KKR and Apax have signed the binding agreement for the acquisition of Bengaluru based Healthium Medtech and likely to make a formal announcement as early as Monday, the people mentioned above added. Healthium is the largest manufacturer of surgical needles globally by volume.
The Food Safety and Standards Authority of India (FSSAI) has raised the maximum residue limit (MRL) for a pesticide in herbs and spices to 0.1mg/kg from the earlier 0.01mg/kg.
The meeting to be held by the department of pharmaceuticals (DoP) will discuss bringing surgical gloves and single-use medical examination gloves under the quality control order (QCO) to ensure better standards for these products whether imported or manufactured in the country, sources said.
Former Indian Council of Medical Research (ICMR) scientist R Ganga Ketkar, who was at the helm of affairs during the Covid pandemic, said symptoms of Thrombosis with Thrombocytopenia Syndrome (TTS) - a serious adverse event that causes blood clots - can only occur within five to 30 days of receiving a Covid vaccine and not now.
In an affidavit filed on Monday, the licensing authority apologised for any "inadvertent and unintentional" non-compliance with the orders of the Supreme Court. It also informed the SC that a criminal complaint had been filed against Patanjali, Ramdev and Balkrishna and Divya Pharmacy before the chief judicial magistrate, Haridwar under the Drugs and Magic Remedies (Objectionable Advertisements) Act 1954.
Economists said a slowdown in construction might also impact ancillary sectors such as cement and sanitaryware, which account for another 8-9% of the GDP.
Approved by the US Food and Drug Administration, semaglutide medications mimic the body’s glucagon-like peptide 1 (GLP-1) hormone to help with insulin production and signal the brain to reduce appetite.
At present there is no separate pricing framework followed for medical devices. The government has been using the same framework which was created for drugs in case they want to regulate the price of any medical device. Earlier, it had regulated the prices of stents and knee implants under the Drug Price Control Order.
The apex court also took a dig at Patanjali Ayurved’s public notice tendering unqualified public apology, asking if the size of the apology put out in 67 newspapers was similar to its full-page advertisements that it normally issued for its ayurvedic products. It asked Patanjali to bring on record within two days the “original” apology published in newspapers so as to check the size of the advertisement.
The committee will evaluate the availability of medicines and medical devices, the pricing of essential medicines while providing incentives to the industry to maintain growth and build sustainability in exports. The committee will soon start consultations with the industry experts and associations of both medicines and medical devices, people in the know told ET.
"The idea is to come up with a comprehensive physical and mental development programme for schoolchildren, with a focus on nutrition to minimise cases of anaemia and to strengthen their mental health to reduce increasing incidence of anxiety, depression and suicides," said a senior government official, who did not wish to be identified.
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