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DCGI streamlines drug export approvals, enhances regulatory oversight

Business Standard LogoBusiness Standard5h ago

DCGI streamlines drug export approvals, enhances regulatory oversight - Business Standard

Quick Summary:

The move against Aveo Pharma followed a recent BBC investigation that exposed a racket in which a Mumbai-based producer, Aveo Pharmaceuticals, was exporting the unlicensed addictive combination to West African countries such as Nigeria, Ghana, and Côte d'Ivoire.

Raghuvanshi clarified the CDSCO’s stance on SEC deliberations, stating that re-deliberations will only be allowed if new information is presented by a company."We will not allow companies to repeatedly push the same content to SECs," he asserted.

The DCGI’s announcements signal a concerted effort to modernise and strengthen India’s drug regulatory framework, ensuring both domestic safety and responsible export practices.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 17:18:34 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 835 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26474659

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 222 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "DCGI streamlines drug export approvals, enhances regulatory oversight" was covered 5 hours ago by Business Standard, a news publisher based in India.

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