India Exim Bank and JBIC to offer wide range of financing products for Pharma Cos to promote exports
India Exim Bank, along with JBIC, will offer competitive financing options to pharma companies working in the COVID ecosystem

India Exim Bank, along with JBIC, will offer competitive financing options to pharma companies working in the COVID ecosystem
At P-MEC 2019, ACG Group Introduced NXT Series of smart, sophisticated pharma production, inspection and packaging equipment which has sleek, modernised machinery, which enhances user-friendliness, aesthetics and IIoT connectivity.
Halcon — the joint venture between Hindustan Aeronautics Ltd (HAL) and Container Corporation of India (Concor) — has firmed its plans to diversify its exports business.
Themis Medicare makes active pharmaceutical ingredients which account for a significant portion of its revenue. It is also in manufacturing and marketing formulations.
In respect of medicines not under price control, manufacturers are allowed to increase the maximum retail price by 10 per cent annually.
The government had notified DPCO, 2013, which covers 680 formulations, with effect from May 15, 2014, replacing the 1995 order that regulated prices of only 74 bulk drugs.
Prices of some medicines as well as medical devices are likely to dip with the government exempting drugs and pharmaceuticals from education cess. The exclusion has brought down the excise duty on pharmaceuticals from 6.18% to 6%, prompting the drug price regulator to ask companies to immediately pass on the benefit to consumers.