Page 22 - Imprint-magazine june-Issue

Business News

Indian pharma market expected to grow $130 billion by

2030: Sadananda Gowda

India has been serving more than 200 countries with its pharma products and
will continue to discharge its responsibilities.

On 8th January 2021, D V of the COVID-19 pandemic, reliable supplier of drugs and
Sadananda Gowda, Chemical and is expected to reach a size medical devices in a time of
and Fertiliser Minister said, of USD 130 billion by 2030.” need, he added.
“The Indian pharmaceutical
industry has proved to be a Following the onset of the “The total market size of the
dependable supplier of quality pandemic, the Indian pharma Indian pharma industry.
drugs in a time of global need industry has shown its role as a
on account Read More

RDIF Partnered with Virchow Biotech for Sputnik jabs.

Virchow Biotech is the fourth Indian company to sign a production agreement
with RDIF

The Russian Direct complete technology transfer Tummuru Murali Krishna Reddy
Investment Fund (RDIF) has in April-June, after which , Virchow Biotech, managing
signed an agreement with full-scale commercial director said “We are glad to
Virchow Biotech Pvt. Ltd for production of Sputnik V will sign a cooperation agreement
production of up to 200 million begin, said the Russian with RDIF to produce Sputnik V
doses per year of Sputnik V at sovereign fund, which is the vaccine. Virchow’s proven
the latter’s facility in global commercialization Read More
Hyderabad. RDIF is expected to partner for the vaccine.

Remdesivir Production Increased to 1.05 Cr Vials a
Month: Mansukh Mandaviya

Nearly three-fold increase from 37 lakh vials per month on April 12 this year

The antiviral drug Remdesivir Production has Minister of State for Chemicals
is now being gone up nearly three times to and Fertilisers Mansukh
1.05 crore vials per month as
Mandaviya said on 4th May.
produced across 57 the government works hard to The production capacity of the
plants in the enhance the availability of the drug has crossed 1.05 crore
country compared antiviral drug in the country, vials per
Read More
to 20 facilities a

month ago.

20 JUNE-2021