5th December 2022 | Pharma Updates

Latest pharmaceutical industry news and updates

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National Drug Portal to be established for all medicines by 2023

The news of digital push to the pharma industry has come out with the announcement of the establishment of a National Drug Portal by the Central Government that will keep a track of all the medicines, by the end of 2023. This is being done to strengthen the consumer rights in India.

Sun Pharma receives CDSCO approval to market Esomeprazole dual release gastroresistant tablets

Sun Pharma received approval from the Subject Expert Committee (SEC) working under the CDSCO to produce and market Esomeprazole dual release gastro-resistant tablets (80 mg), a treatment for moderate to severe refractory gastro-oesophageal reflux disease (GERD) for 4 weeks only.

Dr. Reddy's and Sun Pharma recalls products in US over manufacturing issues

According to the US Food and Drug Regulatory agency, Dr. Reddy’s and Sun Pharma are recalling different products from the US market for manufacturing issues. DRL is recalling over 48,000 cartons used to treat Sneezing or stuffy nose.

6 mid-cap pharma stocks including 2 MNC's with an upside potential on path to recovery

After experiencing a series of downfalls, select pharma stocks are now making a comeback. The list contains pharma MNc’s those have restructured their ecosystem in the last four years.

Novartis blockbuster drug set to go off-patent and cause disruption in Cardiac market

The Drug major Novartis’ blockbuster heart failure durg Vymada or Entresto is going off-patent in January and is likely to cause major disruptions in the India’s Cardiology market. Many companies are planning to manufacture and market the generic version of the drug.

Indian Pharma sector should focus on R&D and Innovations: Yogesh Mudras

Indian Pharmaceutical sector has observed a growth of 5% in the last fiscal year. During the CEO’s Roundtable at the 15th edition of CPHI PMEC India, the CEOs of companies, including RPG Life Science and Fermenta Biotech, also discussed ways to move the focus of the domestic industry from volume to value.

Odisha state expects 200 Crore Investment in Pharma and Healthcare next year

The day 3 of Make in Odisha Conclave 2022, the flagship biennial global investors’ meet of the State, a session was held on “Healthcare and Pharma” under the theme “Universal Health Coverage in Odisha – Opportunities unfolded” with an aim to discuss initiatives, schemes, priorities, opportunities, and so on.

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