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Middle East crisis escalation may hurt pharma exports

The conflict in the Middle East could impact Indian pharma exports to the MENA region, potentially leading to supply chain disruptions and shortages of essential drugs. Key Indian pharma companies like Sun Pharma, Dr Reddy s, and Lupin may be affected. ....

Saudi Arabia , Israel General , Sun Pharma , Dinesh Dua , Promotion Council Pharmexcil , Middle East , North Africa , Pharmaceutical Export Promotion Council , Sun Pharmaceutical , Taro Pharmaceutical ,

Relief for pharma companies as API prices see a sharp fall

India s pharmaceutical industry, which is dependent on China for APIs, intermediates and bulk drugs, had seen an exponential price increase during Covid times. The rise in API prices continued until early this year. However, things have started to change, people in the know told ET. ....

Mehul Shah , Dinesh Dua , Sun Pharmaceuticals , Promotion Council Pharmexcil , Active Pharmaceutical Ingredients , Pharmaceutical Export Promotion Council ,

India all set to make Penicillin G after three decades on PLI push

India stopped producing the two input drugs about three decades ago and since then it has relied on China for their supplies. "As of now, we are largely dependent on China. With the initiative of the production-linked-incentive scheme, companies like Aurobindo are coming up with fermentation-based products like PenG," said Ravi Uday Bhaskar, director general, Pharmaceutical Export Promotion Council (Pharmexcil). "We will be in a better position in the coming few months." ....

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Govt grants sanction to prosecute joint drugs controller S Eswara Reddy in Biocon Biologics bribery case

Eswara Reddy along with Animesh Kumar (Assistant Drugs Inspector), Biocon Biologics Associate Vice President L Praveen Kumar, and Synergy Network India Private Limited director Dinesh Dua, were arrested last year in the bribery case allegedly to waive the Phase 3 clinical trial of Insulin Aspart injection, a product developed by the company to manage Type 1 and Type 2 diabetes. However, Biocon Biologics, a subsidiary of Kiran Mazumdar Shaw-led Biocon, denied the allegations of bribery. ....

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