Centre set to tighten oversight of pharma packaging materials

India is set to implement a mandatory registration for printed pharmaceutical packaging manufacturers to combat counterfeit drugs. This move follows seizures of fake weight-loss drugs and vaccines, revealing that genuine packaging materials were being diverted and misused abroad.

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India's GLP-1 boom slows amid price war, weak retention

Initial excitement for India's generic weight-loss drugs is fading. Domestic manufacturers are lowering sales targets due to slower-than-expected prescriptions and patient retention. Unexpected price cuts from the innovator, coupled with the high cost of generics for Indian consumers, are impacting adoption. This has led to a wait-and-watch approach for upcoming launches, with a potential revival anticipated later in the fiscal year.

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Eli Lilly launches cancer drug Tanstrive in India

The launch follows marketing authorisation from the Central Drugs Standard Control Organisation (CDSCO) for patients with locally advanced or metastatic solid tumours with a rearranged during transfection (RET) gene, the company said in a statement.

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NITI Aayog proposes pharma chapter for future FTAs, urges India to move up value chain

Niti Aayog proposes a blueprint for free trade agreements to boost regulatory predictability in India's pharmaceutical sector. The think tank urges a shift towards high-value segments, emphasizing enhanced industry-academia collaboration for patent commercialization and startup incubation. While India is the 'pharmacy of the world,' it needs to move up the value chain by focusing on deeptech innovation to become a capital for pharma innovation.

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India's pharma supply chain remains 65 per cent dependent on China for critical inputs: NITI Aayog

India's pharmaceutical sector, despite being the "pharmacy of the world," faces significant reliance on China for raw materials, with nearly 65% of APIs and intermediates sourced from there. NITI Aayog's report highlights supply chain vulnerabilities and calls for moving up the value chain by fostering innovation and industry-academia collaboration. This strategic shift aims to boost high-value product development and capture a larger global market share.

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Healthium Medtech CEO Anish Bafna steps down, moves to non-executive chairman role

Healthium Medtech's CEO Anish Bafna is transitioning to non-executive chairman as KKR-owned company seeks a new chief within a month. Bafna, instrumental in Healthium's growth and acquisitions since 2018, will aid in successor selection. Despite record revenue, the medical devices firm saw profits decline recently, facing market competition and a slowdown in the Indian surgical products sector.

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Stress, poor sleep and processed food are driving heart attacks in young Indians: Ramakanta Panda

Young Indian professionals, particularly in IT and finance, are facing a heart disease crisis due to unhealthy lifestyles. Leading cardiac surgeon Dr. Ramakanta Panda highlights chronic stress, poor sleep, processed foods, and sedentary habits as major culprits behind a surge in heart attacks among those in their 30s and 40s.

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