Government move to extend the validity period of new drug
A new drug is considered ‘new’ for 10 years instead of the current four and it will be followed from the date of its first approval. A committee of secretaries has proposed that period in the interest of better and more effective regulation. The committee comprising the secretaries of DIPP, health, pharmaceuticals, the CEO of […]
India’s Cosmetics Market May Double by 2021
The sales of cosmetic products in India is increasing robustly because of the Increasing purchasing power and disposable income, urbanization, growing awareness about beauty products and manufacturers aggressively pushing products in rural areas of India. Affordability and rising consumer are also responsible for high cosmetic sales. According to recently published report of Bonafide Research “India […]