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Industry News
 

 

Grants to private companies to cure neglected diseases

The Government of India  may give non-repayable  grant-in-aid to the Pharmaceutical companies for developing drugs for neglected tropical diseases  like Malaria, Tuberculosis...

Read the whole article at:

http://economictimes.indiatimes.com/News/News_By_Industry/Govt_plans_grants_to_pvt_cos_to_cure_neglected_diseases/articleshow/2843816.cms

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Rational prescribing will save billions of rupees

Pharmaceutical companies spend billions of dollars annually to ensure that physicians prescribe the most expensive, most promoted drug to the patients.

Read the whole article at:

http://www.dailymirror.lk/DM_BLOG/Sections/frmNewsDetailView.aspx?ARTID=8474

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Finance Minister asks Pharmaceutical Companies to hold drug prices or lower them

Finance Minister urged the drug manufacturers to put hold  on price of the drugs and have advised the companies to expand   production so that economy of scale can be reached to gain can be made in terms of volume.

Read the whole article at:

http://www.business-standard.com/common/news_article.php?autono=315980&leftnm=3&subLeft=0&chkFlg

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Pharma Industry to drive next IT outsourcing wave

The Pharmaceutical industry is expected to be a significant  contributor to the third wave of outsourcing, with the US market- worth over $4trn.  Pharmaceutical Research, including Clinical Trials will lead the Globalization of Healthcare processes.

Read the whole article at:

http://www.outsourcing-pharma.com/news/ng.asp?n=83674-tholons-it-outsourcing

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Indian Pharmaceutical Industry poised to take off

The Economic Times Bio-Pharma Development Summit in Mumbai, brought together the  top players of the sector and the policy makers on a common platform to look at the current and future industry scenario.

Read the whole article at:

http://economictimes.indiatimes.com/Healthcare/Indian_pharma_industry_poised_for_take-off/articleshow/2817505.cms

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Gene Therapy Drug Shows Promise in MS Patients

Palo Alto, Calif.-based Bayhill Therapeutics reported positive results from a phase IIb trial of BHT-3009 for the treatment of multiple sclerosis. BHT-3009 is a gene therapy drug that delivers DNA that instructs cells to produce myelin basic protein (MBP). Myelin is the phospholipid sheath that surrounds neurons and is the target of many autoimmune diseases such as MS.

This multi-center, randomized, double-blind, placebo-controlled study enrolled 289 subjects with relapsing, remitting multiple sclerosis. The subjects received monthly intramuscular injections of BHT-3009 for one year.

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Drug Regulators to Monitor Side Effects

The Central Drugs Standard Control Organization is now planning to appoint a team of about 100 clinical pharmacologists across the country, on a contract basis, to collect adverse drug reaction reports and patient complaints from hospitals, clinics and practicing clinicians.

Read the whole article at:

http://www.livemint.com/2007/08/27004814/Drug-regulator-to-monitor-side.html

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Call for a change- Ayurveda is one of the world's oldest medical sciences. However, even after five thousand years, it is still struggling to cross borders.

Read the whole article at:

http://www.expresspharmaonline.com/20070915/research01.shtml

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Making drugs safer

India has become a major hub for clinical trials. However, whether patients in India receive safe drugs or not is still very much in question.

Read the whole article at: http://www.expresspharmaonline.com/20070915/research02.shtml

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India developing regulatory guidelines for nanotechnology drugs

NIPER, the Indian National Institute of Pharmaceutical Education and Research, is planning to take up the ambitious task of developing regulatory guidelines for approving nanotechnology based drugs.

Read the whole article at: http://www.nanowerk.com/news/newsid=1059.php

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Data Exclusivity: Access to Medicine in Danger

Pharmaceuticals and agrochemicals are two key sectors having direct implication to the everyday life of the people. Hence, it is important to regulate the safety, efficacy and quality of pharmaceutical products and agrochemical products. Most countries in the world have their own regulations for the marketing of these products. While patents are meant to reward innovations by giving the inventor a monopoly right for a fixed term, the regulatory approval system seeks to ensure that only medicines having safety, efficacy and quality enter into the market. Often, the national regulatory authorities would ask the manufacturer itself to provide relevant information to assess the quality and efficacy of medicines and pesticides.

To read the complete article: http://www.mainstreamweekly.net/article314.html

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India: Ministries Say Yes To Data Protection

Pursuant to the suggestions made by the inter-ministerial committee on data protection headed by Satwant Reddy, former chemicals secretary, the ministries of health and agriculture, in a recent meeting, decided to initiate action to bring amendments inserting data protection clauses in the Drugs and Cosmetics Act, 1940 and Insecticides Act, 1968.

To read the complete article: http://www.mondaq.com/article.asp?articleid=52316

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