'Indian pharma industry capable of discovering new drugs'

Last Updated: Saturday, August 29, 2015, 20:22

Indian pharma industry is capable of discovering at least a couple of new drugs in the next 10 years, Sun Pharmaceutical Industries founder and managing director Dilip Shanghvi said today

Govt assures all help to boost pharma exports

Last Updated: Tuesday, August 18, 2015, 21:22

Government Tuesday assured the pharma industry of "every possible help" in resolving its issues related to exports and said efforts would be made to expedite work on different proposals to realise the full potential of the sector.

PSUs in pharma sector will not be sold: Ananth Kumar

Last Updated: Wednesday, August 5, 2015, 22:03

Public sector undertakings in pharmaceuticals sector will not be sold but their assets will be leveraged to make them financially viable, the government said today.

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.

Cipla elevates Samina Vaziralli to its board

Last Updated: Thursday, July 9, 2015, 22:08

Drug major Cipla Thursday announced the appointment of Samina Vaziralli as executive director on its board, paving way for a bigger role for her, nearly two weeks after another heir apparent Kamil Hamied quiting the pharma company.

Govt approves FDI worth Rs 4,000 cr in pharma sector

Last Updated: Wednesday, June 17, 2015, 17:15

Proposals for foreign direct investment amounting to around Rs 4,000 crore by four pharma and medical devices firms, including Torrent Pharmaceuticals and Biocon's research services arm Syngene, were on Wednesday approved by the government.

Govt to approve 6 pharma parks with Rs 180 cr investment

Last Updated: Wednesday, June 17, 2015, 16:18

Government is set to approve six pharma parks this year at an estimated investment of Rs 180 crore to promote the pharmaceuticals manufacturing.

NPPA gives deadline to drug cos for online data registration

Last Updated: Wednesday, June 3, 2015, 22:55

Drug price regulator NPPA has given pharma firms time till Friday to register for online database with 19 out of top 100 drug makers yet to respond after repeated reminders.

'Pharma industry grappling with pricing, regulatory issues'

Last Updated: Wednesday, June 3, 2015, 21:12

The buoyant pharmaceutical industry is still struggling to deal with the challenges around pricing in the domestic market, increased regulations as well as data integrity, says an EY survey.

Glenmark issues over 1 cr shares to Aranda, raises Rs 945 cr

Last Updated: Tuesday, May 19, 2015, 21:29

Glenmark Pharmaceuticals has raised Rs 945 crore by issuing over 1 crore shares to Aranda Investments, an indirect subsidiary of Temasek Holdings.

Dr Reddy's Lab to enter Japanese market through a partner

Last Updated: Tuesday, May 12, 2015, 19:37

Pharmaceutical major Dr Reddy's Laboratories Tuesday said it has plans to enter Japanese market through partnerships for specific products.

'Pharma exports may have grown 2.2% to $15.2 bn in FY15'

Last Updated: Monday, May 11, 2015, 18:51

Indian pharma exports are estimated to have grown, but at a slower pace of 2.2 percent to about USD 15.2 billion during the financial year ended March 2015 against USD 14.9 billion in the previous fiscal, said a top official of Pharmexcil, an export promotion body, Monday.