PLI Scheme: Critical Bulk Drugs approved

The Ministry of Chemical and Fertilizers recently approved sixteen applicants under Production Linked Incentive scheme. The approvals will promote domestic manufacturing of drug intermediates and Active Pharmaceutical Ingredients in the country. What is the plan? The approved applicants will set ..

Tags: Active Pharmaceutical Ingredients (API) • COVID-19 • India China • Indian Imports • Pharmaceutical Industry

Month: Current Affairs - April, 2021

GoI to launch Rs 25,000 crore plan to cut Chinese Imports

The Government of India is to launch a production linked incentive scheme in order to reduce dependence on Chinese import of chemicals. The scheme will have an outlay of Rs 25,000 crores and is to be implemented over the next ..

Tags: active pharmaceutical ingredient (API) • bulk drug park • India China • Pharmaceutical Industry • production linked incentive scheme

Month: Current Affairs - September, 2020

Andhra Pradesh signs MoU with CSIR-IICT on Bulk Drug Park

The Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) has entered into a Memorandum of Understanding (MoU) with Council of Scientific and Industrial Research – Indian Institute of Chemical Technology (CSIR-IICT)  as a step forward in the direction of setting up ..

Tags: Andhra Pradesh • bulk drug park • Memorandum of understanding • Ministry of Chemicals and Fertilizers • Pharmaceutical Industry

Month: Current Affairs - September, 2020

‘Active Pharmaceutical Ingredients’ Report Published by TIFAC

Technology Information Forecasting and Assessment Council, an autonomous organization working under the Department of Science and Technology, has released the report on the API development in India. The report titled ‘Active Pharmaceutical Ingredients – Status, Issues, Technology Readiness’ has focused ..

Tags: active pharmaceutical ingredient (API) • Pharmaceutical Industry

Month: Current Affairs - July, 2020

Three Bulk Drug Parks and Four Medical Devices Park to be established in India

On July 13, 2020, the Union Ministry of Chemicals and Fertilizers finalised guidelines to select three bulk drug parks and four medical devices parks. Highlights The parks are to be set up at Bhatindia in the state of Punjab. Bhatindia ..

Tags: active pharmaceutical ingredient (API) • AIIMS • All India Institute of Medical Sciences (AIIMS) • Indian Institute of Science Education and Research (IISER) • Medical Device Parks

Month: Current Affairs - July, 2020

Export Restriction on 26 Pharmaceutical Ingredients

In light of the ongoing coronavirus outbreak, the government has imposed restrictions on the export of 26 pharmaceutical ingredients. Active Pharmaceutical Ingredients: Active Pharmaceutical Ingredient or API is the raw material used for drug manufacture. It is the actual component ..

Tags: API • Chinese Imports • COVID-19 • Export Restrictions • Pharmaceutical Industry