Press Trust of India | Last Updated: February 10, 2016 20:50 (IST)
Under flak for withdrawing customs duty exemption for 76 life saving drugs including for cancer, the government on Wednesday justified the decision, saying it was to protect domestic manufacturers and there will only be marginal increase in the prices of these imported drugs.
Press Trust of India | Last Updated: February 08, 2016 20:38 (IST)
The Competition Appellate Tribunal has stayed an order by the Competition Commission of India's (CCI) imposing a penalty of over Rs 74 crore on Alkem Laboratories.
Press Trust of India | Last Updated: February 08, 2016 17:43 (IST)
Drug firm Strides Shasun has acquired controlling stakes in Kenya's Universal Corporation and Australia-based Generic Partners Holdings in a bid to strengthen its business in these regions.
Press Trust of India | Last Updated: February 07, 2016 20:56 (IST)
Government's move will adversely impact patients' interest, say experts.
Press Trust of India | Last Updated: February 07, 2016 20:15 (IST)
India's pharmaceutical industry is expected to register muted export revenue growth and stable domestic revenue increase in 2016-17, according to a report by India Ratings.
Press Trust of India | Last Updated: February 07, 2016 15:56 (IST)
Glenmark Pharmaceuticals has rolled out an EMI scheme for cancer patients in order to help them continue treatment and meet the high cost of medication.
Press Trust of India | Last Updated: February 07, 2016 13:45 (IST)
As many as 74 drugs, including life-saving ones used for treating cancer and HIV, will see a sharp rise in prices as the government has withdrawn customs duty exemption on their imports.
Press Trust of India | Last Updated: February 06, 2016 14:33 (IST)
Commerce and industry Minister Nirmala Sitharaman on Friday raised serious concerns over increasing imports of active pharmaceutical ingredients (APIs) and asked the experts and industry to work in the direction to reduce the dependence on imports.
NDTV Profit Team | Last Updated: February 04, 2016 13:31 (IST)
Top drug makers, including Wockhardt, Lupin and Cipla, came under a sharp selloff on Thursday following a news report saying the US government has made it mandatory for active pharmaceutical ingredients (APIs) to be manufactured locally.
NDTV Profit Team | Last Updated: February 01, 2016 13:17 (IST)
IPCA Laboratories shares crashed 16.27 per cent on Monday after the drugmaker said it has received a warning letter from US drug regulator highlighting manufacturing quality lapses at three of its units.
Thomson Reuters | Last Updated: February 01, 2016 13:08 (IST)
Drug maker IPCA Laboratories Ltd said the US Food and Drug Administration (FDA) issued it a warning letter outlining manufacturing quality lapses observed at three of its Indian factories, pushing its shares down as much as 16 per cent.
Press Trust of India | Last Updated: January 27, 2016 13:45 (IST)
Aurobindo Pharma has received approval from the US health regulator to manufacture and market generic Voriconazole tablets used for the treatment of fungal infections.
Press Trust of India | Last Updated: January 26, 2016 11:56 (IST)
Drug discovery firm Sun Pharma Advanced Research Company (SPARC) has received markets regulator Sebi's approval to raise up to Rs 250 crore through a rights issue.
Press Trust of India | Last Updated: January 25, 2016 15:27 (IST)
Some major projects of the Ministry of Ayush have failed to take off.
Press Trust of India | Last Updated: January 22, 2016 21:02 (IST)
Greater scrutiny by the US Food and Drug Administration (USFDA) is emerging as a key challenge for Indian pharmaceutical sector as it can delay new product approvals and add to margin pressures, a report says.
Press Trust of India | Last Updated: January 22, 2016 17:30 (IST)
Drug major Sun Pharma has received approval from competition watchdog CCI to sell the erstwhile Ranbaxy Laboratories' two divisions in the central nervous system (CNS) segment in India to Strides Shasun for Rs 165 crore.
Thomson Reuters | Last Updated: January 19, 2016 22:44 (IST)
Gujarat and Telangana have put sales of Swiss drugmaker Roche's blockbuster drug Avastin on hold, officials said on Tuesday, after it hampered the vision of 15 patients who used it for a condition it is not officially meant to treat.
Press Trust of India | Last Updated: January 18, 2016 12:48 (IST)
Nine observations received by Wockhardt for its Shendra facility in Aurangabad from the US Food and Drug Administration (FDA) are not 'critical' in nature and half of the issues would be resolved in next fortnight, the company said on Monday.
Press Trust of India | Last Updated: January 18, 2016 12:03 (IST)
Drug firm Lincoln Pharmaceuticals on Monday said its highest selling chloramphenicol sodium succinate injection, used to treat serious bacterial infections, has been banned in Tanzania and the company's registration has also been cancelled there.