Pharmaceutical Industry Trends

September 29, 2014: The Government of India is planning the largest nationwide survey to estimate the extent of sub-standard and spurious drugs in the country apart from a series of measures to cover the gaps on quality of drugs in circulation in the country and overseas.  

 

The steps to improve quality are expected to include measures like manda...

August 25, 2014: Argentina has fully opened its US$ 6 billion drug market to the Indian pharma industry, increasing the potential to finished pharmaceutical products. It may be noted here that the scope was earlier limited to raw materials. The Latin American country has recently included India on the list of countries that can supply medicines to it. 

 

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...

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