India Pharmaceutical News

Boston Scientific's India tour showcases latest medical devices
New Delhi, Dec 5 : Global medical devices company Boston Scientific's 'Navigation Express' -- a mobile van showcasing ground-breaking medical innovations -- on Monday completed a tour of 130 hospitals in 52 cities in India to demonstrate the latest medical technologies to nearly 2,690 medical professionals. Read Full Story

US FDA approves diabetes drug Jardiance to reduce heart problems
New York, Dec 3 : Jardiance, a prescription medicine used along with diet and exercise to lower blood sugar, can now be prescribed to reduce the risk of cardiovascular death in adult patients with Type-2 diabetes and cardiovascular disease, the US Food and Drug Administration (FDA) has ruled. Read Full Story

Sanofi launches six-in-one pediatric vaccine in India
Mumbai, Nov 24 : Sanofi Pasteur, the vaccines division of French pharmaceutical company Sanofi, launched on Thursday its ready-to-use fully liquid six-in-one vaccine designed to protect infants against six diseases, including polio. Read Full Story

$60 million deal: Sun Pharma to acquire Russian company
Chennai, Nov 23 : Drug major Sun Pharmaceutical Industries Ltd on Wednesday said it has entered into an agreement to acquire Russian pharma company JSC Biosintez for $24 million. Read Full Story

Max Healthcare adopts IBM Mobility Services
New Delhi, Nov 22 : Max Healthcare has selected IBMs Mobile Client Care solution to transform and personalise their IT infrastructure into an intelligent, scalable and secure environment. Read Full Story

Pricing pressure on Indian drug companies to continue: Fitch Ratings
Chennai, Nov 15 : Indian pharmaceutical industry will face pricing pressure in the US and domestic markets for some more time to come and the players have to focus their research and development (R and amp;D) on speciality/complex drugs, said global credit rating agency Fitch Ratings. Read Full Story

My Home Group to foray into pharma, bulk drugs
Hyderabad, Nov 7 : My Home Group, a diversified business conglomerate, plans to foray into pharma and bulk drugs. Read Full Story

2,000 medicines to become cheaper: Nadda
Jabalpur, Nov 6 : Union Health Minister J.P. Nadda has said nearly 2,000 medicines will be made available at rates up to 90 per cent less than the maximum retail price (MRP) under the Amrut Scheme. Read Full Story

Goa pharmacies to join strike against online drug delivery
Panaji, Nov 4 : Calling Internet-based medicine and drug delivery portals as potential hubs for purchase of scheduled drugs and habit-forming pharmaceutical products, the Chemists and Druggists Association of Goa, will join an all-India strike of pharmacies. Read Full Story

Chemists plan nationwide strike on November 23
Mumbai, Nov 2 : The All India Organisation of Chemists and amp; Druggists (AIOCD) on Wednesday announced a nationwide strike on November 23 to protest action against what it termed 'illegal' online sales of medicines. Read Full Story

GlaxoSmithKline net profit up 3.4% in Q2
Mumbai, Oct 27 : Pharmaceuticals major GlaxoSmithKline on Thursday reported a 3.4 percent rise in its net profit to Rs 98.85 crore in the quarter ended September 30, as compared to Rs 95.55 crore in the corresponding period last year. Read Full Story

Pharmacovigilance meet sounds alarm over drug misuse
Agra, Oct 19 : The three-day international convention of International Society of Pharmacovigilance (ISOP), which ended here on Wednesday, has painted an alarming scenario of drug misuse and its generally ignored side-effects on patients. Read Full Story

Truuth launches its range of all dietary supplements in India
New Delhi , Sept. 28 : 2016: The first offline-online fast moving health goods (FMHG) brand, Truuth launches its dietary supplements in India. Read Full Story

Truuth, range of all dietary supplements launch in India
New Delhi , Sept. 28 : 2016: The first offline-online fast moving health goods (FMHG) brand, Truuth launches its dietary supplements in India. Read Full Story

India making a mark in pharmaceutical industry, says Nadda
Guwahati (Assam) , Sept. 28 : Union Health Minister J P Nadda on Wednesday said that India has made a mark in the pharmaceutical industry. Read Full Story

Dr Reddy's launches generic Paricalcitol injection in US
New Delhi , Sep 20 : Drug firm Dr Reddy's Laboratories announced the launch of generic Paricalcitol injection in the US for treatment associated with chronic kidney disease. Read Full Story

Sun Pharma signs distribution agreement with Mitsubishi Tanabe
Chennai, Sep 6 : Indian drug major Sun Pharmaceutical Industries Ltd on Tuesday said it has signed a strategic distribution agreement with Mitsubishi Tanabe Pharma Corporation. Read Full Story

Cipla gets US regulatory nod for new drug
Mumbai, Sep 2 : Global drug major Cipla Ltd announced on Friday that it had received approval of the United States Food and Drug Administration (USFDA) for its new drug Darifenacin tablets for treating bladder symptoms. Read Full Story

Fresenius Medical Care acquires dialysis service provider Sandor Nephro Services in India
New Delhi , Sep 2 : World's largest dialysis products and services provider Fresenius Medical Care announced its acquisition of 85 percent of equity interest in Indian dialysis group Sandor Nephro Services from a group of investors. Read Full Story

Online pharmacy Netmeds to expand network
Chennai, Aug 30 : Online pharmacy Netmeds Marketplace Ltd will set up product stocking and packing hubs in eight cities to cater to increased demand and cut short delivery time, CEO and Founder Pradeep Dadha said. Read Full Story

Pursuing case for independent ministry for pharmaceuticals: Ananth Kumar
New Delhi, Aug 29 : Chemicals and amp; Fertilisers Minister H.N. Ananth Kumar on Monday said he is pursuing the case for making an independent ministry for pharmaceuticals so that all decisions regarding the industry could be taken under a single roof. Read Full Story

India to be among top 5 pharma innovation hubs by 2020: Study
New Delhi, Aug 29 : To push India into top five pharmaceutical innovation hubs by 2020, the government is preparing for multi-billion dollar investment with 50 per cent public funding through its Public Private Partnership (PPP) model to enhance innovation capability, reveals a study. Read Full Story

Medikoe appoints senior cardiothoracic surgeon Rehan Sayeed as advisor
New Delhi , Aug 27 : First online medical platform to provide access, affordable, awareness and emergency care in a single platform focussing on 360-degree healthcare and wellness services Medikoe has announced appointment of senior cardiothoracic surgeon and chairman of Motherhood Hospitals Dr. RehanSayeed as its advisor. Read Full Story

Strides Shasun gets USFDA tentative nod for Ranitidine tablets
New Delhi, Aug 24 : Strides Shasun in a BSE filing today announced receiving an approval from the US health regulator for Ranitidine tablets used for treating intestinal and stomach ulcers and gastroesophageal reflux disease. Read Full Story

Lupin is India's most reputed pharma brand
Hyderabad, Aug 17 : Mumbai-based Lupin Pharmaceuticals is India's most reputed pharmaceutical brand, said a report by Bluebytes, a leading media-analytics company on Wednesday. Read Full Story

Cipla rejigs top management; Umang Vohra to take over as MD
New Delhi, Aug 13 : In a major top management rejig, Cipla has announced Samina Vaziralli as the executive vice-chairman and Umang Vohra as the Managing Director and Global CEO with effect from September 1. Read Full Story

Wockhardt posts over Rs.16 crore net profit
Chennai, Aug 13 : Pharmaceutical major Wockhardt Ltd on Saturday announced that it closed the first quarter of the current fiscal with a net profit of Rs.16.33 crore. Read Full Story

Glenmark Pharmaceuticals net profit up 23.96pc in Q1
Mumbai, Aug 12 : Glenmark Pharmaceuticals on Friday reported a 23.96 per cent rise in its consolidated net profit to Rs 226.78 crore in the quarter ended June 30, 2016 as compared to Rs 182.94 crore in the corresponding quarter of last year. Read Full Story

Cadila Healthcare net profit slips to Rs.165 crore
Chennai, Aug 3 : Cadila Healthcare Ltd on Wednesday said it closed the first quarter of the current fiscal with a net profit of Rs 165.1 crore. Read Full Story

Himalaya launches HiOwna Momz, a health drink supplement for pregnant and lactating mothers
Delhi, Aug 2 : The Himalaya Drug Company recently launched HiOwna Momz, a nutritional health drink supplement for pregnant and lactating mothers. Read Full Story

No firm allowed to hike drug prices beyond limits: Government
New Delhi, July 19 : The government has not allowed any pharmaceutical company to increase prices of drugs beyond permissible limits, parliament was told on Tuesday. Read Full Story

Sanofi India expands diabetes portfolio, launches two diabetes drugs in India
Kolkata/Mumbai, July 19 : Sanofi-Synthelabo (India) Private Limited announced the launch of two drugs for type 2 diabetes patients in India: Lyxumia (lixisenatide) and Zemiglo (gemigliptin), an official release said. Read Full Story

Glenmark to raise USD 200 mn to repay debt
Mumbai, July 18 : Glenmark Pharmaceuticals Ltd is planning to raise USD 200 million by issuing USD denominated non-convertible unsecured bonds to repay existing debt, the company said on Monday. Read Full Story

Sun Pharma gets epilepsy drug licence for US market
Chennai, July 18 : Sun Pharmaceutical group on Monday announced the licensing of ELEPSIA XR drug by Sun Pharma Advanced Research Company Ltd (SPARC) to a subsidiary of Sun Pharmaceutical Industries Ltd for the US market. Read Full Story

Fujifilm Pharma to launch diabetes product in Japan
New Delhi, July 17 : Biocon on Saturday announced that its partner Fujifilm Pharma Co would launch bio-similar product Insulin Glargine in Japan after receiving approval from the Japanese health authority earlier this year. Read Full Story

Paras Healthcare launches Delhi centre dedicated to mothers, baby
New Delhi, July 14 : Expanding its chain of mother-and-child hospitals, Paras Healthcare Group today launched its Delhi centre, Paras Bliss Hospital. Read Full Story

Shire brings new hemophilia treatment to India
New Delhi, July 12 : Hemophilia patients in India can now have more treatment options as global biotechnology major Shire on Tuesday announced that doctors in India can now prescribe ADVATE, a widely used treatment for Hemophilia A, also called Factor VIII (FVIII) deficiency in which blood does not clot normally. Read Full Story

Sun Pharma launches ready-to-administer cancer drug in Europe
Chennai, July 11 : Drug major Sun Pharmaceutical Industries Ltd on Monday announced the launch of ready-to-administer cancer drug Gemcitabine InfuSMART in Europe. Read Full Story

Claris bags US approval for anti-infections injection
Ahmedabad, July 6 : Claris Lifesciences Limited on Wednesday said it has received an Abbreviated New Drug Application (ANDA) approval in the United States for an injection used in the treatment of a host of infections. Read Full Story

India trumped China in pharma exports in 2015
New Delhi, July 5 : India maintained its supremacy over China in pharmaceutical exports last year, the union commerce ministry said on Tuesday. Read Full Story

Govt puts cap on prices of 42 essential drugs
New Delhi, June 27 : The government has decided to put a cap on prices of 42 essential medicines used in treatment of various critical and life-threatening diseases such as tuberculosis, cancer and cardiac diseases. Read Full Story

CSIR launches ayurvedic anti-diabetic drug
Bengaluru, June 27 : The Council for Scientific and Industrial Research (CSIR) on Monday launched its ayurvedic anti-diabetic drug BGR-34. Read Full Story

New code system to check spurious medicines soon: Drug Controller General
New Delhi, June 24 : Counterfeiters are lurking in the dark and there's no guarantee that the medicines sold from the drug stores across India are all genuine. A consumer cannot tell whether the pharma product wrapped in sleek packaging isn't fake. Read Full Story

Cabinet withdraws Drugs and Cosmetics (Amendment) Bill, 2013
New Delhi, June 22 : The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday decided to withdraw the Drugs and Cosmetics (Amendment) Bill, 2013, which had been introduced in the Rajya Sabha on 29.08.2013. Read Full Story

Saince Health Tech launches prescription app
Hyderabad, June 22 : Hyderabad-based Saince Health Tech on Wednesday launched an innovative mobile-based prescription app RapidR. Read Full Story

Easing FDI norm will see more M and A deals in pharma: Experts
Bengaluru, June 20 : "Further relaxation of FDI norms in the pharma sector is a good move, as it eases the process of M and A in the sector," Angel Broking vice-president for research in pharma, Sarbjit Kour Nangra told IANS. Read Full Story

Indian pharmaceutical exports to cross USD 20 billion by 2020: Study
New Delhi, June 16 : Indian pharmaceutical exports are likely to cross USD 20 billion by 2020 from USD 14 billion in 2016, by registering a compounded annual growth rate (CAGR) of eight per cent, said an Assocham- TechSci research joint study on Thursday. Read Full Story

Dr. Reddy's to acquire eight ANDAs from Teva in US
Hyderabad, June 11 : Dr. Reddy's Laboratories has entered into a definitive agreement with Teva Pharmaceutical Industries Ltd. and an affiliate of Allergan Plc to acquire a portfolio of eight Abbreviated New Drug Applications (ANDAs) in the US for USD 350 million in cash. Read Full Story

Will not just 'Make in India' but 'Innovate in India': Dilip Shanghvi
Washington D.C., June 8 : Pitching Prime Minister Narendra Modi's 'Make in India' campaign in the United States, Dilip Shanghvi, the promoter of Sun Pharmaceutical Industries, on Wednesday vowed not just to promote the campaign but will 'Innovate in India'. Read Full Story

Ceiling prices of 56 drugs, formulations revised
New Delhi, June 6 : The National Pharmaceutical Pricing Authority (NPPA) on Monday announced it has revised prices of bulk drugs and formulation to make them cheaper and affordable to the affected people. Read Full Story

Shruti Hassan unveils Mankind Pharma's 'ACNESTAR' range of products
New Delhi, June 6 : Mankind Pharma, one of the top pharmaceutical companies in India announced the debut of 'Acnestar', an anti-acne range of gel and soap suitable for mild to moderate skin types. Read Full Story

Sun Pharma group sells two factories in US
Chennai, June 4 : Drug major Sun Pharmaceutical Industries Ltd on Saturday announced divestment of its two oral sold dosage production facilities located in the US for an undisclosed sum. Read Full Story

PharmEasy refutes claims of Maharashtra drug watchdog
New Delhi, May 31 : PharmEasy, a digital platform connecting consumers with pharmacies, on Tuesday said the Maharashtra Food and Drug Administration (FDA) has misinterpreted its business model on online sales due to lack of information. Read Full Story

Sun Pharma mulls share buy-back, posts Rs.1,073 cr loss
Chennai, May 31 : Drug major Sun Pharamaceutical Industries Ltd closed last fiscal with a net loss of Rs.1,073.36 crore on a standalone basis and is mulling a buy-back of its shares. Read Full Story

Glenmark launches measurable inhaler for asthma, COPD patients
Bengaluru, May 26 : Pharmaceutical major Glenmark on Wednesday launched an inhaler for asthma and Chronic Obstructive Pulmonary Disease (COPD) patients that displays the medicine dose remaining in it. Read Full Story

Bayer announces USD 62-billion for Monsanto
New Delhi, May 23 : German drugs and chemicals group Bayer announced an offer to buy U.S. seeds company Monsanto for USD 122 per share in cash, or a total value of USD 62 billion, to create the world's biggest agricultural supplier. Read Full Story

Government approves FDI proposals of Wockhardt, Aurobindo Pharma
New Delhi, May 18 : The Foreign Investment Promotion Board (FIPB) has approved Rs.60.73 crore worth of foreign direct investment (FDI) proposals of Wockhardt, Aurobindo Pharma and Advanced Enzyme Technologies. Read Full Story

Kolkata: MedPlus celebrates a successful decade of innovation, excellence and customer satisfaction
Kolkata, May 17 : MedPlus, the leading brand in retail and online pharmacy, is celebrating its 10th anniversary this year. Read Full Story

Aurobindo Pharma receives USFDA approval for pain reliever tablets
Hyderabad, May 17 : Aurobindo Pharma Limited, manufacturer of generic pharmaceuticals and active pharmaceutical ingredients, announced on Tuesday that it has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Hydromorphone Hydrochloride Tablets USP, 2 mg, 4 mg, and 8 mg. Read Full Story

Dr Reddy's net dip by 86 percent due to Venezuela write-off
Hyderabad, May 12 : Leading drugmaker, Dr Reddy's Laboratories Ltd said on Thursday that its net profit fell 86 percent during the fourth quarter ending March, mainly due to write-off in Venezuela on account of economic crisis. Read Full Story

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