The Indian government in March put a hold on exports of several drugs including paracetamol to secure supplies for its people after COVID-19 outbreak disrupted the industry's supply chain globally.
Till May 15, the overall inventory was 39 days, compared to 43 days in first half of the previous month
Injectibles account for 60% of crunch; most plants under American regulator's lens the past two months have now received positive outcomes
Data from market research firm AIOCD-AWACS shows that sales of oseltamivir (common brand Tamiflu), used against the influenza virus and also for swine flu, went up by 35.8 per cent in April
Sale of anti-infectives (11% of domestic pharma market) fell by 21.5%, while gynaecological and dermatological drugs fell by about 23%
The Pune-based company plans to start trials on people to assess whether the Bacille Calmette-Guerin (BCG) vaccine for tuberculosis can also protect against the Covid-19 virus.
With vaccines of some firms already in animal trial phase, developers say that if all goes well, India could have a vaccine by next year
With the pharma sector being rerated, given steady growth prospects and attractive valuations, all the companies, including pharma MNCs, will see greater investor interest
Despite the pharmaceutical industry having the essential commodities tag, the administration, police and building societies was not allowing movement of people and products
Combined capacity utilisation at all-India level is 60-70% - higher than in most other industries
Cipla gets nod for drug from USFDA earlier than expected; Lupin in fray
Cardio-diabetic and respiratory segments clock robust growth
In the first week of March, India restricted the exports of 13 APIs and their formulations to ensure there was no shortage in the domestic market.
Aurobindo was scheduled to acquire the portfolio with an upfront purchase price of $900 million in cash
Policymakers and pharma companies will have to work together to speed up trials of new vaccines and legislate to ensure essential drugs and tests are affordable and available
The company has upgraded its manufacturing facility at Khatraj near Ahmedabad with Rs 30-crore investment
From FY15 to FY19, Indian manufacturers received fewer warning letters than Chinese counterparts
The trend is unlikely to reverse in the near term, say experts
Pharma players to meet DoP to discuss suggestions around implementing ethical marketing practices code
Indian companies have also been hit in their global business.