Latest pharmaceutical companies News & Updates

New Delhi, July 24 (IANS) The government’s new Uniform Code for Pharmaceutical Marketing Practices provides for setting up an Ethics Committees for Pharmaceutical Marketing Practices and appointment of Ethics Officers by pharmaceutical companies, a structured complaint redressal and appellate mechanism, submission of self-declarations regarding compliance and disclosure of prescribed marketing expenditure, the Parliament was informed on Friday.With the aim of preventing unethical marketing and…

Washington, July 23 (IANS) President Donald Trump has promoted his administration’s new TrumpRx programme, claiming it would slash prescription drug prices for Americans by requiring pharmaceutical companies to match the lowest prices charged in other developed countries. Addressing a rally in Marietta, Georgia, Trump said his administration had implemented a “most favoured nation” pricing policy that would dramatically reduce the cost of medicines, arguing that Americans had long paid far more …

New Delhi, July 9 (IANS) India now hosts around half of the world’s Global Capability Centres (GCCs) and has emerged as the second-largest base for enterprise artificial intelligence (AI) talent globally, reflecting the country’s growing role in innovation, technology and high-value global business operations, Chief Economic Adviser (CEA) V. Anantha Nageswaran said on Thursday.Addressing the CII GCC Business Summit, Nageswaran said India’s GCC ecosystem has undergone a remarkable transformation …

Washington, June 12 (IANS) China is moving aggressively to dominate biotechnology and is already implementing many of the policies recommended by a US national security commission, raising concerns that Washington could lose its long-held leadership in a sector increasingly seen as critical to economic and military power.A new analysis released on Thursday by the National Security Commission on Emerging Biotechnology (NSCEB) said the Chinese Communist Party (CCP) is advancing biotechnology acros…

Washington, June 3 (IANS) Pharmaceutical companies are increasingly investing in the United States as the Trump administration pushes to expand domestic drug manufacturing, Medicare and Medicaid Services Administrator Dr Mehmet Oz said on Tuesday.Speaking at a White House briefing, Oz said major drugmakers were already expanding operations in the United States and suggested the trend could accelerate as the administration pursues policies aimed at boosting innovation and reducing dependence on o…

Washington, June 3 (IANS) Medicare and Medicaid Services Administrator Dr Mehmet Oz on Monday said the Trump administration has added 160 more medicines to its drug-price transparency platform and announced that eligible Medicare beneficiaries will be able to obtain certain weight-loss drugs for $50 a month beginning July 1. Speaking at a White House briefing, Oz said the administration’s effort to lower prescription drug costs was already producing savings for consumers.”Almost 1 in 3 Americans…

Jaipur, April 22 (IANS) Prioritising public health and patient safety, the Commissionerate of Food Safety and Drug Control, Rajasthan, has issued an alert regarding seven medicines and declared them “Not of Standard Quality” following laboratory testing conducted between April 1 and April 15, 2026, prompting immediate regulatory action across the state.Acting on the findings, the Drug Controller has directed all Drug Control Officers across Rajasthan to immediately withdraw the identified ba…

Washington, Feb 20 (IANS) President Donald Trump said he threatened to impose a 100 per cent tariff on French wine and champagne to force changes in global drug pricing, offering a vivid example of how he uses trade leverage to reshape international economic arrangements.Speaking at a steel plant in Rome, Georgia, Trump described phone calls with foreign leaders after announcing a policy to align US drug prices with the lowest rates paid elsewhere.He said American consumers were paying far more …

Kolkata, Jan 3 (IANS) The West Bengal Health Department has scheduled a crucial meeting on January 9 to finalise the draft of the State Antibiotic Action Plan, aimed at curbing the rampant use of antibiotics and tackling antimicrobial resistance across the state.A state secretariat official said on Saturday that representatives from various concerned departments will also be present at the meeting. Besides the health department, officials from the animal husbandry, fisheries, and environment dep…

Hyderabad, Dec 31 (IANS) Telangana’s Drugs Control Administrationon Wednesday strongly advised people to stop using all oral formulations containing Nimesulide above 100 milligrams in immediate release dosage form, with immediate effect.The public advisory was issued after the Union Ministry of Health and Family Welfare issued a notification prohibiting the manufacture, sale and distribution of all oral formulations containing Nimesulide above 100 mg in immediate release dosage form for human us…