Drug Approval | October 14, 2021
IOL receives Korean FDA approval
The company’s pharmaceutical API products Ibuprofen and fenofibrate got the go-ahead
The company’s pharmaceutical API products Ibuprofen and fenofibrate got the go-ahead
The test kit uses a reagent developed using Kaneka's molecular testing-related technologies
A long waiting period for critical equipment and a 50% hike in the cost of APIs imported from China are among the immediate challenges
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As of June 30, 2021, 267 out of a total of 427 SEZs approved by the government are operational
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The company aims to continue its expansion via organic and inorganic routes to increase production capacity and product portfolio
The govt has rolled out three schemes for promoting the manufacture of API
Drug formulations and biologics make impressive gains
The US FDA has closed the observations pertaining to this audit with an Establishment Inspection Report on the 20th of July 2021
This will enable Mangalam to reduce its reliability on Chinese imports for this product and also help to maintain an uninterrupted supply chain to a great extent
The company will provide one crore tablets every week, starting from 12th May 2021, aggregating to 16 crore tablets worth Rs. 8 crores over the next 4 months
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