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Pharmaceutical News

Lupin net profit falls 31% in Q2 to Rs 455 cr, beats analyst estimates

India's second largest drug maker Lupin on Monday posted 31 percent decline in net profit to Rs 455 crore in the second quarter ended September 30 on account of dip in US sales, despite strong performance in other markets.

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Drug firms move PMO against bid to replace gelatin capsules

Indian drug makers have sought the intervention of the Prime Minister’s Office (PMO) against a recently floated government proposal to replace the widely used animal parts-based gelatin capsules with those derived from cellulose.

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Narendra Modi government’s move to cap prices of medical devices rankles industry; here is why

As per the government’s Make-in-India survey, the medical devices industry in India is valued $5.2 billion at present, and contributes 4-5% to the $96.7 billion Indian healthcare industry.

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Govt readies policy to regulate online pharmacies

The government plans to regulate the sale of medicines through online pharmacies, a proposal that is opposed by chemists on the grounds that online sales are illegal and easy availability of drugs can lead to their misuse.

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