Wednesday, 6 July, 2022
TopicPharmaceuticals

Topic: Pharmaceuticals

Once a Covid ‘wonder drug’, Remdesivir’s sales hit low in Nov, didn’t soar again with 3rd wave

Rs 6.4 cr worth of Remdesivir was sold in November, and Rs 12 cr in December, compared to Rs 287 cr in April 2021. Doctors say milder cases and better understanding is reason why.

Drugmakers cry ‘monopoly’ as Modi govt picks 1 firm each to make over 20 key raw materials

PLI scheme is supposed to end India’s dependence on Chinese imports, but drug lobby says firms could end up dependent on one company for a molecule, increasing patients’ bills.

Swiss study links higher-dosage paracetamol tablets to poisoning

Based on the findings, researchers from ETH Zurich have said people should not keep popping paracetamol tablets if the recommended dose fails to ease their pain.

Drugmakers want Modi govt to defer revision of essential medicines list, cite Covid crisis

Drugmakers have also requested the government to consider ‘essentiality’ of the drug, and not its ‘turnover’, as the criterion for inclusion under NLEM.

Kodak is becoming a pharma company, and investors are loving it

The photo company is attempting to enter a low-margin commodity market with no particular advantage outside of the Trump administration's industrial policy.

Punjab Police busts ‘Agra gang’ supplying pharma opioids worth lakhs to 11 states

Punjab Police have arrested 20 people with allegedly a huge cache of drugs, drug proceeds and five vehicles, in an operation that spanned over 8 weeks.

Bought for Rs 9, sold at Rs 108 — uproar in Punjab as activist reveals ‘big chemist profits’

Baljinder Singh Jindu’s ‘expose video’ has earned them the wrath of the state’s chemists and a Punjab govt probe, and many supporters too.

Hold up of Chinese imports disrupting Covid medical supplies: Pharma export body ‘SOS’ to govt

Pharmexcil, the apex pharma export body, has written to the Department of Pharmaceuticals seeking govt intervention, saying drug makers are facing acute disruption in manufacturing.

Why India saw only 4 pharma products launched in April, its lowest count ever

The pharma industry has seen a fall of about 99% in new product launches since April 2019, when 349 products were launched.

Govt removes restrictions on exports of formulations made from Paracetamol

The government on 3 March had put export restrictions on 26 pharmaceutical ingredients and medicines, including paracetamol.

On Camera

YourTurn

(L-R) Joe Biden, Xi Jinping, and Narendra Modi | ThePrint

India has interests on both sides of US-China divide. Cold War holds clues for path ahead

India’s strategic balance is weighted towards the West and its economic balance is towards China. But it needs more to build a multipolar world order.
Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

Army puts out tender for 30k ‘night sights’ so its US-made assault rifles can aim better in dark

While an open tender has been issued for procurement of the optical instruments, Bengaluru-based firm Tonbo Imaging, whose services the Army has previously used, is a frontrunner.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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