Wednesday, April 14, 2021
Home Life Style Health & Fitness Scientists Facilitate The Regulatory Process For Herbal Drugs

Scientists Facilitate The Regulatory Process For Herbal Drugs

A 2017 report by the Confederation of Indian Industry (CII) predicts that the biosimilars market in India, that is currently worth about Rs 15,000 crore, is expected to cross the staggering Rs 2,50,000 crore-mark by 2030.

Council of Scientific and Industrial Research’s constituent laboratory, the Centre for Cellular and Molecular Biology (CSIR-CCMB), Hyderabad, and the Indian Pharmacopeia Commission (IPC), Ghaziabad, have joined hands to facilitate the regulatory process for biosimilars and herbal drugs, as per a statement here on Sunday.

The scope of the memorandum of understanding (MoU) signed between CSIR-CCMB and the IPC is the development of biopharmaceutical reference standards and impurities therein, development of monographs for important Monoclonal Antibodies and identification of herbal drugs based on DNA Barcode analysis, a CCMB statement said.

Use of biologics – biological products that function as drugs against diseases – also known as biosimilars, are expanding their presence rapidly in the healthcare sector, including in India.

lab

Scientific validation and characterization of herbal drugs will not only help authentication of such drugs but also will bring credibility for this industry, the CCMB added. Pixabay

A 2017 report by the Confederation of Indian Industry (CII) predicts that the biosimilars market in India, that is currently worth about Rs 15,000 crore, is expected to cross the staggering Rs 2,50,000 crore-mark by 2030.

Emergence of biopharmaceutical drugs as a preferred choice for therapy over conventional pharma drugs, requires concerted efforts by various sectors within the country towards production, characterisation and validation of indigenously developed products, the CCMB said.

The agreement was signed by CSIR-CCMB Director Rakesh Mishra and IPC’s Secretary-cum-Scientific Director G.N. Singh.

This collaboration, which has come into force with immediate effect, is very important in the current scenario owing to the increase in use of therapeutic proteins and herbal drugs for various diseases, the statement said.

scientist
Use of biologics – biological products that function as drugs against diseases – also known as biosimilars, are expanding their presence rapidly in the healthcare sector, including in India. Pixabay

Documentation and characterisation of Indian herbal drugs and phytopharmaceuticals will lead to a significant usage and their export.

Also Read: When You Engage in ‘Hedonic Consumption’? Read Here To Find Out

This collaborative project will be executed at par with pharmacopeia standards of other countries, it said.

Scientific validation and characterization of herbal drugs will not only help authentication of such drugs but also will bring credibility for this industry, the CCMB added. (IANS)

STAY CONNECTED

19,517FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

A Few Things That You Need To Know About The Covid19 Jab

As Hyderabad-based pharmaceutical major Dr. Reddy's Laboratories (DRL) announces it has received permission from the Drugs Controller General of India (DCGI) to import Sputnik...

Identifying Great Opportunities And Leveraging Them Is The Key

Are you waiting for that once-in-a-lifetime opportunity to change your life, change your business or change the world? How will you know when it...

Social Media Remains A Powerful Weapon Of Publicity

Social media remains a powerful weapon of publicity even in the panchayat elections in Uttar Pradesh which are scheduled to be held in a...

Covid19 Restrictions And Partial Lockdown Likely To Impact Economic Activities

The restrictions and partial lockdowns in several states and cities amid rising Covid-19 cases are likely to impact economic activities in the current quarter...

The Modern Concept Of ‘Fusion Mithais’: Here’s All You Need To Know

Any celebration in India is incomplete without a box of 'mithai'. Laddoo, barfi, gulab jamun, halwa, etc are age-old recipes that are staples in...

The Rise Of Lifestyle Medicines Sector In India

Lifestyle medicines seek to address daily life health issues and work towards improving the overall well-being of individuals and societies. Regular consumption of these...

Surge In Afghan Civilian Casualties: UN Report

A UN report on Wednesday showed that at least 573 Afghan civilians were killed and 1,210 others wounded in the first three months of...

Social Distancing, Mask Wearing By 60% People May Curb Covid Outbreak: Study

Coronavirus' viral outbreaks can be prevented if at least 60 percent of people start wearing masks, and maintain social distancing, according to a study."...

Recent Comments