Biocon Bets Fired On Biosimilar For Revenue Growth
Searing growth in its biosimilar business is expected to help see Biocon cross $1 billion in revenue this fiscal. Biosimilars, or biologics, are biological drugs that are developed to be…
Price War In Anti Diabetic Medicine Segment
A price war is brewing in India’s growing diabetes drug market, drawing comparisons with the recent tariff battles in the telecom sector. Glenmark Pharmaceuticals NSE -1.45 % has launched a patented…
Many essential drugs priced much higher than manufacturing cost: WHO
NEW DELHI: Around 40% of the essential medicines in India with lowest MRP are priced significantly higher than estimated production costs, an assessment by the World Health Organisation (WHO) shows…
Medicines sold in market and supplied to hospitals at very different prices
Srinagar: An official document mentioning the rate list of various drugs procured for hospitals in Jammu & Kashmir shows shocking discrepancy between prices at which the drugs are bought for…
Ready-to-Infuse Therapy Available for Patients with Certain Cancers
Sun Pharma’s gemcitabine in sodium chloride injection (Infugem), for intravenous use, is now commercially available in the United States. This is the first chemotherapy product that comes in a premixed,…
Combination drug market declines 56% in March as govt clamps down
With the government clamping down on combination drugs, the latest market data shows that in March the fixed dose combination (FDC) market declined by 56.4 per cent, when the non-FDC…
Pharmacologist, calls for a guideline for standard quality for drugs to be formulated.
Hyderabad: The Central Drugs Laboratory and Regional Drugs Testing Laboratory are not carrying out checks to see if drugs are of standard quality (SQ) and labelling them as such. Government hospitals too…
Govt plans to specify a unique colour code for generic medicines
The central government is favourably considering an amendment to the decades-old Drugs and Cosmetics Rules, to specify a separate colour code for generic medicines, from branded medicines. A generic is…
Govt considering ban on over 150 combination drugs: Report
NEW DELHI: The government could ban over 150 combination drugs after an expert panel found that those have no therapeutic justification, Mint reported. The Chandrakant Kokate-led expert panel, which was…
Illegal Making of Medical Devices, 45 Units under CDSCO scanner
Orthopedic implants were manufactured illegally without any regulatory license or approval. The Central Drugs Standard Control Organisation(CDSCO) team has raided 45 medical device facilities across the country for illegally producing…
