With an eye on improving quality assurance in the wake of increased global scrutiny on Indian pharma products, the Centre on Tuesday said that Schedule M of the Drugs and Cosmetics Act, 1940 will be made compulsory for small and medium scale manufacturers in a phased manner. Union Health Minister Mansukh Mandaviya has asked micro-small and medium enterprises in pharma manufacturing to move towards good manufacturing practices (GMP) through self regulation. "This will help in quality assurance and also reduce compliance burden," Mandaviya.
Over the years, Khalistani extremists were further "emboldened" and started "operating with impunity" from Canada.
ustice R Mahadevan passed the interim order on a plea moved by the Chennai-based Tamil Nadu Chemists & Druggists Association seeking a direction to authorities concerned to block the links of websites that selling medicines online.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
The original list had named 349 drugs, but 15 drugs, approved prior to 1988, have been kept outside the purview of the ban
The Delhi minister also claimed that Kejriwal used to take 50 units of insulin daily before he was sent to jail.
Favipiravir is the only oral anti-viral treatment approved in India for potential treatment of patients with mild to moderate Covid-19 disease.
Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.
Jain was being tracked by detectives in London, the United States, Holland, Italy, Spain and the UAE when he was arrested in New Delhi on Sunday. Britain's Serious organised Crime Agency said Jain controlled a worldwide money laundering system that, at its height, was capable of moving $2.2 billion every year.
Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.
May offers a mix of original Web series and digital movie premieres on OTT.
The FDA Maharashtra on Friday lodged an FIR against Snapdeal.
'That is a significant milestone for us and something we aspired for.'
'It is in the interest of China and Pakistan to give a bad name to the Indian Army and remove AFSPA 'completely' from the north east.' 'Hopefully, better sense will prevail and the ground realities of the army countering insurgency in the north east acknowledged,' asserts Lieutenant General Prakash Katoch (retd).
Overall slowdown in the economy and growing volumes of unbranded generic medicines in the domestic market are behind poor sales.
Sun Pharmaceutical Industries reported a 34 per cent year-on-year (Y-o-Y) jump in net profit to Rs 2,654.6 crore in Q4FY24.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
India's pharmaceutical exports to Iran have been hit owing to depleting rupee reserves in the West Asian country because of India stopping the import of crude oil from it in 2019 following US sanctions. Pharmaceutical exports dropped 71.25 per cent in April-August this year over the same period last year. The data from the Pharmaceutical Exports Promotion Council (Pharmexcil) showed exports to Iran had declined 31.29 per cent in 2022-23 as against the previous financial year.
Since the start of this financial year (FY24), the stock of Aurobindo Pharma has been one of the top pharma gainers, enhancing investor wealth by over 68 per cent, with a third of those gains coming in the last three months. The stock is riding on multiple triggers given its investments in the production-linked incentive or PLI scheme, biosimilars, injectables and vaccines, which should drive revenues and profits over the medium term. Better than expected performance after the June quarter results led to a revision of earnings estimates for FY24 and FY25.
Alkem Labs was issued drug alerts twice last year -- in June and July -- for its drug Glimekem.
Did the ISI choose the Rajasthan border to smuggle narcotics after striking deals with Indian smugglers, who would send the money to various terrorist groups in Kashmir?
Some of the popular brands that would be impacted include Phensedyl (Abbott), Tixylix (Abbott), Gluconorm PG (Lupin), Ascoril D (Glenmark), Solvin Cold (Ipca), D Cold Total (Paras Pharma).
Many companies globally are working on plasma research to develop and manufacture hyperimmune globulin therapies from plasma donations.
The BSE Healthcare Index is up 19 per cent as compared to BSE Sensex returns of 11 per cent during this period. Nitin Agarwal of DAM Capital highlighted this trend in a report last month. "After a sustained period of underperformance over FY21-23, the BSE Healthcare Index has once again captured the spotlight. "The recent uptick in performance has been driven by hospitals and emerging green shoots in pharmaceutical exports, particularly to the US, along with sustaining momentum in domestic branded formulations," he said.
Charges were filed against against underground bitcoin exchanger Robert Faiella, 52, and chief executive officer and compliance officer of a bitcoin exchange company Charlie Shrem, 24.
Prime Minister Narendra Modi assured all possible help to Indian athletes in their endeavour to achieve greater heights and expressed confidence that the country will better its Hangzhou performance in the next edition of the Asian Games.
In his press conference on Wednesday, Trump targeted drug-makers and vowed to bring back production in the US.
The Congress vice president accused the Akalis of trying to set the film 'Udta Punjab', which highlights the drugs problem in the state, banned and said they are not ready to admit the truth as they are "benefiting" from drugs and lawlessness.
The drug that it would supply is called Olanzapine, used to treat schizophrenia and bipolar disorder.
At least nine separatist organisations supporting terror groups have their bases in Canada and despite multiple deportation requests Ottawa has taken no action against those involved in heinous crimes, including the killing of popular Punjabi singer Sidhu Moosewala, officials in New Delhi said on Tuesday.
The Food Safety and Standards Authority of India (FSSAI) has commissioned a quality check on MDH and Everest products. This follows complaints that several popular spice mixes of the two leading brands contained traces of ethylene oxide more than the permissible levels, official sources said. This move by FSSAI comes after Hong Kong and Singapore recalled variants of the two masala majors' products in their countries.
'There is no reason why we should break this business up.'
The Special Investigation Agency (SIA) has arrested two more persons, including a policeman, for allegedly being part of a cross-border narcotic syndicate involved in terror funding in Jammu, officials said on Wednesday.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
There are just 1,500 drug inspectors responsible for more than 10,000 factories in India
Bolstered by an impressive performance in the global specialty business and outstanding results in the Indian market, Sun Pharmaceutical Industries, the largest pharmaceutical (pharma) company in the country, showcased a strong performance in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24).
Indian Council of Medical Research Director General Balram Bhargava had on Monday recommended the use of hydroxychloroquine for treating healthcare workers handling suspected or confirmed coronavirus cases.
Big pharma companies, however, said while it was true that formulation players would not rush to buy raw material, they could not afford losing customers.
As per the clinical trial protocol approved, 150 subjects with mild to moderate COVID-19 will be randomised in the study in a 1:1 ratio to Favipiravir with standard supportive care or standalone standard supportive care. Treatment duration is a maximum of 14 days and the total study duration will be a maximum for 28 days from randomisation.
The regulator had issued alerts in June and July of 2015.
