The Economic Times Healthcare and Biotech News
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Ranbaxy recalls over 4,000 cartons of acne drug in US
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Ranbaxy Laboratories has initiated a voluntary recall of 4,348 cartons of its best-selling drug Sotret (isotretinoin, 40 mg) used to treat acne in the US, as they are a part of one batch of tablets which were found to be ‘out of specification’. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 20, 2009 Category: Pharmaceuticals Source Type: news
Indian pharmaceutical market is over Rs 55,000 cr
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Indian pharmaceutical market, which has registered robust growth in last few years, was valued at over Rs 55,000 crore in the last fiscal, the Lok Sabha was informed today. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 19, 2009 Category: Pharmaceuticals Source Type: news
Sun Pharma subsi gets USFDA nod for anti-hypertension drug
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Drug firm Sun Pharmaceutical Industries on Wednesday said that its subsidiary, has received US Drug regulator approval for anti-hypertension drug. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 18, 2009 Category: Pharmaceuticals Source Type: news
Sun Pharma gets US nod for leukaemia drug
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It has secured tentative approval from the united states food and drugs administration for the generic version of gleeven (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 17, 2009 Category: Pharmaceuticals Source Type: news
Rs 10 crore sops for 8 more AIIMS
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In order to expedite the construction of eight new AIIMS-like institutes in the country, Union health minister Ghulam Nabi Azad announced incentives of up to Rs 10 crore for early completion of these projects. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 17, 2009 Category: Pharmaceuticals Source Type: news
Medicis deal, generic biz to boost financials
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Recent developments could well be a pointer to better days ahead for Glenmark Pharma which has had a relatively poor performance in the past four quarters. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 16, 2009 Category: Pharmaceuticals Source Type: news
Now, Zydus moves court against Sun
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The battle-lines have been drawn between Mumbai-based Sun Pharmaceutical and its Ahmedabad-based rival Zydus Cadila. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 16, 2009 Category: Pharmaceuticals Source Type: news
Glenmark Generics settles litigation with Medicis
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Glenmark Generics Inc, the US unit of Glenmark Generics Ltd , on Monday said that it has settled all pending litigation with Medicis Pharmaceutical Corp relating to patent actions regarding Fluocinonide. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 16, 2009 Category: Pharmaceuticals Source Type: news
Indian medical devices cos finding space in global arena
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A bunch of mid-sized Indian companies have seized the opportunity in the global life-saving medical devices market. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 12, 2009 Category: Pharmaceuticals Source Type: news
Ranbaxy gets WHO approval for AIDS drug
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Ranbaxy Laboratories , India's top drug maker by sales, said on Thursday that it has received the World Health Organization pre-qualification for its Indinavir anti-retroviral AIDS drug. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 12, 2009 Category: Pharmaceuticals Source Type: news
Aurobindo gets USFDA approval for hypertension treating drug
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Drug firm Aurobindo Pharma on Thursday said that it has received final approval from the US health regulator for Perindopril Erbumine Tablets, used for the treatment of hypertension. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 12, 2009 Category: Pharmaceuticals Source Type: news
Watch out for US recovery, new products
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Robust growth in profits despite modest rise in revenues characterised the performance of the Indian pharma sector for the latest quarter ended September 2009. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 12, 2009 Category: Pharmaceuticals Source Type: news
CLB to hear Ranbaxy plea on Friday
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The Company Law Board (CLB) will hear a complaint by Ranbaxy Laboratories, which is contesting the appointment of two independent directors on the board of Zenotech by the founder and MD of the Hyderabad-based firm Jayaram Chigurupati, on Friday. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
HC admits DBS’ plea against Wockhardt
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The Bombay High Court has admitted an application filed by Singapore-based DBS against debt-ridden drug maker Wockhardt’s plans to divest some of its assets. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Novartis puts R&D activities in India on hold
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MUMBAI: Frustrated with patent challenges, Swiss-pharma giant Novartis has put its research and development (R&D) activities in India on the back burner, its CEO Daniel Vasella said. Mr Vasella, who was in town to attend the Pepsico board meet, said the intellectual property (IP) protection was not up to the mark in India. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Cipla to export anti-Swine flu drugs to US
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Pharma firm Cipla Ltd said it is looking to export Antiflu, the drug used in the treatment of influenza AH1N1 (swine flu) virus, to US markets. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
India to WIPO chief: MNCs working against Indian drug firms
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India on Wednesday complained to the UN intellectual property rights body, WIPO, that some multinational firms have launched campaign against country's pharmaceutical industry, which has broken their "cartel" in the generic drugs. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Tata Elxsi, NH in pact to develop healthcare solutions
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Tata Group company, Tata Elxsi has entered into an agreement with Bangalore-based Narayana Hrudayalaya to develop affordable healthcare solutions. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Cipla launches drug to treat H1N1 virus
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Drug maker Cipla Ltd on Wednesday launched its generic version of Roche's Tamiflu, used in the treatment of the H1N1 swine flu virus, the firm said in a statement. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Dr Reddy's unit rev to grow 10-15 pc in FY10
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Dr Reddy's Laboratories expects revenue at its pharmaceutical ingredients and outsourcing services unit to rise 10-15 per cent in this fiscal year, helped by stability in global economy, an official said. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Nano draws biotech giant Alexandria to Gujarat
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US firm plans Rs 500 crore unit next to Tata Motors’ project. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Daiichi to leverage Ranbaxy abroad
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Japan’s Daiichi Sankyo, which controls Ranbaxy Laboratories, will use the Indian company as a launch pad to sell its patented drugs in Europe, China and the US and will work together in developing new products, a senior company official said. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 11, 2009 Category: Pharmaceuticals Source Type: news
Indian generic firms to gain from Obama’s healthcare bill
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The Indian generic companies expect to gain from the Obama government’s new healthcare bill which could lead to increased consumption of generic drugs. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
Govt plans new norms for ads on emergency contraceptive pills
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The government has decided to frame guidelines on advertisements of emergency contraceptive pills (ECP) to ensure consumers be aware of the side-effects of the product. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
US health bill to benefit local generic firms
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The US healthcare bill, which has been passed by the US House of Representatives and is awaiting nod from the Senate, holds a lot of promise for generic drug manufacturers from India. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
Aurobindo Pharma gets US FDA nod for Cefotaxime injection
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Aurobindo Pharma today said it has got the final approval from the US drug regulator to market its antibiotic Cefotaxime injection used for treating various infections. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
Daiichi Sankyo to launch Ranbaxy's drugs in Japan soon
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Daiichi Sankyo is going to launch some of Ranbaxy's generic medicine in the Japanese market soon. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
Issues with USFDA to take long to resolve: Ranbaxy
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Ranbaxy is in talks with the US Food and Drug Administration (USFDA)to sort out issues related to generic drugs but the matter is likely to take long to resolve. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
Zydus first Indian co to file H1N1 clinical trials
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The race among Indian pharma companies engaged in swine flu vaccine development may soon throw up a winner just when the pandemic enters a critical stage with the onset of winter. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 9, 2009 Category: Pharmaceuticals Source Type: news
Jubilant to exit non-core biz by Mar
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Pharma company Jubilant Organosys expects to complete the divestment of its non-core business by the end of this fiscal and is also expanding its US operations. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 8, 2009 Category: Pharmaceuticals Source Type: news
Dr Reddy's files for marketing Lipitor generic
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Dr Reddy's Laboratories has filed for marketing a generic version of Pfizer's cholesterol-lowering drug Lipitor in the US. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 7, 2009 Category: Pharmaceuticals Source Type: news
India, EU to resolve generic drugs exports tangle
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The European Union (EU) is not opposed to exports of generic medicine by Indian companies through its ports, European Commissioner for Trade Catherine Ashton said here Friday. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 6, 2009 Category: Pharmaceuticals Source Type: news
Daiichi Sankyo begins late-stage trials of flu drug
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Daiichi Sankyo, has begun a late-stage trial in Japan for the influenza treatment laninamivir, a drug that aims to prevent new H1N1 flu. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 5, 2009 Category: Pharmaceuticals Source Type: news
Lab to enterprise solutions
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The Union Department of Science and Technology (DST) has embarked on several projects that are meant to go beyond social relevance. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 3, 2009 Category: Pharmaceuticals Source Type: news
Matsyafed sniffs new biz in nutraceutical domain
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Matsyafed has been engaged in the implementation of a broad range of welfare schemes for the fishing community, with the objective of ensuring their socio-economic uplift. (Source: The Economic Times Healthcare and Biotech News)
Source: The Economic Times Healthcare and Biotech News - November 3, 2009 Category: Pharmaceuticals Source Type: news
