Plant for production of Penicillin G & Clavulanic acid to start soon: Department of Pharmaceuticals
The Department of Pharmaceuticals has announced that India will soon start producing Clavulanic Acid, a key ingredient in the antibiotic Augmentin. This move is part of the Production Linked Incentive scheme aimed at reducing dependency on foreign...
Speaking with ANI she said, " Production Linked Incentive scheme for bulk drugs and under that scheme, huge investment has come in, and Penicillin G and Clavulanic would now be manufactured in India. Hopefully these plants will be commissioned and inaugurated soon."
"Half the antibiotics in the market are beta lactam antibiotics. They are basically based on Penicillin G and Clavulanic acid. These are core or key drug intermediates, key starting materials. They are also called bulk drugs. We used to manufacture them at one time, but we lost it to foreign competition." she added.
"We are very happy to announce that the PLI, or the Production linked incentive scheme for bulk drugs has been a success and under that scheme, huge investment has come in, and Penicillin G and Clavulanic would now be made in India," she further stated.
The secretary said that last year India had achieved trade balance in the export and import of bulk drugs.
"We need to diversify the value chains for these critical bulk drugs. The PLI scheme has provided incentive so that manufacturing on key starting materials for antibiotics can happen in India, and that's going to commence very soon," she added.
Penicillin G and Clavulanic Acid are key ingredients in the antibiotic Augmentin and the commissioning of the plant will thereby reduce India's dependency on China.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.