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Posted: November 27th, 2011, 7:14pm EST
All India Drug Action Network rejects draft proposal saying it legitimises overpricing and justifies super profit.
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Posted: November 23rd, 2011, 5:06am EST
Biocon Ltd, India's largest listed biotechnology company, expects to find a deep-pocketed global partner for its experimental oral insulin pill by March.
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Posted: November 20th, 2011, 6:38am EST
Dr Reddy's Laboratories said the agitating workers at its manufacturing facility in Srikakulam have called off 3-month old strike.
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Posted: November 20th, 2011, 3:32am EST
Pharma major Dr Reddy's Laboratories has requested the government to denotify its SEZ at Medak in AP, said a top company official.
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Posted: November 17th, 2011, 11:48am EST
Supreme Court today asked the Union government to ensure that rates do not "escalate" causing a burden on the common man.
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Posted: November 17th, 2011, 5:05am EST
"It should go down, not go up," said an apex court bench of Justice G S Singhvi and Justice S J Mukhopadhaya.
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Posted: November 17th, 2011, 1:36am EST
Drugmaker Lupin said that it's unit has signed an agreement to buy Japan's I'rom Pharmaceutical Co for an undisclosed sum.
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Posted: November 16th, 2011, 7:49pm EST
India's attempts to check foreign investment in pharma and expand drug pricing control could force multinationals to exit the country.
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Posted: November 16th, 2011, 7:43pm EST
Bayer AG said it expects sales in India to double by 2015 and targets more than 60% increase in revenue from entire Asia during the period
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Posted: November 16th, 2011, 5:06am EST
TCG Lifesciences today said it has entered into an agreement with Austria-based JSW Lifesciences for collaboration services in clinical studies in the area of central nervous system (CNS).
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Posted: November 16th, 2011, 3:57am EST
Glenmark Pharmaceuticals today said it is launching anti-ageing products from the stable of Canadian firm Immanence-IDC as it forays in to the cosmeceuticals segment in India.
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Posted: November 15th, 2011, 11:36pm EST
Dr Reddy's Laboratories said late on Tuesday contract workers at its manufacturing unit in Andhra Pradesh have disregarded a wage agreement finalised on November 8 and have continued their strike.
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Posted: November 15th, 2011, 6:26am EST
Venus received approvals from health authorities in the UK and New Zealand for marketing its generic injectable antibiotic Meropenem
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Posted: November 15th, 2011, 5:51am EST
Sun Pharmaceuticals Industries today hit out at the proposed draft new pharma pricing policy, 2011 saying it could lead to shortage of drugs.
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Posted: November 15th, 2011, 4:38am EST
Glenmark said it has signed a ten-year pact with Canada's Immanence IDC to sell dermatology products in eight countries, including India.
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Posted: November 13th, 2011, 5:20pm EST
Late last year, Pfizer started offering ‘co-pay’ programmes which lowered out of pocket payment by insured patients to $4 a month for a Lipitor prescription.
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Posted: November 13th, 2011, 5:18pm EST
In 2008, it bought the Asia-Pacific operations of California-based Valeant Pharmaceuticals. In 2010, it acquired 70% in Indonesian drugs manufacturer MUGI.
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Posted: November 13th, 2011, 1:04am EST
Super speciality drug distributor Vardhman Health Specialities is planning to invest Rs 50 crore in additional infrastructure
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Posted: November 9th, 2011, 4:41pm EST
A group of US pharmacies filed lawsuit against Ranbaxy, Pfizer & accused the two drug firms of delaying the launch of Lipitor in the US
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Posted: November 8th, 2011, 5:24am EST
The brothers behind hospital operator Fortis India know a thing or two about selling family businesses. But their latest move looks less shrewd.
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Posted: November 6th, 2011, 5:20pm EST
Lupin has challenged the maximum retail price fixed by the country’s drug price regulator for its anti-tuberculosis brands and a new asthma medicine.
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Posted: November 6th, 2011, 3:35am EST
To take advantage of the robust growth of the domestic pharma industry, MNCs are looking at alliances and partnerships.
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Posted: November 3rd, 2011, 3:15am EDT
Indian pharmaceutical companies every year export drugs worth $600 million to Russia, which is a fast-growing market.
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Posted: November 2nd, 2011, 7:53pm EDT
Foreign drugmakers fear they would be forced to cut prices of imported medicines by up to 90%.
