Leading drug makers have decided to collaborate for clinical trial of the investigational oral antiviral drug Molnupiravir
Firms work to secure raw material locally as imports remain a challenge
Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20
Here's a selection of Business Standard opinion pieces for the day
Disruption to supplies from China due to the Covid-19 pandemic was also a major factor
Analysts expect earnings growth to be in the range of 30-40 per cent for drug firms owing to both domestic recovery as well as strong export opportunities
Exports grew 16.22 per cent year-on-year to $6.21 billion in the first week of January, mainly driven by healthy growth in pharmaceuticals, and engineering sectors, reflecting signs of revival
To the media, Somani may be a man of few words but among peers he's known for quick responses
Created 7 billionaires in 2020; now 17 super-rich promoters in the sector with combined wealth of Rs 4.35 trillion
Approval to Covaxin raises many questions
MRP for private market Rs 1,000/ dose; current licence does not allow export or sale in private market
India's proposed WTO waiver faces stiff opposition from the US and EU
Amazon, Reliance recently announced their foray into e-pharma sector
Firm's consolidated total revenue for the quarter, however, fell marginally by 0.7% to stand at Rs 2,023 crore
This is the most opportune time to invest in the Indian pharma and medical device sector as the government is extending production linked incentives for new manufacturing units, Gowda has said
Higher share of patented products, scope for margin improvement and chronic portfolio are key positives
Promoted by Dadha Pharma, Netmeds is one of the earliest players in online pharmacy having incorporated in 2015
The letter has also been addressed to Prime Minister Narendra Modi, Union Home Minister Amit Shah and other top ministers and government officials
Govt is trying to reduce dependence on China for APIs and develop indigenous sources
The USFDA granted remdesivir an emergency use authorization for the treatment of hospitalized patients with severe Covid-19