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Market players should follow rules, Zagade tells IDMA meet on product regn
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Saturday, 11 May, 2013, 08 : 00 AM [IST]
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Priyanka Dhomse, Mumbai
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fiogf49gjkf0d The IDMA (Indian Drug Manufacturers' Association) Nutraceutical Subcommittee organised a conference - Product Registration Under FSSAI - Knowhow & Challenges – here on Friday.
The conference was aimed at both the nutraceutical as well as pharmaceutical sectors and most of the presentations that were a part of the conference pertained to topics related to these sectors.
The conference also included those who were engaged in marketing of nutraceuticals, churning up options for specific healthcare problems.
According to IDMA, in 2006, FSS (Food Safety & Standards) Act was implemented and with that many complex issues pertaining to transition from PFA (Prevention of Food Adulteration Act, 1954) to FSSA were tackled.
The beneficial role of nutra products or nutraceuticals is taken into consideration by healthcare specialists and the consumers looking at the fact that the Indian market valued at $1,480 million (Rs 7, 400 crore) in 2011 is estimated to grow to $2,731 million (Rs 13, 655 crore) by 2016, it was pointed out at the conference.
Mahesh Zagade, food safety commissioner, FDA, Maharashtra, Mumbai, who chaired one of the sessions, said, "The nutraceutical and pharma markets are emerging, but market players should follow the rules. If you do so, you will not meet with obstacles and face issues as those who do not abide by the rules, their licences are cancelled."
Delegates and speakers like R S Gadgil, director, Energya Nutrition; Priti Mohile, MD, MediaMedic Communications; Rajendra Gupta, chairman, Government Industry Dialogue, and president, Disease Management Association of India, Navi Mumbai; Ganesh Kamath, director, Vital Nutraceuticals; and Dr Baidyanath Mishra, GM, medical and regulatory affairs, Olive Lifesciences Pvt. Ltd; spoke on topics like nutritional supplement market, accessibility, awareness, affordability, assurance, consumer attitude to nutraceuticals, advertising the sector through social media, and problems faced by nutraceuticals industry.
On the second day of the conference on Saturday, focus will be on emerging issues related to the two sectors. Delegates like Dr R K Sanghavi, chairman, nutraceutical subcommittee, IDMA; and Pradip Chakraborty, director, product approval, FSSAI; will be present. There will be Vox Populi to clear the queries by participants.
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