Latest Bulk Drugs News & Updates

New Delhi, March 20 (IANS) India’s production-linked incentive (PLI) schemes for pharmaceuticals have driven cumulative investments of Rs 41,943 crore in both brownfield and greenfield projects, the Parliament was informed on Friday.The investments substantially exceed the targeted committed investment of Rs 17,275 crore over the six-year period of the scheme, Minister of State for Chemicals and Fertilisers, Anupriya Patel, said in a written reply in the Lok Sabha.The incentive scheme generate…

New Delhi, Dec 31 (IANS) The government has banned the manufacture, sale and distribution of all oral formulations of pain and fever medications, containing Nimesulide above 100 milligrams in immediate‑release dosage form, with immediate effect.The drug was prohibited under Section 26A of the Drugs and Cosmetics Act, 1940 after consultation with the Drugs Technical Advisory Board.“The use of all oral formulations containing Nimesulide above 100 mg in immediate release dosage form is likely t…