US-India trade talks: Steer clear of deal-breakers

Although these are early days in the negotiations for a multi-sectoral bilateral trade agreement (BTA) between India and the US, the final outcome is already being envisaged as the ‘mother of all deals’ and a ‘grand trade deal.’ Both countries are expected to negotiate hard for finalizing an agreement that maximizes benefits for their respective…

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Govt floats EOI for doing major Research & Development in pharma medtech sector and drugs

New Delhi: The government has sought expressions of interest (EoI) for research & development (R&D) projects to develop novel technologies in medicine, including medical devices and drugs for communicable and non-communicable diseases. The focus will be on drug discovery for hypertension, lung disease, cancer, diabetes and rare diseases. The EoIs have been floated by the…

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Over 100 MSME drug firms modernizing their pharma unit as per WHO standards

New Delhi: A total of 103 applications have been approved for Central financial assistance to MSME (micro, small and medium enterprises) drug firms wishing to upgrade to international standards, the government said, addressing an impediment to India’s pharma export ambitions. The total financial support under the government’s revamped Pharmaceutical Technology Upgradation Assistance Scheme amounted to…

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