Analysts said that the US President Trump’s latest executive order on drug price control could indirectly discourage Indian drug makers from pursuing specialty business in America.
India's generic drug industry is estimated at about USD 25 billion and the country exports 50 per cent of its produce.
The market grew by just 3.5 percent in November 2023. Lower price hikes and competition from generics are the main obstacles to higher growth
Doctors claimed that prescribing generic drugs without ensuring their quality and safety could compromise patient care and outcomes, and expose them to legal and ethical risks
They said the regulation barring doctors from attending conferences sponsored by pharma companies warrants reconsideration and also demanded that associations and organisations should be exempted from the purview of NMC guidelines.
Its large presence in India's branded generic drug market exposes it the most to a risk from trade generics. But other major pharma companies are at risk too
While drug sales continue to grow at a healthy pace the market is seeing higher competition from trade generics
The approval by the US Food and Drug Administration (USFDA) is for manufacturing and marketing of Azithromycin tablets 500 mg strength, Zydus Lifesciences said in a regulatory filing.
The drug can be used for majority of the patients suffering from type 2 diabetes
Novartis (NOVN.S) announced on Thursday that it intended to spin off its generics division Sandoz in order to narrow its focus on its patented prescription drugs.
Having seen an exponential rise in the number of outlets opening since 2015, the government, through Jan Aushadhi Kendras, aims to make the quality generic medicines available to every citizen
These stores, that sell, generic medicines are already operational in 739 districts of the country
Apart from securing the support of ASEAN nations for the global intellectual property waiver for COVID vaccines, the move is also aimed at pulling closer the traditional partners in the bloc, who have become close to China, sources say
His advice to young leaders: "Focus on relationships and building trust with your customers, your partners and your employees."
Moneycontrol’s Shraddha Sharma talks to Viswanath Pilla to know more about the debate and if there are solutions to it.
Lupin was named as a defendant with respect to 11 generic drugs for alleged price manipulation.
Cipla’s launch of a blockbuster drug made by Amgen even while litigation is ongoing is a risky affair. Here’s why Cipla may have taken a calculated risk
The US FDA has been driving generic drug approvals under its current commissioner. His resignation raises a question mark on whether life could change for Indian pharmaceutical companies
MSF said the unhealthy nexus between doctors and pharma companies encourages over prescription of expensive medicines.
As global drug makers are exiting low priority brands, their Indian counterparts are lapping up the opportunity buying established products at perhaps low valuations.
There's no end in sight for the Indian pharmaceutical industry's struggles with domestic and foreign drug regulators. It's true that quite a few companies have received clean chits from regulators in the US, UK and Europe. However, at the same time, new issues have also been cropping up with disturbing frequency.
Analysts predict Q3 to be a tough quarter with revenue growth moderating to 11.7 percent in October-December period compared to 18.4 percent compounded annual growth rate (CAGR) over last 10 years
HYDERABAD (Reuters) - Vasudeva Prakash left his job as a mechanic in Hyderabad three years ago for what he calls a more lucrative career: taking part in clinical trials on generic drugs.
Appaji said the country exports its one-third pharma products to US alone. "But we are looking at more opportunities in Japan and Latin American markets," he said.