Industry Updates

Granules India that engages in manufacturing and supplying active pharmaceutical ingredients will expand its API and pharmaceutical formulation intermediates to meet requirements of clients and augment market share of its best sellers.

The Prime Minister Syed Yusuf Raza Gillani directed the Cabinet Secretary to ensure uninterrupted provision of drugs and medicines to the patients all over the country and resolution of all outstanding issues of the Pharma industry.

The FDA and generic drug makers reached an agreement that would require the companies to pay at least $299 million per year to accelerate generic drug approvals.

Drug companies are threatening to delay listing their products on the pharmaceutical benefits scheme in protest at changes to how drugs are being selected, a Senate inquiry has heard.