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21 Aug 2024

Deadly Explosion At Andhra Pradesh Pharma Unit: 13 Killed, Over 30 Injured

Dozens of fire engines from Anakapalle and surrounding areas quickly responded to the scene to extinguish the fire.

business success story

19 Dec 2023

Success Story: Dilip Shanghvi's Inspiring Journey to Billionaire Success

When he started his pharma company in 1983 with 5 products and 5 people, hardly anyone could guess the success he will achieve. In 1987 when the company began selling on a national scale, it was ranked 108th. Now it ranks 6th, which is nothing short of mind-blowing.

04 Nov 2023

Indian Pharma Company Gifts Cars To Some Employees As Diwali Presents - Watch

The Chairman of Mits Healthcare MK Bhatia said "these cars are a reward for their dedication, honesty, and trustworthiness towards the company."

29 Sep 2020

Video: Cyber attack on American pharma companies

Watch the video to know the latest update.

28 Feb 2017

Pharma major Lupin gets USFDA nod to market colonoscopy drugs, pain relief

The approved product is indicated for relief of moderate to moderately severe pain. Percocet tablets had US sales of USD 838.7 million.

10 Sep 2015

Sun Pharma looking to divest Ireland plant

"Decisions are being made to either close or divest some of our manufacturing facilities," a Sun Pharma spokesman said in an emailed statement.

drug inspection

05 Aug 2015

FDA hikes fee for drug approvals, cuts unit inspection charge

However, the fees for facility inspection of foreign companies have been reduced, which may encourage more firms to opt for audit of their facilities by the regulator.

Aurobindo Pharma

01 Jul 2015

Aurobindo Pharma CEO Arvind Vasudeva resigns

Recently, the drug firm had said that it intends to invest up to Rs 900 crore this fiscal on various activities including capacity expansion, clinical trials and product filings.

08 Apr 2015

Glenmark to pay $24.96 mn to US to settle pricing probe

In a regulatory filing with the National Stock Exchange, the company said that under the terms of the agreed settlement, "there is no admission of liability".

06 Apr 2015

Mankind Pharma setting up Rs 100 cr facility in Rajasthan

Mankind Pharma is investing around Rs 100 crore to set up an active pharmaceutical ingredients (API) facility in Rajasthan, which is expected to go on stream by the end of the year.

16 Mar 2015

Lupin to acquire additional 40% stake in SA's Pharma Dynamics

Lupin had earlier acquired 60 per cent stake in the South African (SA) firm in September, 2008.

03 Mar 2015

Ranbaxy loses approvals, exclusivity of 2 drugs in US

The DC Federal Court in the US has upheld the decision of the USFDA for rescinding tentative approvals given to it for generic digestive disorder drug Nexium and antiviral Valcyte.

03 Mar 2015

Sun Pharma to buy GSK's opiates business in Australia

The business includes two manufacturing sites in Tasmania and Victoria, and consists of poppy-derived opiate raw materials mainly used to make analgesics for pain treatment.

23 Feb 2015

Lupin gets USFDA nod for ophthalmic solution

The company said it has received the final approval for its product, a generic version of Allergan Inc's Lumigan Ophthalmic Solution, from the US Food and Drug Administration (USFDA).

15 Feb 2015

Glenmark bullish on drug discovery pipeline, eyes partnerships

Pain, inflammation and oncology are the therapeutic areas currently the drug maker is working on, said Glenn Saldanha, Chairman & Managing Director, Glenmark Pharmaceuticals Ltd.

09 Feb 2015

Cipla forms JV in Morocco to enhance position in African market

Cipla (EU) Ltd, UK, a wholly-owned subsidiary of Mumbai-based drug firm, has inked the JV agreement with the Moroccan entities.

28 Jan 2015

Ranbaxy Q3 net loss widens to Rs 1,029.72 cr

The company had posted a net loss of Rs 158.94 crore during the October-December period of previous fiscal.

04 Dec 2014

German ban on Ranbaxy's Dewas product expands to entire EU

The company said it has discontinued manufacturing of an injectable antibiotic at its Dewas plant.

29 Oct 2014

Sanofi sacks CEO over management row, shares plunge

French drugmaker Sanofi fired its chief executive on Wednesday after a row over his management style, sending the pharmaceutical giant`s shares sharply lower.

29 Sep 2014

Benefit of Ranbaxy deal to accrue in few years: Sun Pharma

It will take a "few years" for Sun Pharma to realise the benefits of its USD 4 billion takeover of Ranbaxy, said the company's Chairman Israel Makov.

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