The memorial lecture was instituted in 2001 in memory of the former Deputy Director of BITS Pilani. This year, the lecture was conducted on 9 January 2009 with Welcome Address by Dr. R Mahesh, Pharmacy Group Leader. Dr. L K Maheshwari briefed Prof. B M Mithal’s contribution in making BITS Pilani as one of the top ranking universities in India. The speaker for the day was Dr. S K Kulkarni who is a distinguished professor of Pharmacology from University Institute of Pharmaceutical Sciences, Punjab University, Chandigarh. He captured the attention of the audience by speaking about the Issues and Challenges pertaining to discovering drugs from Natural Sources. He also highlighted the fact that India is undoubtedly a destination for Pharmacy and Clinical Research. The lecture ended with the distribution of awards for the best students in Pharmacy.