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Government frees exports of Paracetamol APIs

The Directorate General of Foreign Trade amended the export policy for Paracetamol APIs to remove the restriction making its export “free with immediate effect. DGFT had restricted the exports of 26 bulk drugs and their formulations on…

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Serum Institute owner sells Czech unit to US co

The Cyrus Poonawalla Group, owner of world's largest vaccine manufacturer Serum Institute of India, has sold its Czech Republic-based Praha Vaccines to Novavax for $167 million, helping the US biotech firm significantly expand its vaccine…

New antibody kits may have a China link, too

After initial hiccups over validating the efficacy of Covid-19 antibody testing kits made in China, the Indian Council of Medical Research (ICMR) has started the process of approving kits made by about 15 companies from Germany, the US,…

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