International alert system for Indian pharma firms
India has proposed to set up a global alert system, where drug regulator from any country can report on unfair practises adopted by the Indian pharma firms.
The move comes close on the heels of the recent reports of Indian pharma firms involving in unfair practises like manipulation of US FDA rules, etc.
India’s drug controller G. N. Singh said, “We have planned an international alert system and will be convening a meeting in this regard in mid- July this year. Any company found indulging in unfair practises will be strongly dealt with.”