Latest pharmaceutical exports News & Updates

Canberra, April 3 (IANS) The Australian federal government will not make changes to its subsidization scheme for medications amid tariff pressure from the US administration, said Mark Butler, the health minister, on Friday.Butler told Seven Network television that Australia will not negotiate with the United States on the “fundamentals” of the Pharmaceutical Benefits Scheme (PBS), under which the federal government subsidizes the cost of prescription medicines, Xinhua news agency reported.”We ke…

New Delhi, March 21 (IANS) Three Indian pharmaceutical companies have launched generic versions of semaglutide injections, after the drug’s patent expired, offering lower‑cost options for patients managing Type 2 diabetes and obesity.The companies, namely Sun Pharma, Zydus Lifesciences, and Dr. Reddy’s Laboratories, launched their variants a day after Hyderabad-based Natco Pharma launched its generic semaglutide injection in India, priced at Rs 1,290 per month.Sun Pharma launched semaglutide…

Washington, Feb 20 (IANS) Two top American Senators have written to the Department of War Secretary Pete Hegseth seeking details on vulnerabilities in America’s pharmaceutical supply chain, warning that heavy reliance on foreign sources — particularly Communist China and India — could threaten military readiness and national security.The letter, sent by the US Senate Special Committee on Aging Chairman Rick Scott and Ranking Member Kirsten Gillibrand, asks the Department to outline how it …