Page 2 - Drug Makers In India
Top 300 drug brands to have QR codes on label for ensuring authenticity
The Union Ministry of Health has made amendments to the Drugs Rules, 1945, to implement this
 "Top 300 drug brands to have QR codes on label for ensuring authenticity")
Price is the key growth driver of Indian pharma market, shows AWACS data
Market set to grow by 2.5-5% in calendar 2022. could even hit 5% due to a strong seasonal sales such as anti-infectives, and impact of NLEM drugs price hike
 "Price is the key growth driver of Indian pharma market, shows AWACS data")
Sun Pharma plans to expand field force in India by 10% this fiscal
The Mumbai-based drug major currently employs around 11,000 Medical Representatives and related staff in India
 "Sun Pharma plans to expand field force in India by 10% this fiscal")
Sun Pharma to launch new oral lipid lowering drug under Brillo brand
Claims drug has a new mechanism of action compared to currently available lipid lowering agents, is indicated for people with inherited genetic disorder
 "Sun Pharma to launch new oral lipid lowering drug under Brillo brand")
Mandaviya urges bulk drug manufacturers to invest more in research
The chemicals and fertilizers minister, who also holds the health portfolio, praised the industry players for playing a pivotal role during Covid times, not only domestically but also globally
 "Mandaviya urges bulk drug manufacturers to invest more in research")
India-made stimulants, Covid drugs dominate illegal imports in Switzerland
Around 150 of the packages seized were connected with the Coronavirus including anti-parasitics containing ivermectin, medicinal products containing hydroxychloroquine or antibiotics from India
 "India-made stimulants, Covid drugs dominate illegal imports in Switzerland")
Zydus Cadila gets USFDA tentative nod for epilepsy treatment drug
Zydus Cadila on Monday said it has received tentative approval from the US health regulator to market epilepsy treatment drug Brivaracetam tablets.
 "Zydus Cadila gets USFDA tentative nod for epilepsy treatment drug")
Govt engaging with drug makers to ramp up production of anti-fungal drug
The government is engaging with the drug manufacturers to ramp up the production of an antifungal drug used for the treatment of mucormycosis, says Chemicals and Fertilizers Ministry
 "Govt engaging with drug makers to ramp up production of anti-fungal drug")
Cipla inks pact with Eli Lilly to produce, sell Covid-19 treatment drug
Drug major Cipla on Monday said it has inked a pact with US-based Eli Lilly and Company to manufacture and produce baricitinib in the country for the treatment of Covid-19
 "Cipla inks pact with Eli Lilly to produce, sell Covid-19 treatment drug")
PIL in HC seeks permission for sale of Remdesivir in domestic markets
A PIL in the Delhi High Court has urged it to direct the Centre to permit sale of Remdesivir, used in Covid-19 treatment, by those pharmaceutical companies which manufacture it solely for the purpose
 "PIL in HC seeks permission for sale of Remdesivir in domestic markets")
Shelf life of vaccines likely to be more than 3 months, unlike drugs
They have the stability data for these investigational products, said a source
 "Shelf life of vaccines likely to be more than 3 months, unlike drugs")
Govt revises PLI scheme for bulk drugs to boost local manufacturing
Industry says revised PLI scheme will attract more MSMEs to invest as minimum investment clause done away with
 "Govt revises PLI scheme for bulk drugs to boost local manufacturing")
PE firm PAG-led group to buy pharma firm Anjan Drug for undisclosed sum
Target company makes and supplies active pharmaeutical ingredients in the central nervous system space to some of the world's largest drug makers
 "PE firm PAG-led group to buy pharma firm Anjan Drug for undisclosed sum")
Alembic Pharma sees domestic business growing in double digits this fiscal
Strong brand recall, an efficient sales force, a growing network of supportive doctors and timely product launches are the key catalysts for this business
 "Alembic Pharma sees domestic business growing in double digits this fiscal")
Glenmark Pharma gets nod to launch favipiravir for Covid-19 patients
Glenmark is conducting phase-3 clinical trials; drug has got restricted emergency use
 "Glenmark Pharma gets nod to launch favipiravir for Covid-19 patients")
HCQ's emergency use revocation by US may not hit India's exports
This is because while emergency-use authorisation for treating Covid-19 was a recent move, the drug has been used since years for rheumatoid arthritis and lupus
 "HCQ's emergency use revocation by US may not hit India's exports")
With little access to doctors, drug firms go digital to stay relevant
The rise of e-pharmacies and tele-consultations during Covid-19 has made it easier for healthcare companies to access patient pools
 "With little access to doctors, drug firms go digital to stay relevant")
Dr Reddy's inks pact with Gilead to manufacture, market Remdesivir in India
Dr Reddy's would need to scale up manufacturing and obtain regulatory approval for marketing of this drug in respective countries, the company said
 "Dr Reddy's inks pact with Gilead to manufacture, market Remdesivir in India")
Gilead finds fourth partner for manufacture of Remdesivir in Zydus Cadila
Indian drug maker to get know-how from Gilead Sciences Inc, to manufacture the API for Remdesivir, make the finished product and market it in 127 countries, including India
 "Gilead finds fourth partner for manufacture of Remdesivir in Zydus Cadila")
Revised Wockhardt deal boosts prospects of Dr Reddy's India business
The company, according to its new strategy, is focusing on growing its India-based branded products
 "Revised Wockhardt deal boosts prospects of Dr Reddy's India business")
