India rejects Pfizer's patent application for arthritis drug

Last Updated: Monday, September 7, 2015, 18:58

India's patent office has again rejected US drug major Pfizer's new patent application for its rheumatoid arthritis medicine, tofacitinib, citing it did not enhance the efficacy of the existing approved drug.

Cipla to buy two US generic drug firms for $550 million

Last Updated: Friday, September 4, 2015, 10:53

Cipla Ltd said on Friday it has agreed to buy two generics businesses in the United States in an all-cash deals worth $550 million, as part of an effort to boost its presence in the world`s largest generics market.

Sun, Wockhardt recall drugs from US market

Last Updated: Sunday, August 30, 2015, 13:28

Sun Pharma and Wockhardt have separately initiated voluntary recall of a number of drugs from the US market due to different reasons.

After maggi, excess lead found in Yippee noodles; UP FDA to file case

Last Updated: Sunday, August 23, 2015, 19:55

After Maggi, the Uttar Pradesh Food and Drug Authority (FDA) has found excess lead in Yippee noodles of domestic giant ITC Ltd and will soon file a case.

Glenmark receives USFDA nod for oral contraceptive drug

Last Updated: Wednesday, August 19, 2015, 11:47

"Glenmark Pharmaceuticals Inc., USA has been granted final approval by the United States Food & Drug Administration (USFDA) for Drospirenone and Ethinyl Estradiol tablets USP, 3 mg/0.02 mg," the company said in a BSE filing.

CCEA approves proposal for strengthening drug regulatory system

Last Updated: Thursday, August 13, 2015, 00:03

To facilitate domestic manufacture of quality medical products, the Cabinet Committee on Economic Affairs (CCEA) Wednesday approved a proposal for strengthening and upgrading the drug regulatory system both at the Central and state level.

Divis Labs Q1 net spurts 45% to Rs 243 crore

Last Updated: Saturday, August 8, 2015, 16:23

Drug firm Divis Laboratories today reported a 45 per cent rise in its net profit at Rs 243.18 crore for the June quarter, from Rs 167.93 crore a year ago.

Drug ban not trade related, hopeful of solution: EU

Last Updated: Friday, August 7, 2015, 21:37

The EU Friday defended the banning of around 700 generic drugs tested by India's GVK Biosciences, asserting it was based on "scientific and not trade considerations" and voiced hope that a solution will be found after India deferred FTA talks with the bloc over the issue.

FDA hikes fee for drug approvals, cuts unit inspection charge

Last Updated: Wednesday, August 5, 2015, 15:15

However, the fees for facility inspection of foreign companies have been reduced, which may encourage more firms to opt for audit of their facilities by the regulator.

Gujarat extends ban on Maggi noodles for one month

Last Updated: Wednesday, August 5, 2015, 14:35

Gujarat Food and Drug Control Authority has extended the ban on Maggi noodles for third time in a row for a month as its manufacturer Nestle did not furnish any safety data for the product.

Sun Pharma may file new drug application with USFDA: Shanghvi

Last Updated: Thursday, July 30, 2015, 20:47

India's largest drugmaker Sun Pharma may file application for a new drug with the US Food and Drug Administration in next two to three years, the company's Managing Director Dilip Shanghvi said on Thursday.