Pharma sector Current Affairs - 2020

WHO settles India, EU medicine dispute issue

The World Health Organisation (WHO) has dropped the term ‘counterfeit’ and retained ‘falsified’ to describe medicines of inferior quality. This decision was taken by a WHO’s technical working group on draft working definitions of substandard/spurious /falsely-labelled/falsified/counterfeit (SSFFC) medical products. It settles longstanding India, EU medicine dispute and battle about labelling of drugs. It is considered Read More…

Indian Pharma companies rank 19th in Biopharmaceutical Competitiveness & Investment (BCI) Survey

Indian pharmaceutical companies have ranked low at 19th position with an overall score of 59 out of 100 among in the Biopharmaceutical Competitiveness & Investment (BCI) Survey. The survey of 28 countries was commissioned by the Pharmaceutical Research and Manufacturers of America and executed by the Pugatch Consilium. It was third edition of survey. How Read More…

India seeks greater Pharma market access in Japan

India is seeking greater market access for the domestic pharmaceuticals sector in the Japanese market as India’s share in the Japanese drug market continued to be below par. It was announced by Union Commerce Minister Nirmala Sitharaman in seminar on promoting India’s exports to Japan under India-Japan CEPA (Comprehensive Economic Partnership Agreement) in New Delhi. Read More…

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Union Government caps prices of 24 essential drugs

The Union Government has capped the prices of 24 essential drugs used for treatment of cancer, HIV, bacterial infections, anxiety and cardiac conditions. In this regard, the Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has issued an order. It revised ceiling prices of 24 scheduled formulations of schedule-I under Drugs (Price Control) Amendment Order, Read More…

Canada to conduct world’s first Zika vaccine test on humans

Researchers from Laval University based in Quebec City, Canada are going to conduct the world’s first Zika vaccine test on humans. They are first international researchers team in the world to complete all of the steps in the regulatory process for the test. The development of the Zika vaccine has been authorized by the US Read More…