Ref: PXL/H.O./ CIR-102/2016-17 Date: 03.02.2017
All the Members of Council,
Subject: Experience Zone of Hyderabad Pharma City - Technical Sessions on Regulations and GST’s impact of Pharmaceutical Business
As informed earlier, the 14th BioAsia convention is being organized by the Government of Telangana with the support of the Council and the Federation of Asian Biotech Associations. Some of the world renowned pharmaceutical leaders will participate in the event.
Hyderabad Pharma City: I also wanted to take this opportunity to inform the members that a Virtual Reality Experience Zone of the Hyderabad Pharma City is being set up at the event to create an immersive experience of what it would be like in this cluster. The Experience Centre will showcase the full vision of the Pharma City and will allow the industries to experience key places in the city through a 360 degree simulated view. This objective is to allow the industries to see the future of the state unfold in front of them, setting new and tangible goals for their own future, and the future of Pharma Industry as a whole.
Pharma Manufacturing Conference (February 8, 2017): Also, the members are requested to participate actively in the manufacturing conference, which will cover topics of critical importance like GST and Regulations.
While it is only a matter of time before GST is in force, the session of GST with insights on how its impacting the pharmaceutical business, imports / exports, etc. is being planned. Some of the following topics will be covered:
Potential alternate GTM and distribution model to minimize material movement and tax incidences
Ways to optimize distribution network for cost-to-serve while ensuring service levels are met
Plan for sales returns and expiries to minimize tax impact
Revisit demand planning and management process to streamline production planning and dispatch schedules
Strategic planning for new capacities
For more information about the event, please click here
With best regards