A Budget booster shot can turn India into a global pharma powerhouse
Source: Economic Times The Indian pharmaceutical industry, also known as the pharma industry, commands a significant share in the global medicine supply chain and has played a pivotal role in making India the ‘Pharmacy of the World.’ It is projected to reach USD 65 Bn by 2024. India ranks third in terms of volume but […]
40 drugs made in Himachal Pradesh fail CDSCO quality test
Source: TNN Kullu: The samples of as many as 40 drugs, manufactured in Himachal Pradesh, have failed the quality test run by the Central Drugs Standard Control Organisation (CDSCO), a central drug regulatory body that approves and bans drugs and also conducts monthly clinical trials to test the quality of drugs. According to the drug alert […]
6 people arrested in Tripura with banned cough syrup
Source: The Indian Express In a joint operation on Sunday, the Railway Protection Force and the Government Railway Police arrested six people hailing from Bihar at the Agartala railway station and seized from them 970 bottles of a banned cough syrup used as a cheap narcotic substance. Speaking to reporters, Inspector Sanjit Sen, officer in […]
Drug regulator gives approval for FDCs licenced before 1988
Source: The mint New Delhi: The Central Drugs Standard Control Organization (CDSCO) has allowed companies to manufacture and market five fixed dose combinations (FDCs) that were banned last year. The permission comes with certain conditions, as per a notice issued by Dr Rajeev Raghuvanshi, Drugs Controller General of India (DCGI). An expert committee headed by […]
Pharmaways Marks Milestone: Expands Presence to 100 Countries
Written: Abid Ali Khan Pharmaways, the leading pharmaceutical search engine, is celebrating a significant achievement with its expansion into 100 countries worldwide. This milestone solidifies Pharmaways’ position as a go-to resource for stakeholders within the pharmaceutical industry. The platform’s user-friendly interface and advanced search capabilities cater specifically to the needs of professionals, researchers, and decision-makers […]
CDSCO Drug Alert: 78 Drug Samples including Alkems Pan 40 Flagged
Source: Medical Dialogues New Delhi: In its latest drug safety alert, the apex drug regulatory body, Central Drug Standard Control Organisation (CDSCO) has flagged 78 medicine batches for failing to qualify for a random drug sample test for December– 2023. These include Montelukast Sodium and Levocetirizine Dihydrochloride Tablets manufactured by Bonsai Pharma, Multi-Vitamin Tablets (VITAJACKS-S TABLETS) […]
Key Trends Shaping the Future of Indian Pharma in 2024
In 2023, the Indian pharmaceutical industry underwent significant transformation, emerging as the third largest globally by volume and exporting to over 200 countries. Valued at $50 billion, the sector has immense potential, forecasted to reach $120-130 billion in the next decade driven by innovation. Key trends driving this transformation include: With a focus on compliance, […]
‘Cannot Export Products Made for Sale in Indian Market’: Health Regulator Issues Alert
Source: News18 Products made for the Indian market cannot be exported, the central health regulator has said in an alert issued to all of its port offices across India, asking them to watch the exports by merchant exporters, News18 has learnt. While the notice does not mention the objective behind the move, two government officials told News18 that the […]
Indian pharma eyes ease of shared regulatory framework
Source: Pharmabiz The Indian pharmaceutical industry is eyeing the seamless applicability of its expertise into nutraceutical research and manufacture which is underscored by the shared regulatory frameworks and quality standards of the two sectors. Indian pharmaceutical companies, which are now considering a foray into nutraceutical market, have recognised there is an untapped potential. This transformative […]
API Market to reach a USD 839.1 Billion by 2033
Source: Yahoo Finance The global demand for pharmaceutical products, including both branded and generic drugs, has been steadily rising. As a result, the need for active pharmaceutical ingredients, which are the essential components of these medications, has grown substantially. New York, Jan. 23, 2024 (GLOBE NEWSWIRE) — According to Market.us, the global Active Pharmaceutical Ingredient market size […]