Govt to extend GMP compliance deadline by one year for small drug firms
Live MintNew Delhi: The Centre plans to extend the deadline for complying with good manufacturing practice, at par with the World Health Organization standards, for small pharmaceutical companies with a revenue of ₹250 crore or less less by one year till 31 December 2025. This comes in the backdrop of several respresentations sumbitted to the government by various associations requesting extension of the timeline to enable micro, small and medium pharma companies to comply with the provisions of the revised Schedule M. The government notified new Schedule M was in December 2023. Stakeholder comments awaited “We are looking forward to receving the comments from the industry stakeholders within 7 days following which Drugs Technical Advisory Board shall held a meeting as per the provisions, to amend the previous notification of December 2023,” said an official aware of the matter. Also read | Prices of TB, asthma, glaucoma, mental health drugs hiked by 50% Queries sent to the health ministry spokesperson remained unanswered till pess time.