More than 50 greenfield pharmaceutical and medical device plants have already been completed under the scheme, catalysing exports worth USD 10 billion to countries with the highest regulatory standards
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Globally, 90per cent of blindness is preventable or treatable, yet over 1 billion people are living with some form of vision loss. The global economic burden of vision impairment was estimated at $410.9 billion (about $1,300 per person in the US) in 2020 alone.
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The Drug Controller General of India (DCGI) has suspended the authorisation granted to Mumbai-based Entod Pharmaceuticals to manufacture and market its eye drops, citing unapproved claims made by the company regarding its effectiveness in reducing dependence on reading glasses for individuals with presbyopia.
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Medhekar will report directly to Mr. Sanjeev Jain and Mr. Sandeep Jain, the Joint Managing Directors of Akums.
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Additionally, it has received tentative approval for the 137 mg dosage strength
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The introduction of this new ophthalmic solution comes in response to a growing demand for additional suppliers in the OTC eye care market
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Trazodone tablets are prescribed for the treatment of major depressive disorder in adults
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This marks Quadria's second pharmaceutical exit via IPO in India within the past year
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To develop sustainable strategies, the FY25 has witnessed a 12.9 per cent increase from the revised estimate of Rs.80,517.62 crore
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Sector leaders call for increased allocations and strategic investments
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