Health Ministry asserts that no reports of rise in spurious drugs in India

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Even as fresh reports appeared in the Western media about the rise of spurious drugs in India, the Government has categorically stated that there were no reports to substantiate the allegations coming out still about Indian industry.

“There are no reports to indicate that availability of spurious medicines is on the rise in the country,” according to Union Health Minister Ghulam Nabi Azad recently in the Parliament. He also said the Government had taken several steps to check the problem of spurious and sub-standard drugs.

Very recently, a section of the US media had once again raised the issue of spurious drugs in India, in the backdrop of the visit of Margaret A Hamburg, the commissioner of the United States Food and Drug Administration (FDA), to the country. Indian Industry supplies 40 per cent of over-the-counter and generic prescription drugs consumed in the United States. The report had also claimed that World Health Organization estimated that one in five drugs made in India are fakes. A 2010 survey of New Delhi pharmacies found that 12 per cent of sampled drugs were spurious.

“This had been cleared long back after the WHO formally informed Health Ministry that there was no such survey done by it in India. It is no more a debatable issue,” a senior official from the Health Ministry told Pharmabiz about the report.

During the meeting with the US FDA Commissioner last week, the Union Minister had also clearly countered the allegations saying that “cheap drugs did not mean that they were spurious”.

Detailing the steps taken to check the spurious drugs, the ministry sources said the States/UTs were requested to set up special Courts for trial of offences under the Drugs and Cosmetics Act for speedy disposal. So far 16 States have already set up designated special Courts for trial of cases related to spurious and sub-standard drugs.

Guidelines for taking action on samples of drugs declared spurious or not-of-standard quality in the light of enhanced penalties under the Drugs & Cosmetics (Health Ministry asserts that no reports of rise in spurious drugs in IndiaAmendment) Act, 2008 were forwarded to the State Drugs Controllers for uniform implementation. The inspectorate staff have been instructed to keep vigil and draw samples of drugs for test and analysis to monitor the quality of drugs moving in the country, sources said.

Source: PharmaBiz

GLOBAL AYURVEDA FESTIVAl KERALA 2014!

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Dhathri Global Ayurveda Festival

Global Ayurveda Festival – Kerala (GAF) is a biennial get together of the Ayurveda fraternity in the State of Kerala, where Ayurveda has retained its traditional sanctity. The virgin form of Ayurveda in Kerala has been augmented with immense regional innovations and improvements to take the shape and form that we see today, popular as Kerala Ayurveda.The GAF has established itself as a vibrant platform with a mandate to galvanize the Ayurveda sector to aspire, plan and achieve greater heights, both nationally and internationally. It is not conceived merely as another conference or expo but a popular resurgence to venerate the glory and splendour of a living heritage that every Ayurveda exponent and fan will feel proud to embrace.

The second edition of this much anticipated Festival is being held at Kochi, the commercial hub of Kerala, from 20thto 24th February 2014.
The event will look to build on the strengths of the first edition of Global Ayurveda Festival to reach out to a much wider audience for an unprecedented
impact that brings about a visible positive change in the sector.

Dhathri Global Ayurveda Fest

Highlights of Global Ayurveda Festival 2014

  • The largest event in the heartland of authentic Ayurveda
  • Five days International Expo with more than 350 stalls
  • Visitations by more than 2,00,000 people
  • Over 4,000 delegates for the International Seminar
  • Ayurveda Specialty Clinics by eminent clinicians
  • Awareness programmes on Ayurveda for students and public
  • International Business Meet
  • Scientific talks by outstanding thought leaders, researchers and international faculty
  • Curtain raiser events and road shows
  • Ayurveda and ethnic food carnivals
  • Exhibition of rich medicinal plant diversity of India
  • Ayurveda Book Fair
  • The first ever Ayurveda Paramedics Conference
  • Ayurveda Herbs Cultivators and Collectors Meet

Components of GAF

    • Global Exhibition on Ayurveda – Arogya Expo

    • International Seminar- Ayurveda in Public Health

    • Ayurveda Solidarity Meets
      • Cultural Meet

      •  Political leaders  Meet

      • Media Meet
        • International Business Meet

      • International Cooperation Meet

      • Ayurveda Education Expo

      • Medicinal Plants Expo

      • AYUSH Clinics

      • Pre Conference Workshops

        • Netrachikitsa

        • Panchakarma

        • Research methodology, Biostatistics and Scientific writing

      • Guided Tours to

        • Centres of Clinical Excellence in Ayurveda

        • Accredited herbal drug and cosmetic manufacturing units

      • Cultural Programmes

      • Public Awareness Programmes

      • Road shows

      • Documentary Film Festival

      • Photography Competition

Endo Health gets regulatory approval to buy Paladin Labs

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Endo Health Solutions, a US-based specialty healthcare company, recently announced that the South African Competition Commission has completed its review and approved the merger of Endo and Paladin Labs without conditions in terms of section 14(1)(b) of the Competition Act (South Africa).

In addition, the company also informed that it has received regulatory approval under the Investment Canada Act. The Minister of Industry has completed a review of the transaction and determined that it is likely to produce a “net benefit” to Canada.

As previously announced on November 5, 2013, Endo and Paladin entered into a definitive agreement pursuant to which Endo would acquire Paladin Labs in a stock and cash transaction valued at approximately $1.6 billion.

Today’s announced approvals satisfy certain regulatory conditions to the proposed acquisition. The proposed acquisition remains subject to certain other conditions and approvals, including approval by shareholders of Endo and Paladin Labs, approval of the Superior Court of Quebec, registration and listing of New Endo shares and customary closing conditions.

Endo Health Solutions Inc. is focused on branded pharmaceuticals, generics, and medical devices which deliver quality products to its customers intended to improve the lives of patients.

Source: PharmaBiz