Pharmaceutical Sector

Budget 2019: Govt may consider cutting customs duty on some medical devices

The government may consider reducing customs duty on certain medical devices in the forthcoming budget with an aim to boosting domestic manufacturing of such goods

Govt's cheaper medicare drive pinches pharmaceutical sector, private hospitals in 2017

While the government's directive to doctors to prescribe only generic names unsettled pharma companies, the NPPA's (National Pharmaceutical Pricing Authority) move to cap prices of medical devices such as stents and knee implants created discomfort for the manufacturers.

Apart from e-commerce, this sector got the most private equity funding in Q2 of 2014

Private equity (PE) firms invested $1,944 million across 88 deals during the quarter ended June 2014, down from the last quarter.