Category: Pharma

India targets $300 billion worth bioeconomy by 2030

Union Minister of State (Independent Charge) Science and Technology and Minister of State (Independent Charge) Earth Sciences Jitendra Singh said India has a target of $300 billion in bioeconomy by 2030. Bioeconomy is the production, utilization, and conservation of biological resources, including related knowledge, science, technology, and innovation, to provide information, products, processes, and services […]

Budget 2022 expectations: Will FM Nirmala Sitharaman provide much-needed booster shot to Ayurveda Industry?

Ayurveda has been providing holistic solutions to ailments, physical and mental, for ages, but notable progress on the science has been made only in the last decade. By Dr. Sanchit Sharma, As Ayurveda takes over the world as an alternate system of treatment and medication, the Ayurveda sector in India eyes the Union Budget 2022 […]

Mindtree Executive Director and COO Dayapatra Nevatia resigns

Bengaluru-headquartered IT services firm Mindtree Ltd announced in a regulatory filing on October 20 that the company’s executive director and chief operating officer (COO) Dayapatra Nevatia has resigned from the position. His last working day would be January 3, 2022. Mindtree said in the statutory filing: “Pursuant to Regulation 30 of SEBI Regulations, 2015, we hereby inform […]

Government sets up panel to frame new laws for drugs, cosmetics and medical devices

The Central Government has formed a new committee to frame or prepare new cosmetics, drugs, and medical device laws. The new panel comprising of eight members, headed by the Drug Controller General of India V.G. Somani, has been scheduled to submit a draft document by November 30, 2021. As per the order issued by the […]

Dr Reddy’s Laboratories, Zydus Pharma recall products in US market

Leading drug makers Dr Reddy’s Laboratories and Zydus Pharma are recalling bottles of a product each, in the US market, for different reasons, according to the latest report of the US health regulator. Dr Reddy’s Laboratories, Inc, the US arm of Dr Reddy’s Laboratories, is recalling 37,560 bottles of Tizanidine HCl tablets, USP 4 mg, […]

Zydus Cadila’s COVID-19 vaccine likely to get approval this week

The Drugs Controller General of India (DCGI) is likely to approve the COVID-19 vaccine of Zydus Cadila this week, making it the sixth vaccine to be approved in India. Zydus Cadila had on July 1 announced that it had applied for emergency use authorisation (EUA) of its ZyCoV-D three-dose COVID-19 vaccine. The Subject Expert Committee […]

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