DCGI: Fourfold increase in Investigational New Drugs Applications in India

New Delhi: Claiming that India is on course to become a ‘global hub for medicines’, Dr VG Somani, Drug Controller General of India (DCGI), said that there has been a fourfold increase in applications of the investigational new drugs in the country.

Speaking at the Indian Drug Manufacturers’ Association (IDMA) Annual Conclave, Somani said, “We are getting the applications of the investigational new drugs. Earlier, there used to be hardly 5-10 applications.

At present, there are 23 applications in the pipeline for the investigational new drug and this is a great achievement of our country.”

He said that the “Made in India” drugs will make a difference and hit the world in the coming years.

The DCGI official also explained how drug controllers work while taking decisions about vaccines and drugs.

“We have been in regular contact with the WHO and all regulators of the world through ICMR, ICH platform etc.

There are various platforms for the approval of vaccines and drugs including trials. That’s what we have done with remdesivir. There is no single platform for decisions to be taken,” he added.

He further said that India has been recognised as a “Pharmacy of the world” and added “we want to become the well-managed pharmacy of the entire world so that our potential can be recognised”.

Related Posts

  • Pharma
  • December 23, 2024
  • 85 views
Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

India’s healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According…

  • Pharma
  • December 23, 2024
  • 115 views
NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

The National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 65 new drug formulations and notified ceiling price fixation of 13 formulations. The regulatory body, under the Department of…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

Healthcare, pharma sectors raise Rs 14,811 crore via IPOs in 2024

NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations

India-Latin America trade and collaboration prospects discussed at Kerala University conference

India-Latin America trade and collaboration prospects discussed at Kerala University conference

Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

Over 14,000 PMBJK Centres Set Up To Provide Generic Medicines: Govt

Over 14,000 PMBJK Centres Set Up To Provide Generic Medicines: Govt