ICRA upgrades long term rating on Patanjali Ayurved supriya kashyap kashyap21 Jan 2017 12:30 PM ISTNew Delhi : Credit rating agency ICRA has upgraded long term rating on Baba Ramdev-led Patanjali Ayurved Ltd (PAL) to enhanced degree of adequate...
Pharma industry grows 29 percent to Rs 2.04 lakh crore in 2015-16 supriya kashyap kashyap21 Jan 2017 12:11 PM ISTNew Delhi : Indian pharmaceutical industry grew by 29 per cent to Rs 2,04,627 crore in 2015-16 from Rs 1,77,734 crore in 2014-15, while it attracted...
Mallinckrodt to pay $100 million to settle US probe on drug pricing supriya kashyap kashyap21 Jan 2017 12:10 PM ISTWashington : Mallinckrodt Plc has agreed to pay $100 million to settle allegations that a subsidiary broke U.S. antitrust law by sharply increasing...
Zydus Cadila acquires US-based Sentynl Therapeutics supriya kashyap kashyap21 Jan 2017 11:19 AM ISTNew Delhi : Zydus Cadila said it has acquired Sentynl Therapeutics, a US-based pharma company specialised in marketing of products in the pain...
FDA approves a generic of Xyrem to treat Cataplexy and excessive daytime sleepiness supriya kashyap kashyap20 Jan 2017 12:09 PM ISTThe U.S. Food and Drug Administration (FDA) has approved the first generic version of Xyrem (sodium oxybate) Oral Solution, to treat cataplexy and...
Zydus Cadila gets USFDA nod for chemotherapy drug supriya kashyap kashyap20 Jan 2017 12:08 PM ISTNew Delhi : Drug firm Zydus Cadila said it has received approval from the US health regulator to market methotrexate tablets, a chemotherapy drug, in...
McKesson in record $150 million US settlement over suspicious drug orders supriya kashyap kashyap20 Jan 2017 11:22 AM ISTMcKesson Corp, one of the largest U.S. distributors of pharmaceutical drugs, will pay a record $150 million to resolve a U.S. investigation into...
FIPB clears 6 FDI proposals worth Rs 1,187 crore supriya kashyap kashyap20 Jan 2017 9:11 AM ISTNew Delhi : Inter-ministerial body FIPB approved six investment proposals, including that of Sanofi Synthelabo India, Star Den Media Services and Idea...
Panacea inks pact with UNICEF, gets USFDA nod for migraine drug supriya kashyap kashyap19 Jan 2017 11:40 AM ISTNew Delhi : Drug firm Panacea Biotec said it has inked a pact with UNICEF for supply of Pentavalent Vaccine (Easyfive-TT) in the current year.The...
Cipla arm to sell stake in Four M Propack to Shriji Polymers supriya kashyap kashyap19 Jan 2017 11:39 AM ISTNew Delhi : Drug major Cipla said its subsidiary Golden cross Pharma has entered into a pact to sell its entire stake in Four M Propack to Shriji...
Healthcare tech VC funding in crosses $5bn: Mercom supriya kashyap kashyap19 Jan 2017 11:38 AM ISTNew Delhi : Venture capital (VC) funding, including private equity as well as corporate, rose to USD 5.1 billion in the healthcare IT sector last...
FDA approves generic version of Jazz Pharma sleep disorder drug supriya kashyap kashyap18 Jan 2017 12:24 PM ISTThe U.S. Food and Drug Administration said it had approved the first generic version of Xyrem, Jazz Pharmaceuticals Plc's drug to treat patients with...
