Americans will be the first to be affected, said Niranjan Hiranandani, Founder and Chairman of the Hiranandani Group on Friday, in response to U.S. President Donald J. Trump's announcement of a 100 per cent tariff on branded and patented pharmaceutical products.
Chairperson of the topmost Pharmaceutical company, Pharmexcil, which earns 40 - 50 per cent of its total revenues from the American market also said, "Generic drugs are not impacted".
Chennai (Tamil Nadu) [India], September 26: VELS Institute of Science, Technology & Advanced Studies (VISTAS) - NAAC A++ Category-I Deemed-to-be University, celebrated Vels Success Day 2024-25 with the distribution of scholarships worth Rs. 12.8 Crores benefiting 5,362 students across course
The Sensex and Nifty opened in red on Friday as the Nifty 50 extended its losing streak, slipping below key levels for the fifth consecutive session. The index has already given up more than half of the 1,000-point rally it had witnessed since the August 29 lows.
The Indian pharmaceutical sector supplies over 50 per cent of global demand for various vaccines, 40 per cent of generic demand in the US and 25 per cent of all medicines in the UK. According to a government release, drug and pharmaceutical exports increased by 6.94 per cent from USD 2.35
In a post on Truth Social, President Trump wrote, "Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America. 'IS BUILDING' will be defined as 'breaking
Speaking at the India-SICA Foreign Minister's Meeting in New York, Jaishankar expressed optimism about the growing interest of Indian companies to invest in SICA economies, especially in agriculture, renewable energy, pharmaceuticals, and information technology sectors.
Manesar (Haryana) [India], September 25: Camfil has added a new production line for HEPA and ULPA filters at its Manesar plant, increasing supply capacity for hospitals, pharmaceutical cleanrooms, biotechnology labs, and other high-containment facilities.
Chennai (Tamil Nadu) [India], September 25: Avtar, India's pioneer and leading workplace culture consulting and inclusion solutions company, today announced findings from the 10th edition of Best Companies for Women in India (BCWI), listing. The findings mark an evolution in the integration
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on two Indian nationals, Sadiq Abbas Habib Sayyed and Khizar Mohammad Iqbal Shaikh, along with an India-based online pharmacy, KS International Traders, for their roles in supplying hundreds of
The West Asian nation of Jordan is keen to deepen economic ties with India by attracting investments in key sectors such as information technology (IT), artificial intelligence (AI), pharmaceuticals, renewable energy, and green energy, said Youssef Abdelghani, Jordan's Ambassador to India.
Gurugram (Haryana) [India], September 24: Dr. Morepen Pharmacy is strengthening its purpose of affordable and accessible medicines by ensuring that the recent GST reductions on medicines are passed on directly to consumers. With a focus on quality generics and chronic therapies, the mobil