Cadila, Torrent Pharma, GSK in race for top-selling multivitamin brand

Cadila, Torrent Pharma, GSK in race for top-selling multivitamin brand

Leading pharma players Cadila Healthcare, Torrent Pharma & GSK Pharma are in a three-way race to acquire top-selling zinc-based multi-vitamin brand owned by Chennai based Apex Labs. Zincovit, India’s largest-selling zinc based multi-vitamin and Zincofer, also a zinc based multi vitamin are two brands that have been put on the block by Apex Labs. All […]

Pharma Expo 2016 at Pragati Maidan

Pharma Expo 2016 at Pragati Maidan

Key pharmaceutical manufacturing companies including ayurvedic and herbal product makers would participate in the ‘Indian Pharma Expo 2016’ at Pragati Maidan. The three-day fair will provide an opportunity to the companies to display their products and services to both domestic and global visitors. In its 5th edition, companies from all over India are expected to […]

Pharma Devices makers meet PM to improve business

Pharma Devices makers meet PM to improve business

The government will come out with a Bill to regulate medical devices such as CT scanners, X-rays and stents to govern their standards and manufacture and spread the make in India campaign in the sector. This is expected to boost the production of such devices in the country. The decision was taken after representatives of […]

Dr Reddy’s, Cipla, Aurobindo to buy products from Teva

Dr Reddy’s, Cipla, Aurobindo to buy products from Teva

Dr Reddy’s laboratories, Cipla and Aurobindo Pharma are among 11 firms that may acquire 79 existing and future drugs from Teva Pharmaceuticals as part of the condition set by the US Federal Trade Commission for $40.5 billion Teva-Allegran deal. According to a statement issued by US FTC, Teva has agreed to sell the rights and […]

Ajanta Pharma gets USFDA Nod for Generic Acid Reflux Drug

Ajanta Pharma gets USFDA Nod for Generic Acid Reflux Drug

US health regulator has given nod for Ajanta Pharma for generic Omeprazole and sodium bicarbonate powder for oral suspension used for treatment of stomach and esophagus problems such as ulcers and acid reflux. The company has received approval from the United States Food and Drug Administration (USFDA) for the same and will soon be launching […]

Sun Pharma recalls 16,000 bottles of Antidepressant Tablets in USA

Sun Pharma recalls 16,000 bottles of Antidepressant Tablets in USA

Drug major Sun Pharmaceutical Industries is recalling over 16,000 bottles of anti-depressant tablets from the US market due to failed dissolution specifications. Sun Pharmaceutical Industries INC, the company’s US subsidiary, is recalling 16,085 bottles of BuPROPion hydrochloride extended release tablets in the strength of 150 mg in an ongoing voluntary nationwide recall, the latest enforcement […]

Abbott looking for buyer to sell low-end brands

Abbott looking for buyer to sell low-end brands

Abbott, the second largest drug maker in India, is hunting for a buyer to sell its tail-end brands, a move that highlights the consolidation woes of large acquisitions in India, according to two people familiar with the development. Abbott acquired the generic business of Piramal Healthcare in 2010 for $3.72 billion and has been looking […]

Dr Reddy’s launches generic acid reflux drug in USA

Dr Reddy’s launches generic acid reflux drug in USA

Pharma giant Dr Reddy’s Laboratories have launched generic Omeprazole and Sodium bicarbonate capsules, used for treatment of acid reflux and ulcers, in the US market after receiving approval from the United States Food and Drug Administration (USFDA). Dr Reddy’s Laboratories in a filing to the BSE has pointed that the company has launched the capsules […]

Government Plans New Drugs & Cosmetics Bill

Government Plans New Drugs & Cosmetics Bill

To regulate the newer areas like biological drugs, stem cells research, regenerative medicines, medical devices and clinical investigation, the government has initiated drafting a new Drugs and Cosmetics Bill with the intention to withdraw Drugs and Cosmetics (Amendment) Bill 2013, introduced in Rajya Sabha on August 2013. The Drug and Cosmetics Act, 1940, however provided […]

Government Maps Region Specific Export Potential, Identifies Pharma & Auto-component

Government Maps Region Specific Export Potential, Identifies Pharma & Auto-component

To achieve larger export share on globe, Government of India has started mapping region & sector specific export potential and has identified pharmaceutical sector to be potential for Europe and auto components in South America. According to the officials, the exports need to be strategized so as to capture the larger share in global exports […]