Tuesday 4 April 2017

SUBSIDY IN DRUGS & PHARMACEUTICALS





 The government is planning a subsidy scheme for medium-sized pharmaceutical companies to help make their facilities compliant with World Health Organization (WHO) manufacturing standards.
Small-scale drug makers are already covered by another scheme under which the department of pharmaceuticals reimburses the interest on loans taken to upgrade technology.
This move is aimed at improving medium-sized drug manufacturers’ infrastructure and help them get WHO’s good manufacturing practices (GMP) compliance certificate, a mandatory benchmark for product quality.

 

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