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New regulatory regime for pharma industry

A friendly regulatory regime for pharma industry will come into force. Dept. of Pharmaceuticals has met major pharma companies to identify bottlenecks that mars pharma research. It plans to iron out difficulties  to provide a boost for pharma research in the country. It will facilitate faster approvals for various stages of animal and human experiments. Overall, it will be friendly to pharma companies, provide protection of research data at the same time prevent pharma companies to hold on patents only upto 20 years without extending the same by exclusive rights

 

 

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