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Friday, November 1, 2024
TopicPharmaceutical industry

Topic: Pharmaceutical industry

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.

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%.

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.

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’.

‘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.

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.

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.

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. 

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.

Depending on China for imports could threaten India’s drug security: Export council DG

Udaya Bhaskar, Director-General of Pharmexcil, says India’s over-dependence on China for its bulk drugs requirement led to fall in exports in February and March.

On Camera

Iran’s real fantasy is to take over Muslim world. Palestine is just a façade

Since 1979, Iran has used the Palestinian issue as a façade for its regional agenda to oppose American diplomacy, the Western world, and the existence of Israel.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.