News
Pharmacy & healthcare news
Industry updates, regulation, and developments that matter to Indian pharmacies.
Bharat Biotech Inaugurates ₹1,500 Crore Vaccine Manufacturing Facility in Odisha
Bharat Biotech has launched a ₹1,500 crore state-of-the-art vaccine manufacturing facility at the Odisha Biotech Park in Bhubaneswar.
Jan 18, 2025
Neuro-CNS Drug Sales Rise by 56% in 3 Years
Mental health conditions such as anxiety, depression, and insomnia have been on the rise, and this has seen a sharp increase in the use of neuropsychiatric drugs.
Jan 18, 2025
With Successful Trials, CDRI Gets Nearer to Antimalarial Vaccine Development
Scientists from CSIR-Central Drug Research Institute (CDRI) have come closer to the development of an antimalarial vaccine after developing a novel whole parasite vaccine successfully.
Jan 18, 2025
IBM and L'Oréal Collaborate to Develop AI Model for Sustainable Cosmetics
In a groundbreaking collaboration, IBM and L’Oréal have announced a partnership to launch the first-ever AI model tailored to accelerate the development of sustainable cosmetics.
Jan 17, 2025
Union Government Plans AYUSH Regulation to Boost Traditional Medicine Systems
Union Minister for AYUSH Prataprao Ganpatrao Jadhav announced the government's plans to establish a national regulatory framework for the AYUSH sector, aiming to standardize and strengthen practices in Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy.
Jan 17, 2025
AI eBay Algorithm Blocks Two Million Illegal Medicine Sales
eBay, the world's largest online retail company, in collaboration with the Medicines and Healthcare products Regulatory Agency (MHRA), was able to stop almost two million illegal medicines from hitting the market in 2024.
Jan 16, 2025
Calcutta HC Orders Paschim Banga Pharmaceuticals to Halt Production; State to Compensate Victim Families
The Calcutta High Court has directed Paschim Banga Pharmaceuticals Limited to halt all production for commercial purposes and has also sought the withdrawal of all stocks procured, including non-expired ones, by the West Bengal government.
Jan 16, 2025
FDA Bans Red Dye No. 3: A Milestone in Consumer Health Protection
The U.S. Food and Drug Administration (FDA) has officially banned the use of Red Dye No. 3 in food, beverages, and ingestible medications.
Jan 16, 2025
Sun Pharma's Unit Taro to Buy 100% Stake in Antibe Therapeutics
Sun Pharmaceutical Industries announced that its subsidiary, Taro Pharmaceuticals, will acquire a 100% stake in Antibe Therapeutics, a Canadian biotechnology company that focuses on pain and inflammation management.
Jan 16, 2025
FTC Report Reveals Big 3 PBMs Profited $7.3B by Inflating Drug Prices
A report from the U.S. Federal Trade Commission (FTC) reveals that the "Big 3" Pharmacy Benefit Managers (PBMs)—Caremark Rx, Express Scripts, and OptumRx—generated an additional $7.3 billion in revenue by inflating drug prices.
Jan 15, 2025
IPC to Host World Pharmacopoeia Meet in February 2025
The Indian Pharmacopoeia Commission (IPC) will host the 15th International Meeting of World Pharmacopoeias (IMWP) in collaboration with the World Health Organization (WHO) on February 5, 2025.
Jan 15, 2025
Piramal Pharma Converts Coal-Fired Boiler to Biomass Briquettes at Digwal Facility
Piramal Pharma Limited (PPL) has converted the coal-fired steam boiler at its API and intermediates manufacturing facility in Digwal, India, to run on biomass briquettes.
Jan 15, 2025
Fischer Medical Ventures Subsidiary Gets CDSCO License to Manufacture MRI Systems
A subsidiary of Fischer Medical Ventures, Time Medical International Ventures (India), has reportedly been the first indigenous company to be granted the much-awaited CDSCO license in India to manufacture the Magnetic Resonance Diagnostic Devices in India.
Jan 14, 2025
'Expired' IV Fluid Issue: Preliminary Probe Points to Human Error
A preliminary report submitted by a 13-member expert committee that is probing the alleged use of "expired" IV fluids at Medinipur Medical College and Hospital (MMCH) has pointed to "human error" and procedural lapses as contributing factors. The incident resulted in the death of one woman and left three others critically ill after childbirth
Jan 13, 2025
ICMR Study Reveals 15 Lakh Annual Surgical Site Infections in India
A new Indian Council of Medical Research (ICMR) report has highlighted that approximately 15 lakh patients in India suffer from Surgical Site Infections (SSIs) annually, with a concerning SSI rate of 5.2%. Orthopaedic surgeries, in particular, pose a high risk, with an alarming 54.2% infection rate, raising a serious challenge for the healthcare system.
Jan 13, 2025
Stryker Introduces Insignia Hip Stem in India to Transform the Landscape of Hip Replacement Surgery
Stryker has released the Insignia Hip Stem in India. The company aims to develop patient-specific fit while providing better ease of surgery during total hip and hemiarthroplasty procedures.
Jan 13, 2025
UT Man Loses ₹1.4 Lakh to Scam for Fake Patanjali Treatment
A resident of Sector 35, Chandigarh, lost ₹1.4 lakh after being cheated by some people who were portraying themselves as Patanjali Yogpeeth representatives. They had promised to treat the father of the victim.
Jan 13, 2025
Call Center in Thane Busted; Accused Arrested for Selling medicines to US nationals without license.
The Thane police have arrested a 31-year-old man accused of running a call center on the outskirts, selling controlled medicines to US nationals without proper licensing.
Jan 12, 2025
Illegal Tramadol Diversion Uncovered in Punjab: Two Arrested
The Amritsar rural police have made significant progress in investigating the illegal diversion of tramadol, a banned sedative pill, after seizing 50,500 tablets in the Kathunangal area on January 6.
Jan 12, 2025
Chemist Arrested in Nangloi for Illegally Supplying Prescription Drugs to Addicts
A 52-year-old chemist in Nangloi, New Delhi, has been arrested for allegedly supplying prescription drugs intended for addiction treatment to local drug addicts without proper prescriptions.
Jan 10, 2025
Fake Call Centre in Gurugram Busted; 11 Arrested for Selling Spurious Herbal Medicines
Gurugram police have busted a fake call centre that was cheating people by selling herbal medicines for sexual health issues. The operation, which had been going on for nearly 10 months, resulted in the arrest of 11 people, including four women.
Jan 10, 2025
Lupin’s Generic Drug to Treat Cystic Fibrosis Receives FDA Tentative Approval
Mumbai-based Lupin Limited has announced that its Abbreviated New Drug Application (ANDA) for Ivacaftor Oral Granules has received tentative approval from the US Food and Drug Administration (USFDA).
Jan 10, 2025
India’s Pharma Sector Set for Massive Growth with $350 Billion Export Potential by 2047
India’s pharmaceutical exports have the potential to soar to $350 billion by 2047, according to a report by Bain & Company in collaboration with the Indian Pharmaceutical Alliance (IPA), Indian Drugs Manufacturers Association (IDMA), and Pharmexcil.
Feb 9, 2025
Study Finds New Molecules to Counteract Chemotherapy Drug Resistance and Enhance Cancer Treatment
Researchers at Punjabi University, Patiala have made significant progress towards making chemotherapy more effective by discovering new molecules to combat drug resistance mechanisms in cancer treatment.
Feb 9, 2025
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