India now accounts for nearly 16% of US imports of finished retail drugs
Pharmexcil, the sector's leading export body, said it is prudent to stay prepared for any future policy shift and build risk-mitigation strategies.
Adverse drug reactions cause millions of hospitalisations annually, yet remain underreported in India. When it comes to the side-effects of drugs, self-help may become necessary. Greater awareness, education, and transparent communication are vital for ensuring truly patient-centric healthcare
Trump signed an executive order aimed at reducing approval times for pharmaceutical plants in the country. The order directs the FDA to reduce approval times for domestic pharmaceutical manufacturing plants by eliminating unnecessary requirements. He also said there will be a few major announcements in coming weeks regarding the costs of drugs and medicines.
Replacing Indian APIs will be tough for Pakistan as these cost a fraction of the cost of Western suppliers and replacing Indian drugs will take months of testing and registering new sources before it can be greenlit for use.
Initial data from a human clinical trial suggests an experimental drug from Verve Therapeutics that uses gene editing to permanently lower cholesterol raises hopes that people can one day trade daily lipid-lowering pills for a one-time treatment
Consumers and patients are advised to be careful and only procure the medical products from authorised sources with proper purchase invoice
The counterfeit medicines were carrying labels of reputed brands like Augmentin, Pan-D, Pantocid DSR, Urimax-D, Clavam etc, according to an official.
Structurally the game is changing for domestic pharmaceutical companies. The government has taken many initiatives to bring down the cost of treatment for patients by opening up the generic market
A Bloomberg News analysis of the Food and Drug Administration databases found 19 drugs with accelerated approvals whose confirmatory trials are still listed as delayed as of April. That includes studies that are past their official due dates as well as trials running behind schedule
As per the US health regulator's latest Enforcement Report, the US-based arm of Sun Pharmaceutical Industries is recalling a generic drug indicated to raise blood pressure in adult patients with acute hypotension.
The request came during the three-day visit to India by Ukraine's Deputy Foreign Minister Emine Dzhaparova, when she met the junior foreign minister, Meenakshi Lekhi, a statement from the Indian foreign ministry said.
In a letter, Drugs Controller General of India (DCGI) Dr Rajeev Singh Raghuvanshi sought strict implementation of section 42 (a) of the Pharmacy Act 1947 and Rules 65 of the Drugs and Cosmetics Act 1945 in retail pharmacies.
Recent international incidents related to cough syrups exported from India raise several questions about the industry and regulatory oversight
India supplies about 50 per cent of all of Africa's demand for generic medicine, 40 per cent of USA's need for generic medicine and 25 per cent of the UK's requirement of all medicines, Sitharaman said at the 35th annual convocation of The Tamil Nadu Dr MGR Medical University in Chennai.
The country’s abrupt U-turn on Covid Zero earlier this month surprised health experts and residents, as officials appear to have done little planning for the inevitable rise in cases that comes with reopening.
The Gurugram-based start-up, which provides e-scooters for last-mile deliveries, is looking to expand to Mumbai, Pune, Jaipur, Hyderabad, Calcutta, Chennai, and Ahmedabad, among others. It is in the final stages of raising Series B funding of $25-30 million
Indonesia has temporarily banned sales of all syrup-based medications and has been looking closely at paracetamol syrups containing toxic diethylene glycol and ethylene glycol that have been used to treat fever in children.
Customers, both caregivers and patients, will now be able to order more than 48,000 prescription medicines via the Flipkart app
Sri Lanka imports more than 80% of its medical supplies but with foreign currency reserves running out because of the crisis, essential medications are disappearing from shelves and the healthcare system is close to collapse.
The current market size of the domestic pharmaceutical industry is around $50 billion. The share of pharmaceuticals and drugs in the global exports is 5.92 percent
"It paves the way for us to bring quality paediatric formulations to the growing needs of patients in China," Fabrice Egros, president - corporate development and growth markets, Lupin, said.
Dr Tedros Ghebreyesus was speaking at the inaugural function of the three-day Global Ayush Investment and Innovation Summit at Mahatma Mandir here in Gujarat.
Foreign Office said that the time period granted for transportation of the humanitarian assistance expired on March 21 and the Government of India recently requested for extension in time period to complete the transportation process.
When the COVID-19 pandemic started, a decision was made for sale of all medicines at the GST rate between 5 and 12 per cent and the GST rate for COVID-19 related medicines and instruments has been reduced to five per cent, he said during the Question Hour.