Unlocking Pharma Manufacturing Agility
Source: Economic Times Pharma manufacturing faces unique market and operational challenges. When an attempt is made to manage this high-uncertainty environment with the typical method of monthly production planning, it precipitates a vicious loop of issues. Only a dynamic approach that ensures flexibility on the shop floor can sustainably ensure reliability and high output. In FY […]
FDA busts bogus medicine racket, seizes 21,600 ‘antibiotic’ tablets at Nagpur hospital
Source: Deccan Herald The Maharashtra Food and Drug Administration (FDA) has exposed a bogus medicine racket and seized 21,600 tablets that had been passed off as antibiotic ciprofloxacin from a government hospital in Nagpur, an official said on Saturday. Three persons, including a Thane resident who is already in jail in a similar case, have […]
3 commonly used pain, cough and cold medicines under scanner in India
Source: Deccan Herald The Central Drug Regulatory Authority (CDSCO) has asked companies manufacturing two commonly used cold medicines and one painkiller drug available in fixed-dose combinations (FDC refers to combining two or more drugs in a fixed ratio to develop a single dosage form), to conduct trials ensuring safety and efficacy, the Times of India reported. […]
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 […]
Pharma stock falls by 7% after USFDA inspection
Source: Tradebrains Share price of an integrated global pharmaceutical company fell by nearly 6.95 percent and closed at Rs. 1,070.45 on Thursday, which is the biggest single-day fall since November 2022. With a market cap of Rs. 62,724 crore, shares of Aurobindo Pharma Ltd. opened at Rs. 1,155.05 on February 1st, compared to its previous close of […]
Teva to divest active pharmaceutical ingredient business
Source: Reuters Teva Pharmaceutical Industries (TEVA.TA), opens new tab will divest its active pharmaceutical ingredient (API) unit to focus on its core business, the world’s largest generic drugs maker said on Wednesday. The API unit, which brought in revenue of $1.05 billion in 2022, makes pharmaceutical ingredients that are used in both generic and branded medicines, and […]
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 […]