Dear Readers, we are happy to share the most interesting legal and policy updates concerning health industry that we read today. We hope you enjoy reading it.
1. The Ministry of Corporate Affairs has amended the Companies (Specification of Definition Details) Rules, 2014, revising the financial criteria for “small companies.” The updated norms increase the paid-up capital limit to INR 10 crore and turnover limit to INR 100 crore. The change, effective immediately, expands eligibility for compliance relaxations particularly benefiting many mid-sized pharma entities by reducing regulatory burden and easing governance requirements.
Source: h7.cl/1ko76
2. The Subject Expert Committee (SEC) of the Central Drugs Standard Control Organization (CDSCO) has deferred approval for a leading manufacturer’s RSV vaccine. The SEC has requested the complete Phase III study data, including six-month safety results for adults aged 60 and above, before considering new drug approval.
Source: h7.cl/1fxf9
3. Telangana’s Drugs Control Administration has reportedly urged citizens to verify medical shop licences through its Online Drug Licensing System’s Third-Party Verification tool. The initiative follows a raid in Khammam that seized medicine varieties from an unlicensed outlet, reinforcing the state’s focus on public safety and regulatory compliance.
Source: h7.cl/1fxfe
4. The World Health Organization has issued its first guideline on using Glucagon Like Peptide One therapies for long term obesity treatment. The guidance provides conditional recommendations due to limited evidence and high costs, stressing fair access and comprehensive care alongside healthier environments and early interventions for all.
Source: h7.cl/1ko7n
5. The Department of Telecommunications has reportedly directed smartphone manufacturers to preinstall the Sanchar Saathi cybersecurity application on all new devices and update existing phones. The mandatory, non-removable app enables reporting of fraud and tracing stolen phones, reflecting the government’s push to strengthen digital security through nationwide efforts.
Source: h7.cl/1fxfm