India and Nicaragua Sign Historic MoU on Pharmacopoeia Recognition

India and Nicaragua An important partnership has been formed in the field of pharmaceutical regulation through the signing of a Memorandum of Understanding (MoU). Pharmacopoeia Recognition. This milestone agreement marks Nicaragua as the first country in the Spanish-speaking world to recognize the Indian Pharmacopoeia, reflecting the growing global recognition of India’s pharmaceutical standards.

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Signing of MoU

Dr. Sumit Seth, Ambassador of India to Nicaragua and Dr. Martha Reyes, Health Minister of Nicaragua signed an MoU on Pharmacopoeia Cooperation between the two countries. This MoU underlines the commitment of both the countries to cooperate in regulating medicines and ensuring quality healthcare to their citizens.

Recognition of Indian Pharmacopoeia

With this MoU, Nicaragua has joined the select group of countries that recognize the Indian Pharmacopoeia (IP). IP, maintained by the Indian Pharmacopoeia Commission (IPC), sets standards for drugs in India, ensuring their quality, efficacy and safety. The recognition of IP by Nicaragua reflects its adherence to global standards and its confidence in India’s regulatory framework.

Importance of pharmacopoeias

Pharmacopoeias play an important role in regulating the quality of medicines manufactured and consumed within a country. They provide standards for the composition, purity and testing methods of drugs, guiding regulatory authorities and pharmaceutical industries in ensuring the safety and efficacy of drugs. Major pharmacopoeias in the world include the United States Pharmacopoeia (USP), the British Pharmacopoeia (BP), the European Pharmacopoeia (PH Euro), and the Japanese Pharmacopoeia (JP).

Indian Pharmacopoeia (IP)

IP, established in 1955, is the official book of standards for drugs in India. It defines specifications and test methods for both raw drugs and finished formulations, ensuring uniformity and quality in the pharmaceutical sector. IP holds legal status under the Drugs and Cosmetics Act, 1940, and compliance with its standards is mandatory for all drugs imported, manufactured and distributed in India.

global recognition

The IP has gained recognition beyond the borders of India, with many countries accepting it as the standard book for pharmaceuticals. Before Nicaragua, Afghanistan, Ghana, Nepal, Mauritius and Suriname recognized IP. With the addition of Nicaragua, the IP is now recognized in six countries, further enhancing India’s position in the global pharmaceutical landscape.

Important facts for all competitive exams

  • Nicaragua Capital: Managua;
  • Nicaragua Currency: Nicaraguan c√≥rdoba;
  • President of Nicaragua: Daniel Ortega;
  • Nicaragua Continent: North America.

India and Nicaragua sign historic MoU on Pharmacopoeia Recognition_40.1

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