Page 3 - Drugs

AstraZeneca trounces Q1 estimates as resilient demand fuels growth

AstraZeneca stuck by its forecast of total revenue and core earnings per share increasing by percentages in the low double-digits to low-teens in 2024

Govt expands committee for drugs, medical devices pricing reforms

According to an industry source, the committee will also look at ways to design a price moderation framework for medical devices while providing incentives to the medtech industry to minimize imports

Breaking Bad: What's behind so many meth lab busts in Greater Noida?

Greater Noida is now a surprising hotspot for drug busts involving foreigners running meth labs. In a recent raid, 26.67 kg of drugs valued at Rs 100 crore were seized

Powered by iPhone exports, electronics become India's fifth largest export

Apple's iPhone exports alone now constitute 35% India's entire electronics export goods basket

Glenmark Pharma recalls 6,528 bottles of blood pressure drug in US

Glenmark Pharmaceuticals is recalling 6,528 bottles of a medication used to treat high blood pressure in the American market due to failed dissolution specifications, the US health regulator said. The US-based arm of the Mumbai-headquartered drug firm is recalling the affected lot of Diltiazem Hydrochloride extended-release capsules, the US Food and Drug Administration said in its latest Enforcement Report. The affected lot has been produced in India and is being recalled by New Jersey-based Glenmark Pharmaceuticals Inc for "failed dissolution specifications", the USFDA said. "Out of Specification (OOS) was reported in a test of dissolution at the 12th month time point in long-term stability study," it noted. Glenmark initiated Class II recall of the drug across the US on March 26 this year. As per the USFDA, a Class II recall is initiated in a situation in which the use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences

5 dead, over 100 hospitalised from recalled Japanese health supplements

Kobayashi Pharmaceutical Co. came under fire for not going public quickly with problems known internally as early as January

Drugs planted to frame lawyer: Former IPS officer Bhatt gets 20 yrs in jail

A sessions court in Palanpur in Gujarat's Banaskantha district on Thursday sentenced former IPS officer Sanjiv Bhatt to 20 years in jail in a 1996 case involving planting of drugs to frame a lawyer. Bhatt, who is already behind bars in a custodial death case, was held guilty of falsely implicating a Rajasthan-based lawyer by claiming, in 1996, that police had seized drugs from a hotel room in Palanpur where the lawyer was staying. Bhatt, who was sacked from the force in 2015, was serving as the superintendent of police of Banaskantha district at the time. Additional District and Sessions Judge J N Thakkar convicted Bhatt on Wednesday under relevant sections of Narcotics Drugs and Psychotropic Substances (NDPS) Act and Indian Penal Code. The quantum of punishment was announced on Thursday.

YouTuber Elvish Yadav gets bail in drugs case, to be taken to Gurugram jail

A Gautam Buddh Nagar court granted bail to controversial YouTuber Siddharth Yadav alias Elvish Yadav in a drugs case on Friday, six days after he was lodged in a jail here, his lawyers said. The jail authorities said they have received Yadav's release order but he would be handed over on Saturday to the custody of a court in Haryana's Gurugram, where he is to be produced in an assault case involving content creator Sagar Thakur alias Maxtern. The hearing in the Gurguram court is scheduled for March 27. Yadav was arrested on March 17 by the Noida Police in connection with its probe into suspected use of snake venom as a recreational drug in parties he hosted. Additional Chief Judicial Magistrate Jaihind Kumar Singh also granted bail to two of the YouTuber's associates -- Ishwar and Vinay Yadav -- who were arrested on Thursday, advocate Prashant Rathi said. "The court has granted bail to Yadav, who will have to furnish two bail bonds of Rs 50,000 each," the lawyer who represented th

Noida police arrest Bigg Boss winner Elvish Yadav in snake venom case

Youtuber Elvish Yadav was arrested on Sunday by Noida Police in connection with a probe into the suspected use of snake venom as a recreational drug at a party here, officials said. Yadav was among six people named in an FIR lodged at Sector 49 police station here on November 3 last year. The five other accused were arrested but are currently out on bail, the officials said. The case was lodged under provisions of the Wildlife Protection Act, 1972 and for criminal conspiracy under section 120B of the Indian Penal Code, they said. The case was later shifted from Sector 49 to Sector 20 police station for investigation. "The accused has been arrested by a team of Sector 20 police station which was investigating the case," Additional DCP (Noida) Manish Mishra told PTI. Yadav, a winner of reality show Bigg Boss OTT, has refuted the charges of involvement in the case and has been questioned by the police in the past. A sub-inspector, who was also the incharge of the local Sector 49 pol

Panel formed to administer pricing reforms for drugs, medical devices

Centre constitutes Committee for reforms in pricing framework for drugs and medical devices

Govt revamps pharma scheme, to provide financial assistance to drug cos

Financial support for drug companies also comes against the backdrop of deaths being reported abroad due to the manufacture of substandard drugs linked to Indian companies

Wockhardt announces success of antibiotic to treat drug-resistant infection

Doctors used Zidebactam/Cefepime to treat a highly drug-resistant skull bone infection and pneumonia in a renal transplant patient

Govt revamps pharma scheme, entails financial assistance to drug cos

The Department of Pharmaceuticals has revamped a scheme which entails financial assistance to drug companies to help them upgrade their facilities to produce medicines conforming to global standards, an official release said on Monday. As per the revamped Pharmaceuticals Technology Upgradation Assistance Scheme (PTUAS), the government has expanded the scope of the initiative beyond MSMEs to include any pharmaceutical manufacturing unit with a turnover of less than Rs 500 crore that requires technology and quality upgradation, the Chemicals and Fertilisers ministry said in a statement. Preference however remains for MSMEs, supporting smaller players in achieving high-quality manufacturing standards, it added. The revamped scheme also introduces more flexible financing options, emphasising subsidies on reimbursement basis, over traditional credit-linked approach. This flexibility is designed to diversify the financing options of the participating units, facilitating a more widesprea

Cadila Pharma launches quadrivalent influenza vaccine 'Cadiflu Tetra'

Cadiflu Tetra is developed employing Nano-sized particles, the Vaccine mimics the external structure of the virus without containing intact genetic material

2023 most successful year for anti-drugs operations in Assam: CM Himanta

Assam Chief Minister Himanta Biswa Sarma on Sunday said 2023 was the most successful year for the state in terms of anti-drugs operations. The chief minister said drugs worth Rs 718 crore were seized over 4,700 arrests made during the period. "The Modi government is deploying a whole-of-government approach to build a #DrugsFreeBharat," Sarma wrote on X. "In 2023, Assam Police seized drugs worth Rs 718 cr and arrested over 4,700 drug traffickers making it the most successful year for anti-drugs operations in the state," he added. Sarma also shared a video on the various steps being taken by the central government in the war on drugs. Meanwhile, two persons were arrested and 500 grams of heroin was recovered from their possession in Guwahati, Sarma said in another post on X. The operation was carried out by the special task force of state police. Two persons were apprehended by the STF after a hot pursuit in Guwahati, Sarma said. "... Search and seizure were conducted on their p

India's highest-ever drug bust: 3,300 kg narcotics seized off Gujarat coast

Indian agencies Wednesday made their highest-ever narcotics bust from the sea as they seized 3,300 kg drugs, which sailed from an Iranian port, off the Gujarat coast and arrested five foreigners from a dhow. The cache could be worth anything between Rs 1,300-Rs 2,000 crore in the international market, Narcotics Control Bureau (NCB) Director General S N Pradhan said. Home Minister Amit Shah called the joint operation by the Navy, NCB and the Gujarat Police a "historic success" and a testament of his government's "unwavering commitment to making our nation drug-free". The unregistered fishing boat was intercepted on Tuesday morning at the Arabian Sea from a point about 60 nautical miles from the Indian coast and along the International Maritime Boundary Line (IMBL). The Navy deployed its P8I long-range maritime reconnaissance aircraft and marine commandos onboard a warship apart from helicopters. About 3,300 kg of contraband that includes 3,110 kg charas or Hashish, 158.3 kg of cryst

Indian agencies seize record 3,300 kg of narcotics off Gujarat coast

The Indian Navy intercepted a small ship on Tuesday and recovered more than 3,089 kg of charas, 158 kg of methamphetamine, and 25 kg of morphine

Biggest offshore seizure of drugs done by NCB, Navy, Gujarat Police: Shah

The Narcotics Control Bureau, the Navy and the Gujarat Police have seized a gigantic consignment of 3,132 kg of drugs in a joint operation, Union Home Minister Amit Shah said on Wednesday. Shah said the historic success is a testament to the Modi government's unwavering commitment to making the nation drug-free. In a post on X, the home minister said pursuing Prime Minister Narendra Modi's vision of a drug-free Bharat, the agencies have achieved the grand success of making the biggest offshore seizure of drugs in the nation. "In a joint operation carried out by the NCB, the Navy, and the Gujarat Police, a gigantic consignment of 3132 kg of drugs was seized. The historic success is a testament to our govt's unwavering commitment to making our nation drug-free. On this occasion, I congratulate the NCB, the Navy, and the Gujarat Police," Shah said.

Indian drug firms look for new opportunities in Saudi Arabia pharma market

Indian drug firms sense opportunity to increase presence in $8.9 bn Saudi market

MD 'meow meow' drug worth over Rs 2,000 crore uncovered in Delhi, Pune

Mephedrone, also known as 'meow meow', is a synthetic stimulant and psychotropic substance banned under the Narcotic Drugs and Psychotropic Substances Act