Many medicine exporters make big money out of export business since in countries like US, medical treatment is costly and hence there are a lot of buyers of cheap medicines coming from countries like India.
While recent advances in chemical production have allowed some chemical compounds to be produced at laboratory scale via automated systems, the chemputer is underpinned by a new universal and interoperable standard for writing and sharing chemical recipes.
The Brooklyn-born entrepreneur became known as the "Pharma Bro" in September 2015 after founding Turing Pharmaceuticals, buying the anti-parasitic drug Daraprim and raising its price by 5,000 percent to $750 per pill.
An international team of researchers, including from India and Bangladesh, has developed a cost-effective method of converting non-edible agricultural biomass, such as jute, or the waste by-product from food crops, into commercially valuable chemicals for food and pharmaceutical companies. Researchers from the University of Wollongong (UOW), working with colleagues in India, Bangladesh and Taiwan who […]
The Central Drugs Standard Control Organisation has proposed charging a licence retention fee from drug manufacturers and chemists instead of the current renewal process; the fee for medical devices is expected to be in the range of `100-50,000.
Over the last few years, clinical trials in India slowed down amid tedious court litigation and rising protests from health activists on issues related to informed consent and compensation norms, an official statement said.