May 22, 2015 20:17 (IST)
Cipla (EU), a wholly-owned subsidiary of the company, has entered into a definitive agreement to acquire a 51 per cent stake in Uganda's Quality Chemicals Ltd (QCL) from its existing shareholders, Cipla said in a statement.
May 22, 2015 11:34 (IST)
Wockhardt said the product from its new drug discovery programme is aimed to treat pneumonia.
May 21, 2015 18:53 (IST)
Drug firm Wockhardt on Thursday said a product from its new drug discovery programme, which aims to treat pneumonia, has received QIDP or qualified infectious disease product status from the US Food and Drug Administration (FDA).
May 21, 2015 16:30 (IST)
As per the information available on the USFDA website, Cipla is recalling the drug for "failed impurities and degradation specifications".
May 21, 2015 16:05 (IST)
Glenmark Pharmaceuticals on Thursday said it has been granted tentative approval by the US Food and Drug Administration (FDA) to sell Rufinamide, which is used to treat seizures caused by the Lennox-Gastaut syndrome.
May 21, 2015 14:50 (IST)
Strides said it will also buy some branded drugs as part of the deal
May 19, 2015 23:24 (IST)
With 32 of top 100 pharmaceutical firms not responding to its direction to register for online database, the National Pharmaceutical Pricing Authority (NPPA) has asked pharma associations to ask their members to register immediately.
May 19, 2015 19:29 (IST)
Mauritius-based Aranda Investments is a foreign portfolio investor and a wholly-owned indirect subsidiary of Temasek Holdings (Private) Ltd, the investment arm of the Singapore government.
May 16, 2015 14:23 (IST)
Dr Reddy's Laboratories has launched in India Somazina, a drug used to treat patients who have suffered from stroke.
May 15, 2015 20:39 (IST)
Drug major Sun Pharmaceutical Industries on Friday said it is reviewing a complaint filed against it and its subsidiaries by Meijer Inc alleging anti-trust and other violations in connection with Ranbaxy securing market exclusivity for certain products.
May 15, 2015 11:35 (IST)
Sun Pharma is India's largest drugmaker.
May 14, 2015 21:08 (IST)
Ranbaxy filed "grossly inadequate" applications seeking approval for its drugs and deceived the FDA into granting approvals and giving the company market exclusivity, the class action lawsuit asserts. It was filed by US retailer Meijer Inc on Tuesday in the US District Court in Massachusetts.
May 13, 2015 22:53 (IST)
The company has acquired 100 per cent equity stake in Medquimica Industria Farmaceutica subject to certain closing conditions, Lupin said in a statement without disclosing the financial details.
May 12, 2015 21:34 (IST)
In a BSE filing, Fortis Healthcare said it has received "the sum of SGD 111 million from the sale of its Singapore based RadLink-Asia Pte Ltd and its subsidiaries to Fullerton Healthcare Group Pte. With this, the deal announced on May 1, 2015 now stands completed."
May 12, 2015 18:39 (IST)
Ms Shaw, 62, has previously also appeared in similar lists and was ranked as the 92nd most powerful woman in the world by Forbes in 2014.
May 08, 2015 22:30 (IST)
The National Pharmaceutical Pricing Authority (NPPA) has fixed prices of 30 formulation packs, including drugs used to treat various diseases such as tuberculosis, diabetes, asthma and antibiotics.
May 07, 2015 13:32 (IST)
The conciliation process between the workers' union and the management is being heard at the state Labour Commissioner's office, Pfizer told BSE.
May 05, 2015 21:19 (IST)
Drug firm Torrent Pharmaceuticals has inked an agreement to fully acquire Zyg Pharma for an undisclosed amount.
May 05, 2015 20:02 (IST)
In a possible succession planning exercise, pharmaceuticals giant Cipla's promoter family has proposed to vote together as a single unit under overall direction of patriarch Yusuf Hamied in his lifetime, and under his brother Mustafa Hamied thereafter.
May 04, 2015 21:47 (IST)
With only 41 out of top 100 pharmaceutical firms responding to its direction to register for online database, the National Pharmaceutical Pricing Authority (NPPA) has warned to take action if the rest of the companies did not comply with its order immediately.