Tag: pharma industry

Transport, pharma and biotech as industry become India’s biggest research investors

August 4, 2026 admin

Image used for representational purposes. File | Photo Credit: Reuters India’s private-sector research effort is now being driven overwhelmingly by the transportation, pharmaceutical, biotechnology and information technology industries, with transport companies emerging as the country’s largest corporate R&D investors, according to the Department of Science and Technology’s (DST) Research and Development Statistics 2025-26. The report…

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Viatris’ Indore plant under U.S. FDA scanner, imports of certain products barred

December 24, 2024 admin

The import alert affects 11 actively distributed products that will no longer be accepted into the U.S. until the warning letter is lifted. File. Representational image. | Photo Credit: Reuters Global pharma major Viatris has been issued a warning letter and an alert barring import of a clutch of products from its oral finished dose…

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Budget 2024: Pharma industry seeks tax benefits, effective intellectual property rights regime

July 7, 2024 admin

Image used for representative purpose only | Photo Credit: AFP There is a need to incentivise R&D investments, offer corporate tax concessions and establish an effective intellectual property rights regime in order to push the growth of domestic pharmaceutical industry, as per the industry bodies. Outlining the sector’s wish list for the upcoming Union Budget,…

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