Friday, 3 December, 2021
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Topic: Pharmaceutical industry

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%.
Medicines (Representational image) | ThePrint

Cheston cold, Candibiotic, other painkillers among 324 cocktail drugs that could be banned

Commonly-sold cold and flu medicine such as Cheston Cold, ear drops Candibiotic and painkiller Etogesic among list, pharma industry wants those who prescribe FDC to judge efficacy.
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’.
Representational image | Pexels

‘Prescription audit’ soon to assess use of drug cocktails in India and check over-medication

Drug price regulator's decision comes amid increase in approvals to fixed dose combination medicines or drug cocktails that it says could pose health hazard.
Representational image of medicines

Budget gives 200% boost to pharma sector as govt looks to curb dependence on China

Budget 2021 sets aside Rs 124.42 cr for initiatives aimed at 'Development of Pharmaceutical Industry'. In comparison, Budget 2020 set aside Rs 42.05 cr for the scheme.
Anuradha Gupta, deputy CEO of Gavi | By special arrangement

Indian vaccine makers excellent example for lower income countries, Gavi deputy CEO says

Anuradha Gupta, deputy CEO of Gavi, the global vaccine alliance, tells ThePrint India is crucial for the global Covid vaccine response.
Medicines | Representational image | Pexels

Watchdog on pharma ethics violations says it has no such power in RTI reply, takes U-turn later

NPPA has been seeking reports from industry bodies on complaints regarding violations of the self-regulatory mechanism meant to discourage pharma malpractices. But it said in reply to an RTI query that this isn't part of its mandate. 
Representational image. | Photo: Pixabay

India could need 33 lakh dexamethasone pills by 15 Aug, govt takes stock with pharma firms

Government has directed manufacturers to ensure adequate production of Covid drugs dexamethasone, methylprednisolone and enoxaparin.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.