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Mumbai , Aug 22 : Pharma major Lupin Ltd said on Thursday that it has entered into a definitive agreement for the sale of its Japanese injectables business and related assets to Neo Ala Co Ltd, a wholly-owned subsidiary of Neopharma Group which is the UAE's largest pharmaceutical manufacturer headquartered in Abu Dhabi.

Bengaluru , Aug 22 : Biopharmaceutical major Biocon said on Thursday said its insulin facility in Malaysia has been approved by the European Medicines Agency.

Mumbai , Aug 17 : Sun Pharma has entered into an exclusive licencing agreement with China Medical System Holdings (CMSH) to develop and commercialise seven generic products in Mainland China.

Bengaluru, Aug 8 : Genetic diagnostic and drug discovery research firm MedGeneome Labs on Thursday claimed to have developed the first whole genomic sequencing-based test to detect early drug-resistant mutation in tuberculosis (TB) bacteria.

Mumbai , July 22 : GlaxoSmithKline (GSK) Pharmaceuticals on Monday announced 35 per cent jump in its net profit to Rs 113.5 crore during the first quarter of current fiscal from Rs 88.6 crore in the corresponding quarter ended June 30 last year.

Mumbai , July 15 : Pharma company Indoco Remedies said on Monday it has received a warning letter from the United States Food and Drug Administration (USFDA) for its oral dosages plant in Goa as a result of the inspection carried out in January.

Mumbai , July 11 : Fitch Ratings on Thursday affirmed Glenmark Pharmaceuticals Ltd's long-term issuer default rating at 'BB' with a stable outlook.

Hyderabad, July 5 : Pharma major Dr Reddy's Laboratories Ltd on Friday said that the Union Budget 2019-20 has nothing to fuel growth in the healthcare and pharma sectors.

New Delhi, June 26 : Pharma major GSK Pharmaceuticals and government's Regional Centre for Biotechnology (RCB) on Wednesday launched a joint initiative -- Trust in Science Programme -- to develop doctoral programs in the fields of biostatistics and bioinformatics.

New Delhi, June 25 : US-based biopharma major AbbVie will acquire Ireland-based pharmaceutical major Allergan in a cash and stock transaction for a value of approximately USD 63 billion.

Lucknow, June 13 : Uttar Pradesh may soon get a new drug to fight the multi-drug resistant (MDR) tuberculosis (TB).

Pune June 11 : Mumbai based Centaur Pharmaceuticals' finished dosage facility in Pune was audited by the USFDA in May 2019 and the audit was concluded with NIL 483 observations.

United Nations, June 4 : Taking a lead in the global fight against AIDS, India is supplying the world with two-thirds of the drugs to treat those infected with HIV, according to Indian diplomat Paulomi Tripathi.

Washington D.C. , May 27 : Israel-based Teva Pharmaceuticals on Sunday agreed to pay USD 85 million to settle a lawsuit brought by the Oklahoma state over allegations that the company contributed to the state's opioid crisis.

Bengaluru , May 25 : Leading healthcare service provider Narayana Hrudayalaya has said its consolidated total operating income stood at Rs 2,861 crore during 2018-19, up 25 per cent as compared to Rs 2,281 crore in the corresponding period of previous year.

Mumbai May 22 : West Pharmaceutical Services, Inc., a global leader in innovative solutions for injectable drug administration, is pleased to announce that the NovaGuard SA Pro safety system - a single-use accessory for prefilled ISO standard 1mL long Staked-needle syringes - has won the India Packaging Awards for Excellence in Enhanced User Experience and Excellence in Packaging Design - Shapes and Structures.

The Indian pharmaceutical industry has become almost synonymous with the US regulatory authorities.

Mumbai, May 14 : Aurobindo Pharma on Tuesday informed stock exchanges that the company, as well as other firms in the US generic drug industry, are facing a second lawsuit for violation of antitrust laws.

Bengaluru, May 8 : Biotech major Biocon drug Hulio's commercialisation rights have been extended to global markets from Europe, said the biotech major on Wednesday.

New York, May 3 : Using advanced Machine Learning (ML) techniques on nearly 1.5 million Reddit posts, researchers, including one of Indian origin, have identifed risks associated with self-treatment for opioid addiction.

Mumbai April 25 : SERDIA Pharmaceuticals (INDIA) Pvt Ltd, a leader in cardiology, conducted a nation-wide campaign to raise awareness on angina. The campaign urged people to not ignore symptoms of angina-like clutching pain, heaviness or tightness in chest, pain in neck/shoulder, fatigue, backache and breathlessness and to consult a doctor at an early stage. The field force also reached out to thousands of doctors through their in-clinics awareness drive.

New Delhi , Apr 25 : Pharmaceuticals major Ipca Laboratories has entered into a pact to buy Maharashtra-based Ramdev Chemical for Rs 108.5 crore.

Mumbai, Apr 17 : Pharmaceutical major Cipla Ltd is acquiring 30 per cent stake in South African company Brandmed to increase its exposure to the connected healthcare segment.

Hyderabad , Apr 13 : Suven Life Sciences reported on Saturday getting the US Bankruptcy Court approval of stalking horse agreement to buy assets of Aceto Corporation's Rising Pharmaceuticals through its joint venture partner Shore Suven Pharma Inc.

Hyderabad, Mar 8: Pharmaceutical manufacturing company Granules India said on Friday that its promoters sold 50 lakh shares to a group of reputed investors in a block deal on the stock exchanges to mobilise about Rs 50 crore.

Mumbai, March 1 : Pharmaceutical and biotechnology major Wockhardt on Friday received an approval from the US Food and Drug Administration (USFDA) for its generic drug to treat prostate cancer, that is being manufactured in India.

New Delhi, Feb 22 : The Delhi High Court on Friday set aside a Central government notification restricting manufacture, sale and distribution of an anti-diabetic medicine by pharmaceutical company Lupin Ltd.

Hyderabad, Feb 20 : With US Supreme Court ruling in its favour, Indian pharma major Dr. Reddy's Laboratories on Wednesday announced re-launch of generic version of Suboxone, a sublingual film for opioid addition treatment, in the US market.

Hyderabad, Feb 15 : Indian vaccine manufacturer Bharath Biotech will ship two lakh doses of its typhoid vaccine to Pakistan, which is grappling with the outbreak of severe drug-resistant version of the disease.

Hyderabad, Feb 15 : Bharat Biotech on Friday announced that it has signed an agreement with GlaxoSmithKline Asia to acquire Chiron Behring Vaccines, which would make it the largest manufacturer of rabies vaccine in the world.

Chennai, Feb 13 : City-based Dr Agarwal's Healthcare Ltd on Wednesday said it has raised Rs 270 crore from Singapore-based global investment company Temasek for expanding its network.

Hyderabad, Feb 1 : Pharma major Dr Reddy's on Friday reported a rise of 45 per cent in its consolidated net profit for the third quarter of 2018-19, at Rs 485 crore from Rs 334 crore during the corresponding period of the previous fiscal.

Hyderabad, Jan 24 : Pharma major Dr. Reddy's Laboratories Ltd on Thursday announced the launch of Propofol Injectable Emulsion, USP, in the US market.

Mumbai, Jan 21 : Pharmaceutical major Sun Pharma's stock gained 4 per cent to touch a high of Rs 406.35 on Monday after it ended Friday's trade lower at more than 8 per cent.

Mumbai, Jan 18 : The stock of pharmaceutical major Sun Pharma ended up as the top loser on the BSE Sensex on Friday following reports of a complaint by a whistleblower to the Securities and Exchange Board of India (Sebi) against the company.

Mumbai, Jan 18 : The stock of pharmaceutical major Sun Pharma ended up as the top loser on the BSE Sensex on Friday following reports of a complaint by a whistleblower to the Securities and Exchange Board of India (Sebi) against the company, raising issues of corporate governance.

Chennai, Dec 21 : Indian pharmaceutical major Torrent Pharmaceuticals Ltd is voluntarily recalling two lots of Losartan potassium tablets -- used to treat hypertension -- in the US market due to detection of traces of unexpected impurity, the US Food and Drug Administration (USFDA) said.

New Delhi, Dec 11 : The upcoming "Indian Pharmaceutical Congress 2018" would discuss various aspects of the industry including the impact of e-pharmacy players on brick and mortar pharmacies.

New Delhi, Sep 28 : The All India Organisation of Chemists and Druggists (AIOCD), which led the day-long strike of chemists across the country against the online sale of medicines, said they would go on an indefinite strike if their demands are not met.

New Delhi , Sep 28 : PATH welcomes the World Health Organization's (WHO's) prequalification of the thermostable rotavirus vaccine, ROTASIIL, manufactured by Serum Institute of India.

New Delhi, Sep 25 : e-pharmacy players on Tuesday said they support the government's draft e-Pharmacy policy but look forward to more clarity on the data privacy and data management.

New Delhi , Sep 14 : The Ministry of Health and Family Welfare has banned the manufacture for sale, sale or distribution for human use of 328 Fixed Dose Combinations (FDCs).

Washington DC, Sep 15 : A recent study has highlighted that the use of probiotics is directly linked to the reduced need for antibiotic treatment in infants and children.

New Delhi, Sep 13 : The Centre's decision on Wednesday to ban the manufacture, sale and distribution of 328 Fixed Dose Combination (FDC) drugs has brought around 6,000 prominent medicines under the radar, including some very commonly used ones.

Bengaluru, Aug 22 : The US Food and Drug Administration (FDA) has approved the application of pharma major Strides' arm to market two generic drugs for therapy in North America, said the company on Wednesday.

Mumbai, Aug 8 : Pharma major Cipla on Wednesday reported an increase of 4.86 per cent in its consolidated net profit during the first quarter (Q1) of 2018-19.

Mumbai, Aug 8 : Pharma major Lupin Limited on Wednesday reported a 43.4 per cent fall in its consolidated net profit at Rs 202.8 crore for the quarter ended June 30.

New Delhi, July 13 : Noting that India is now recognized globally as a key player in the generic medicine industry, Commerce Minister Suresh Prabhu on Friday asked pharmaceutical companies to invest in research and development (R and D) for further growth of the sector.

New Delhi, July 12 : Expanding its footprint in India, US-based molecular diagnostics company Cepheid Inc on Thursday announced its plans to establish a manufacturing unit in the country to improve Tuberculosis (TB) diagnostics.

Hyderabad, June 30 : European pharma major Ferring Pharmaceuticals on Saturday launched the work on its research and development laboratory and manufacturing facility at Genome Valley here.

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