Diabytes
India's pharma sector News
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Government is considering a proposal to relax foreign direct investment (FDI) norms in existing pharmaceutical companies with a view to attracting more overseas inflows.
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Dinesh Thakur's fresh case, a Public Interest Litigation (PIL) suit, is listed on the Supreme Court website for hearing on Friday.
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Government is set to approve six pharma parks this year at an estimated investment of Rs 180 crore to promote the pharmaceuticals manufacturing.
Government on Thursday said it will rollout a new pharma policy for bulk drugs in 10-15 days which will help the sector grow manifold over the next 5-7 years.
The India Pharmaceuticals Association (IPA) urged the Finance Ministry to come up with a policy framework with regard to incentives to drug innovation and ease dependence on import of essential APIs (Active pharma ingredients) from China.
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