CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

First-ever anti-cancer drugs manufactured in Nepal

CEO Tab by CEO Tab
February 16, 2022
in Prime News
0
First-ever anti-cancer drugs manufactured in Nepal
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The distribution of first-ever domestically manufactured anti-cancer drugs has started in Nepal coinciding with International Childhood Cancer Day.

You might also like

Govt Faces Mounting Pressure Over Controversial ‘Take-and-Pay’ Hydropower Policy

Tea Exports Surge by Over 40% While Cardamom and Other Key Goods Decline

Chimkhola-Mangale-Rahughat Hydropower Project Begins Test Production in Myagdi

The Tizig Pharma initiated distribution of the drug which has ended the compulsion for Nepali cancer patients to procure expensive drugs from abroad.

Tizig Pharma’s executive director Shailesh Vaidya shared that they started manufacturing and distributing anti-cancer drugs in Nepal for the first time in the country.

A factory set up in Kavrepalanchowk district after inking a technology transfer agreement with Indian pharmaceutical company -SP Accure Labs has begun manufacturing the drug in tablet and capsule form.

Vaidya further shared that they were considering producing the drug in injection form too. The company claims that domestically produced drugs will be less costly than those brought from abroad.

Furthermore, there will be less possibility for drug shortage in the market as production has begun locally. Bharatpur Cancer Hospital’s executive chairperson Dr Bishnu Dutta Poudel said it was a very good development that anti-cancer drugs were being manufactured in Nepal.

He suggested the manufacturers pay attention to the quality of the drugs. Similarly, oncologist Dr Madan Piya echoed the jubilant sentiments with Dr Poudel that these drugs were now being manufactured in Nepal and viewed that priority should be accorded to the Nepalis for consumption of those drugs.

Likewise, Association of Pharmaceutical Producers of Nepal chairperson Prajwal Jung Pandey asserted that the production of such drugs in Nepal showed that Nepal could manufacture any sort of drugs. He pointed out the need to make Nepal self-reliant in drugs by manufacturing drugs like anti-cancer drugs.

Department of Drug Administration’s Santosh KC urged the manufacturers of anti-cancer drugs to ensure the quality of the drugs. The Tigiz Pharma said it has obtained approval for 27 molecules from the Department of Drug Administration for manufacturing of anti-cancer drugs.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Govt Faces Mounting Pressure Over Controversial ‘Take-and-Pay’ Hydropower Policy

by CEO Tab
June 24, 2025
0
OPMCM

The government is facing intense backlash over its newly introduced 'take-and-pay' provision in the annual budget for Fiscal Year 2025/26, with stakeholders, lawmakers, and even members of the...

Read more

Tea Exports Surge by Over 40% While Cardamom and Other Key Goods Decline

by CEO Tab
June 24, 2025
0
Tea worth Rs 1.5 billion exported in first four months of FY 2023/24

Nepal's tea exports have witnessed a notable rise of 40.50 percent during the first 11 months of the current fiscal year 2024/25, according to the Mechi Customs Office....

Read more

Chimkhola-Mangale-Rahughat Hydropower Project Begins Test Production in Myagdi

by CEO Tab
June 24, 2025
0
Successful test of power production by Upper Syange project

The 37.5-megawatt Chimkhola-Mangale-Rahughat Hydropower Project in Raghuganga Rural Municipality of Myagdi district has commenced test production following the successful trial of major infrastructure components, including the dam, desander,...

Read more

Ruling Coalition Agrees to Scrap ‘Take and Pay’ and ‘Take or Pay’ PPA Models

by CEO Tab
June 24, 2025
0
Raghuganga Locals Present 31-Point Demand to Hydropower Projects

The ruling coalition partners—the Nepali Congress (NC) and the CPN-UML—have agreed to remove both the 'take and pay' and 'take or pay' provisions from the Power Purchase Agreement...

Read more

Government Fails to Meet External Loan Target Amid Slow Capital Spending

by CEO Tab
June 23, 2025
0
Loans from BFIs to private sector increases by Rs 192.64 billion till mid-January

The federal government had aimed to raise NPR 217 billion in external loans in the current fiscal year, but it has not even achieved half of that goal....

Read more
Next Post
Heineken to put up beer prices as costs soar

Heineken to put up beer prices as costs soar

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.