And the resulting industrial slowdown in China would have a "direct impact" on industrial resupply, he said
Medicines identified as counterfeit may be contaminated, contain the wrong ingredient, or have no active ingredient at all
In the 2020-21 Union Budget, finance minister Nirmala Sitharaman proposed to expand the scheme to all districts, and offer 2,000 medicines and 300 surgicals by 2024
On the sidelines of an annual event of the Indian Drug Manufacturers' Association, a senior government official said plans had been readied in this regard
The industry experts are expecting more activity in the segment, especially if a delayed regulatory framework takes place during the current year.
Further rerating of stock will hinge on USFDA resolution
Repositioning an old brand helps expand the footprint, say analysts
That is above the average of 404 drug price increases in the first three days of January over the past five years
The companies have expanded their collaboration and license agreement
Strong demand for formulations and increasing health insurance penetration would also support growth
At a meeting last month, government officials discussed the proposal to set up clinical trial centres at institutions affiliated with the ICMR, replacing the current system
In October, some large domestic mutual funds took an aggressive position in the stock, monthly disclosures show
Piramal Pharma Solutions will partner, Bemcentinib, an AXL protein inhibitor for oncology which was recently designated as a Fast Track drug by the US Food and Drug Administration
Ipca's first half performance holds testimony to its robust growth with India business growing in mid-teens
What could be the reason for these successive downward revisions across the board? Some key indicators make it evident.
Observations are related to procedural improvements, not data integrity, says the company
If this goes through, drugmakers will have the liberty to raise the prices of these drugs by up to 10 per cent every year
Revenue growth, margins have been trending up over the past couple of quarters
Monetisation of API, innovative business units planned this year
The CDSCO is strictly monitoring the import of such dual-use APIs for the last few months so as to get an idea on what kind of action should be taken