Editors Pick
Methodology to Fix Prices of Essential Medicines- Minister informs Parliament
New Delhi: Through a recent reply, the Minister in the Ministry of Chemical and Fertilizers informed the Parliament about the details of the methodolo...
Latest
USFDA finds adulteration, violations of CGMP regulations at Strides Pharma Puducherry plant
The FDA’s warning letter dated July 1, comes months after several Indian drugmakers including Sun Pharmaceutical Ltd and Dr Reddy’s Labora...
Despite legal hassles, JnJ beats profit estimates on pharma strength
Johnson and Johnson’s (JnJ) pharmaceuticals unit has cushioned the impact of slow growth in its medical device and consumer health units, largel...
Abbott to increase production of lower-cost glucose monitors as diabetes soars
CHICAGO: Abbott Laboratories plans to ramp up manufacturing capacity for its lower-cost continuous glucose monitor, the FreeStyle Libre, by three to f...
Novartis sickle cell drug crizanlizumab secures speedy USFDA review
Novartis submitted the application for crizanlizumab for the prevention of vaso-occlusive crises (VOCs) in patients with sickle cell disease (SCD) and...
Takeda Pharma launches Rare Disease Therapies in India
Under lysosomal storage disorders, India has been recording the prevalence of Hunter syndrome, Gaucher disease and Fabry disease, Takeda said in a sta...
USFDA issues warning letter to Indoco Remedies for Goa plant
The facility had received six observations in Form 483s and was classified as Official Action Indicated in March. Indoco Remedies responded to these o...
Pharmaceuticals
Methodology to Fix Prices of Essential Medicines- Minister informs Parliament
New Delhi: Through a recent reply, the Minister in the Ministry of Chemical and Fertilizers informed the Parliament about the details of the methodolo...
USFDA finds adulteration, violations of CGMP regulations at Strides Pharma Puducherry plant
The FDA’s warning letter dated July 1, comes months after several Indian drugmakers including Sun Pharmaceutical Ltd and Dr Reddy’s Labora...
Despite legal hassles, JnJ beats profit estimates on pharma strength
Johnson and Johnson’s (JnJ) pharmaceuticals unit has cushioned the impact of slow growth in its medical device and consumer health units, largel...
Hospitals & Diagnostics
Fortis Healthcare divests 28 percent stake in Mauritius-based Medical and Surgical Centre
Fortis has 28.89 per cent stake in MSCL while its Mauritius-based partner CIEL Healthcare holds 58.6 per cent. The rest is held by other shareholders....
Fortis Healthcare Case: SEBI partially modifies order against Religare Finvest
In the matter of Fortis Healthcare, SEBI recently noted that the proposed measures like the restructuring of RFL’s debt, assignment of its gross...
India witnessing inflow of medical tourists from UAE, Gulf region
New Delhi: India has been witnessing an increasing influx of medical tourists from across the world, including the United Arab Emirates and the Gulf r...
IT / Health Venture
HealthAssure raises over Rs 17 crore in Series A funding led by Blume Ventures
HealthAssure will use the funds to augment its platform, create sharper products that serve the various primary care needs more effectively including ...
Reckitt Benckiser names PepsiCo executive Laxman Narasimhan as next CEO
Laxman Narasimhan (52) would join RB as CEO-designate and then would be appointed to the board of the company as an Executive Director with effect fro...
Practo collaborates with Academy of Family Physicians of India to develop digital healthcare technology
New Delhi: Practo, a digital healthcare platform has signed an MOU with Academy of Family Physicians India (AFPI), an independent academic discipline ...
Insurance
Delhi HC directs cashless service to all hospitals: GIPSA stayed on Ophthalmological Society petition
New Delhi: Breaking the alleged cartel of public sector general insurance companies when it comes to mediclaim treatment, the Delhi High court has rec...
Mediclaim cannot be denied on presumption of pre-existing disease: NCDRC
The commission also said in its view, diabetes was a lifestyle disease in India and the whole insurance claim (Mediclaim) cannot be rejected only base...
Only doctor can decide line of treatment of a patient, NOT insurance company: Consumer Court
Vadodara: Stressing on the authenticity of medical treatment provided by a medical practitioner, a consumer court has made an incisive observation and...
Implants / Devices
Amazon Alexa to now offer medical advice for migraines, flu in UK
The US company’s algorithm uses information from the NHS website to provide answers to voice questions such as “Alexa, how do I treat a mi...
Top China medical device manufacturer risks getting too pricey: Report
U.S: One of the biggest companies listed on southern China’s tech-heavy stock exchange is a fast-growing Chinese medical device maker that is grabbing...
Scaling down customs duty of medical devices in Union budget to increase healthcare affordability, says MTal
The increase in the turnover limit to INR 400 Crore under the 25 per cent tax slab is in line with the government’s commitment in the Union budget 201...
Policy
Methodology to Fix Prices of Essential Medicines- Minister informs Parliament
New Delhi: Through a recent reply, the Minister in the Ministry of Chemical and Fertilizers informed the Parliament about the details of the methodolo...
CDSCO Committee turns down Novartis FDC drug including Vildagliptin, Metformin, Glimepiride
New Delhi: The Swiss drugmaker, Novartis recently presented before the Central Drugs Standard Control Organization(CDSCO) Technical Committee to seek ...
Difference of 50-90 percent in prices of Branded and Generic medicines- Minister informs Parliament
New Delhi: Through a recent reply, the Minister in the Ministry of Chemical and Fertilizers has informed the Parliament about the difference between t...
AYUSH
Ayurvedic Medicines for Blood Sugar, Diet containing Metformin Hydrochloride: Ayurveda Firm Booked
Jaipur: Discovering that an Ayurvedic firm was selling Ayurvedic diabetes medicines and Dietary Supplements that actually contained the allopathic for...
Ministry of AYUSH invites initial bids for strategic sale of IMPCL
If the strategic sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL), under the Ministry of AYUSH goes through the proceeds, would add to ...
AYUSH ministry launches e-AUSHADHI portal for online licensing of drugs
Speaking on the occasion, Vaidya Rajesh Kotecha, Secretary, Ministry of AYUSH, said the ministry endeavoured to come out with new initiatives and solu...
MD Team 
