Medicines Financial News

21.07 / 10:25

COST UPS Provident Aware Manufacturing country medicines Centre Centre-run hospitals asked to prescribe generic medicines only: Health Minister Mansukh Mandaviya

Union Health Minister Mansukh Mandaviya told the Lok Sabha on Friday. Till June 30, 9,512 PMBJKs have been opened across the country. The Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002 prescribes that every physician should prescribe drugs with generic names legibly and preferably in capital letters, he said in a written response to a question in the House.

13.07 / 02:03

COST Provident Manufacturing medicines GST exemption on medicines for rare diseases is unlikely to provide any relief to those in need: Health activists

GST exemption on medicines for rare diseases announced on Tuesday is unlikely to provide any relief for those who are in dire need of treatment, health activists told ET. According to them, these drugs are exorbitantly priced and the share of patients who can afford to import them is negligible. Finance minister Nirmala Sitharaman on Tuesday announced GST Council decision to exempt cancer-fighting drugs, medicines for rare diseases, and food products for special medical purposes from GST tax.

10.07 / 10:23

COST UPS Highways Nestle medicines Scarcity of essential items, medicines leads to desperation in Manipur's hill areas as Meiteis refuse to lift blockade

Manipur has created an environment of desperation and vulnerability among the residents of the northeastern state. While the Kukis, in response to the Centre's call, have lifted a blockade along National Highway 2, which serves as the «lifeline» for those living in the Imphal valley, the Meiteis have steadfastly maintained their blockade, preventing any supply from reaching Churachandpur, the largest district in the state with a significant Kuki population. Churachandpur is home to around four lakh people.

05.07 / 12:45

UPS Reuters Remark Moderna reports medicines Moderna to invest $1 billion in China to develop mRNA medicines - reports

Investing.com -- Shares in Moderna (NASDAQ:MRNA) moved higher on Wednesday after media reports said that the drugmaker had signed a memorandum of understanding and a land collaboration agreement with China to research and develop messenger RNA medicines in the country.

13.08 / 15:27

Climate change medicines Ukraine war: Russian GDP outperforms, prisoner swap, Ukraine medicines blocked

A Russian diplomat confirmed on Saturday that Moscow and Washington are discussing a possible prisoner exchange.

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