Bulk Drug Imports

Under new guidelines, testing will be reduced to one sample every two years or one sample from 20 consecutive consignments, whichever comes first

Industry insiders say pharma players are taking advantage and stocking up on APIs

Experts say scheme to boost local manufacturing will take 5-7 years to show tangible results

PM will visit Himachal Pradesh on Thursday to flag off Vande Bharat Express, lay the foundation stones of Bulk Drug Park that will attract investment of around Rs 10,000 crore

The lockdown in various Chinese provinces, including Shanghai, is likely to delay shipments by two weeks to a month, said domestic players.

The government has given approval to four waitlisted firms under the Production Linked Incentive (PLI) scheme for domestic manufacturing of bulk drugs, an official statement said on Monday. The Department of Pharmaceuticals had launched the PLI scheme for promotion of domestic manufacturing of critical bulk drugs -- Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs). It envisages setting up greenfield plants in four different target segments with a total outlay of Rs 6,940 crore for the period 2020-21 to 2029-30. All the 215 applications received for the 36 products spread across the four target segments were considered and appraised and selected participants duly informed, the Ministry of Chemicals and Fertilizers said. Now, four waitlisted applicants who are otherwise eligible have been approved against slots vacated by withdrawal by companies which had earlier been granted approvals, the ministry said. The companies which have been gi

However, there is no shortage expected at the retail level anytime soon

The orders signed by US President Donald Trump would allow states to develop plans to import cheaper drugs from Canada

According to a government notification, bulk drugs accounted for 63 per cent of total pharmaceutical imports in the country in 2018-19.

Price and capacity constraints, however, would be big impediments.

The notification has been sent to the Central Pollution Control Board, Expert Appraisal Committee and pollution control boards in all states and Union territories

FY17 imports lowest in 3 years, exemption withdrawn to provide level playing field to domestic units