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.
'If someone fiddles us on our religion then we will pay back five times more to that person. We have proved that time and again.'
India also called for crippling the illicit drug trade which provides financial sustenance to these terror outfits.
'Whichever company offers better incentives, the chemist would prefer it.'
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.
The current crisis has forced the government to announce measures to ensure that India becomes self-sustaining for any kind of bulk drug. The government says India will not depend on any other country for vital key ingredients for drugs within six years, reports Sheela Bhatt.
Garcetti suggested that the two countries are working on certain agreements to bolster defence cooperation and they are likely to be firmed up when Modi visits the US or President Joe Biden comes to India in September for the G20 summit.
Large pharmaceutical firms feel that if the quality parameters and assurance levels are brought up to the level of branded generics, then Jan Aushadhi medicines would find it difficult to retain their affordability.
Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.
The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.
What has really alarmed the police, and also the families of young drug abusers, is the entry of "chitta" -- a highly refined white powdery semi-synthetic substance (mainly heroine) -- into the drug scene and has spread like wildfire among the state's youth. Ashwani Sharma reports.
This move is expected to benefit 22 lakh cancer patients in the country.
'There is not any negative connotation associated with it.'
Mounting a fresh attack on the Congress, Prime Minister Narendra Modi on Friday alleged that for the sake of vote bank politics, it has nurtured, given shelter and surrendered before terror.
Rediff.com lists those sportsmen who have been accused of 'sleeping with the enemy'
Traction for its specialty portfolio, a strong showing in the domestic market, and better regulatory compliance are positives for the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries. Given the triggers, some brokerages have increased their earnings per share estimates and target price for 2024-25 (FY25). This should sustain the momentum for the stock, which has been one of the major pharma gainers in 2023-24 (FY24), rising 57 per cent. It is currently trading at Rs 1,547 per share.
Bose, who was earlier a Lok Sabha MP, pointed out in an interview to PTI that members of all the three communities had joined Netaji's INA in 1944 and fought shoulder to shoulder in the battlefields of Bishnupur and Ukhrul districts in an advance into India.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
Aarya Aakhri Vaar should have been slicker and more polished than the first, or at least ended with a louder bang, observes Deepa Gahlot.
In an address at a security conclave of the Shanghai Cooperation Organisation in the Kazakh capital, he also underlined the need for holding accountable the sponsors, financiers and facilitators of terrorism, in remarks that came amid Pakistan's continuing support to various terror groups.
The duo was arrested last month by the Narcotics Control Bureau in connection with its drugs probe related to the case of Rajput's death.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
The spat, which comes after the two sides agreed on Saturday to allow round-the-clock movement of trucks and containers through their main border crossing further south in Punjab, underlines the fragility of the peace process.
In his press conference on Wednesday, Trump targeted drug-makers and vowed to bring back production in the US.
'She got really close, and I was like, oh Miss Universe and me dancing!'
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.
The USTR has placed India on its "priority watch" list for two years in a row, saying the country's patent laws unfairly favour local drug makers.
Lobby group tells USTR it has got assurance from India on compulsory licensing.
Western drugmakers, including Pfizer Inc, Novartis AG, Roche Holding AG and Sanofi SA, covet a bigger share of the fast-growing Indian drugs market.
One of the subsidiaries of Sun Pharma has executed a settlement agreement with Novartis, stipulating a dismissal of the lawsuits filed in the United States against the company regarding submission of an Abbreviated New Drug Application for a generic version of Gleevec, the Indian drug major said in a statement.
The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.
The seizure, as per officials, is estimated to be worth over Rs 10 crore in the international market (about Rs 5K-7K per blot) and all the six who have been taken into custody, beginning late last month, are students and youngsters who wanted to make 'easy money' by remaining anonymous within the deep layers of secret internet-based apps and messenger service like WICKR.
Novartis said it is partnered with generic drugmaker Lupin Ltd to sell the drug in India
The drug regulatory agencies of India and Canada are planning to collaborate on improving the quality of drugs traded between the two countries, besides helping the industry in both the countries to tap the opportunities in the field of generic medicines and drug development.
Days after medical representatives said their employers were flouting the government's drug-pricing norms, the pharmaceutical industry has decided to clip their wings. These companies want them to be no longer recognised as "workmen," a classification that gives them the right to form trade unions.
'Since the bilateral deficit is a reality -- and a worry -- we need to find a way to deal with it,' says Ravi Bhoothalingam.
Small Chinese-made drones, carrying narcotics in 95 per cent cases, are flying over from across the border into Punjab and Jammu regions and these flights are a "cause of concern" for which technology solutions are being scouted actively, BSF director general (DG) Pankaj Kumar Singh said on Tuesday.
The World Trade Organisation agreed on Monday to an Indian demand for a probe into special trade deals granted by the European Union to countries fighting drug trafficking.
