Raheel Shah: Budget 2026 Boosts Pharma Innovation and Affordable Cancer Care

Mr. Raheel Shah, Business Development Director, BDR Pharmaceuticals

“The Union Budget’s focus on developing India’s pharmaceutical and biopharmaceutical sector, especially through the ‘Biopharma Shakti’ initiative with a funding of ₹10,000 crores, is a welcome and well-planned step given the shift in the country’s disease burden towards non-communicable diseases. In this context, other initiatives like the exemption of basic customs duty on certain cancer medicines and support for the import of rare diseases will also go a long way in making treatment more affordable for patients. At BDR Pharmaceuticals, we believe that this will be a major catalyst to promote innovation, enhance local manufacturing, and ensure an uninterrupted supply of quality and affordable cancer medicines.”

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