Pharma sector Current Affairs - 2020

NPPA fixes ceiling price of 54 drug formulations

The National Pharmaceutical Pricing Authority (NPPA) has fixed ceiling price of 54 drug formulations used for treatment of cancer, bacterial infections, diabetes and hypertension. NPPA has revised/fixed the ceiling prices as per the Schedule-I under Drugs (Price Control) Amendment Order (DPCO), 2016. Besides, it also has fixed the retail price of 11 drug formulations under Read More…

Union Government bans repeat animal testing of drugs

The Union Ministry of Health and Family Welfare has scrapped repeat tests on animals for drugs which already have been approved by other countries. In this regard, the ministry has as amended Schedule Y of the Drugs and Cosmetics Rules, 1945. The new rules state that There is no need for repeat tests on animals Read More…

World’s 1st fast-acting Anti-Rabies drug to be launched in India

World’s first fast-acting anti-rabies drug Rabies Human Monoclonal Antibody (RMAb) will be launched in India. The drug has been developed by Pune-based Serum Institute of India (SII) and US-based MassBiologics of the University of Massachusetts Medical School. About RMAb RMAb drug is a human IgG1 monoclonal antibody that instantly deactivates rabies virus by specifically binding Read More…

Bharat Biotech develops world’s first Zika vaccine candidates

Hyderabad-based vaccines manufacturer Bharat Biotech has announced a breakthrough in developing the world’s first Zika vaccine by developing two candidates. In this regard, the pharmaceutical company has submitted two vaccine candidates, one each of inactivated and recombinant type to the Government. Key facts These two candidates are in an advanced stage of development and could Read More…

DAVA project bags 2015 eASIA award for trade facilitation

The Drug Authentication and Verification Application (DAVA) project of The Department of Commerce has won the 2015 eASIA Award under Trade Facilitation category. The award was announced by Asia Pacific Council for Trade Facilitation (APCTF) and Tehran based (Iran) Electronic Business. The eASIA award is administered by AFACT which aims to development and promotion of Read More…