Alembic Pharma gets USFDA tentative nod for Palbociclib Capsules
It is indicated for breast cancer treatment
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Healthcare industry reports 86 deals worth $25.5 billion in Oct 2020
Three major deals contributes 72 per cent of total deal value
Biocon Biologics gets Rs 1, 125 cr capital injection from Goldman Sachs
Goldman Sachs will be issued Optionally Convertible Debentures at a post money equity valuation of $3.94 billion
Thermo Fisher Scientific, Innoforce to set up biologics and steriles drug manufacturing facility in…
The new facility is expected to be completed in 2022
Jubilant Pharma and Aavis Pharma launch Hydroxychloroquine Sulfate tablets in US
The product will be distributed by Jubilant Cadista, a unit of Jubilant Pharma
SCHOTT KAISHA expands vial production capacity for COVID-19 vaccine Rs 105 cr investment
The fresh investment will increase vial production by 300 million pieces within 12 months
COVID-19 is driving more supplier redundancy
The COVID-19 halo effect is driving extra funding to many small pharma companies, especially those in the infectious disease space
Corona Remedies to invest Rs 20-25 cr for hormone facility
The company plans to launch two NCEs in hormonal range before March 2021
Lasa gets environmental clearance for benzimidazole derivatives capacity expansion at Khed facility
Lasa’s total volumetric capacity to increase by ~60 per cent to 6,800 TPA
Romaco Kilian appoints Stefan Krömer as new MD alongside Jens Carstens
Krömer’s area of responsibility will include Finance, Human Resources, Technical Purchasing and Quality departments as well as…
ACG acquires significant stake in IQGEN-X
The investment is aimed at augmenting R&D and IP in drug development
Long HCC pipeline marks change for previously stagnant market
Many new therapies entering the market have different mechanisms of action (MOA) and are aiming to meet needs in different…
CEPI extends partnership with Clover Biopharma to fund COVID-19 vaccine candidate
CEPI to fund the development of Clover’s protein-based S-Trimer vaccine candidate through to licensure, including a global pivotal…
Reducing API dependence: Have we got the strategy right?
Reji K Joseph, Associate Professor, Institute for Studies in Industrial Development, New Delhi explains that the PLI scheme has…
Thermo King by Trane Technologies launches cold storage solutions for COVID-19 vaccine supply
The company assures that it can offer temporary storage solutions that maintain a set point down to -70 degrees Celsius, and can…
Himachal Pradesh invites industry to sign MoU to set up units in proposed bulk drug park at Una
The State has identified 1,400 acres of land in Una for the bulk drug park and is promising competitive prices for land, power,…
Aarti Drugs to expand metformin capacity to 3000 TPM
The company will start the Phase I expansion project to 2000 TPM in FY20-21
Zydus Cadila gets tentative US FDA approval for Dapagliflozin Tablets
Dapagliflozin is a sodium-glucose cotransporter 2 (SGLT2) inhibitor indicated to improve glycemic control in adults with type 2…
Zydus Cadila receives tentative USFDA approval for Linagliptin Tablets
Linagliptin is a dipeptidyl peptidase-4 (DPP-4) inhibitor to improve glycemic control in adults with Type 2 diabetes mellitus
Piramal Pharma to acquire Navin Fluorine’s stake in Convergence Chemicals at Rs 65.10 cr
This deal will increase Piramal Pharma’s stake to 100 per cent in Convergence Chemicals