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Pharma firms ask for December 2026 as extension for implementation of rules

Schedule M of the Drugs and Cosmetics Rules, 1945, outlines good manufacturing practices (GMP) for pharmaceutical products, including a prompt recall system for defective products.Read more

New scheme to strengthen India’s medical device industry to launch soon

Additionally, the Union Cabinet's approval of the National Medical Devices Policy last April is expected to further drive growth in the sector.Read more

USFDA sends warning to Eugia over manufacturing violations at Telangana facility

The regulatory body noted that Eugia failed to maintain complete laboratory records essential for compliance with established specifications and standards.Read more

Unimech Aerospace and Manufacturing files draft papers for Rs 5 billion IPO

The IPO is priced at Rs 5 per equity share and includes a fresh issue of shares worth up to Rs 2.5 billion, along with an offer for sale of shares worth up to Rs 2.5 billion by the Promoter and Promoter Group Selling Shareholders.Read more

Tamil Nadu faces skills gap amidst rising graduate numbers joining the workforce

The state government’s Naan Mudhalvan scheme, aimed at creating entry-level jobs, has been praised, though experts suggest expanding its scope and involving more firms. Read more

Aviation Minister Naidu aims to establish aircraft manufacturing in India

Currently, Boeing and Airbus dominate the global aircraft manufacturing industry, with market shares of over 40% and 60%, respectively. Read more

Indian pharma exports surge with 8.36% growth in July 2024

The Indian pharmaceutical industry is projected to grow to $65 billion by 2024 and to $130 billion by 2030. Read more

DCGI introduces guidelines for product traceability in pharma supply chain

The introduction of these guidelines is particularly timely, as the Indian pharmaceutical industry has come under scrutiny following reports linking spurious cough syrups from India to children's deaths in Gambia, Cameroon, and Uzbekistan.Read more

India’s API industry expected to grow 7-8% in FY25

The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more

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