Pharmaceutical Industry Trends

August 8, 2014: The Pharmaceuticals Export Promotion Council (Pharmexcil), set up by the Ministry of Commerce and Industry, has recently recommended two new ports – Krishnapatnam in Andhra Pradesh and Kattupalli in Tamil Nadu – for export and import of drugs. The export promotion body has already requested the Ministry of Commerce and Ministry of Health and Famil...

July 15, 2014: The measures announced in the Union Budget for 2014-15 by Mr Arun Jaitley, Union Minister for Finance, Government of India is expected to propel the growth of the Indian pharmaceutical sector. Announcements like the hike in the FDI cap for the insurance sector and setting up of 15 Model Rural Health Research are expected to play an important role in the growth...

June 30, 2014: Indian and US companies generic companies have come together and announced the launch of Coalition for Affordable Care in Washington recently.

 

The coalition is expected to take the big pharma giants head on, which in the recent past have launched an anti-India campaign against efforts of such com...

June 12, 2014: The Indian biotechnology sector requires an investment of around Rs 30,000 crore each year for next five years to provide affordable healthcare with innovative medicines and attain global leadership in R&D. The continued investment is expected to help the sector to reach a valuation of US$ 100 billion by 2025.

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May 12, 2014: In a move that is expected to benefit the Indian pharmaceutical industry in the long run, the American drug regulator, United States Food and Drug Administration (USFDA) has joined hands with its Indian counterpart Central Drugs Standard Control Organization (CDSCO) in association with the Indian Pharmaceutical Alliance...

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