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Indian Pharma

Short-term painkiller? Pharma Inc gets a breather from US tariffs

Tariff worries, raw material costs still ail sector

Short-term painkiller? Pharma Inc gets a breather from US tariffs
Updated On : 04 Apr 2025 | 12:20 AM IST

Indian pharma market registers 7.5% growth in Feb 2025: Pharmarack

Among them, the cardiac, gastrointestinal, and antidiabetic therapies saw high value growth of 9.5 per cent, 9.6 per cent, and 6 per cent, respectively

Indian pharma market registers 7.5% growth in Feb 2025: Pharmarack
Updated On : 07 Mar 2025 | 7:28 PM IST

India pharma exports surge 9%, outpacing global average, says report

India has also surpassed the US in the number of FDA-registered generic manufacturing sites

India pharma exports surge 9%, outpacing global average, says report
Updated On : 27 Feb 2025 | 11:34 PM IST

India's pharma exports set for 10x growth, targeting $350 billion by 2047

Indian biosimilar exports, presently valued at $0.8 billion, are expected to grow fivefold to $4.2 billion by 2030 and reach $30-35 billion by 2047

India's pharma exports set for 10x growth, targeting $350 billion by 2047
Updated On : 09 Feb 2025 | 2:24 PM IST

AI, machine learning to help Indian pharma industry to pivot on innovation

As technological advancements like AI, machine learning and precision medicine revolutionise drug discovery, manufacturing and patient care, Indian pharmaceutical industry is set for a 'profound transformation' in 2025 with innovation, wider global access and improvement in quality becoming key themes for the future. The industry, which is expected to grow nearly two-fold to around USD 130 billion in size by 2030, is looking to take advantage of conducive policies, demographic and digital talent, in making India play a pivotal role in advancing global health for all. Currently accounting for around 20 per cent of the overall generic drug sales globally, the Indian pharma industry is focussing on research excellence and innovation in order to position the country as a global hub for high-quality, affordable pharmaceuticals. "The Indian pharma market is expected to move up to USD 120-130 billion by 2030 from the current size of USD 58 billion. Initiatives in terms of quality, innovati

AI, machine learning to help Indian pharma industry to pivot on innovation
Updated On : 26 Dec 2024 | 11:36 AM IST

India to add 50 new pharma greenfield plants under PLI scheme: Pharma Secy

He stated that the Indian meditech industry also exported more than the country imported in the surgical and consumable space

India to add 50 new pharma greenfield plants under PLI scheme: Pharma Secy
Updated On : 26 Sep 2024 | 5:56 PM IST

World Pharmacist Day 2024: Date, History, significance, wishes and quotes

Every year on September 25, 2023, World Pharmacist Day is observed as a special day to honour and acknowledge pharmacists for their enormous contributions to enhancing world health

World Pharmacist Day 2024: Date, History, significance, wishes and quotes
Updated On : 25 Sep 2024 | 10:39 AM IST

Indian pharma firms seek govt tax reliefs, incentives to spur innovation

The upcoming budget would be Modi's first major policy announcement in his third term as prime minister

Indian pharma firms seek govt tax reliefs, incentives to spur innovation
Updated On : 07 Jul 2024 | 7:18 PM IST

Indian pharma cos make versions of Wegovy to get in on weight-loss windfall

Novo has not provided a clear timeline for introducing Wegovy globally, but told Reuters it aims to launch in India in 2026

Indian pharma cos make versions of Wegovy to get in on weight-loss windfall
Updated On : 22 Feb 2024 | 12:32 PM IST

Indian drug firms look for new opportunities in Saudi Arabia pharma market

Indian drug firms sense opportunity to increase presence in $8.9 bn Saudi market

Indian drug firms look for new opportunities in Saudi Arabia pharma market
Updated On : 21 Feb 2024 | 11:39 PM IST

Trade generics growth to dent value expansion of domestic drug market

Jan Aushadhi and trade generics together constitute 20-22% of pharma market volumes

Trade generics growth to dent value expansion of domestic drug market
Updated On : 25 Dec 2023 | 11:11 PM IST

USFDA pulls up Intas Pharma for manufacturing lapses at Ahmedabad plant

The US health regulator has pulled up Intas Pharmaceuticals for manufacturing lapses, including violation of current good manufacturing practice (CGMP) regulation, at its Ahmedabad-based plant. In a warning letter to the company's CEO and MD Nimish Chudgar, the US Food and Drug Administration (USFDA) has pointed out various manufacturing lapses at the Matoda-Sanand, Ahmedabad-based facility. A warning letter is issued when the US health regulator finds that a manufacturer has significantly violated its regulations. The USFDA inspected the facility from May 1-12, 2023. "This warning letter summarises significant violations of CGMP regulations for finished pharmaceuticals... Because your methods, facilities, or controls for manufacturing, processing, packing, or holding do not conform to CGMP, your drug products are adulterated," it noted. In the warning letter, the health regulator pointed out the company "failed to exercise its responsibility to ensure drug products manufactured

USFDA pulls up Intas Pharma for manufacturing lapses at Ahmedabad plant
Updated On : 10 Dec 2023 | 11:25 AM IST

Indian pharma industry can grow to $450 bn by 2047: EY-OPPI report

The report underlines the need for collaboration and alignment between the industry, academia and government to advance research and innovation capabilities

Indian pharma industry can grow to $450 bn by 2047: EY-OPPI report
Updated On : 26 Nov 2023 | 10:14 PM IST

Lupin announces launch of world's first FDC drug for chronic lung disease

Lupin Vilfuro-G is the only FDC that uniquely combines Vilanterol, Fluticasone Furoate, and Glycopyrronium Bromide for the long-term management and treatment of moderate to severe COPD

Lupin announces launch of world's first FDC drug for chronic lung disease
Updated On : 23 Nov 2023 | 4:34 PM IST

Ryzneuta for chemotherapy-induced neutropenia receives USFDA approval

Acrotech Biopharma is preparing to commercialise Ryzneuta in the United States in the near future

Ryzneuta for chemotherapy-induced neutropenia receives USFDA approval
Updated On : 22 Nov 2023 | 6:22 PM IST

India must save the reputation of its pharma industry

When both our trading partners and our own doctors raise questions about the quality of medicines we make, what is the government doing to assuage these valid concerns?

India must save the reputation of its pharma industry
Updated On : 16 Nov 2023 | 12:07 AM IST

Mankind Pharma sees 21% profit surge in Q2 despite consumer health hurdles

The delayed season not only affected anti-infectives but also related sub-therapies such as respiratory, cough and cold, gastro, and vitamins, says Juneja

Mankind Pharma sees 21% profit surge in Q2 despite consumer health hurdles
Updated On : 12 Nov 2023 | 11:53 PM IST

Govt mulling guidelines for OTC medicines; move to reduce burden on doctors

Industry players present at the event highlighted that the OTC market offers a major business opportunity, but it needs transparent and clear regulations

Govt mulling guidelines for OTC medicines; move to reduce burden on doctors
Updated On : 03 Nov 2023 | 10:54 PM IST

Biocon, Juno Pharma ink pact for commercialisation of Liraglutide in Canada

Under the agreement's terms, Biocon will be responsible for obtaining regulatory approvals for Liraglutide and will subsequently manage the manufacturing and distribution of the product within Canada

Biocon, Juno Pharma ink pact for commercialisation of Liraglutide in Canada
Updated On : 06 Oct 2023 | 5:43 PM IST

Cytiva opens new manufacturing facility and experience center in Pune

The newly unveiled manufacturing facility in Pune will produce bioprocessing equipment, including tangential flow, virus filtration, and inactivation systems

Cytiva opens new manufacturing facility and experience center in Pune
Updated On : 05 Oct 2023 | 6:56 PM IST