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Generic Medicines

Need innovation-driven value creation in biotech: Kiran Mazumdar-Shaw

Biocon Chairperson Kiran Mazumdar-Shaw on Thursday called for more investment in research and development to drive innovation and foster culture of intellectual property. She highlighted how the country, already the world's largest exporter of generics and a major player in vaccine production, can achieve greater value by nurturing innovation. Mazumdar-Shaw called for a shift in focus toward value creation through innovation. "India ranks 14th in terms of value in the global pharma landscape. We need to invest in R&D and foster a culture of intellectual property to capture greater value," she said. Addressing a session during the Global Bio-India 2024 event, she positioned the country as a future global leader in biosciences and innovation. Mazumdar-Shaw emphasized India's unique advantages in becoming a global bio-innovation hub, citing the nation's rich scientific talent, robust technological capabilities, and entrepreneurial drive. "Biology is not only the most exciting and ...

Need innovation-driven value creation in biotech: Kiran Mazumdar-Shaw
Updated On : 12 Sep 2024 | 11:04 PM IST

HIV medicine that costs $42,000 could be made for just $40 with profits

Lenacapavir drug hailed as 'the closest we have ever been to an HIV vaccine', is currently sold by US pharma major Gilead at Rs $42,250 for the first year

HIV medicine that costs $42,000 could be made for just $40 with profits
Updated On : 24 Jul 2024 | 12:56 PM IST

CDSCO says 52 medicines, including Paracetamol, failed quality check in May

The widespread nature of the issue stretches across different regions of the country, including Himachal Pradesh, Hyderabad, Waghodia, Vadodara, Andhra Pradesh, and Indore

CDSCO says 52 medicines, including Paracetamol, failed quality check in May
Updated On : 26 Jun 2024 | 1:18 PM IST

India's stand on IPRs, pharma help promote growth of generic industry: GTRI

India's stand on intellectual property rights (IPRs) and pharma issues in proposed trade agreements balances innovation with public health needs, ensures availability of affordable medicines and promotes growth of generic medicine industry, a GTRI report said on Friday. Think tank Global Trade Research Initiative (GTRI) said that by opposing demands of developed nations on issues like 'data exclusivity' and 'patent linkage' in free trade agreements (FTAs), India ensures that generic drug manufacturers get greater market access and cost of life-saving medicines gets reduced significantly. "India's approach underscores a commitment to balancing innovation with public health needs, adopting a flexible interpretation of TRIPS to align with its developmental goals, and preventing the establishment of unfair monopolies, especially in the pharmaceutical sector," the GTRI paper said. It added that this stance reflects a broader effort to protect traditional knowledge and ensure the ...

India's stand on IPRs, pharma help promote growth of generic industry: GTRI
Updated On : 16 Feb 2024 | 11:48 AM IST

Medical groups raise concerns around India-EFTA after leaked documents

Doctors Without Borders (MSF), Public Eye, and Delhi Network of Positive People expressed concern that the deal, which is nearing completion, includes harmful intellectual property (IP) proposals

Medical groups raise concerns around India-EFTA after leaked documents
Updated On : 15 Feb 2024 | 12:47 AM IST

India-EFTA trade deal raises concerns on domestic access of generic drugs

Leaked IP chapter suggests potential hindrance to affordable medicine production

India-EFTA trade deal raises concerns on domestic access of generic drugs
Updated On : 14 Feb 2024 | 11:54 PM IST

2,000 Jan Aushadhi Kendras to be opened via Primary Agri Credit Societies

In the last nine years, around Rs 26,000 crores of poor people's money has been saved through the Jan Aushadhi Kendras

2,000 Jan Aushadhi Kendras to be opened via Primary Agri Credit Societies
Updated On : 08 Jan 2024 | 7:39 PM IST

Trade generics growth to dent value expansion of domestic drug market

Jan Aushadhi and trade generics together constitute 20-22% of pharma market volumes

Trade generics growth to dent value expansion of domestic drug market
Updated On : 25 Dec 2023 | 11:11 PM IST

Granules India gets USFDA nod for generic drug used to treat heartburn

Granules India Ltd on Thursday said it has received approval from the US health regulator for its generic Esomeprazole Magnesium delayed-release capsules indicated for short-term treatment of heartburn and other symptoms associated with gastroesophageal reflux disease. The approval by the US Food & Drug Administration (USFDA) is for the abbreviated new drug application (ANDA) for Esomeprazole Magnesium delayed-release capsules of strengths 20 mg and 40 mg, Granules India said in a regulatory filing. It is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Nexium Delayed-Release Capsules, 20 mg and 40 mg, of AstraZeneca Pharmaceuticals LP. Esomeprazole Magnesium capsules are indicated for short-term treatment of heartburn and other symptoms associated GERD, risk reduction of nonsteroidal anti-inflammatory drugs (NSAID)-associated gastric ulcer in adults and long-term treatment of pathological hypersecretory conditions, including Zollinger-Ellison ...

Granules India gets USFDA nod for generic drug used to treat heartburn
Updated On : 19 Oct 2023 | 2:35 PM IST

BDR Pharma launches generic drug for fungal infections at 1/3rd the cost

Zisavel capsules will be available as 100 mg capsules and will be priced at Rs 7,992 for 7 capsules

BDR Pharma launches generic drug for fungal infections at 1/3rd the cost
Updated On : 29 Sep 2023 | 11:43 AM IST

Generic medicines: Indian pharma market is at crossroads of systemic shift

Companies must start preparing their business models to adjust to the reality of the shift to medical practitioners prescribing only generic molecule names

Generic medicines: Indian pharma market is at crossroads of systemic shift
Updated On : 06 Sep 2023 | 12:19 PM IST

IMA writes to Mandaviya, seeks withdrawal of generic drugs mandate

The IMA has written to Union Health Minister Mansukh Mandaviya seeking withdrawal of National Medical Commission (NMC) regulations on mandatory prescription of generic drugs till there is quality assurance of all medicines. The doctors' body also expressed concern over the regulations which bar doctors from attending conferences sponsored by pharma companies saying such a prohibition warrants reconsideration. It demanded associations and organisations should be exempted from the purview of NMC regulations. Members of the Indian Medical Association and Indian Pharmaceutical Alliance on Monday had met Mandaviya and expressed their concerns over the NMC regulations. The National Medical Commission (NMC) in its 'Regulations relating to Professional Conduct of Registered Medical Practitioners' stated that all doctors must prescribe generic drugs, failing which they will be penalised and their licence to practice may also be suspended for a period. It also asked doctors to avoid prescrib

IMA writes to Mandaviya, seeks withdrawal of generic drugs mandate
Updated On : 22 Aug 2023 | 4:44 PM IST

Just 7% Indians want doctors to prescribe only generic drugs: Survey

60% respondents wanted doctors to mention names of both branded drug and generic version

Just 7% Indians want doctors to prescribe only generic drugs: Survey
Updated On : 17 Aug 2023 | 4:39 PM IST
Updated On : 17 Aug 2023 | 3:35 PM IST

What are generic medicines and how India became the 'pharmacy of the world'

India is the world's largest producer and exporter of generic drugs. But how did it manage to do so? Let us find out here

What are generic medicines and how India became the 'pharmacy of the world'
Updated On : 15 Aug 2023 | 3:08 PM IST

IMA opposes NMC move to mandate doctors to prescribe only generic medicines

IMA felt that if the Centre is serious about implementing generic drugs, then it should not give licences to branded drugs at all, and at the same time ensure the quality of generic drugs

IMA opposes NMC move to mandate doctors to prescribe only generic medicines
Updated On : 14 Aug 2023 | 8:05 PM IST

Defer implementation of NMC regulations: IMA to govt on generic drugs

The Indian Medical Association (IMA) on Monday demanded deferring the implementation of the National Medical Commission regulations that make it mandatory for doctors to prescribe generic drugs, stating the biggest impediment to such medicines is the uncertainty about their quality. The IMA stated that less than 0.1 per cent of the drugs manufactured in India are tested for quality. "This step should be deferred till the government can assure the quality of all the drugs released into the market. Patient care and safety are not negotiable," the association said in a statement. The National Medical Commission (NMC) in its "regulations relating to professional conduct of registered medical practitioners" stated that all doctors must prescribe generic drugs, failing which they will be penalised and even their licence to practise may be suspended for a period. It also asked doctors to avoid prescribing branded generic drugs. Rather than taking the NMC route the government should take

Defer implementation of NMC regulations: IMA to govt on generic drugs
Updated On : 14 Aug 2023 | 5:10 PM IST

Big pharma firms shift tack, look to bet on trade generics as volumes dip

It is the fastest growing segment in IPM with a 25% CAGR

Big pharma firms shift tack, look to bet on trade generics as volumes dip
Updated On : 30 Jul 2023 | 10:49 PM IST

Centre-run hospitals asked to prescribe generic medicines only: Mandaviya

The government aims to open 10,000 Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) by March to improve the common man's access to generic medicines, Union Health Minister Mansukh Mandaviya told the Lok Sabha on Friday. Till June 30, 9,512 PMBJKs have been opened across the country. The Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002 prescribes that every physician should prescribe drugs with generic names legibly and preferably in capital letters, he said in a written response to a question in the House. The Directorate General of Health Services has directed all Centre-run hospitals to prescribe generic medicines only. Similar instructions also have been issued to all CGHS doctors and wellness centres. Under the free drug initiative of the National Health Mission (NHM), support is provided for provision of essential generic drugs free of cost in public health facilities. In order to promote the PMBJP scheme, the Department of Pharmaceuti

Centre-run hospitals asked to prescribe generic medicines only: Mandaviya
Updated On : 21 Jul 2023 | 5:35 PM IST

India vigilant, will never compromise on quality of medicines: Mandaviya

Mansukh Mandaviya said that there is 'zero tolerance' for spurious medicines and that 71 companies have been served with show-cause notices

India vigilant, will never compromise on quality of medicines: Mandaviya
Updated On : 20 Jun 2023 | 5:22 PM IST