Trump had announced that non-patented drugmakers would have two years to move production to the US or face a 100% import tariff, which would double a year later.
US to impose no tariff on generic pharmaceutical goods initially, before hiking to 200%. Announcement set to impact India as US accounts for third of pharma exports from nation.
Several leading Indian drugmakers have already secured regulatory approval or recommendations to produce and market generic versions of the weight loss drugs in India.
Spooked by US president's threat, several Indian pharma players lobby for blanket duty waiver on drugs coming from America, with chunk of their earnings hinging on exports to the country.
Launched in 2015, the AMRIT pharmacies, a flagship initiative of the Ministry of Health and Family Welfare, offer a broad selection of generic and life-saving branded drugs, implants, and surgical supplies at heavily discounted prices.
Leading drugmakers express apprehension over CDSCO’s proposal to permit generic alternatives for key medications, emphasizing the risk of compromised drug quality.
Patent expiry would mean that drugmakers will be able to launch generic versions of the blockbuster drugs, which are typically priced up to 90 percent lower than their innovator drug.
New Delhi: On 18 April, Mumbai-headquartered Marksans Pharma, a drugmaker that supplies generic drugs in over 50 countries around the world, received form 483,...
Project follows outcry over NMC rule, now on hold, asking medical practitioners to prescribe generics or face penalty. Dr Cyriac Abby Philips or ‘@TheLiverDoc’ part of project.
Rule part of Registered Medical Practitioner (Professional Conduct) Regulations, 2023. Opponents include Indian Medical Association, but some see it as a move in the right direction.
N Chandrasekaran’s exit announcement has left many people at Air India feeling insecure about the future, the last thing the airline needs at the moment.
NSFDC beneficiaries fell from 1.18 lakh to 61,394 in a year as a Parliamentary panel flagged no fresh equity, nine board vacancies and weak state agencies.
It is reliably learnt that Airbus, which had initially offered its A400M, is likely to sit it out since its aircraft outweighs requirements with payload capacity of 37 tonnes.
It’s evident Bhagwat was watching from a distance and was worried about youth’s anger towards Modi govt. The first thing he did was to demolish any criticism of Gen Z protesters as anti-national.
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