Spice Route Legal is pleased to announce that Ankita Hariramani has been admitted into the equity partnership. Ankita has been an integral part of Spice Route Legal’s market-leading financial services and TMT practices for over 8 years. Congratulating Ankita, Spice Route Legal Co-Founder Praveen Raju, said, “We are pleased that Ankita has accepted the responsibilities… Continue reading Spice Route Legal Promotes Ankita Hariramani to Equity Partnership
INTRODUCTION Alcohol consumption in India has increased over the years and is estimated to reach about 6.21 billion litres by 2024.1 Considering the healthcare implications of alcoholic beverages, the Food Safety and Standards Authority of India (“FSSAI”) has laid down certain food safety standards for the manufacturers, marketers and other stakeholders for such alcoholic beverages.… Continue reading Healthcare in India: FSSAI Regulations for Alcoholic Beverages
INTRODUCTION Non-compete clauses and agreements in the life sciences industry are often seen in commercial, transactional and employment arrangements. Is it necessary and what is intended of such arrangements? Non-compete provisions are added primarily to protect intellectual property and trade secrets, and secure the interests of companies from employees, sellers, vendors and customers exploiting proprietary… Continue reading Navigating Non-Compete Clauses in the Life Sciences Industry: An Enforceability Analysis
INTRODUCTION The Ministry of Health and Family Welfare (“MHFW”) released a draft of the Drugs, Medical Devices and Cosmetics Bill, 2022 (“Bill”)for objections, comments, and suggestions from the public and relevant stakeholders (including healthcare lawyers and life science law firms) on 8th July 2022.1 The objective is to replace the existing Drugs and Cosmetics Act,… Continue reading Drugs, Medical Devices and Cosmetics Bill, 2022
INTRODUCTION The Food Safety and Standards Authority of India (“FSSAI”) amended the Food Safety and Standards (Packaging and Labelling) Regulations, 2011 (“Regulations”)1 in August 2020 to incorporate menu labelling requirements, which are to be followed by food service establishments (“Amendment”).2 The Amendment added regulations dealing with ‘Display of information in food service establishments’ (“FSEs”). The… Continue reading Healthcare in India: Menu Labelling Requirements
INTRODUCTION The interim budget presented by the Union Finance Minister Nirmala Sitharaman for the year 2024-2025 outlined the Government’s plans to strengthen the country’s healthcare system. The interim budget introduced several new initiatives focused on making healthcare accessible and affordable for all. The interim budget makes critical provisions for the healthcare sector by increasing the… Continue reading Wellbeing Wallet – Healthcare Insights from the Interim Budget (2024)
INTRODUCTION In response to the rapid increase in the number of vehicles in Haryana and the associated environmental and health concerns, the Haryana Government has introduced the Haryana Electric Vehicle Policy (“EV Policy”). The primary goal of the EV Policy is to encourage and incentivise the manufacturing of electric vehicles (“EVs”) and their components within… Continue reading Electric Mobility: Haryana Electric Vehicle Policy, 2022
Spice Route Legal assisted M.E Energy Private Limited, a distinguished leader in waste heat recovery and waste heat utilisation systems, on its acquisition by Kilburn Engineering Ltd, a listed entity renowned for its expertise in the design and manufacture of waste heat recovery solutions. The acquisition marks a significant milestone for both entities as it… Continue reading Spice Route Legal advises M.E Energy on its acquisition by Kilburn
INTRODUCTION Companion Diagnostics (“CDx”) are In Vitro Medical Devices (“IVDs”), often used in combination with drugs to test their efficacy on a particular patient and to determine the patient’s eligibility for the recommended treatment with a specific drug. IVDs are substances intended to be used outside the body for the diagnosis of any disease or… Continue reading Regulatory Framework around Companion Diagnostics
INTRODUCTION In April 2023, the Union Cabinet approved the National Medical Devices Policy, 2023 (“Policy”). The medical device industry has been in focus in recent years after the release of the Medical Devices Rules, 2017, aimed at regulating medical devices. This Policy aims to establish India as a global manufacturing hub for medical devices and to… Continue reading National Medical Devices Policy, 2023
