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SYRINGE EXPORT
HAB Pharma merges Signature Phytochemicals, eyes Rs3,000 crore revenue by 2030HAB Pharma and Signature Phytochemicals have merged, creating a consolidated entity with a turnover of Rs600 crore. This strategic move aim...- Sun Pharma deal: Perception changer for Indian pharma sector? 10 pharma stocks with upside potential of up to 38%The Indian pharma sector made its initial global forays almost a quarter century ago. Companies sought out markets abroad, learnt to deal w...
- India medical device shortage: Polypropylene price surge threatens syringes, IV bags amid Iran warIndia's medical devices industry faces a polypropylene shortage due to the Iran war, causing a sharp price increase of over Rs 55 per kg. T...
- Sun Pharma recalls over 24K prefilled syringes of generic medication in the USIn its latest Enforcement Report, the US Food and Drug Administration (USFDA) noted that the Mumbai-based drug major is recalling 24,194 pr...
- Syringe companies feel the pain as vaccination rate dipsProduction of AD immunisation syringes at its plants has fallen from 4.5-5.0 million units per day a year ago to 500,000-600,000 now. "We a...
- Hindustan Syringes & Medical Devices reduces syringe production as demand for vaccination dropsRajiv Nath, managing director, HMD, told ET that the government has either suspended the orders or rescheduled it to next year.
- Indian syringe makers told to put stocks on hold by two monthsIn an email dated February 14 to syringe makers, Central Medical Service Society (CMSS)-the government’s procurement body told the manufact...
- Govt removes restrictions on syringe exportsIn 2020-21, the export of syringes stood at USD 45.68 million. It was USD 17.37 million during April-July this fiscal.
- Government removes export curbs on all diagnostic kits, reagentsThe export restrictions on these products were imposed in June last year and August 16, 2021 on account of increasing COVID-19 cases. An ex...
- Quantitative restriction on export in place for certain syringe types for 3 months: Health ministryThe restriction applies to just three categories of syringes, it said and added that syringes are vital to sustain the momentum of the prog...
- AiSMA expresses concerns over government’s decision to restrict syringe exportRajiv Nath, President, All India Syringes and Needles Manufacturers Association (AiSNMA) urged the government to lift the restriction on no...
- Government restricts export of syringes with or without needlesThe Directorate General of Foreign Trade (DGFT) said that the export policy for syringes with or without needleshas been amended from “free...
- Covid-19 vaccine supply chain: From syringe to cold storage, how companies are ramping up productionShortages in vaccine and consumables may not be felt in the first few rounds of inoculations. But they are likely to crop up in the followi...
- Hindustan Syringes and Medical Devices ships over 56m syringes to Covax facilityThe Covax facility, which seeks to pool in resources to accelerate the development of the promising vaccine candidates for Covid-19 that wi...
- Patients overcharged by billions each yearThe import price of a popular hip implant is Rs 8,906, but by the time it’s marked on a patient’s bill, it costs Rs 1.29 lakh, a markup of ...
- HMD launches Safety Cannula to prevent needle stick injuriesAccording to WHO, if Safety Cannula is made mandatory in hospitals, then around 80% of all hospital staff can be saved from needle stick in...
- Roselabs Bioscience to enter over 100 markets for PFL syringes"We are looking at entering over 100 countries by the end of 2014 for our formulated PFL syringes," Roselabs Bioscience Director Zameer Aga...
- Roselabs plans to raise Rs 100 crore through private equityAhmedabad-based Roselabs Group has set up the first of its kind complete end-to-end pre-filled syringes (PFS) making facility in the world.
- Roselabs Biosciences sets up Rs 400 crore pre-filled syringes unit in AhmedabadCompany claims setting up first fully integrated PFS unit and expects to break-even in next two years, as the demand for PFS is rising.
- Hindustan Syringes to invest Rs 100 crHindustan Syringes and Medical Devices (HMD) will invest up to Rs 100 crore in the next three years for expansion.
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