Lupin gets USFDA nod for hypertension treatment drug in US supriya kashyap kashyap27 Dec 2016 11:32 AM ISTNew Delhi : Drug major Lupin has received tentative approval from the US health regulator to sell Olmesartan medoximil tablets, used for treating high...
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...
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...
Prices of 50 essential drugs slashed by up to 44 percent supriya kashyap kashyap25 Dec 2016 11:07 AM ISTNew Delhi : Prices of over 50 essential drugs including those used for treatment of HIV infection, diabetes, anxiety disorders, bacterial infections,...
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...
Indian pharma eyes pride of place, regulation Achilles heel supriya kashyap kashyap24 Dec 2016 9:21 AM ISTNew Delhi : India is on track to cement its position next year as a source of safe, effective and quality medicines at affordable prices, but a...