Sun Pharma, Israel university ink pact to develop anti-cancer drugs

Last Updated: Wednesday, April 15, 2015, 19:05

Sun Pharmaceutical Industries has inked a pact with Israel's Technion university to develop anti-cancer drugs.

Govt allows pharma companies to hike prices of 509 essential drugs

Last Updated: Wednesday, April 8, 2015, 14:35

The government has allowed pharmaceutical companies to hike rates of 509 essential medicines used for treating various ailments like diabetes, hepatitis and cancer by 3.84 percent with effect from April 1.

Stada agrees oncology deal with Indian Hetero Drugs

Last Updated: Thursday, March 26, 2015, 15:57

German generic drugmaker Stada struck an alliance with family-owned Hetero Drugs Ltd of India to gain access to active ingredients for cancer drugs, Stada said on Thursday.

Cipla to launch generic Hepatitis C drug 'Hepcvir' in India

Last Updated: Wednesday, March 25, 2015, 15:37

Drug major Cipla on Wednesday announced the launch of generic drug Sofosbuvir for treating chronic Hepatitis C under the brand name 'Hepcvir', in India.

USFDA issues import alert on two plants of Aarti Drugs

Last Updated: Tuesday, March 24, 2015, 14:20

Aarti Drugs on Tuesday said its two manufacturing facilities have received import alert from the US health regulator, a development which could impact the company's exports to the American market.

NPPA yet to recover Rs 3,680 cr for drug price overcharging

Last Updated: Sunday, March 15, 2015, 13:40

Drug price regulator NPPA is still to recover Rs 3,680.43 crore from various pharmaceutical companies for overcharging, while almost 95 per cent of the amount is under litigation.

Attorney Generals of Texas, California probe DRL's drug pricing mechanism

Last Updated: Wednesday, February 25, 2015, 10:50

Attorney Generals of Texas and California have separately sought information on pricing of some drugs sold by Dr Reddy's Laboratories in the US, according to the latest filing for the drug maker with SEC.

Govt to come with plans to improve bulk drug manufacturing capacities

Last Updated: Wednesday, February 18, 2015, 13:23

The government will shortly come out with strategies to improve bulk drug manufacturing capacity in India in order to reduce dependence on China for import of bulk drugs.

GSK Pharma to transfer cancer drug portfolio to Novartis arm

Last Updated: Thursday, February 12, 2015, 21:59

GlaxoSmithKline Pharmaceuticals board on Thursday approved transfer of its cancer drugs portfolio to an arm of Novartis in India in return for acquiring vaccines portfolio as part of a global deal between the two-multinational pharma giants struck last year.

Pfizer to acquire Hospira at enterprise value of $17 bn

Last Updated: Thursday, February 5, 2015, 19:19

This is Pfizer's biggest acquisition after its failed USD 117 billion takeover bid for UK-based pharmaceuticals firm AstraZeneca in May last year.

Patented drugs details sought from drug makers for price negotiation

Last Updated: Thursday, January 29, 2015, 23:04

In its drive to fix prices of patented drugs, national drug price regulator NPPA has sought complete details of such medicines sold in the Indian market from drug makers.

Novartis profits jump 12% on new drug sales

Last Updated: Tuesday, January 27, 2015, 16:17

Swiss pharmaceuticals giant Novartis said Tuesday strong sales of new products helped push its net profit up 12 percent last year despite harsh competition from cheaper copycat generic drugs.