This site is intended for Healthcare Professionals only.

‘India cancels licences of some drug firms in crackdown on fake products’

Date:

Share post:

Indian authorities have cancelled or suspended licences of some domestic drug companies as part of action taken against 76 pharmaceutical firms this month for selling adulterated or fake products, a government source said on Thursday.

India is known as the ‘pharmacy of the world’ and its pharmaceuticals exports have more than doubled over the past decade to $24.5 billion in 2021-22.

But that image has been dented by the death of at least 70 children in Gambia and 19 children in Uzbekistan  in Uzbekistan last year linked to drugs made by India-based pharmaceutical companies.

Health Minister Mansukh Mandaviya confirmed a crackdown but did not give details of companies against which action had been taken.

“There are more than 10,500 pharma companies in the country. Companies who make spurious medicine will not be spared,” Mandaviya told reporters at an event.

Licences of some Indian drug companies have been cancelled, some were suspended while others have been put on notice during the past 15 days, the source, who had direct knowledge of the matter, told Reuters news agency.

The source, who did not want to be identified as they were not authorized to speak to the media, declined to reveal the names of the companies.

The government has said it will spend $79.6 million on strengthening its drug regulatory after the World Health Organization raised concerns about domestically produced cough syrups being linked to the death of children in Gambia and Uzbekistan.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Current Issue March 2024

Related articles

Superdrug to open 25 new high street stores this year

The opening of new Superdrug stores is anticipated to generate over 500 jobs nationwide Superdrug is bolstering its physical...

New Hospital Scheme delays drain millions monthly from ‘scarce’ NHS funds, trust leaders warn

Trust leaders are calling on the next government to commit to constructing 40 new hospitals in England by...

NHS virtual wards set to slash waiting times, prevent 178k admissions in next 2 years

Under the new NHS virtual wards scheme, hospitals to be incentivised for prompt care, with 12-hour A&E target In...

Pharmacist Support: Trainee pharmacists get set to ACTNow for mental health awareness ahead of GPhC assessment

Pharmacist Support's annual mental health awareness campaign offers vital support ahead of GPhC assessment and registration transition Trainee pharmacists...