Business Today

LESSONS LEARNT

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THE INDIAN pharmaceut­ical industry, earlier reeling under the regulatory scanner of the USFDA, is learning from its mistakes. Of the 192 inspection­s held by the USFDA in 2017, only eight were reported as Official Action Indicated (OAI). These were 10 a year ago (271 inspection­s), 11 in 2015 out of 272 inspection­s and 21 out 173 inspection­s in 2014. In the case of USFDA warning letters for non- US sites, India had only 29 per cent letters of the 49 issued in 2017, a drop from the 39 per cent of 18 letters issued in 2014. While Indian companies were responsibl­e for 30 per cent of import alerts in 2017, Chinese companies were responsibl­e for 50 per cent, said a McKinsey-Indian Pharmaceut­ical Alliance (IPA) data analysis.

 ?? - P.B. Jayakumar ??
- P.B. Jayakumar

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