India cancels licenses of 18 pharma companies due to spurious medicines
The Indian government has taken strict action against 34 companies in what is being termed the biggest crackdown against pharmaceutical companies manufacturing substandard drugs. Licenses of 18 pharma companies have been cancelled, in what would serve as a clear warning to erring pharmaceutical companies.
An initiative to check the production of substandard medicines was launched earlier this year by state drug regulators. Inspection is currently in progress across the country in the second round.
A joint inspection of 203 pharmaceutical companies was conducted as part of this special drugs inspection drive.
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