Industry to supply low cost medicines to generic stores
The department of pharmaceuticals (DoP) has received 76 applications from domestic drug makers who are interested in supplying generic medicines at a lower price to the generic drug stores (Jan Aushadhi Stores) recently being set up by the government in several states.
Bharat Biotech wins Orissa government
The Orissa Government has selected Bharat Biotech International (BBIL), as the
Centre plans drug stores in all districts in India
The government has decided to set up a retail network of drug stores across the country in public-private partnership that would sell 350 essential medicines at half the rate of its branded substitute.
First wi-fi cold storage monitor with long battery life launched
GainSpan Corporation, an Intel spin-off and a technology innovator and leader in wi-fi semiconductor and software solutions today announced the availability of industry’s first Wi-Fi cold storage monitor that provides up to 5-10 years of battery life.
Centre carves out new pharma dept
Considering the growth of the Indian pharma industry, the government has finally issued a notification for setting up a separate department of pharmaceuticals. The notification was issued on July 1.
NEWS REVIEW – BUSINESS
[This article was published in the July 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
Business News
Wipro, Cognizant among largest healthcare IT providers in US
Nasdaq-listed Cognizant Technology Solutions, which has major operations in India, and Bangalore-based Wipro Technologies has been ranked among the 100 largest healthcare IT providers in the US.
NEWS REVIEW – INDIA
[This article was published in the May 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
India News
Govt to set up pharma dept
Amid tough price regulation and hectic discussions to finalise a new drug pricing policy by the department of chemicals and petrochemicals, the government has decided to carve out a new department of pharmaceuticals from it. The proposed new department will function as a new entity under the ministry of chemicals and fertilizers along with the other two departments governing fertilizers and chemicals and petrochemicals.
Pharma RFID market expected to hit US$ 1 trillion by 2020
The market for Radio Frequency Identification, or RFID, applications in pharmaceuticals is conservatively estimated to reach US$ 600 million by 2012 with a compound annual growth rate of 60 percent, according to a new market research study.
Taking Control – Medical Devices Industry to get a Regulatory Authority
[This article was published in the March 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
The medical equipment market in India is growing at an annual rate of 15% and is expected to touch US$ 4.98 billion by 2012. With a highly unregulated environment in terms of quality, reliability, pricing and control, uncertainty rules the roost. Often, it�s a confusing maze for care providers and medical professionals, and the brunt of all this has to be borne solely by those at the end of the chain – �the patients� !
There is a dire need for a legal framework and a regulatory agency to look after the industry. How far have we reached? Is the Government taking the right steps? eHEALTH takes stock of the matter.
GoI and World Bank group to rid health sector projects of corruption
The Government of India and the World Bank Group have joined forces to fight fraud and corruption and systemic deficiencies in India
