Pharma companies overcharged consumers by ₹10,000 crore despite price controls: data
Pharmaceutical companies have allegedly overcharged consumers by more than ₹10,000 crore despite price caps imposed on essential medicines, according to data from the National Pharmaceutical Pricing Authority (NPPA). The regulator…
DoP includes member of HTAIn in expert committee on pricing of drugs
New Delhi: Department of Pharmaceuticals (DoP) has added an expert representative from the Health Technology Assessment of India (HTAIn) under the Department of Health Research (DHR) as a member of…
Draft issued to remove cough syrups from Schedule K
New Delhi: The Union health ministry has proposed an amendment to remove cough syrups from Schedule K, to make its sales strictly under prescription of a medical practitioner. The move…
Illegal Jan Aushadhi Centre busted in District Hospital
Ghaziabad: A 50-year-old man was arrested near Hindon metro station on Tuesday for his alleged role in a cough syrup smuggling racket in which codeine-based syrup, categorised as a narcotic…
Ayush and herbal products exports decline 33% in October
New Delhi: Exports of Ayush and herbal products have reported a decline of 33% during the month of October, compared to the same month of previous fiscal year. This is following…
Almost 85% of overcharged amount claimed by NPPA yet to be recovered
New Delhi: India’s drug price monitoring and enforcing authority, the National Pharmaceutical Pricing Authority (NPPA), has almost 85 per cent of the amount it demanded from the pharma industry on…
Lupin signs licensing pact with Gan & Lee Pharma for GLP-1 receptor agonist Bofanglutide
Mumbai: Global pharma major Lupin Limited has announced that it has entered into an exclusive License, Supply and Distribution agreement with Gan & Lee Pharmaceuticals, headquartered in China, for a novel…
Rs 700-crore cough syrup racket: UP drug regulator seeks stricter supply chain rules
The FSDA has sent proposals to the state and central govts after teams scrutinised purchase and sale records of medicine wholesale traders during inspections in Ranchi, Delhi, and Lucknow and…
Maha cops bust three factories, seize drugs worth Rs 56 crore in Bengaluru
The Konkan division of Maharashtra ANTF raided three different locations in Bengaluru, during which the drug manufacturing units were busted. BENGALURU: While the state government is aiming to make Karnataka…
‘Drug companies in upgrade mode need more time for GMP compliance’: IDMA
New Delhi: A pharma group has sought extension for those production units that have already submitted upgradation plans and can demonstrate execution progress, even as the drug regulatory authority seems…
