Page 143 - CW E-Magazine (12-3-2024)

Pharmaceuticals

AIDING GROWTH
Health Minister inaugurates bulk drug park projects

and medical devices plants under PLI scheme

Union Health Minister Dr. Man- 27 bulk drug plants inaugurated
sukh Mandaviya virtually inaugurated Sl. Name of the Bulk drugs Location
27 greenfield bulk drug park projects No. company
and 13 greenfield manufacturing plants 1 Meghmani LLP Para Amino Phenol Dahej, Gujarat
for medical devices under the Produc- 2 Sadhana Nitro Chem Ltd. Para Amino Phenol Raigad, Maharashtra
tion Linked Incentive (PLI) scheme on
March 2. 3 Emmennar Pharma Pvt. Ltd. 1,1-Cyclohexane Sangareddy, Telangana
Diacetic Acid (CDA)
Speaking on the occasion, the Minister 4 Hindys Lab Pvt. Ltd. 1,1-Cyclohexane Nalgonda, Telangana
said, “It is noteworthy that today 5 Diacetic Acid (CDA)
India has not only reduced its dependence Acyclovir
on medicines, APIs and medical devi- 6 Kreative Actives Pvt. Ltd. Diclofenac Sodium Visakhapatnam, Andhra Pradesh
ces, the country is also emerging as a
major exporter of these products, thanks 7 Dasami Lab Pvt. Ltd. Carbamazepine Nalgonda, Telangana
to the success of the PLI scheme.” “The 8 Oxcarbazepine
PLI-I scheme of the Union Government 9 Hetero Drugs Ltd. Carbidopa Visakhapatnam,Andhra Pradesh
identified 48 critical bulk drugs for manu- 10 Levodopa
facturing locally. The success of this 11 Levofloxacin Sangareddy, Telangana
inaugural scheme led the government 12 Oxcarbazepine
to launch the Rs. 15,000-crore PLI-II 13 Honour Lab Ltd. Levetiracetam Sangareddy, Telangana
scheme which envisaged to increase our 14 Valsartan
cost competitiveness for medicines and 15 Lopinavir Visakhapatnam, Andhra Pradesh
medical products in the international 16 Vitamin B6
market,” he added. 17 Anasia Lab Pvt. Ltd. Losartan Nalgonda, Telangana
18 Olmesartan
While manufacturing of 22 bulk 19 Andhra Organics Ltd. Sulfadiazine Srikukalam, Andhra Pradesh
drugs has been commissioned under 20 Telmisartan
the 27 new projects, another 11 bulk
drugs will be manufactured within one 21 Amoli Organics Pvt. Ltd. Diclofenac Sodium Vapi, Gujarat
year. This includes Penicilin G, which 22 Symbiotec Pharmalab Pvt. Ltd. Prednisolone Dhar, M.P.
has not been produced in India since 23 Hazelo Lab Pvt. Ltd. Vitamin B6 Yadadri Dist., Telangana
the last three decades. Highlighting the
importance of local manufacture of bulk 24 Aviran Pharmachem Pvt.Ltd. Artesunate Mehsana, Gujarat
drugs, Dr. Arunish Chawla, Secretary, 25 Centrient Pharmaceuticals Atorvastatin Nawanshahr, Punjab
Department of Pharmaceuticals, said India Pvt. Ltd.
India will now begin to manufacture 26 Globela Industries Pvt. Ltd Norfloxacin Bharuch, Gujarat
bulk drugs for which we were 90-100% 27 Ofloxacin
import dependent until five years ago.
formulations and 22 bulk drugs will be the rest will be completed in the next
He added that the pharmaceuti- manufactured in India. two years. “The 40 plants inaugura-
cals industry in India witnessed a 12% ted today have come up in three
compound annual growth rate (CAGR) Mr. Chawla said that two-thirds of years since the scheme’s launch, and
in the last 10 years. He also highligh- the greenfield plants planned under the another 30 to 40 plants are scheduled
ted that under the PLI scheme, as many scheme for bulk drugs and medical de- to start manufacturing in the next two
as 1,800 pharmaceutical products and vices have now been inaugurated, and years,” he added.

Chemical Weekly March 12, 2024 143

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