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PharmaLytica 2021 successfully returns in a Hybrid Format

PharmaLytica 2021 successfully returns in a Hybrid Format
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India asks China to keep prices stable as costs for medical supplies surge

India asks China to keep prices stable as costs for medical supplies surge
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May 13, 2021 17:04 IST
‘Expecting supply chains to remain open and product prices to be stable’, says India’s Consul General in Hong Kong
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Priyanka Chauhan, India’s Consul General in Hong Kong. | Photo Credit:
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‘Expecting supply chains to remain open and product prices to be stable’, says India’s Consul General in Hong Kong
India has asked Chinese authorities to ensure prices for key medical supplies remain stable as costs for oxygen concentrators and other critical goods have surged on the back of rising demand. ....

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Big relief for import-dependent Indian pharma as Sichuan Airlines resumes cargo services

Big relief for import-dependent Indian pharma as Sichuan Airlines resumes cargo services
India is sourcing almost 70 per cent of drug intermediates, key starting materials and active pharmaceutical ingredients (APIs) all essential raw materials needed to manufacture medicines from China
Joe C Mathew | May 12, 2021 | Updated 12:51 IST
Sichuan Airlines resumes cargo services to India
In a major relief to the import-dependent Indian pharmaceutical industry, Chinese state-owned Sichuan Airlines has resumed its cargo services to India. The decision of Sichuan to suspend its services to India due to increasing COVID-19 cases for 15 days from the end of last month had threatened to disrupt the pharmaceutical, medical devices and oxygen concentrator supply chains. ....

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China's state-run Sichuan Airlines to restart operations to India from 9 May

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Hyderabad: China’s state-run Sichuan Airlines, which had suspended its cargo operations to India following the second wave of COVID-19, will restart services from May 9, a top official of Pharmaceuticals Export Promotion Council of India (Pharmexcil) said on Thursday.
Recently, the Pharmexcil had sought the intervention of Indian Ambassador in China into the supply disruption caused by the suspension ofair cargo services of the airlines to India, for 15 days.
“Reference is invited to the above-mentioned subject.
In this regard, I am directed to inform that Sichuan Airlines is restarting its operations from Chengdu to Chennai from 12th May, and from Chengdu to Bengaluru on 9th May 2021, Director General ofPharmexcil, Udaya Bhaskar told PTI quoting an email from the Department of Pharmaceuticals. ....

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Relief for pharma as Chinese airlines set to resume service

Relief for pharma as Chinese airlines set to resume service
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In some relief for Indian pharmaceutical industry and continuity in key raw materials supplies from China, Sichuan Airlines is resuming cargo services to India.
It will restart operations from Chengdu to Bengaluru on May 9 and Chengdu to Chennai from May 12, Pharmaceuticals Export Promotion Council of India director general Ravi Udaya Bhaskar said, citing a communication from a senior official of the Department of Pharmaceuticals.
The decision is bound to bring cheer to the Indian pharmaceutical industry since its dependence on imports from China is high. Seeking intervention of the Indian Embassy in Beijing, after the airlines stopped operating to India earlier this month, Pharmexcil had said 60-70% of drug intermediates, KSM (key starting materials) and API (active pharmaceutical ingredients) requirements are sourced from China. About 45-50% of all APIs im ....

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