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Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27

Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more

Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector

Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more

India's electronics, pharma, engineering goods see rise in export value; FY24

The WTO expects global goods and merchandise trades to recover gradually.Read more

India improves quality assurance for pharma exports; matches WHO norms

The overhaul of the approvals process for pharmaceutical exports is a concerted effort by India to address global concerns and boost confidence in the quality and safety of its pharmaceutical products in the international market.Read more

There will be a growing use of gas and other alternate fuels for gensets

Shveta Arya, Business Head, Power System Business, Cummins India, in this interview, gives an overview of the power gensets market in India and also informs about the recent trends in the industry.Read more

AiMeD urges govt action to curb soaring Medical Device Import Bill

Despite support from the Department of Pharma in the previous year, the Medical Devices Industry Proposal for Union Budget 2023-24 was overlooked, according to AiMeD.Read more

Union Health Ministry enhances Pharma Quality Control with Revised Schedule M rules

Schedule M outlines the Good Manufacturing Practices (GMP) for pharmaceutical products, and the revised version aims to ensure adherence to GMP standards, emphasising the requirements for premises, plant, and equipment related to pharmaceutical production.Read more

Sun Pharma to Acquire 16.7% Stake in Lyndra Therapeutics for $30 mn

Sun Pharma has formally entered into an agreement to acquire this stake, calculated on a fully diluted basis.Read more

Piramal Pharma Solutions expands ADC Manufacturing Facility in Scotland

Renowned as a global leader in ADC development and manufacturing, Piramal Pharma Solutions has an impressive track record, having developed hundreds of payloads and manufactured over a thousand ADC batches.Read more

PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

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