Page-2 of Pharma sector

WHO settles India, EU medicine dispute issue

November 28, 2016

The World Health Organisation (WHO) has dropped the term ‘counterfeit’ and retained ‘falsified’ to describe medicines of inferior quality. This decision was taken by a WHO’s technical working group on draft working definitions of substandard/spurious /falsely-labelled/falsified/counterfeit (SSFFC) medical products. It ..

Month: 

Indian Pharma companies rank 19th in Biopharmaceutical Competitiveness & Investment (BCI) Survey

October 8, 2016

Indian pharmaceutical companies have ranked low at 19th position with an overall score of 59 out of 100 among in the Biopharmaceutical Competitiveness & Investment (BCI) Survey. The survey of 28 countries was commissioned by the Pharmaceutical Research and Manufacturers ..

Month: 

India seeks greater Pharma market access in Japan

October 7, 2016

India is seeking greater market access for the domestic pharmaceuticals sector in the Japanese market as India’s share in the Japanese drug market continued to be below par. It was announced by Union Commerce Minister Nirmala Sitharaman in seminar on ..

Month: 

Union Government caps prices of 24 essential drugs

August 2, 2016

The Union Government has capped the prices of 24 essential drugs used for treatment of cancer, HIV, bacterial infections, anxiety and cardiac conditions. In this regard, the Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has issued an order. It ..

Month: 

Canada to conduct world's first Zika vaccine test on humans

July 20, 2016

Researchers from Laval University based in Quebec City, Canada are going to conduct the world’s first Zika vaccine test on humans. They are first international researchers team in the world to complete all of the steps in the regulatory process ..

Month: 

NPPA fixes ceiling price of 54 drug formulations

May 12, 2016

The National Pharmaceutical Pricing Authority (NPPA) has fixed ceiling price of 54 drug formulations used for treatment of cancer, bacterial infections, diabetes and hypertension. NPPA has revised/fixed the ceiling prices as per the Schedule-I under Drugs (Price Control) Amendment Order ..

Month: 

Union Government bans repeat animal testing of drugs

March 19, 2016

The Union Ministry of Health and Family Welfare has scrapped repeat tests on animals for drugs which already have been approved by other countries. In this regard, the ministry has as amended Schedule Y of the Drugs and Cosmetics Rules, ..

Month: 

World's 1st fast-acting Anti-Rabies drug to be launched in India

February 24, 2016

World’s first fast-acting anti-rabies drug Rabies Human Monoclonal Antibody (RMAb) will be launched in India. The drug has been developed by Pune-based Serum Institute of India (SII) and US-based MassBiologics of the University of Massachusetts Medical School. About RMAb RMAb ..

Month: 

Bharat Biotech develops world’s first Zika vaccine candidates

February 4, 2016

Hyderabad-based vaccines manufacturer Bharat Biotech has announced a breakthrough in developing the world’s first Zika vaccine by developing two candidates. In this regard, the pharmaceutical company has submitted two vaccine candidates, one each of inactivated and recombinant type to the ..

Month: 

DAVA project bags 2015 eASIA award for trade facilitation

January 1, 2016

The Drug Authentication and Verification Application (DAVA) project of The Department of Commerce has won the 2015 eASIA Award under Trade Facilitation category. The award was announced by Asia Pacific Council for Trade Facilitation (APCTF) and Tehran based (Iran) Electronic ..