Govt to revise drugs law, draft new rules for medical devices

MUMBAI: The government is revising its drugs law to make it easier for companies to do business while ensuring the safety and efficacy of medicines. An Amendment

MUMBAI: The government is revising its drugs law to make it easier for companies to do business while ensuring the safety and efficacy of medicines. An Amendment Bill to the Drugs and Cosmetics Act of 1940 was introduced in the Rajya Sabha in 2013. But that has now been withdrawn, the government said in a statement on Wednesday. Draft guidelines to regulate the medical devices industry have already been prepared after consultations with stakeholders, and these will be “notified shortly.” So far, medical devices in India have been regulated as drugs, but companies have been clamouring for separate rules over the years as the industry has grown to $5 billion.

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