KKR-backed hospital chain Radiant Lifecare submits its bid for Fortis Healthcare

Radiant Lifecare, the emerging Mumbai-based hospital chain that is backed by buyout firm KKR, has submitted its bid for Fortis Healthcare, the cash-strapped hospital network that is in the middle…

NITI Aayog backs cap on pharma trade margins

New Delhi: Trade margins charged by drug stockists and chemists must be capped, government think tank NITI Aayog recommended, a move that promises to bring down drug prices while trimming…

Over-the-counter sale of 14 steroid creams has been banned by the Health Ministry

The Indian health ministry made amendments to certain rules of the Drugs and Cosmetics Rules, 1945 and put 14 steroid-based creams and ointments under the Schedule H category. This step…

AIOCD urges health ministry not to penalise chemists for failing to report TB cases

The All India Organisation of Chemists and Druggists Association (AIOCD), a representative body of 8.5 lakh chemists in the country, has urged the Union health ministry not to penalise chemists…

Use of Blockchain Can help Government To Bust Fake Drugs In India

According to two government sources, Niti Aayog is attempting to put the whole stock of pharma on blockchain with a purpose to take action against fake and false medications. The…

Big worry for healthcare sector: Politicization is ruining blood donation movement in Bengal

Making service and business both tougher for healthcare institutes in the state, voluntary blood donation is taking a downturn in West Bengal, that once pioneered in the life saving movement.…

Deep investigation opens unseen overpricing issues of Pharmaceutical firm

FDA may send overpricing notice to the Pharmaceutical firm. While investigating Saurya Pratap case against Medanta for overpricing, officers found the medicines used in the bill had MRP higher than…

Smartphone addiction now becomes a reason for depression, loneliness, and anxiety

The society starts experiencing the cons of the technology growth like smartphone addiction, people start experiencing the feeling of loneliness, anxiety, and depression among people. Overuse of anything is harmful…

8% Rise in the demand for biotech, pharma profiles most in demand in March 2018

It’s a very good news for professional from biotech, pharma sector as their market demand got a rise. This growth registered in March 2018, by the recruitment index in the…

Drug regulators in dilemma over the steps taken to prevent Oxytocin Misuse

A widely misused neurotransmitter and peptide hormone, Oxytocin has become the major issue in the minds of drug regulators as the steps taken by The Central Drugs Standard Control Organisation…