IPEC India membership dues will be fair for excipient manufacturers, users and distributors in the country according to the IPEC Federation.
Earlier this week we reported plans to set up an International Pharmaceutical Excipients Council (IPEC) association in India after the IPEC Federation announced it had been asked to set up in the country.
Dave Schoneker, who was appointed to the IPEC Federation's board to oversee expansion, told in-pharmatechnologist.com that: “The IPEC Federation has been trying to establish an IPEC India group for several years and we are working with a number of companies to put together a legal entity which will meet our requirements.”
“This initial group of companies has developed the appropriate plan for the formation of this group and requested to be an associate member of the IPEC Federation according to IPEC Federation policy.
Schoneker went on to explain that, in common with chapters in Europe, the Americas and Japan, IPEC India will be an organisation for excipient makers, users, distributors and all the other interested groups.
“IPEC India will provide a forum for discussion on excipient issues and to coordinate the distribution and use of IPEC guidelines by the industry and regulators in India. A membership dues structure has been set up which we believe is fair for the Indian market.”
And, while any formal announcement is unlikely before the IPEC Federation’s AGM in February next year, Schoneker expects the current review of the IPEC India proposal to be completed before the end of the year.
“We hope to be able to make a decision within the next few weeks. If approved, IPEC India will set-up a legal trade association in India according to their business plan with their own officers, members and administrative structure. They will then be an associate member of the IPEC Federation.”