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Government funding plays a key role in catalysing AI in pharma

In this interview with Sanskriti Ramachandran, Sudipta Ghosh navigates the role of policies and regulations within the pharma industry.Read more

50 new plants to be established under pharma and medical device PLI scheme

In the first five months of this fiscal year, the pharma and meditech sectors have become the fourth largest manufacturing export sector in India, following automotive, petrochemicals, and electronics. Read more

Aurobindo to acquire remaining 49% stake in GLS Pharma for Rs 225 million

Aurobindo initially acquired a 51% stake in GLS Pharma from promoters Suresh Pathak and his family on June 17, 2022.Read more

Indian pharma sector poised for 8-10% growth this fiscal: CRISIL

Following a successful year with approximately 10% growth, the outlook is bolstered by easing pricing pressures in the US generics market and improved operating leverage, which is expected to raise operating margins by 70-80 basis points to around 22.5%. Read more

Nearly 2,000 drug manufacturing plants overdue for FDA inspections post-COVID

These overdue inspections affect about 42% of the 4,700 registered drug manufacturing plants that were reviewed by the FDA before May 2019.Read more

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

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

Vishnu Chemicals acquires Jayansree Pharma in Rs 520 million deal

Vishnu Chemicals is set to buy 100% of JPPL’s shares within the next three months.Read more

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