Learn bits
Schemes & Policies
Mahesh

06/06/23 07:25 AM IST

Pharmaceutical Inspection Convention and Pharmaceutical Inspection Co-operation Scheme (PIC/S)

In News
  • India is set to join an international regime that fosters cooperation between countries and regulatory authorities in good manufacturing practices (GMP) in order to improve the quality of their medical products.
About the scheme
  • Under PIC/S, India’s industry, particularly micro, small, and medium enterprises, will be required to adopt global standards, specifically focusing on good manufacturing practices.
  • This step will not only help avert tragedies similar to the Gambia incident but also facilitate market access in advanced economies.
  • By aligning with international norms, India’s medical product quality will be enhanced, providing assurance to consumers and regulators.
  • The PIC/S serves as a platform for harmonizing, educating, and updating aspects related to Good Manufacturing Practice among member countries.
  • Additionally, it plays a pivotal role in fostering relationships and coordination between regulatory authorities and governments.
  • By participating in PIC/S, India will align its manufacturing protocols and quality control measures with international standards, ensuring uniformity and compliance across member countries.
Significance
  • PIC/S boasts a prominent membership base that includes countries like the United States, the United Kingdom, Switzerland, Japan, Germany, France, and others.
  • This collaboration allows participating countries to share best practices, exchange knowledge, and collectively enhance the quality and safety of medical products.
  • India’s membership in PIC/S will strengthen its ties with these nations, leading to a broader exchange of expertise and ensuring the country remains at the forefront of international healthcare standards.
Source- Live mint

More Related Current Affairs View All

20 Feb

The Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999

'Investors who were defrauded in the Torres Ponzi scam may receive about Rs 40 crore over the next six months.' The Mumbai Police’s Economic Offences Wing (EOW) has begun

Read More

18 Feb

Aravali safari park project

'The Haryana government’s ambitious 3,858 hectare Aravali safari park project spread across Gurugram and Nuh — which was one of the poll promises of the ruling Bharatiy

Read More

17 Feb

President’s rule function

'Recently,  four days after Manipur Chief Minister N. Biren Singh’s resignation, the Union government announced that President’s rule has been implemented in the v

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps