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Pharmaceutical Industry News

30 Jun 2017

GST impact: Are drug-makers running out of medicines?

Sources said the industry has also witnessed a reduction in inventories since May-end, as distributors and retailers tried to minimise losses due to change in tax structure.

27 May 2017

Facebook aims to sell ads to drugmakers

Facebook will host a summit in June that is dedicated to health and aims to sell ads to the pharmaceutical industry, a media report said.

Pharmaceutical Industry

25 Nov 2016

Indian pharma companies' profiles better than global peers: Moody's

The Indian pharmaceutical companies exhibit strong business profiles underpinned by good products and geographic diversity as compared to some global peers, American rating agency Moody`s said on Friday.

Pharmaceutical companies

18 Nov 2015

Drug cos get a final chance to register with pharma data bank

The government has given a final chance to pharmaceutical companies to register themselves with pharma data bank by December 15 and said failure to do so will invite penal action.

18 Sep 2015

Australian scientist Colin Raston wins Ig Nobel prize for 'unboiling' an egg

Can you unboil an egg? Well, Australian researcher Colin Raston can just do that! And for undertaking such an unusual and imaginative research, he just won the Ig Nobel.

28 Jun 2015

Lupin to beef up branded portfolio through alliances

"In 2015-16, the company remains committed to continuing to strengthen its branded portfolio with the launch of additional products by not only creating alliances but also developing its own pipeline and making strategic brand acquisitions in US markets," Lupin said in its annual report here.

14 Jun 2015

Elder Pharma eyes Rs 100 cr from global sales of Shelcal

The company is also looking to export another nutritional product, Thrive, a natural supplement that helps fight chronic metabolic disorders, he added. It is looking at strong prescription base in over 70 countries by March 2017.

12 Jun 2015

FDA upgrades Jubilant Life's US plant status

This upgradation by the USFDA from Official Action Indicated (OAI) to VAI is "indicative of the current good manufacturing practice (cGMP) status at the facility" since receiving the warning letter in 2013, the drug maker added.

11 Jun 2015

Novartis India arm says unaware of any delisting plan

"The board of the company has not received any notice from the promoters of the company, Novartis AG, on its intention to delist the equity shares of the company from the Bombay Stock Exchange Limited," Novartis India said in a statement after trading hours.

Pharmaceutical Industry

03 Jun 2015

'Pharma industry grappling with pricing, regulatory issues'

The buoyant pharmaceutical industry is still struggling to deal with the challenges around pricing in the domestic market, increased regulations as well as data integrity, says an EY survey.

Sun Pharma Shares

01 Jun 2015

Sun Pharma shares tank 11%; top loser on Sensex, Nifty

The stock plunged 11 percent to Rs 869.50 on the BSE. At the NSE, it dipped 10 percent to Rs 869.10.

AstraZeneca Pharma

28 May 2015

AstraZeneca Pharma shares end 14% higher post earnings

For the year ended March 31, the company posted a net loss of Rs 20.83 crore, while it had reported a net loss of Rs 50.89 lakh during the previous year.

Strides Arcolab

22 May 2015

Strides Arcolab reports Q4 net profit at Rs 69.66 cr

Strides Arcolab shares were trading 0.60 percent down at Rs 1,180.80 per scrip during afternoon session on the BSE.

15 May 2015

Complaint against Sun Pharma for anti-trust violations in US

Ranbaxy Laboratories, recently acquired by Sunpharma, has been sued in the US District Court in Massachusetts for allegedly manipulating USFDA rules.

Cadila Healthcare

15 May 2015

Cadila Healthcare Q4 profit up 46% at Rs 350 cr

Cadila Healthcare stock was trading at Rs 1,710.90, up 3.18%, on BSE.

10 May 2015

Cipla promoters to decide on family pact in 'due course'

Sebi has opined that the agreement would qualify for exemption from open offer requirement under takeover norms.

18 Mar 2015

Indian companies not singled out for inspections, says USFDA

The US health regulator said it is looking to increase training and joint inspections in various areas, including manufacturing while also discussing possibility of information sharing with Indian officials.

09 Feb 2015

Pharma exports to reach Rs 1.1 lakh cr by FY'16

The pharmaceutical industry continues to benefit from lower cost of research and production which aids manufacturing for exports, the report said.

02 Feb 2015

RBI notifies new FDI policy for medical devices segment

The Reserve Bank on Monday notified the changes in the FDI policy allowing 100 percent foreign direct investment in medical devices segment.

22 Dec 2014

Panel for blanket ban on FDI in brown field pharma units

Government must put a blanket ban on FDI in brown field pharma units, a Parliamentary panel Monday said asserting that under existing policy domestic firms faced 'decimation' due to takeover by MNCs and it could affect India's ability to produce low-cost quality generic drugs.

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