Friday, 7 May, 2021
Home Tags Pharma sector

Topic: Pharma sector

Ramipril capsules move along the production line at the Lupin Ltd. pharmaceutical plant in Salcette, Goa | Photographer: Dhiraj Singh | Bloomberg

India-China flight disruptions could hurt global pharma supply chains

The US relies heavily on India to stock its medicine cabinets, and any slowdown in output could leave pharmacies short of drugs used regularly by millions of Americans.
The Indian Ambassador to the US Taranjit Singh Sandhu | ANI

India approaches US firms seeking investment in country’s pharmaceutical, medical sector

Last week, India's Ambassador to the US Taranjit Singh Sandhu held virtual meetings with top US pharma companies, including Pfizer, and said India is seeking to encourage investments.
Representational image | Pexels

Pharma industry warns of Covid drug shortages as raw materials prices surge 200%

Pharma firms say suspension of cargo from China has resulted hoarding, driving up prices of raw materials, seek govt intervention immediately.

Faced with drugs shortage, Indian pharma asks envoy to stop Chinese cargo suspension

On 26 April, China suspended for 15 days cargo flights by Sichuan Airlines that transports medical supplies to India. India imports 70% of its pharmaceutical raw materials from China.
The India pharma industry has seen a record increase in exports, the highest growth in five years | Flikr

Demand for Covid vaccines, hydroxychloroquine pushes India’s pharma exports to 5-year high

Exports are expected to rise by over 16% this fiscal. The industry recorded less than 3% growth in 2014-15 and 2017-18. In 2016-17, there was negative growth of 0.59%.
Representational image | Pixabay

India ‘pharmacy to world’ but sector is fragmented, unorganised — foreign firms’ lobby says

Report highlights loopholes in distribution chain of pharma products, but also stresses on India’s important role in ‘promoting local and global health goals’.
Medicines | Representational image | Pexels

Cipla, Sun Pharma, Lupin on drug price watchdog’s new list of firms ‘overcharging consumers’

NPPA has issued a list of  ‘overcharging cases’ under litigation, which includes matters dating back to 1997 & those where firms have moved court against the allegations.
A pharmacy in Jammu

To boost pharma investments, Modi govt sets up panel to revamp policies & draw up action plan

The expert panel, consisting of 5 members from the industry and a govt official, has highlighted archaic labour laws & flawed definitions of fast-tracking mechanisms as hiccups. 
A pharmacy in New Delhi (representational image) | ThePrint

Govt repeats warning to pharma firms, says don’t ‘promote products in unethical ways’

In a letter to pharma organisations, govt mentioned a complaint against an event to be held by ‘Indian Psychotropic Society’. Industry members say they have never heard the name.
File photo of pills moving through a sorting machine at a pharmaceutical plant in Andhra Pradesh | Sara Hylton | Bloomberg

Govt looks to boost domestic production of raw ingredients for medicines, revises guidelines

The govt has changed certain criteria under its Production-Linked Incentive scheme that was approved in March to reduce dependence on China.

On Camera

Why Black Sea is the next battleground for the US, Russia and Ukraine

The Black Sea is bordered by Bulgaria, Georgia, Romania, Russia, Turkey and Ukraine, making it a region of strategic importance & a potential maritime flashpoint.
Dogecoin cryptocurrency | Aranami | Flickr

Dogecoin started as a joke & is now the world’s 4th-largest cryptocurrency. Thank Elon Musk

Dogecoin, greatly supported by Tesla CEO Elon Musk, now has a market value of more than $85 billion, after hitting an all-time high price of $0.69 (69 cents) a coin Wednesday.


A file photo of a Covid ward set up at an Army hospital, in Prayagraj. | Photo: ANI

Armed forces plan to hire 400 retired military doctors to assist in fight against Covid

The forces are looking to hire, on a contractual basis for about a year, medical officers who retired in the last four to five years.
Illustration by Soham Sen | ThePrint

Mayday, Mayday — How Modi govt led India into a perfect storm

Triumphalism, premature declaration of victory meant no one checked if India had enough vaccines, oxygen, remdesivir, bringing us back to a crisis where we need foreign aid after four decades.