India News: The National Pharmaceutical Pricing Authority (NPPA) has capped the trade margin for oxygen concentrators at 70 per cent, the Ministry of Chemicals an
These applications with committed investment of Rs 5,355.44 crore and expected employment generation of about 11,210 have been approved by the government under the PLI Scheme for Bulk Drugs
All the 215 applications received for the 36 products spread across the four target segments were considered and appraised and selected participants duly informed, the Ministry of Chemicals and Fertilizers said.
To augment the domestic production capacity, all the seven manufacturers of remdesivir in the country were asked to ramp up production quickly, the ministry said in a statement. "With the combined efforts of the central government and the manufacturing companies, the production capacity of the licensed manufacturers has increased unprecedentedly from 38 lakh vials per month to nearly 119 lakh vials per month," it added.