The incentive will be in the range of 5-10 per cent of production value, sources said.
Europe, not India, will be the 1st target if US reduces import dependence: Experts
The investment is part of Siemens Healthineers' strategy 2025, in which India plays an important role as a growth market for the firm.
30 million health care workers ready for first phase in January
Suresh Jadhav, executive director of the Serum Institute of India (SII), said the biotechnology company has already put in place an expansion plan for new products in the pipeline
Sales of paracetamol are typically high during monsoon when cold and flu ailments are common
The expert committee on vaccine administration has initiated talks on cold chain logistics and models that may be required to be adopted
The pandemic pushes pharma companies to look at drugs that held promise in transitioning to over the counter segment
Markets started the first trading day of August 2020 lower, with the S&B BSE Sensex slipping over 400 points in intra-day deals
High growth visibility in chronics, strong balance sheet will help sustain premium valuation
In the first of a 5-part series, we look at reasons keeping Indian pharma sector from becoming the best globally
Adar Poonawalla's Serum Institute has tied up with AstraZeneca-backed Oxford vaccine candidate for one billion doses which it will make for India and the GAVI vaccine alliance of 58 countries
Pune-based Brinton Pharmaceuticals said on Thursday it had got the nod from the Drugs Controller General of India (DCGI) to market its brand Faviton, priced at Rs 59 per tablet
According to a government notification, bulk drugs accounted for 63 per cent of total pharmaceutical imports in the country in 2018-19.
Pune's Serum Institute of India is placing its bets on the Oxford-AstraZeneca vaccine candidate AZD1222
India accounts for 40 per cent of US generic drug imports, including the anti-malarial hydroxychloroquine, touted by US President Donald Trump in the fight against Covid-19.
Vaccines normally require years of testing and additional time to produce at scale, but scientists are hoping to develop a coronavirus vaccine within months because of the pandemic
Short-term disruptions include high input costs and various operational challenges.
On Thursday, CDSCO also approved Zydus Cadila's plasmid DNA vaccine candidate ZyCoV-D, developed at its Vaccine Technology Centre in Ahmedabad.
Govt is trying to reduce dependence on China for APIs and develop indigenous sources