Pharma sector Current Affairs - 2020

Guidelines for evaluation of Nano Pharmaceuticals released

Ministry of Science and Technology issued the “Guidelines for the Evaluation of Nano pharmaceuticals in India” on October 24, 2019. This is the most crucial step for delineating quality, safety and efficacy assessment of the novel nano formulations. The guidelines are important as they help to provide predictable regulatory pathways and transparency for nano pharmaceuticals Read More…

India to add 3 Million Tech Jobs by 2023: ISF

According to Indian Staffing Federation’s (ISF) Tech Employment Projections, the Indian tech industry will add another three million new jobs in next 5 years. Key Highlights With the addition of 3 million new jobs in next 5 years, the size of country’s tech army will reach seven million by 2023. Job Areas: All these new Read More…

Health Ministry releases draft rules for e-pharmacies to regulate online sale of medicines

Union Health Ministry has released draft rules on sale of drugs by e-pharmacies to regulate online sale of medicines across India. These rules also have been proposed to ensure accessibility and availability of genuine drugs to the people across India from authentic online portals. Key features of rules It is mandatory for online pharmacies to Read More…

Indian Pharmacopoeia Commission approves modern animal-free testing for drugs

Indian Pharmacopoeia Commission (IPC) has in its 2018 edition of Indian Pharmacopoeia approved modern, animal-free tests for drug manufacturers. It will spare animals from suffering due to drug experiments. 2018 Indian Pharmacopoeia It provides guidelines on tests for drugs manufactured and marketed in India. It replaces pyrogen test carried out on rabbits and abnormal toxicity Read More…

NPPA fixes retail price of 30 drug formulations

Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has fixed retail price for 30 drug formulations, including those used for treatment of diabetes, bacterial infections and high blood pressure. The prices were fixed/revised under Drugs (Prices Control) Order (DPCO), 2013. National Pharmaceutical Pricing Authority (NPPA) NPPA is independent body under Department of Pharmaceuticals, Ministry of Read More…