India to outrun China in 15 years : Deutsche Bank study
India will grow faster than China and most other countries over the next 15 years, said a Deutsche Bank study. The global research arm of the German Bank has said that India will be among the top five growth centres between 2006 and 2020, and clock an annual average GDP growth of 5.5%. As against this Malaysia is expected to grow at 5.4% and China at 5.2%. Thailand and Turkey are among the other emerging markets to achieve a high growth.
Clinical Trials : 20 per cent of all clinical trials conducted globally will be from India
It is estimated that about 20 per cent of all clinical trials conducted globally will be from India by 2010. Over two millions people will be participating in clinical studies in India by that time. Last year, over nine million patients participated in clinical trials globally, Dr Vijai Kumar, president and CEO, Neeman Medical International, said.
SSI Ministry rejects plea for further reviews of Schedule M modification
The Ministry of Small Scale Industries (SSI) has rejected the proposal of the small-scale drug-manufacturing sector to constitute a review committee for further modification of Schedule M norms. The decision has come after the Health Ministry refused to further entertain any requests of relaxation of Schedule M.
Doubling exports to create 1cr. jobs
The government today sought to play the employment generation card as part of the Foreign Trade Policy, claiming it was a highly labour intensive sector.
Diagnostic Reagents And Kits : GMP Norms
The diagnostic reagents and kits manufacturers of the country will soon have to comply with a fresh set of Good Manufacturing Practices norms being finalised by the central government. The GMP norms will specify the requirements of premises, plant and equipment for the manufacture of diagnostic kits.
Medical Packaging : DuPont P&IP to market authentication technologies
DuPont Packaging & Industrial Polymers (P&IP) and its Security & Solutions Business will market two technologies arming brand owners with some necessary tools in the ongoing fight against counterfeiting and tampering.
Health Ministry plans 50 testing labs in 3 years
The Ministry of Health & Family Welfare has launched a major initiative to set up 50 state-of-the-art drug testing laboratories across the country within three years. While 20 of them are to be entirely new facilities, rest would come up through renovation and modernisation of existing laboratories.