Diabytes
Generic medicines News
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PM Modi turned emotional when a Dehradun woman told him that she has seen god in him.
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The 59-year old global health leader -- who previously served in a similar capacity in Egypt -- said that there were several "pre-qualified" generic medicine companies in India producing quality medicines.
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This move comes few days after Prime Minister Narendra Modi urged at bringing a legal framework under which generic medicines should be given by the doctors and the healthcare system in India should have an extensive reach so that drugs are made available to all the people.
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Indian pharmaceutical sector is likely to gain, rather than being impacted, as the new US President Donald Trump aims to reduce drug prices since the country's generic medicines are already affordable, according to industry players.
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Sitharaman said as India is a global hub of generic medicines and biotechnology centres, industry, academia and experts should work in reducing the increasing imports.
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The European Union has banned the marketing of around 700 generic medicines for alleged manipulation of clinical trials conducted by India's pharmaceutical research company GVK Biosciences.
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