success story is the groundwork that went into curating the scientific and medical information that goes into formulating their nutraceutical products

The post A nutra success story from India: Shriram Balasubramanian, Zuventus Healthcare appeared first on Express Pharma.

India is set to become a major player in the global nutraceutical industry, with a projected $100 billion valued market by 2030. But nutraceuticals lack the oversight of pharmacovigilance, a practice that is commonplace in pharmaceutical studies to ensure safety and efficacy of products before they are launched to retail consumers.

NutrifyToday’s NutrifyGenie, a ground-breaking AI-powered engine designed to facilitate the development of ethical nutraceutical formulations, hopes to cut time to market and deliver products fit for global regulatory and safety standards.

In this video, Amit Srivastava, Chief Catalyst, NutrifyToday.com explains how NutrifyGenie, which helps turn ideas into commercially successful nutraceuticals backed by scientific evidence, offers a value proposition for ethical nutraceutical development.

For more information, see the report: https://www.expresspharma.in/nutrifygenie-set-to-catalyse-mission-100-billion-nutraceutical-india-by-2030/

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