Pharma Sector

e-Pharmacies

Facts: Few players like Zigy, 1mg; Apollo also plans to start online drug sales Indian laws do not regulate e-pharmacies Challenges: Medicines sold without verification Leads to drug abuse Easier to use one prescription for multiple buying Snapdeal was recently forced to delist several products and sellers for selling prescription medicines online without prescription Drug-sales …

e-Pharmacies Read More »

Substandard drugs

Fact: The CAG’s audit report of the Armed forces medical stores Depots(AFMSD), which serves our Armed Forces Personnel and their families, showed the percentage of locally procured substandard drugs at a high 32 per cent in one year Reasons for substandard drugs in India? European companies were selling medicines in India that had not been approved …

Substandard drugs Read More »

Pharma Sector

Facts: World third largest in terms of volume and 13th largest in terms of value Domestic consumption account for about 47% and export about 53% About $92 billion worth patented drugs expected to go off patent in US. The market size of the country’s pharma industry is estimated at over $20 billion. 100% FDI is …

Pharma Sector Read More »

Opium Production

India is one of the few countries that legally grows opium poppy and the only country that legally produces opium gum Opium gum contains several indispensable alkaloids such as morphine, codeine and thebaine. Morphine- best analgesic in world Codeine- used in cough syrup Production is strictly controlled by government 3 states allowed to grow opium: …

Opium Production Read More »

National Pharmaceutical Pricing Authority (NPPA)

National Pharmaceutical Pricing Authority (NPPA) NPPA is nodal government regulatory agency that controls the prices of pharmaceutical drugs in India. It functions under the aegis of Union Ministry of Chemical and Fertiliser. It advices Union Government in matters relate to drug policies and pricing. Besides, it also renders advice to the Union Government on changes/ …

National Pharmaceutical Pricing Authority (NPPA) Read More »

Generic Drugs

Facts: India ranks fourth in pharmaceutical production in the world. It has a 1.4 per cent share by value and 10 per cent by volume in the global pharma industry. India, one of the leaders in pharmaceutical exports, exports drugs worldwide to more than 200 countries. The U.S. is single largest export destination. The pharma …

Generic Drugs Read More »

Drug Prices and R&D

A UN Panel has called for delinking drug prices from research and development (R&D) costs. The report calls for human rights to be placed over intellectual property laws and all countries must freely be able to use flexibilities granted under TRIPS to access affordable medicines. The report also recognises the incoherence between the human rights …

Drug Prices and R&D Read More »

Drug Price Control

Facts: Health ministry expanded India’s National List of Essential Medicines (NLEM) from 74 to 799. NPPA fixes the price of these essential medicines and no one can sell above this fixed price. Prices regulated by Drub Price Control Order. Only 17% of the pharmaceutical market is covered under DPCO Why Drug Price Control Order was …

Drug Price Control Read More »

Coalition for Epidemic Preparedness Innovations

CEPI is a new alliance between governments, industry, academia, philanthropy, intergovernmental institutions, such as the World Health Organization, and civil society.   Mission– to stop future epidemics by developing new vaccines for a safer world.   Challenges Vaccine development is not quick enough to start long before an epidemic so that final clinical trials or emergency deployment …

Coalition for Epidemic Preparedness Innovations Read More »

Bar Coding Norms

A barcode will ensure every strip of drug goes into a parent package Aims: To curb distribution of spurious drugs Track origin of shipment Nearly 1000 SME pharma companies, which accounts for 40% of India’s total drug exports, opposing the move because: SME’s contend that they don’t have the money to establish parent-child relationships between …

Bar Coding Norms Read More »