5th November 2022 | Pharma Updates

Latest pharmaceutical industry news and updates

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Govt. of India to establish national drugs database to monitor quality

On Friday, the Government constituted an expert panel to prepare a “National Drugs Database” which will be a comprehensive database of drugs manufactured and marketed in the country. This will help in monitoring their quality and regulatory policies associated with them.

Lupin receives tentative nod from US FDA for Drosperinone tablets

Lupin Limited declared that they have received tentative approval from US FDA for its ANDA (Abbreviated New Drug Application) for Drospirenone tablets (4 mg strength). Drospirenone tablets are the generic equivalent of Slynd Tablets (4 mg) of Exeltis USA.

India viewing greater market access for Pharma products the the UK under proposed FTA: Official

Indian Pharma industry is looking forward to greater market access in the UK as part of the proposed free trade agreement with Britain. The official stated that both countries are trying to sign a deal that works for their national interests.

Cipla beats estimates and shows an 11% hike in quarterly profit

Indian drugmaker Cipla Limited showed a greater than estimated, 11% rise in the second quarter profit on Friday which was backed by a high demand for its drugs, inhalers, and a boost in its new ventures.

Sanofi and AstraZeneca's drug approved by the European Commission

Sanofi and AstraZeneca Plc’s Beyfortus received European approval to use it on infants before their first RSV season. The antibody injection will protect infants by the age of two from the common virus that might turn deadly otherwise.

Ajanta Pharma first in list among losers in "A" group

In Friday’s update of BSE’s (Bombay Stock Exchange) “A” group, since Ajanta Pharma Limited lost 6.65% to Rs 1258.55 at 14:45, its stock was shown to be the biggest loser in the group.

MSC delivers certified quality for Pharma Customers

India’s Msc Agency Private Limited is a worldwide shipping Agency with 675 local offices and over 1000 refer experts. It said in a report that it is GDP (Good Distribution Practices) compliant and provides reliable and cost-effective deliveries to any destination.

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