U.S. FDA Investigation Of Ranbaxy Exposes Lax Drug Regulation In India
This article was originally published in PharmAsia News
Executive SummaryQuestions raised by the U.S. FDA about whether Ranbaxy Laboratories manufactures generics made from bulk drugs obtained from unapproved sources exposes lax regulatory oversight in undeveloped countries. India's regulatory standards are "abysmal," says an article in the Economic Times, with offenses often unreported or unpunished. The country has no credible way of monitoring adverse drug reactions, so the danger of sub-standard drugs in India is barely recognized, the newspaper said, despite the presence of more than 80 plants that have U.S. FDA approval. India has more than 20,000 other manufacturing units. (Click here for more
You may also be interested in...
ConMed’s ambitions in orthopedics are to be the clinician’s support, develop differentiated offerings and avoid “me too” activity, before all notions of leading the market rankings.
Executives On The Move: Tech And Science Announcements At Orexo And Agios, And Board Changes At Accorda And RhoVac
Swedish pharma Orexo welcomes EVP, digital health and anti-cancer therapeutics firm Agios Pharmaceuticals announces Bristol-Myers Squibb exec as its next CSO. And a chair takes a seat at Accorda Therapeutics and RhoVac.
In 2018, the top 100 publicly listed and reportable medical device technology companies had global sales spanning from over $30bn to some $100m in the lower reaches. As the latest In Vivo Medtech 100 ranking shows, many of the major changes in value sales were linked to company restructurings. But there were some impressive organic gains too.