Pharmaceutical Glass Tubing Market Outlook: Trends, Growth & Dynamics
Source: Future Marketing Insight The pharmaceutical glass tubing market experiences a surge in demand for customized solutions, with users seeking specific bottle capacities, unique printed designs, and a variety of material colors. E-commerce platforms play a crucial role for small and emerging manufacturers, enabling them to expand their customer base and boost sales in this dynamic market. […]
Indian pharma industry relies heavily on ingredients made in China
Source: Business Standard The Biden administration embraced a plan from India’s government last year to edge China out of its position as a leader in making ingredients for generic pharmaceuticals sold in the US. But a new report shows that much of those ingredients are likely still coming from China anyway. America’s reliance on China […]
Quality issues Fail to Dent Indian Pharma Exports But Reputation Takes a Hit
Source: News18 Despite multiple complaints raised over the quality of Indian medicines, there is no impact on the export values of pharmaceutical products, said a top pharma official in the Narendra Modi government.“However, it has certainly made a dent in our image,” Udaya Bhaskar, director-general, the Pharmaceuticals Export Promotion Council of India (Pharmexcil), told News18 […]
Panacea Biotech’s Baddi unit gets OAI status from USFDA
Source: CNBCTV18 Panacea Biotech informed the exchanges that the United States Food & Drug Administration (USFDA) has classified the company’s Baddi facility in Himachal Pradesh as an “Official Action Indicated” (OAI). The facility was issued a form-483 by the drug regulator with nine observations in October, which were related to improvements in existing procedures. An […]
Three dead, two injured after blast in pharma factory in Vadodara
Source: Gujarat Samachar A massive blast at the factory of a pharmaceutical company in Vadodara’s Padra area took the lives of three factory workers on Jan 31.The blast took place at Oneira Life Care, located on the outskirts of the city’s Ekalbara village. The blast reportedly took place at 1.45 p.m. in a reactor of […]
Pharma sector imports reduced thanks to PLI scheme: Govt
Source: Business Today A significant reduction in the import of raw materials in the pharmaceutical sector is one of the most notable achievements under the Production Linked Incentive (PLI) scheme, the government said in a document, titled Indian Economy: A Review, written by V. Anantha Nageswaran, Chief Economic Adviser, Ministry of Finance. The 74-page document presented […]
Exploring Potential Game-Changers in Pharma Industry
Source: DSIJ | Editor: Abid Ali Khan In recent months, Indian Pharma stocks have witnessed a robust rally, reaching record-breaking highs. Notably, the Nifty Pharma index, a key barometer for the pharmaceutical industry, has showcased remarkable resilience, marking an impressive surge of over 40 percent in the past year. Substantial foreign investments in the sector, […]
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 […]