Officially, 5% drugs sold in India are substandard. Unofficially, the figure is much higher. Substandard drugs delay recovery; lead to resistance and even cause death. In India, about 60% of the medical expenses are out of consumer’s pocket. Of the expenses on medicines nearly 70% is on medicines, which may or may not work. That
The pharmaceutical industry is growing bigger, more foreign players are entering the market, but that’s not good news for the small scale pharma industry. Small enterprises, mostly dependent on contract manufacture for larger companies are facing closure.
Whereas, the pharma market, currently worth around Rs 75,000 crore and growing towards Rs 100,000 crore, is opening up
Researchers from Colorado Cancer Center have found that grape seed extract can destroy cancer cell which target the head and neck of human body. The study shows that Grape Seed extract lowers the growth rate of certain Cancers by up to 67%.
To meet the growing needs to examine much larger tissue samples, researchers at the University of Strathclyde in Glasgow, Scotland has developed the 70cm mesolens, with its 8cm diameter, the only device in the world which will be able to capture details in organisms which are too big to be examined, in just a second to improve the development of new drugs.
As a part of the President’s fiscal year (FY) 2013 budget the U.S. Food and Drug Administration has asked a budget of $4.5 billion on medical product development, protect patients and ensure safety of the food supply to support public health.
A study recently has proved that stem cells grown from patients’ own cardiac tissue can heal damage once thought to be permanent after a heart attack. The cells, called cardiosphere-derived stem cells, regrew damaged heart muscles and reversed scarring one year later, the authors say.
USA-based Medivation (NASDAQ: MDVN) and global drugs behemoth Pfizer (NYSE: PFE) have finally decided to discontinue the development of Dimebon also known as latrepirdine, for all indications and will terminate the ongoing open label extension study in Alzheimer’s disease.
India’s health ministry is planning to amend 72-year-old Drugs and Cosmetics Act in order to recognize medical devices as a separate category. There are currently only 14 medical devices regulated by the Drug Controller General of India (DCGI). Amending the Drugs and Cosmetics Act would bring all medical devices under regulation in India.
Leading Pharma industry experts plan to be at the Pharma Market Research Conference which takes place on February 7-8 at the Hilton Parsippany Hotel in New Jersey.
Date: 21 Feb 2012 – 23 Feb 2012
Place: Florence, Italy
Organized by: ECDC,Istituto Superiore di Sanita’ (ISS)
and Agenzia Sanitaria Locale (ASL)
Epidemiological methods applied to vaccine preventable diseases is a 3 day workshop which will focus on building the capacity to organize, manage, and conduct training on epidemiological methods applied to vaccine-preventable diseases (VPD). The goal is to improve the participants’ skills as trainers.
Recently U.S. Food and Drug Administration has approved INLYTA(R) axitinib, a kinase inhibitor, for the treatment of patients with advanced renal cell carcinoma (RCC) who have not responded to another drug for this type of cancer.
Programs for biosimilar drugs usually need at least one preclinical study to support the clinical phase of development. This study must have pharmacokinetic, immunogenicity and toxicological components and provide insight into the similarities and differences (i.e., comparability) between the biosimilar and the innovator drug.
Antares Pharma has recently announced that it has licensed to Pfizer Inc.’s Consumer Healthcare Business Unit one of its drug delivery technologies to develop an undisclosed product on an exclusive basis for North America. The companies did not disclose specifics of the deal.
Humana, one of the nation's largest health care companies, and Pfizer, the world's largest biopharmaceutical company, have recently linked together to explore new ideas and ways to improve the quality, outcomes and costs of the health care delivery system for senior citizens and other population.
Every year large number of children die of measles, keeping this in mind the Centre has launched a massive anti-measles vaccination drive targeting 57 lakh children in the age group of 9 to 10 years. More than 13 crore children are expected to be covered under the Measles Catch-up Campaign, irrespective of their previous measles vaccination status.
A new study has been found by The University of Texas Health Science Center at San Antonio that Bat plant, or Tacca chantrieri, could be used to fight cancer.
Recently, US Food and Drug Administration (FDA) has advised health providers not to use needle free injector devices to administer influenza vaccines, because so far no flu vaccines have been approved for administration using such devices, saying they are approved for only the measles, mumps and rubella vaccine.
Structure / Market Size The US Sector $ 12 billion valued pharmaceutical industry in India is expected to grow at an compound annual growth rate (CAGR) of 10-11 per cent. The industry spends around 18 per cent of its revenue on research and development (R&D).
Scientist have again achieved a great success by developing a new drug KG5, which kills off cancer and also could wipe out some of the most deadly forms of the disease. It also acts by cutting off the blood supply to tumours.This drug is expected to hit the market in 5years.
Thousands of Americans claim that African mango works on losing your weight. An exotic skinny fruit, African mango is day by day becoming the hottest diet for Americans. An African Mango Diet has been called a “wonder weight loss drug”, and many have shared testimonials of the weight loss benefits.