The Drugs Controller General of India (DCGI) recently issued a notice, mandating companies to introduce their products in the market within the specified period, to ensure safety and efficacy.According to the Drugs and Cosmetics Act, for any new drug, pharmaceutical firms should file a periodic safety update report (PSUR) every six months, for the first two years, after getting approval from the DCGI.
For the subsequent two years, PSUR needs to be filed annually. This enables authorities to monitor the safety and efficacy of a new drug in a post-marketing scenario for four years, after which it no longer remains a new drug.
"It has been observed many times that manufacturers do not launch the product even after years of getting approval from this office and the manufacturers do not submit the required PSUR, while the drug does not remain a new drug after a period of four years. Therefore, the assessment of safety and efficacy of such a new drug in a post-marketing scenario remains incomplete," the DCGI wrote to state drug controllers, asking them to cancel permission to manufacture such drugs in case the company fails to bring the medicine to market in time.
"It has been decided in public interest that in case an applicant/manufacturer fails to launch the product for marketing in the country within a period of six months from obtaining the permission or license, the permission/licence will be treated as cancelled," said the DCGI in the letter, a copy of which is reviewed by Business Standard.
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