DGGI sent notice to Pharma firms for not cutting GST on Free supply

Indian Tax department sent notices to big pharma companies for not cutting Goods and Services Tax(GST) on free goods or samples to the retailers. With regard to this notice, tax…

India to oppose planned patents rule

An effort by the World Intellectual Property Organisation (WIPO) to bring in a new rule that would allow countries to delegate the functions of their patents office to another country…

Opportunity for Indian Pharma manufacturers to embrace the Chinese Market

India now becomes the “pharmacy of the world” as it has 10% of the global pharma companies and according to the latest news, very frequent cases of smuggling and selling…

Fake Ayurvedic drugs seized of worth Rs 11 Lakh by Maha FDA

Maharashtra Food and Drug Administration during their raid on companies for flouting norms seized spurious drugs of worth Rs 11 lakhs. All the fake medicines are collected from retail outlets…

Alembic Pharma gets USFDA nod for its antibiotic capsules

Drug firm Alembic Pharmaceuticals today said it has received approval from the US health regulator for its Doxycycline Hyclate capsules used for treatment of wide variety of bacterial infections. The…

Drug racket busted in Gujarat, Maharashtra, and Goa by DRI

Drugs of worth Rs 35 Crore has been seized by the DRI( Directorate of Revenue Intelligence). DRI officials achieved a major success when they shave busted a big drug-manufacturing and…

Adoption of Global Quality Standards is required for Indian Pharma: OPPI

OPPI stands for the Organisation of Pharmaceutical Producers of India and it represents the research-based pharmaceutical companies in India. It completely engages with the government and other stakeholders to find…

NPPA fixes prices of 22 drug formulations

The national drug pricing regulator NPPA has fixed the retail and ceiling prices of 22 formulations used for treatment of various ailments including HIV, bacterial infections and cardiac conditions among…

Eli Lilly, Astra halt Alzheimer’s drug tests

London: British and American pharmaceutical giants AstraZeneca and Eli Lilly on Tuesday said they were ending a large clinical trial of a treatment for Alzheimer’s that they had been developing together. The decision to…

Cricket brand Sourav Ganguli to bat for quality Generic Medicine

New Delhi: Costly branded medicines are burning large holes in the pockets of patients, so generic medicine is the need of the hour. The only concern that deflects from generics…