A World of Opportunities
The world today is experiencing huge inequities in the allocation and sharing of resources amid vast political, social and cultural complexities. The life of poor family in an under-developed country is too far away from a healthy and well nourished family from North America or Europe. Especially when it comes to health, the gaps and disparity is even greater. Infectious diseases still pests the poor countries, whereas almost all of them have been eradicated from the rich countries. Moreover, the fruits of the recent advances in the medical and pharmaceutical industry are largely being enjoyed by the developed countries due to the matured research base and rich financial status.
The wonders and the promise of modern medicine today are limited to only a privileged few. Facing this challenge, the company looks forward to embrace the opportunity of bringing new advanced drugs, either discarded or very recently introduced, to the less developed markets. We address the wide gap between human need, scientific efforts and the market place. We put our efforts in a spirit of partnership and collaboration, leveraging each partner’s strength to bring the fruits of this holistic scientific endeavor available all across the globe. The unifying principle for all these initiatives is simple – every single life is important and valuable. All people should have access to the essentials of better and improved health.
Vision
The Company will serve as an effective bridge between the developed and under-developed countries in terms of breakthrough medical technology by delivering high-tech pharmaceutical products to the people most in need with a view to ensuring equity in health all across the globe.
Mission
The Company brings the latest advanced technology from the developed country, manufactures top quality products using the technology in the area of reproductive, maternal and child health and effectively delivers them to the people in developing world.
Summary Description of Operation
Pharmacon is a for-profit company identifies new advances in medical research and technology in the developed countries, especially in the areas of reproductive health, maternal and child health. Then it studies the viability and need of that high-tech product in the market context of under-developed and developing countries. If found feasible in terms of bringing in positive changes in the quality of life of the less privileged population, the company then partners with the organization who invented the technology and produces product in India at low cost using the technology. The operation largely involves working with different governments, international and national development organizations including UN agencies, donor funded programs and projects and the non-profit social marketing organizations.
Core Strengths
We are a research focused, technology driven pharmaceutical company developing and manufacturing top-quality products of latest technology.
In collaboration with the international development partners including different governments, we will deliver the products only used in developed countries to the people who would otherwise not be able to enjoy the benefits.
The transfer of technology will happen within the shortest possible time, often only a few years, rather than a situation where current market forces do not allow it to happen before decades. We will bridge the huge gap in time that is currently putting barriers to the people of the developing countries in accessing modern pharmaceutical products.
The local talents in the pharmaceutical product development and manufacturing sector will be a great asset to the company, as India contains rich human resources in the sector.
Innovative Business Model
Our business model challenges the assumption that pharmaceutical research and development is too expensive to be brought to the under developed countries. The company secures the technology transfer by partnering and collaborating with industries and researchers and through donated intellectual property and by utilizing fast advancing scientific and manufacturing capacity of emerging economics.
Legal Status
The Company is registered under India's Companies Act,1956 ( No 1 of 1956 ) and that the company is a private limited.
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