Udayavni Special

What is Bulk drug park and why Himachal Pradesh vying for its allotment?


Team Udayavani, Nov 1, 2020, 5:35 PM IST

Himachal Pradesh has been leading in drug manufacturing. It is said that more than one-fourth of India’s formulation drugs are produced and supplied from Baddi-Barotiwala-Nalagarh (BBN) Himachal’s industrial belt bordering Chandigarh.

It is Asia’s biggest pharmaceutical hub. Pharma companies in Himachal consume nearly Rs 27,000 crore of Active Pharmaceutical Ingredient (API) either procured from other states like Tamil Nadu, Karnataka, West Bengal, Gujarat, Odisha, Maharashtra, Uttar Pradesh, and Haryana, or imported.

It is one of the states vying for the allotment of a bulk drug park under a central government scheme. The state government has identified around 1,400 acres in Una district to set up a bulk drug park

According to Indian Express, A bulk drug, also called an active pharmaceutical ingredient (API), is the key ingredient of a drug or medicine, which lends it the desired therapeutic effect or produces the intended pharmacological activity.

Although, India has one of the largest pharmaceutical industries in the world (third largest by volume), this industry largely depends on other countries, particularly China, for importing APIs, DIs and KSMs.

It is said that bulk drug park will benefit the existing pharmaceutical companies by cutting down their transportation costs, taxes, and other duties. The price of the drugs manufactured at the BBN pharma hub will come down drastically

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Kargil, Leh join hands to push for statehood, constitutional safeguards for Ladakh

Bommai leaves for Delhi to consult BJP leadership on cabinet expansion

Sindhu India’s pride, one of our most outstanding Olympians: PM Modi

India beat Great Britain 3-1, enter semis of Olympics men’s hockey after 49 years

Bommai congratulates shuttler Sindhu for winning bronze medal in Olympics

Bengaluru: ‘Six railway stations to get inter-model facilities’

Pak finalises law to award provisional provincial status to GB, states report


Related Articles More

Marlboro to stop selling smokes in UK

Male fertility is declining – studies show that environmental toxins could be a reason

Earth’s inner core is growing more on one side, and here’s why it isn’t tipping

Here’s why CDC recommends indoor masks even if you’ve been fully vaccinated against Covid-19

Why animals recognise numbers but only humans can do maths

MUST WATCH

PV Sindhu Wins Bronze Medal

Toursts in jog falls

School Students now grazing cows

UDAYAVANI NEWS BULLETIN 01-08-2021

Significance Of Cow Dung

Latest Additions

Kargil, Leh join hands to push for statehood, constitutional safeguards for Ladakh

Bommai leaves for Delhi to consult BJP leadership on cabinet expansion

Sindhu India’s pride, one of our most outstanding Olympians: PM Modi

India beat Great Britain 3-1, enter semis of Olympics men’s hockey after 49 years

Bommai congratulates shuttler Sindhu for winning bronze medal in Olympics

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.