Sun Pharma arm picks up 14.6 percent stake in US company for 13 mn dollars supriya kashyap kashyap27 Dec 2016 11:32 AM IST New Delhi : Sun Pharma said its subsidiary has invested $13 million (about Rs 88 crore) in the US-based scPharmaceuticals Inc."One of the...
Cardinal settles with US over painkiller shipments to pharmacies supriya kashyap kashyap26 Dec 2016 12:09 PM ISTNew York : A drug distributor owned by Cardinal Health Inc has agreed to pay $10 million to resolve claims it failed to alert the U.S. Drug...
Beijing buyers club - Chinas cancer patients gamble on gray market supriya kashyap kashyap26 Dec 2016 12:09 PM ISTWhen her father's lung cancer worsened, Yin Min, a 51-year-old financial broker from Shanghai, faced a choice: pay nearly $3,000 a month for an...
Assam rolls out ambitious health insurance scheme supriya kashyap kashyap26 Dec 2016 12:09 PM ISTGuwahati : Assam government rolled out an ambitious health insurance scheme 'Atal-Amrit Abhiyan', enabling poor people to receive a cover of Rs 2 lakh...
Investors see Biogen CEO choice as friendly to potential takeover supriya kashyap kashyap26 Dec 2016 12:08 PM ISTThe surprise selection of Michel Vounatsos to run Biogen Inc signals a shift toward a more commercial management focus after years of targeting...
Antibiotics sales for use in US farm animals rose in 2015: FDA supriya kashyap kashyap26 Dec 2016 9:04 AM ISTU.S. sales and distribution of antibiotics approved for use in food-producing animals increased 1 percent from 2014 to 2015, the U.S. Food and Drug...
FDA approves Biogen drug for lead genetic cause of infant death supriya kashyap kashyap25 Dec 2016 11:05 AM ISTThe U.S. Food and Drug Administration said it has approved Biogen Inc's drug to treat spinal muscular atrophy, the leading genetic cause of death in...
Colombia cuts price of Novartis cancer drug by 44 percent supriya kashyap kashyap25 Dec 2016 11:05 AM ISTColombia's government has lowered the price of Novartis cancer drug imatinib by nearly half in a bid to cut healthcare costs after failed price...
USFDA subjects SPARC Xelpros nod to satisfactory resolution supriya kashyap kashyap25 Dec 2016 9:53 AM ISTNew Delhi : Sun Pharma Advanced Research Company (SPARC) said the US health regulator has not approved its new drug application for Xelpros, a...
Teva to pay 519 M dollars to settle bribery allegations supriya kashyap kashyap25 Dec 2016 9:49 AM ISTIsrael's Teva Pharmaceutical said on Thursday it had agreed to pay $519 million to settle charges it violated the US Foreign Corrupt Practices Act...
Roches emicizumab haemophilia drug succeeds in trial supriya kashyap kashyap24 Dec 2016 3:06 PM ISTRoche Holding AG's emicizumab drug for treating haemophilia A showed it worked in a phase III study, the Swiss drugmaker said.Roche is hoping to win a...
Sun Pharma to acquire oncology product from Novartis for $175 million supriya kashyap kashyap24 Dec 2016 9:42 AM ISTNew Delhi : Drug major Sun Pharmaceutical Industries said it it will acquire a branded oncology product, Odomzo, from Novartis for an upfront payment...