Govt to set up pharma dept
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.

Taking Control – Medical Devices Industry to get a Regulatory Authority
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.

whatsapp--v1