Pharma City to be launched this year
Industries Minister K.T. Rama Rao said that there were no more obstacles in the way of grounding the Pharma City project at Mucherla, 40 km from here, as the State government had obtained the National Investment and Manufacturing Zone (NIMZ) approval and the environmental clearance for it from the Centre.
India emerges as a hub for biotech drug research, says report
The Indian pharmaceutical companies always had strong chemistry skills to work on small molecules to make generic drugs, but they lacked skills, people and ecosystem to work on large molecules to come up with reverse engineered versions of biotech drugs, many experts complain. However, it is beginning to change.
Industry urges Govt to defer implementation of newly inserted Rule 36(4) in CGST till April 1, 2020
The pharmaceutical industry in the country has urged the union government to defer the applicability of newly inserted Rule 36(4) in Central Goods & Services Tax (CGST) till introduction of new system of invoicing which is scheduled to be applicable from April 1, 2020.
Industry Body Calls For Reduction in GST on Active Pharmaceutical Ingredients
Industry body Confederation of Indian Industries (CII) has called for a reduction in Goods and Services Tax (GST) applicable to Active Pharmaceutical Ingredients (APIs) in line with pharma formulations.
CDSCO strengthens oversight of clinical trials, 145 trials inspected in 3 years
In a bid to ensure compliance of good clinical practice guidelines for clinical studies in India, the Central Drugs Standard Control Organisation (CDSCO) has stepped up inspection of clinical trial sites of biological products as well as new drugs in the country.