Cadila Healthcare's market capitalisation was Rs 53,756 crore on the BSE on Friday
Pharma body moves USTR, says no cases of compulsory licensing or patent revocation in last two years
Prices of patented drugs are lower in Canada, United Kingdom and Australia in comparison to the US
Generic drug industry in India which supplies to the US is unlikely to be affected, says Pankaj Patel
Past 24 months have seen 648 new initiatives in this area out of a total of 6,828 new drug launches
Govt will fund up to 70% of project cost, subject to a cap of Rs 20 crore to set up a cluster on PPP basis
SPV being set up to develop the project on 12,500 acres; facility to provide entire ecosystem needed for pharma industry
GSK, J&J, Novartis, Merck are among top 20 firms working towards making available essential drugs in low- and middle-income countries
Firms like Dr Reddy's and Cadila have seen US revenues dip due to heavy pressure on generics market
Indian firms enjoy 77% share, post 12.6% growth against 7.9% by MNCs, with superior penetration, brand recall, marketing
Spread of drug-resistant infections could hit the global economy even harder than the the 2008 financial crisis
Dept of pharmaceuticals, finance ministry to work together on quantum of waiver on interest payment
There are 27,000 pharmacy outlets in Gujarat, they can stop selling unsafe drugs after aberrations are detected in the batch
Price control, ban on fixed dose combinations cited as reasons for slower growth
Diabetic, neurology and cardiac segments beat overall pharma market growth by 250-700 bps, gastro and anti-infective were laggards According to data from the AIOCD-AWACS, the market research wing of the All India Organisation of Chemists and Druggists (AIOCD), the pharmaceutical market saw a growth of 7.7 per cent in May as against 3.5 per cent previous month. "We believe the impact of the FDC ban should lessen going ahead as companies launch new combinations," Religare research analyst Praful Bohra said in a report. On the other hand, the non-FDC category grew relatively better at 8.4 per cent in May as against 4.2 per cent in April, he added. The Centre recently banned 344 FDC drugs based on the findings of an expert panel. FDC drugs continued to witness weak growth, mostly in anti-infective and dermatology therapies. Therapy-wise, the anti-diabetic, neurology/CNS and cardiac segments outperformed the pharma market growth by ...
Govt also looking at financial viability for providing Rs 200 cr each to three new bulk drug manufacturing parks