Medicines Financial News

19.02 / 05:13

markets Provident Waters country Department medicines Kerala to launch first ever project on collection, disposal of expired medicines

09.02 / 12:03

UPS Manufacturing country testing medicines Pharmaceuticals Govt drawing up parameters to gauge states for drug enforcement, improve quality of products

Subscribe to enjoy similar stories. New Delhi: The Union government is drawing up an index to gauge states and union territories on their preparedness to enforce Central regulations on drugs, medical devices and cosmetics, according to officials and documents. Drug regulator Drugs Controller General of India (DCGI) is finalizing the parameters for the index to be adopted by states and UTs.

06.02 / 15:29

UPS FIVE Wildlife Diversity information medicines Around Rs 95,000 crore collected in lieu of forest land diversion till date: Govt

compensatory levies for forest land diversion till date, the government informed Parliament on Thursday. Union Minister of State for Environment Kirti Vardhan Singh told the Rajya Sabha in a written reply that of this amount, Rs 26,002.16 crore has been utilized for afforestation and related activities over the past five financial years (2019-20 to 2023-24).

05.02 / 14:27

Manufacturing wellness country recommendations medicines Pharmaceuticals India’s apex drug adviser’s term expired in October. The govt didn’t know.

Subscribe to enjoy similar stories. New Delhi: India’s highest decision-making body on technical matters related to medicines ceased to exist in October after its three-year term came to an end, grinding to a halt all drugs-related policy activities in the country ever since.

05.02 / 14:21

UPS Target security Analysis Trade medicines Vaccines GSK launches $2.5 bln buyback, lifts sales target after stellar Q4

GSK launched a 2 billion pounds ($2.5 billion) share buyback on Wednesday and lifted its long-term sales target to nearly $50 billion, betting that growing sales of its HIV and cancer drugs will make up for pressures on its vaccines revenue. GSK's shares were up 6% at 1342 GMT after the British drugmaker's fourth-quarter results also topped expectations.

04.02 / 08:33

Election Food pandemic President country medicines Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country

Debt-stricken Sri Lanka has marked its 77th independence anniversary with a military parade, while the country’s newly elected president, Anura Kumara Dissanayake, pledged to heal Sri Lanka's economic woes by the end of his five-year term

03.02 / 21:05

markets Provident President hiv Inside medicines Bill Gates had a 3-hour long dinner meeting with Donald Trump at Mar-a-Lago after Christmas; here's what he discussed with the President

Bill Gates have recently revealed that he had a significant and lengthy dinner with US President Donald Trump at the Mar-a-Lago where they discussed various global health issues specifically the President's Emergency Plan for AIDS Relief (PEPFAR), reported Business Insider.

03.02 / 14:01

markets COST Strategy BBC Trade reports medicines How will Donald Trump's tariffs affect U.S consumers? Will cars, gasoline, and medicines cost more? Here's a breakdown

tariffs on imports from Canada, Mexico, and China have raised concerns about how it would impact Americans.

29.01 / 12:17

Citi Experts medicines Courts Can you enjoy tax-free income from your home garden?

Subscribe to enjoy similar stories. Agricultural income is exempt from taxation, but what if you don’t own a farmland in a rural area? If you manage a home garden in a city and sell some of your produce, can this income still qualify as agricultural income? Here’s what tax experts say. The definition of agricultural income includes income derived from land used for agricultural purposes, said Gautam Nayak, partner at CNK & Associates.

29.01 / 02:29

markets Digital Strategy Food PAM medicines US Secretary of State Marco Rubio widens exemption for US aid after freeze

US Secretary of State Marco Rubio on Tuesday widened exemptions in a sweeping freeze on foreign assistance, saying the United States would keep funding humanitarian items such as shelter and medicine.

28.01 / 14:29

MET Wildlife social reports shock medicines Rs 596 for tiger urine to cure arthritis: Zoo's controversial health remedy sparks social media outrage

Yaan Bifengxia Wildlife Zoo has attracted widespread attention for promoting this unorthodox remedy, which has been met with disbelief and anger from both medical professionals and the public.

27.01 / 14:35

Booking Food Immunic wellness Cardiovascular medicines International Why you should ‘portion control’ your way to better health

Subscribe to enjoy similar stories. I am at a wellness retreat currently – on an experiment, might I add.

24.01 / 18:39

markets Strategy Experts Universities PAM Department medicines Step towards legalisation, Himachal Pradesh nod to study on cannabis cultivation

cannabis cultivation for industrial, scientific and medicinal purposes, Himachal Pradesh Cabinet on Friday approved the report of an expert committee and gave its nod for controlled cultivation pilot project by two agricultural universities.

21.01 / 01:09

markets IPO Digital Aware Strategy PAM medicines PharmEasy to formally discuss IPO plans with its board in second try

21.01 / 00:11

Healthcare reports medicines Pharmaceuticals PharmEasy co-founders to step back to venture into consumer space

Subscribe to enjoy similar stories. Bengaluru: Healthtech startup PharmEasy on Monday said its co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia are expected to take a back seat from the day-to-day operations of the company as they plan to venture into the consumer space. “Reputed VC’s who have backed us at PharmEasy, are backing us again," the co-founders said in a statement.

20.01 / 02:57

markets security Strategy Healthcare country medicines Pharmaceuticals Indo-US pharma alliance: Time to up the game

health security, with affordable medicines being vital for both India and the U.S., particularly in managing chronic conditions. Indian pharmaceutical companies are key to providing cost-effective and quality-assured medicines, improving outcomes, and ensuring sustainability within the U.S. healthcare system. In FY 2023-24, Indian pharma exports to the U.S. reached $8.7 billion, making it the largest market for Indian companies. For the U.S. Indian companies are supplying 47% of U.S. generic prescriptions and 15% of biosimilars.

19.01 / 11:09

UPS Food Research wellness recommendations patient medicines Are CBD products still worth the hype?

Subscribe to enjoy similar stories. Ankit Shah* (name changed), a 38-year-old Mumbai-based IT professional, suffers from acute shoulder pain due to a past injury and takes CBD oil (from BOHECO) to relieve pain. He shares that he only takes it on days when the pain is unbearable or on days when he hasn’t slept well.

18.01 / 05:57

DNA Death Research show medicines symptoms Colleges Scientists make surprise finding on what causes Huntington’s disease

Scientists are unravelling the mystery of what triggers Huntington’s disease, a devastating and fatal hereditary disorder that strikes in the prime of life, causing nerve cells in parts of the brain to break down and die.

16.01 / 00:39

markets Digital Strategy Food Trade PAM medicines Branded firms facing rising tide of private labels in crowded market

customer loyalty has become a moving target for a company, enjoying the loyalty or exclusivity of its new-age channel partners has become even tougher to achieve. Zomato and Swiggy foraying into private label food service and effectively competing with their restaurant partners is the latest instance of how this risk factor is playing out in a marketplace.

14.01 / 20:05

markets Strategy PAM hospital Department patient medicines Bengal CID begins probe into administration of 'expired' intravenous fluid to patients

expired intravenous fluid. Senior officers of the CID reached the Medinipur Medical College and Hospital in Paschim Medinipore district and questioned the RMO, two junior medics and four nurses who were on duty at the gynaecology department on the night of January 9 when the incident took place, an official said.

12.01 / 14:55

Citizens Aware country information Department medicines Pharmaceuticals Parliamentary panel reviews price spike of medicines

Subscribe to enjoy similar stories. New Delhi: The Parliamentary Standing Committee on Chemicals and Fertilizers reviewed the prices of essential medicines on 7 January in a meeting attended by officials from the Department of Pharmaceuticals (DoP). This move may lead to a lowering of prices of life-saving medicines.

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