-The Times of India NEW DELHI: The health ministry was actively mulling compulsory licensing, apart from price capping, of “orphan drugs” (for rare diseases), when the department of pharmaceuticals abruptly issued an order exempting such medicines from price control, derailing plans to make these drugs affordable. The health ministry discussed price capping and invoking compulsory licence for these “exorbitantly” priced “orphan drugs” at a meeting on January 3, the day when DoP...
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'Many combination drugs not approved by regulator' -Afshan Yasmeen
-The Hindu Study raises safety, efficacy concerns; call for ban of irrational formulations Of the 110 anti-TB (tuberculosis) Fixed Dose Combinations (FDCs) available in India, only 32 (less than 30%) have been approved by the Central Drugs Standard Control Organisation (CDSCO), the country’s drug regulator. In the case of malaria FDCs, only eight out of 20 (40%), have been approved. These statistics, that give rise to safety and efficacy concerns, have been brought...
More »Law on medical devices has waited 12 years -Ritu Sarin
-The Indian Express NITI Aayog meeting notes it will bring in ‘more control, curb growth’ New Delhi: Successive governments in India have neglected the medical devices sector. For over 12 years, a proposed legislation, the Medical Device Regulation Bill, has awaited enactment. Advertising The Bill was first drafted in 2006 when the UPA was in power. It was never legislated. Under the NDA, a Group of Ministers (GoM) was constituted under Finance Minister Arun...
More »How Govt Milking of Cash Cow LIC is Endangering India's Most Trusted Life Insurer -Praneta Jha
-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out debt-ridden IL&FS. Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have...
More »DoT bars telcos from using Aadhaar eKYC
-The Hindu Business Line The Department of Telecommunications on Friday directed telecom service providers to stop using Aadhaar authentication to verify the KYC of existing mobile customers and to issue new connections. It asked the operators to abide by the order by November 5. The use of “Aadhaar authentication is not permissible for eKYC for verification of telecom subscribers, nor for issuing new mobile connections”, said the DoT in a statement issued...
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