Government News

Join WhatsApp Channel 

Regulatory Affairs Courses

  • The Union Minister for Chemicals & Fertilizers and Parliamentary Affairs Sh. Ananth Kumar has said that Promotion and Regulation should go hand in hand for medical devices sector to provide affordable health care to the poor. Speaking at the 9th Medical Technology Conference in New Delhi today he said that regulation is required in the medical devices sector to check profit and money making so as to facilitate providing adequate medical facilities to the poor.

  • The Competition Commission of India (Commission) has found the Karnataka Chemists and Druggist Association (KCDA) and Lupin Ltd. (Lupin) to be in contravention of the provisions of the Competition Act, 2002 (the Act). In a case filed by M/s Maruti & Co., it was brought to the notice of the Commission that KCDA restraints pharmaceutical companies from appointing new stockists in the State of Karnataka unless a No Objection Certificate (NOC) is obtained from it.

  • India continues to win race in pharmaceuticals export over China as per government data. Pharmaceutical exports is leading China's export in important places like US, European Union (EU) and Africa. It is also noted that China's pharmaceutical export in EU & Africa is reducing gradually.

    India’s pharmaceutical exports continued its lead over China in 2015. While India’s Pharma exports grew from USD 11.66 Billion to USD 12.54 Billion in 2015 recording a growth of 7.55%, China increased its exports of Pharma products from USD 6.59 Billion to USD 6.94 Billion showing a growth of 5.3% during the same period.

    India moved ahead of China in all important markets such as US, European Union and Africa. India’s exports of Pharma products to US jumped from USD 3.84 Billion to USD 4.74 Billion, a growth of 23.4% as against China’s Pharma exports to US which moved from USD 1.16 Billion to USD 1.34 Billion in the same period showing a growth of 15%.

    India maintained its lead with growth in EU and Africa recording exports of USD 1.5 Billion and USD 3.04 Billion respectively while China’s exports to EU & Africa showed a declining trend in both the markets.

    << Pharma News

    Subscribe to PharmaTutor News Alerts by Email

  • 30 June 2016
    ICMR-CEEW launch the ‘solar for healthcare’ initiative

    The Indian Council of Medical Research (ICMR) has signed an MoU with the Council on Energy, Environment and Water (CEEW), a policy research institution, to launch a new ‘Initiative on Solar for Healthcare’. The collaboration will focus on providing effective health care delivery at the last mile by reducing uncertainty in critical infrastructure, particularly electricity supply via cost effective solar-based solutions.

  • The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has decided to withdraw the Drugs and Cosmetics (Amendment) Bill, 2013, which had been introduced in the Rajya Sabha in 2013 by UPA government. The Bill had been examined by the Standing Committee of Parliament which had made a number of recommendations for changing the provisions of the Bill.

Subscribe to Government News