The drugmaker announces plans to start clinical trials of a formulation that will give it a shot at a space dominated by Eli Lilly and Novo Nordisk’s blockbuster offerings.
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Quick-commerce apps are likely to run into regulations and poor order volumes as they try to grow this business.
The rules require exporters of certain drugs to get an NOC from importing countries—a small but much-needed step to restoring India’s credibility in the global pharma market.
The food and grocery delivery company’s idea of providing prescription drugs in 10 minutes is facing resistance from traditional pharma players.