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JRS Pharma partner with Gujarat Microwax for cotton-based croscarmellose sodium plant
This manufacturing plant, is located in Mehsana and marks their fourth manufacturing facility in India.Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
Decarbonising seven key MSME sectors could save Rs 370 million yearly
The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).Read more
USFDA issues warning letter to Sun Pharma over manufacturing at Dadra facility
The warning letter summarises significant violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals at the facility.Read more
Temasek in talks to buy Rs 9 billion stake in medical equipment firm Tynor
The person further said that Temasek has bid for an up to 30-35% stake in the company for $100-120 million.Read more
60 pharma firms enrol under Centre’s scheme to upgrade manufacturing facilities
The scheme gives preference to micro, small and medium enterprises (MSMEs), supporting smaller players achieve high standards.Read more
CDSCO shuts down 36% of drug manufacturing units for failing quality standards
India has around 10,000 pharma manufacturing units, of which nearly 80 per cent are micro-small and medium-scale facilities. Read more
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
