India pharma sector

INDIA PHARMA SECTOR NEWS

Indian pharma industry to log in 8-10% revenue growth this fiscal: Crisil

September 11, 2023 2:12 pm

A study of 186 drug makers, which accounted for about half of the Rs 3.7 lakh crore annual revenue of the sector last fiscal, indicates as much, Crisil said on Monday.

India to consider new drugs bill to regulate imports, manufacturing

July 14, 2023 7:51 pm

The bill is aimed at ensuring "quality, safety, efficacy, performance and clinical trial of new drugs..".

US Pharma giant to set up global R&D headquarters in Ahmedabad

December 23, 2020 7:01 pm

Currently, Baxter has a research and development and information technology centre in Bengaluru and a manufacturing unit in Ahmedabad, where the company is manufacturing generic injectables.

HealthMin plans crowdfunding platform to help treat rare diseases

January 14, 2020 3:47 am

The draft National Policy for Rare Diseases proposes a digital platform for bringing together notified hospitals with such patients and prospective donors.

Day after key diabetes drug goes off patent, 20 generics send prices down by up to 70%

December 11, 2019 4:36 am

Vildagliptin, which belongs to DPP-4 class of drugs, was launched in India in 2008 for treating type-2 diabetes.

Wockhardt taken to NCLT over unpaid dues worth Rs 1.55 crore

October 22, 2019 3:31 am

Wockhardt’s payables have been on the rise over the last three years, with the company reporting over Rs 800 crore in trade payables at the end of March 31, 2019.

Drug regulator flags Piramal’s Supradyn, KAPL’s painkiller as ‘not of standard quality’

August 15, 2019 4:36 am

Central Drugs Standard Control Organisation this month labelled these batches as “not of standard quality” for failing tests conducted in July.

US FDA finds quality, data issues at Dadra plant of Sun Pharma

April 25, 2019 2:42 am

Sun Pharma got Form 483 which is issued when investigators observe conditions they deem to be violations of US drug regulations.

‘Despite ban, motion sickness medicine buclizine being sold as appetite stimulant’

March 29, 2019 3:19 am

The findings have caused a public health activist to urge the Delhi High Court to direct the government to initiate “criminal” proceedings against the medicine’s manufacturer — Mankind Pharmaceuticals Ltd.

Drugs and medical devices: ‘Price cap helped patients save around Rs 15,000 crore’

November 21, 2018 6:35 am

According to the estimates of the National Pharmaceutical Pricing Authority (NPPA), patients across the country have saved around Rs 15,000 crore under the government’s initiative of ensuring affordable, quality medicines for all, Minister of State for Chemicals and Fertilisers Mansukh L Mandaviya said in a statement.

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