Union Budget 2022: A booster shot for the pharmacy sector

The Union Budget 2022 lays a strong foundation for the ambitious ‘India at 100’ project that has been unveiled. The seven horses of this chariot — PM Gati Shakti, inclusive development, productivity enhancement, sunrise opportunities, energy transiti

Indian pharmaceutical sector has seen a 200% increase in FDI: Economic Survey 2020-21

The Indian pharmaceutical sector witnessed a 200% increase in foreign direct investment (FDI) in 2020-21, noted the Economic Survey 2021-22. The Indian pharmaceutical sector witnessed a 200% increase in foreign direct investment (FDI) in 2020-21, no

SII is set to export 25 crore Covovax doses for Covax from next month

With no immediate plans to use newly approved vaccine Covovax by Serum Institute of India (SII) in the national vaccination drive, 25 crore doses of Covovax will be shipped to Covax facility from next month, people in the know said. With no immediate

Covid drugs demand has gone down, says Cipla Global CFO

Drug maker Cipla said it isn't seeing much demand for drugs such as remdesivir, tocilizumab, favipiravir and certain inhaled corticosteroids that were driving its sales in the second wave of Covid-19, dominated by the Delta variant. Drug maker Cipla

How the Transition from Treatment to Prevention is Changing the Pharma Industry

The Indian pharmaceutical sector is the world's third-biggest by volume and makes a substantial contribution to global health.

Subject Expert Committee says no to clinical trial waiver for Pfizer's Covid pill

The Subject Expert Committee (SEC) under India's drug regulator turned down applications by Hetero Labs and Optimus Pharma to launch the generic version of Pfizer's Covid-19 antiviral drug paxlovid without local clinical trials. Both companies had ap

Multiple alternate purchases into BDR Pharma, invests Rs 750 cr

Renuka Ramnath-led private equity (PE) fund Multiples Alternate Asset Management will invest around ₹750 crore to take an about 10% stake in Mumbai-based generic drugs manufacturer BDR Pharmaceuticals, multiple people aware of the development said.ss

Pharma introduces anti-diabetic drug semaglutide in 'game-changing' pill form

Novo Nordisk India has launched an oral formulation for an anti-diabetes drug that was available only as injections, and claimed the new drug can assist better control blood sugar levels and weight in adults with type-2 diabetes. Novo Nordisk India h

Indian Drug Makers Initiate Discovery Research

Drug discovery outsourcing to India is poised to get a major fillip as pharma companies are ramping up their R&D activities powered by the government's initiatives to endorse research in innovative drugs.

How Data Analytics Can Boost Operational Efficiency of Pharmaceutical Industry

In today’s dynamic and quickly changing time, majority of pharmaceutical companies are scrambling to emerge on top and boost their performance without adding to their total cost of operations.

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