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An Insight Into Entrepreneurship - Event by Ace Web
Academy in collaboration with TASK
Hyderabad, Jan 29, 2020 (Issuewire.com) - AWA in Collaboration with TASK (Telangana Academy
for Skill and Knowledge) presented an informative workshop offering individuals an insight into the world
of entrepreneurship and business excellence.
Venue: Sri Venkateshwara College of Pharmacy, Hyderabad.
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Month: December 2019
Speaker: Mr. Arun Bijjala
CEO – Converge Biotech Pvt. Ltd.
“Entrepreneurship is neither a science nor an art. It is Practice.” – Peter Drucker.
Introduction about AWA:
Ace Web Academy (AWA) is a top IT and digital marketing training institute located in Telangana &
Andhra Pradesh (A.P.). With a team of 30 highly skilled and qualified web development and training
professionals, we provide you with the best services along with other miscellaneous web-based
solutions to solicit your business goals.
Ace Web Academy (AWA) conducts comprehensive workshops and webinars as required by the
students who are willing to learn and find their career paths.
Last month (December 2019) we conducted a seminar on “An Insight into Entrepreneurship” hosted at
the Sri Venkateshwara College of Pharmacy, Hyderabad. The crux of the seminar was to enlighten and
engage with students aspiring to become entrepreneurs along with all the nuances faced in this field.
About Sri Venkateshwara College:
Sri Venkateshwara College of Pharmacy imparts high-quality education in the field of
Pharmacy. They have programs starting from Diplomas to Ph.D. with state-of-the-art
facilities, highly experienced professors and faculty members along with a well-maintained
infrastructure.
About the Speaker:
Mr. Arun Bijjala, a post-graduate in Microbiology, is a result-oriented professional with over 19 years of
experience spanning marketing, sales, business development, and team
management. As a speaker and mentor at the seminar, he highlighted and touched base
upon different areas of entrepreneurship and pharmacy that will help students excel in the
market.
The salient points that were covered in the seminar –
Health Statistics in India
India has the 2nd highest population in the world. The life expectancy of individuals has
significantly gone up since the 1970s. The country continues to battle child malnutrition but has seen a
drop in female infanticide over the years. The major concern in India today is the accessibility to modern
medication in rural areas or the more uneducated parts of the country. A pharmacy can contribute to the
growth of health in India.
Healthcare provider ecosystem
Healthcare provider ecosystem includes pharmaceutical companies, data science, devices,
hospitals, payers, professional medical associations, employers, quality organizations, patient
advocates and the middle of all this lie the patients, their families, and caregivers.
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Pharmaceutical ecosystem
A pharmaceutical ecosystem consists and is supported by various factors that influence its
well-being and functioning. From high-quality universities, university spin-offs, hospitals,
specialized CRO/CMO, excipient suppliers, regulators, and patients. The ecosystem is a wide network
of all these crucial factors that contribute to the success of the pharma industry.
Market status in India in relation to Pharmacy
In 2017, the Indian Pharmaceutical industry was valued at US$ 33 billion and is expected to grow at a
whopping 22.4% CAGR to reach US$ 55 billion. India’s pharmaceutical export stood at US$ 17.27
billion and is expected to cross US$ 19 billion in 2019.
State of healthcare in India
From Demographic transformation to changing disease profiles, increased penetration of
private players to the influx in medical tourism, increasing affordability with the new government
schemes and projects to increased health awareness; India has seen a paradigm shift in multiple
parameters of healthcare over the past few years.
Booming Healthcare Market in India
The healthcare market has the potential to grow threefold by 2022 reaching Rs. 8.6 trillion. This is being
a reality by breakthrough innovative technologies in the pharmaceutical industry. The use of IoT and AI
will contribute to the awareness about the benefits of technology-aided medication and help patients
track their healthcare better. From ordering medicines via online platforms of mobile based apps to
complete health diagnostics on your mobile or smartwatches, apps about pharma-chemicals /
medicines, etc. there is a great boom in the healthcare market in India.
Opportunity after education
You may be at a crossroads after completing your education in Pharmacy. But there is huge potential for
budding pharmacists in many fields. From working in a pharmacy to starting out on your own, continue
with further education, etc. you have a lot to achieve. Every year there are a whopping 4L pharmacy
students who graduate from 3850 colleges in India. Learning how technology can assist you to grow in
this field will be an added advantage.
Scope created for pharmacy studies
Pharmacy studies can contribute and open up various avenues of growth and success. From becoming
an entrepreneur in getting into the field of teaching, production, research,
pharmaceutical marketing, Govt. jobs, etc.
Entrepreneurs
As an entrepreneur, you can diversify into large and small scale production, owning a retail or wholesale
shop or get into repackaging, product management, ayurvedic medication
production, start a self-analytical lab, contract-based research and much more. As an
entrepreneur, getting the right start with the help of a good mentor will help you succeed in this field.
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Future Vision
The healthcare industry is only set to grow and expand in the coming years. The vision for
the future contributes to how we understand the use of technology and its driving factors to succeed in
the healthcare industry. We aim to help students to become future-ready and geared with the right
knowledge and expertise.
Media Contact
Ace web Academy
Hello@Acewebacademy.Com
07660966660
Ace Web Academy, First Floor, 3-6-327 & 328, Doshi Chambers, Basheer Bagh, Land marks :, beside
Commissioner Office, Hyderabad, Telangana 500029
Source : Ace web Academy
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