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Govt waives import duty on Remdesivir API, injections and specific inputs
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BIG BREAKING: Centre reduces price of Remdesivir injections by nearly Rs 2000
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COVID-19: Pharma companies slash Remdesivir injection prices after govt intervention ANI | Updated: Apr 17, 2021 20:58 IST
New Delhi [India], April 17 (ANI): Amid the shortage of the anti-viral drug Remdesivir in the wake of spike in COVID-19 infections in the country, seven major pharmaceutical companies have reduced the maximum retail price (MRP) of the drug on the intervention of the Union government.
The announcement comes days after the Central government held a meeting with all-existing manufacturers of the drug and other stakeholders in order to discuss steps taken to increase production and supply and reduce prices of Remdesivir.
In an office memorandum issued on Saturday, the Ministry of Chemicals and Fertilizers said, with reference to the ongoing efforts for enhancement of availability and affordability of Remdesivir injection. On the intervention of the government, the major manufacturers/marketers of Remdesivir injection ha
India: The pharmacy of the world
ARUN KUMAR SAHU
IN OCTOBER 2020, Prime Minister of India Narendra Modi, while delivering the keynote address at the annual Invest India conference in Canada through video conferencing, said, India is playing the role of the pharmacy to the world.” He added, India s story is strong today and stronger tomorrow.
During the covid19 pandemic, India provided medicines including hydroxychloroquine (HCQ), paracetamol APIs and tablets to over 100 counties. As the world experiences the covid19 vaccine rollout, India has provided over 36 million doses to various countries, including a donation of 6.75 million doses and 29.44 million doses under various commercial contracts.