Page-3 of Pharma sector
Union Government bans repeat animal testing of drugs
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: Current Affairs - March, 2016
World's 1st fast-acting Anti-Rabies drug to be launched in India
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: Current Affairs - February, 2016
Bharat Biotech develops world’s first Zika vaccine candidates
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: Current Affairs - February, 2016
DAVA project bags 2015 eASIA award for trade facilitation
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 ..
Mexico Government approves world’s 1st Dengue fever vaccine named Dengvaxia
Mexico Government has approved world’s first-ever Dengue fever vaccine branded as Dengvaxia for the public use. Key facts Dengvaxia has been manufactured by French pharmaceutical manufacturer Sanofi Pasteur. It has been designed to protect people in the 9-45 age groups ..
Month: Current Affairs - December, 2015
Pfizer to take over Allergan in blockbuster merger deal of $160 billion
US drugs giant Pfizer Inc. has struck upon a deal to buy Ireland based Allergan for 160 billion dollars making it the biggest pharmaceuticals merger deal in history of healthcare sector. The blockbuster merger would create the world’s biggest drugmaker ..
Month: Current Affairs - November, 2015
Health Ministry inaugurates country’s first AMRIT outlet at AIIMS in New Delhi
Union Ministry of Health & Family Welfare has opened country’s first Affordable Medicines and Reliable Implants for Treatment (AMRIT) outlet at AIIMS in New Delhi to sell drugs at highly discounted rates. The retail outlet was inaugurated by Union Health ..
Month: Current Affairs - November, 2015
EU bans marketing of around 700 generic medicines of GVK Biosciences
European Union (EU) has banned the marketing of around 700 generic medicines among its member countries. This is the largest suspension imposed on the sales and distribution of generic drugs ordered by EU which will come into effect on August ..
Month: Current Affairs - July, 2015