Revised Schedule M implementation for MSMEs extended, industry welcomes move
Express Pharma
JANUARY 5, 2025
The Union Ministry of Health and Family Welfare revised the date of the implementation of the revised Schedule M of the Drugs and Cosmetics Act allowing pharma MSMEs an additional 12 months to comply, extending the date to December 31, 2025. To avail of this extension, pharma companies with a turnover of less than 250 crores must file an application with the Central Licensing Authority with details of their upgradation plan.
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