Sudarshan Jain, Secretary-General, Indian Pharmaceutical Alliance and Senior Advisor, APAX Partners, India
Secretary General, Indian Pharmaceutical Alliance (IPA), Senior Advisor, APAX Partners, India
Have you ever noticed the puzzling fact that every product in the country has a barcode but medicines don’t?
In this episode, Ashutosh Garg engages in an insightful conversation with Sudarshan Jain, Secretary-General of ‘Indian Pharmaceutical Alliance’. This alumnus of St. Stephens, Delhi, is a leading figure in the pharmaceutical sector of India and a maestro of the same discipline.
Sudarshan shares the challenges he faced during the inception of his glorious career. He then proceeds to analyze the role played by IPA in maintaining the health of an entire nation. He talks about the hurdles faced by the industry over time, solves the enigmas about drug export, analyzes the influence of e-pharma, and answers the most vital question- ‘Why is it that IPA does not invest so much money in research and development?’
“The game cannot be only on discounts. It is a fallacy. If you keep on giving discounts, you’ll keep on pleading and you would not survive for long”- Sudarshan Jain
Sudarshan has a strong passion for healthcare and the education sector. He is currently the Secretary General of Indian Pharmaceutical Alliance (IPA), Senior Advisor with APAX Partners and is also a Board member of multiple organizations. He has served in several leadership positions over the years and was earlier the Managing Director at Abbott Healthcare Solutions. Sudarshan has a rich healthcare business experience of over 40 years which includes stints in Abbott, Johnson & Johnson and leading Indian companies. He has got extensive experience in field force management, brand building and overall business operations in healthcare companies. He has been associated with over 30 brands which are among the top 300 in the Indian Pharmaceutical industry. His experience covers Pharmaceutical, OTC, Hospital, Diagnostic & Nutrition business. He has received number of recognitions for his contributions within the company, with academic institutions and with industry associations. He is the first Indian recipient of the Global Chairman’s Award at Abbott. Sudarshan has also served as Vice President of Organization of Pharmaceuticals Producers of India (OPPI) representing research based pharmaceutical companies. He is currently the member of the Board of Abbott India, Healthium Limited (APAX portfolio company), Zandu Chemicals Limited,Indian Institute of Health Management Research, Jaipur, member of the Advisory Board of Narsee Monjee University, Mumbai (NMIMS), Board Member of Indian Education Society (IES) and Charter Member of The Indus Entrepreneurs, Mumbai (TiE). He is a Certified Executive Coach from Coaching Foundation of India. He has also contributed in shaping the healthcare policy and improving access to healthcare in India.