organisation of pharmaceutical producers of india

Biocon Ltd., headquartered in Bengaluru, is shifting its focus towards anti-obesity therapies as patents for its blockbuster medications begin to expire. This move comes in response to the anticipated surge in generic supply for the market, projected to reach $100 billion by 2030. The company has scored an early win among its peers with the UK approval for the first generic version of liraglutide injectible.

A government report reveals that more than 50 companies in India manufacturing cough syrups have failed quality tests. Out of 2,104 test reports, 128 (6%) from 54 firms did not meet the standard quality requirements.

The Narcotics Control Bureau (NCB) arrested Jaffer Sadiq, a Tamil film producer, for his alleged involvement in an international drug cartel. Sadiq used drug money to fund businesses, open a hotel, and for political funding.

GCMMF introduces Amul fresh milk variants in the US market through a partnership with Michigan Milk Producers Association, targeting Indian diaspora and Asian population. Expansion plans include introducing paneer, curd, and buttermilk.

The World Health Organization (WHO) has recommended an additional malaria vaccine for children, which could help save hundreds of thousands of lives. The new R21/Matrix-M vaccine, developed by Oxford University and manufactured by the Serum Institute of India, has already been approved for use in three African countries.

India is expected to become the world's largest producer of lentils in the 2023-24 crop year, with an estimated surge in production of around 16 lakh tonne. This increase is due to higher acreage. The lentil production in Canada and Australia is estimated to be around 14 lakh tonne and 15 lakh tonne respectively.

Petroleum minister Hardeep Singh Puri on Sunday cautioned the Opec+ grouping of oil exporting countries to watch out for market turbulence at their forthcoming meeting to discuss production plan, saying high prices due to the uncertainties will lead to a drop in demand, reports Sanjay Dutta. “It is their legitimate right... whatever they want to produce, not produce, or sell. But be very careful. If we reach a situation where turbulence leads to very high prices, then demand will fall,” Puri told TOI after launching GAIL’s second floating CNG refuelling facility for boats in Varanasi.

Farmer unions, Sanyukt Kisan Morcha, and Kisan Mazdoor Morcha demand Indian exit from WTO in agriculture sector. They emphasize India's food security, public stockholding, and the need to protect farmers. They urge India to support less developed countries in maintaining their farm-support schemes.

Doctors declared income from such honorarium and consultancy. Several corporate hospitals too drew up contracts with doctors to send them patients and paid them for it by calling it 'facilitation fees'. Many doctors made more than their salaries through these 'consultancies' with pharma and medical device companies and through such 'facilitation' fees.

Chief Justice D Y Chandrachud gave enthusiastic approval to the new criminal laws scheduled for enforcement starting July 1, stating on Thursday, "These laws signify a watershed moment for our society because no law affects the day-to-day conduct of our society like the criminal law." CJI said BNSS encompassed a holistic approach to deal with crimes in the digital age.

Corporate India ensures voting participation by offering paid time-off. Private companies facilitate voting with holidays and travel policies. Various firms prioritize voting rights and awareness. Analysts cite market closures to facilitate voting requirements.

Myanmar has surpassed Afghanistan as the world's leading producer of opium, according to a UN report. Myanmar produced 1,080 metric tonnes of opium this year, while Afghanistan's production slumped to around 330 tonnes. The Golden Triangle region, spanning Myanmar, Laos, and Thailand, has been a hub for drug production and trafficking. The opiate economy in Myanmar is now valued between $1 billion and $2.4 billion, equivalent to 1.7 to 4.1 percent of the country's GDP. Poppy cultivation in Myanmar has become more sophisticated, leading to higher crop yields.

Bob Marley Biopic 'One Love' Set to Captivate Indian audiences

The European Commission published its first list of critical medicines, as part of a wider overhaul of laws governing the 136 billion euro ($148 billion) pharmaceuticals industry aimed at avoiding shortages of drugs. It is the biggest change to existing medical laws in two decades. The list, published by the European Medicines Agency, includes a wide range of essential, generic medicines from basic antibiotics such as amoxicillin, painkillers like paracetamol and morphine, and insulin used to treat diabetes. It includes some vaccines for measles, hepatitis B and tetanus, among others.

India, the largest consumer and second-largest producer of sugar globally, has achieved a remarkable feat by being named the Chair of the International Sugar Organisation (ISO) for the year 2024. According to a press release by the ministry of consumer affairs, food and public distribution, this announcement came during the 63rd council meeting of the ISO held in London, signifying India's ascendancy in the global sugar sector. The country's status as the largest consumer and the second-largest producer makes it an ideal candidate to lead the apex international body.