HYDERABAD, July 6 (Reuters) - India's pharmaceutical companies are hoping for tax incentives and financial assistance for research on innovative drugs as Prime Minister Narendra Modi's government readies a federal finance budget likely to be presented in July.
Raja Bhanu has assumed his duties as the new director general (DG) of the Pharmaceuticals Export Promotion Council of India (Pharmexcil). With a rich background in drug regulation and facilitation within the pharmaceutical industry, Bhanu's appointment is seen as a strategic move to bolster India's position in the global pharmaceutical market.
The Pharmaceuticals Export Promotion Council of India (Pharmexcil) has announced its participation in the upcoming Vietnam Medi-Pharm Expo, scheduled to be held between August 1 and 3, 2024, in Ho Chi Minh City. This prestigious event, backed by the Ministry of Health of Vietnam and organized by VINEXAD, is an annual highlight in the international health sector calendar.
The U.S. Department of Justice (DOJ) and the U.S. Food and Drug Administration (FDA) today announced the creation of a federal multi-agency task force to combat the illegal distribution and sale of e-cigarettes.
The Pharmaceuticals Export Promotion Council of India (Pharmexcil) has announced significant developments following the 8th Working Group on Trade meeting between India and Taiwan. The discussions centered on enhancing cooperation in the pharmaceutical sector, with a particular focus on the supply of 72 active pharmaceutical ingredients (APIs) from India to Taiwan.
In a bid to enhance healthcare provisions in the Republic of Belarus, the Pharmaceuticals Holding Company BELPHARMPROM, under the Ministry of Health, has reached out to Indian pharmaceutical companies for collaboration. This move aims to address the demand for essential medicines and explore opportunities for the localization of finished dosage forms (FDF).
In a bid to reinforce quality compliance and ensure patient safety within the pharmaceutical sector, industry leaders congregated at Panjim in Goa on March 27, 2024 for a comprehensive capacity building workshop organized by the Pharmaceuticals Export Promotion Council of India (Pharmexcil) in collaboration with Goa Food and Drug Administration (FDA) and Central Drugs Standard Control Organisation.
Aarti Drugs Limited, a Mumbai based diversified and fully integrated pharmaceutical company, with interests in Active Pharmaceutical Ingredients (API), Formulation, Specialty Chemicals and Intermediates has won Pharmexcil Outstanding Exports Award 2021-2022.
The Pharmaceuticals Export Promotion Council of India (Pharmexcil) has urged its member companies with operations in Latin American Countries (LAC) or those interested in expanding their businesses in the region to send their expression of interest (EOI) to export levothyroxine and levonorgestrel from India.
India may witness price hike for active pharmaceutical ingredients (APIs) and Key Starting Materials (KSMs) but no shortages in the wake of Covid-19 situation in China due to disruptions in demand and supply.