Active Pharmaceutical Ingredient News
Can India still be ’pharmacy of the world’ while reducing import dependence of APIs?
India is currently the largest producer of generic medicines with a share of 20% of total global production globally, catering to over 60% of world’s demand
3 min read14 Sep 2020Bangladesh’s bulk drugs policy may hurt Indian exports
Bangladesh has announced a corporate tax holiday bulk drug, or API, makers till 2032, and many other incentives to encourage local pharma manufacturing
2 min read19 Jun 2018India to push for local manufacturing of APIs, reduce dependence on China
The chemicals and fertilizers ministry has joined hands with other ministries to draw up a road map for increasing API production in India
2 min read21 Apr 2018Olive Healthcare faces legal action over violations
Olive Healthcare was found to be manufacturing enclomiphene, a drug that is approved neither in India nor elsewhere
2 min read4 Apr 2018DCGI bans import of drug ingredients from six Chinese firms
The ban on the import of APIs from China may lead to possible shortages of antibiotics, and anti-diabetes, anti-psychotic and antacid drugs, say pharma lobby groups
4 min read8 Jan 2018Govt plans bulk drugs parks, import curbs to boost manufacturing in India
The government, in the draft pharma policy, has proposed ’peak customs duty’ for all active pharmaceutical ingredients (API) , or bulk drugs, that can be made in India
2 min read21 Aug 2017Glenmark’s Ankleshwar plant gets US FDA clearance
Glenmark sources APIs from Ankleshwar plant for many of its crucial formulations that are supplied to the US market
1 min read16 Mar 2017Bid for bulk drug parks gets government’s in-principle nod
Department of expenditure approves move to reduce dependence on raw material imports
1 min read6 Dec 2016CDSCO puts plan to open office in China on hold
India’s drug regulator decided to put off opening a China office to inspect the quality of API manufacturing units there because of the lack of experienced staff
1 min read18 Nov 2016USFDA bans products from Laxachem Organics
The USFDA placed Laxachem Organics on import alert 99-32 that allows detention without physical examination of products from firms refusing FDA foreign establishment inspection
1 min read20 Sep 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared