Pharma Sector News

News

PLI Schemes attract ₹1.76 trillion, create 12 lakh jobs: Govt

Significant gains seen across pharmaceuticals, bulk drugs, food processing, and textiles, the Ministry of Commerce & Industry said.

2 min read25 Jun 2025
Politics

Govt floats EOI for doing major Research & Development in pharma medtech sector

Bigger companies can seek funding of up to ₹125 crore while startups can secure funding of ₹1 crore, over a period of five years, based on their milestones.

3 min read10 Mar 2025
Industry

Rivals emerge to Ozempic and Zepbound—but with a lag

Big pharma challengers like Roche and Amgen could grab a slice of the obesity market.

3 min read19 Jul 2024
From:
Videos

India to join global scheme to improve quality of drugs | Mint Primer | Mint

This video explores the reasons behind India's decision to join PIC/S and its potential impact on the Indian pharmaceutical market. The UAE and other advanced economies often reference prices in developed markets, which pose barriers for affordable Indian drugs, despite their superior quality. Talks are underway to address pricing norms and facilitate Indian generic drug and vaccine exports. The absence of India and China from PIC/S has skewed the price mechanism towards higher prices, hindering Indian exporters of affordable medicines

9 Jun 2023
Videos

Indian Pharma Industry Poised for Growth in 2023 and Beyond | Mint Explains | Mint

Indian pharma in 2023: Industry experts give big thumbs up to the sector. Here's what they are saying. According to a recent EY FICCI report, the Indian pharmaceutical market is estimated to touch $130 billion in value by the end of 2030.

7 May 2023
Markets

Syngene International: Revenue jumps on increase in client base and capacity expansion

Syngene is a leading contract research and manufacturing services (CRAMS) organisation in India.

4 min read18 Jul 2022
Industry

Specialty chemical firms pivot to pharma

Specialty chemical firms, which were eyeing the intermediates business for the past few years, received a boost from the pandemic and the focus on localizing pharmaceutical supply chains

2 min read8 Sep 2020
Mutual Funds

Pharma sector mutual funds give 58% returns, top the charts in one year

DSP Healthcare Fund generated the highest returns of 69.80% in the last one yearNifty pharma index grew by 51.5% in last one year

1 min read16 Aug 2020
Markets

As pharma valuations rise, volume slowdown becomes a concern

Indian pharma market growth slowed in April-May, due to lower number of drug prescriptions

2 min read14 Jun 2020

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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

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