Biocon posts Rs 306 cr net profit in Q2FY16
Revenues were reported at Rs 861 crores
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Quintiles names Kevin Gordon as COO, appoints Mike McDonnell as CFO
McDonnell joins Quintiles from Intelsat, where he has served as CFO since 2008
Quintiles announced that Kevin Gordon, currently…
Cipla’s Indore plant under US FDA scanner
As many as nine issues have been raised by the regulator under 'Form 483' regarding manufacturing practices in the plant
Cipla's…
UP government to focus on promoting pharma sector
The UP government had already announced sector-specific policies for industries
Riding on improved industrial environment in the…
Kilitch Drugs India forms JV in Ethiopia with local partner
To set up a manufacturing plant in Africa
Pharma firm Kilitch Drugs India has formed a joint venture in Ethiopia with a local…
Recipharm to acquire majority stake in Nitin Lifesciences
The former will acquire 74 per cent of the shares for an estimated purchase consideration of Rs 6,712 million on a cash and debt…
Jubilant Life Sciences gets US FDA nod
The drug is indicated for the acute treatment of migraine in adults and paediatric patients
Jubilant Life Sciences has received…
67th IPC to be held in Mysuru
More than 10,000 delegates from across the country and abroad are expected to participate in the three-day conference from…
Clinical trial shows superiority of one drug eluting stent over another in patients with diabetes
Prof Dr Upendra Kaul, presents data as a 'late breaking research' at the gathering of interventional cardiologists at TCT…
CCI extends deadline for bids to conduct pharma study
The anti-trust regulator wants to understand whether there are unfair practices in the sector as part of larger efforts to clamp…
Private players in e-pharmacy space form association
Indian Internet Pharmacy Association wants to make sure that its members adhere to the rules governing pharmacies and the…
US FDA bans import from Megafine Pharma’s Maharashtra facility
The import alert on the drugs made at the facility entails 'detention without physical examination of drugs from firms which have…
Around 3,000 Jan Aushadhi stores to be opened in two years
Bureau of Pharma PSUs of India inks MoU with CISSIL, to open 100 stores across Kerala by November this year
Under the Centre's…
Mankind Pharma invests Rs 150 cr in Paonta Sahib plant
Plans to roll out 35 products by 2016
Mankind Pharma has invested Rs 150 crore in its plant at Paonta Sahib and expects to roll…
Aurobindo Pharma receives US FDA Approval for Alzheimer’s drug
The approved product has an estimated market size of $1.23 billion according to IMS
Aurobindo Pharma has received the final…
Global sterile sales grow at 10 per cent annually for next five years: Piramal
Rapid growth in injectables driven by pharm de-risking and biological pipeline, outlined in CPhI annual report
Piramal…
Stempeutics to launch stem cell device in India by mid 2016
The device will be used for later treatment of osteoarthritis and diabetic foot ulcer to even breast augmentation surgery…
NGPDT Global launches photodynamic cancer therapy in India
The treatment will soon be available for the Indian patients
Kenya launches ‘Novartis Access’
Agreements signed with Kenyan government and NGOs include programmes to distribute medicines, raise disease awareness and…
Merck re-launches brand identity
The investment in the Merck brand is part of the 'Fit for 2018' strategic transformation and growth programme
Merck announced the…