Government bans 350 drugs, including Phensedyl, Corex
Posted on: 14 Mar 2016 09:21:37
14 March 2016 Current Affairs: India has banned the manufacture and sale of more than 300 combination medicines, including two widely used cough syrups, being sold without government approval, a senior health ministry official.The move is aimed at curbing the misuse of such medicines in India, where nearly half the drugs sold in 2014 were so called "fixed dose combinations." Combination drugs are used worldwide to improve patients' compliance, as it is easier to get patients to take one drug rather than several. But inconsistent enforcement of drug laws has led to the proliferation of hundreds of such medicines entering the market based on approval from regulators of individual states, rather than the central government. In 2014, India set up a committee to review more than 6,000 combinations that had entered the market based only on state regulators' approval. Policymakers gave pharmaceutical companies a chance to retroactively prove the safety and efficacy of these drugs by submitting data on their drugs. The committee was tasked with classifying the drugs into rational, irrational, and those that need further studies The banned medicines include the codeine-based cough syrups Phensedyl and Corex, the Times of India said in a report earlier on Saturday, citing unnamed sources. Phensedyl, made by US drugmaker Abbott Laboratories , accounts for about a third of the Indian cough syrup market, and its sales are estimated to make up more than 3 percent of Abbott's $1 billion India revenue. Corex is sold by Pfizer Inc. Reuters reported in December how a powerful antibiotic cocktail being marketed in India by a unit of Abbott and many other local companies did not carry approval from the central government. The combination was not approved for sale in major markets such as the United States, United Kingdom, Germany, France, Japan and Australia. Several medical experts said it did not make sense to prescribe the cocktail for cold symptoms. However, Abbott's former and current medical representatives said the combination was being promoted and administered as a treatment for a wide variety of illnesses, including colds and fevers.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail