250 ‘actions’ initiated after inspection of 275 drug firms.
Source: Telegraph India India’s drug regulatory authorities have initiated more than 250 “actions” after inspections of the premises of 275 drugmakers by central and state authorities, the Union health ministry told Parliament on Friday. It is not clear from the answer how many companies among the 275 inspected received multiple notices or actions. The health […]
Regulator Will Only Accept Soft Copies for Approvals & Licenses
Source: News18 Only emails, pen drives or Google Drive – the country’s apex drug regulatory agency will stop accepting paper-based documentation for granting approvals and manufacturing licenses for drugs, devices and vaccines, News18 has learnt. To promote ‘Digital India’, the Central Drugs Standard Control Organisation (CDSCO) has asked its offices across India to accept “only […]
15 Countries With Highest Pharmaceutical Spend Per Capita
Source: Yahoo In this article, we will be taking a look at the 15 countries with highest pharmaceutical spend per capita. If you are not interested in learning about the global pharmaceutical market, head straight to the 5 Countries With Highest Pharmaceutical Spend Per Capita. In the landscape of global healthcare expenditure, certain countries stand out […]
A focus on progress of pharmaceutical industry of India
Source: Times Of India Introduction Indian pharma industry is known as the Pharmacy of the World due to the vital role it played in delivering cost-effective and high-quality generic drugs globally, the generic drugs accounting for 71 % share, and over-the-counter and patented drugs accounting for the remaining 21 and 9 % shares respectively. India, […]
Biocon gets USFDA approval for generic version of anti-cancer drug
Biocon said that it has received received tentative approval of its ANDA for Dasatinib tablets from the US FDA, for various strengths. This product is indicated for use in the treatment of Philadelphia chromosome positive chronic myeloid leukemia in adults. It is also used to treat Philadelphia chromosome positive acute lymphoblastic leukemia in adults with […]
Drugs Control Administration Telangana raids pharma unit
Source: The Hindu The Drugs Control Administration (DCA) of Telangana unearthed an illegal manufacturing unit of an anti-cancer drug ‘Cyclophosphamide Injection’ at Indian Genomix Pvt Ltd, Cherlapally. Officials said that the company is manufacturing cytotoxic anti-cancer drugs together with antibiotic injections posing serious risk to public health. “Cytotoxic anti-cancer drug ‘cyclophosphamide Injection’ attacks the genetic […]
AstraZeneca CEO Says China Has Become Fundamental Part of Pharma Industry
Source: Bloomberg After AstraZeneca reported lower-than-expected profit, CEO Pascal Soriot spoke with Bloomberg’s Anna Edwards, Kriti Gupta and Guy Johnson.
5 booked for fire at pharma firm
Navi Mumbai: The Mahad MIDC police have booked five persons, including a Mumbai-based owner and a partner of a pharmaceutical company Pradeep Shetye private Ltd, after fire broke out in its premises at 6pm on Wednesday. The fire that engulfed fibre items and polythene bags continued for six hours past midnight. As many as seven […]
Poonam Pandey Death Hoax: Pharma giant MSD breaks ties with agency involved in actress’ publicity stunt
Source: First Post Poonam Pandey’s supposed well-intentioned initiative has backfired and how! The actress faked her death to create awareness about cervical cancer that led to massive social media backlash. And amid the drama that unfolded, pharma giant MSD has cut all ties with Schbang, the agency involved in the publicity stunt along with Hauterfly. […]
The top 10 biopharma M&A deals of 2023
Source: Fierce Pharma While the biopharma industry’s dealmaking totals have yet to eclipse the heady highs of 2019, mergers and acquisitions were back on the menu in a big way in 2023. Last year, the value of the top 10 M&A deals in the biopharma industry came to $115.8 billion, outranking prior sums from 2022, […]