Latest News: GSK Pharma forays into gynaecological cancer treatment in IndiaHyderabad rising in biotech, pharma, medtech innovation: Revanth ReddyDCGI issued alert regarding theft of Novo Nordisk injectablesTwo firms fined for selling spurious cosmetic productsOdisha govt notifies OPDC to propel state as a pharma hub in eastern IndiaMaharashtra tragedy: Gas leak at pharma company in Palghar; at least 4 deadCounterfeit cancer drugs: Most drug samples tested are genuine, says Delhi govtDelhi HC grants interim protection from arrest to Vicky Ramancha in Ozempic scamIndia bets big on ayurveda for next growth waveJazz Pharma inks deal with Saniona to develop SAN2355Four new drugs for rare diseases on anvil; five medications for 7 ailments in market: VK PaulTelangana HM orders action against misleading pharma ads, sale of substandard drugsAurobindo Pharma clarifies, reports of Zentiva buyout ‘premature’, no binding agreement yetAIIMS study finds catheter infections in hospital widespread across IndiaMNCs seek restart of refurbished medical device importsCOVID May Age Blood Vessels by 5 Years, With Stronger Impact in Women: Study72-Year-Old Saved by Valve-in-Valve TAVI at ApolloKerala’s Disease Surge Tied to Poor Hygiene and Climate StressAfghan Health System Near Collapse Amid Aid CutsLOC issued against man who sold fake Ozempic worth Rs 180 crore to US firmDRI officials seize 119.4 kg of Alprazolam worth Rs. 23.88 croreMNCs push to restart refurbished med device imports; seeks entry in repair initiative10-Minute Medicine Delivery Faces Heat Over Rx ComplianceDelhi to Add 1,100 Ayushman Arogya Mandirs, 1,300 New Beds in Hospital PushCentre Pushes Haryana to Fast-Track AIIMS RewariRajasthan Drops 1,114 Hospitals From RGHS in Fraud DriveIIT Kharagpur Launches Skills School to Train Allied Health ProfessionalsAurobindo to Start US Units This Year; China Plant Nears Q3 FY26 Break-EvenBanned medicines seized in Jaipur: 4 miscreants arrestedLarge quantity of banned cough syrup recovered from truck, three arrestedColgate, Fair and Lovely, washing powder and soap are all fake…!Piyush Goyal meets pharma industry leaders to discuss R&D, competitiveness boostSenores Pharma to Buy Two Teva ANDAsLab-grown rabies antibodies show promise as cheaper, safer alternativeLilly launches Mounjaro KwikPen in IndiaGujarat FDCA receives Rs. 32 crore from state govt to expand Surat drug testing labGovt to decriminalise 1,000 minor offences, overhaul IP regimeMax Healthcare Sets 9,500-Bed Goal by 2028Africa Looks to India to Build Affordable HealthcareFortis Noida Installs O-Arm 3D Imaging for Safer SurgerySupreme Court Dismisses IMA Plea Against Patanjali AdsIndia Launches SHRESTH Index to Strengthen State Drug Regulatory Systems52.4% of Herbal Products did not conform to the standards of the US Pharmacopeia, samples exceeded microbiological limits: ICMR-NIN StudyGang making fake health supplements busted in Muzaffarnagar, two arrestedGovt Temporarily Eases BIS Rules for Medical Device PartsBiocon Bets Big on Insulin, Eyes GLP-1 Drugs for Future GrowthDelhi Police busts major fake medicine racket; 6 arrested including kingpinIndian Pharma Market grows by 7.9% in July; antibiotic Augmentin rebounds to top spotHimachal: Two Female Nurses Caught Drinking Alcohol Inside Government Hospital Late at NightLincoln Pharma Q1 Results: Net Profit Rises 17%Paracetamol Drug not Banned in India, says Anupriya PatelParacetamol Not Banned in India, Says Union Minister Amid RumoursLupin Ramps Up Strategy to Counter U.S. Tariff Threat, Posts 52% Profit SurgeWHO Advises Against Antibiotics for COVID-19 Without Bacterial InfectionFortis Q1 Profit Jumps 57%; Expansion Drives GrowthFake life-saving drugs under labels of top brands: Pan-India racket busted, 6 arrestedKarnataka Defends Closure of Jan Aushadhi Kendras in Govt HospitalsPharma tariffs may go as high as 250%, says TrumpHaryana Resumes Ayushman Bharat Payments, Delays Withdrawal by 650 Private HospitalsSupreme Court Seeks Task Force Reply on Medical Safety Amid Doctors’ ProtestsSoaked in Divine Aura, SSIMantra gets more Power to cater to UnderservedGates Foundation Pledges $2.5 Billion to Transform Women’s Health GloballyPortea Medical Expands Cancer Care Services Across IndiaCentre Asks States to Cap C-Section Delivery Charges Under Ayushman BharatHC Stays Vaccine Scientist’s Conviction, Cites ‘National Interest’Wings Pharmaceuticals Cuts HR Time 40% with Cloud HRMHealth Ministry Seeks New SOPs for Plasma Fractionation CentresHaridwar Private Hospital Sealed After Two Women Die; Cases LodgedImports of Essential Bulk Drugs Drop 12% in June on Rising Domestic API OutputYou Can Get Lung Cancer in Delhi Without Smoking, Warns New StudyLilly Opens Hyderabad Digital Innovation Center to Boost Research84% of Hyderabad IT Professionals Suffer from Fatty Liver Disease: Nadda Raises AlarmManipal Hospitals to Acquire Sahyadri for ₹6,400 Cr in Major Healthcare DealCentre Cuts Prices Of 35 Essential MedicinesMankind Pharma Q1 FY26 Net Profit Falls 17% to ₹378 Cr; Declares ₹5 DividendCDSCO Launches 1-Year NOC System for Non-Medicinal Drug ImportsIndia Marks 15th Organ Donation Day as NOTTO Honours Leaders in Transplant AdvocacyIndia Issues 79.71 Crore ABHA IDs, Links 65.09 Crore Health RecordsMotilal Oswal Flags 9–11% Pharma Growth in India by FY 26; Recommends Five StocksIndia’s Dengue Vaccine Trial Reaches 70%KTR hits out at Revanth Reddy for deceiving farmers on Pharma City developmentThree held for illegal sale of painkillers in VelloreOver 26,000 bottles of cough syrup seized, 1 arrestedTrump pressures 17 pharma CEOs to cut US drug pricesNifty settles below 24,600 level; broader mkt underperforms; pharma shares tumbleKarnataka issues order to merge Ayush drug dept with State FDAOrchid Pharma buyback rights to novel antibiotic; stock up 5%Natco Pharma shares dip over 2% after Rs 2,000-crore stake buy in South Africa’s Adcock Ingram10, 000 Km is just a Number for Intercontinental Tele Surgery by SSIMantraDGFT Extends Deadline on Application for Export of Pharma Grade SugarBihar Healthcare is poised to be embraced by Robotic Surgery MantraAurobindo, Cipla, Viatris to make, market long-acting injectable HIV drugPharma stocks hover near flatline even as Trump hints at new tariffs by July-endGovt revises prices of 71 medicines, including those for diabetes and infections: Check new ratesSun Pharma reaches settlement with Incyte Corporation, launches Leqselvi in U.S.Aurobindo Pharma to manufacture, supply long acting HIV treatment drugFamous Vaidyaratnam Ayurveda Clinic in Delhi is now more Accessible to PatientsEnrolment in third phase clinical trials for India’s first dengue vaccine nearly complete, says ICMRIn Gurgaon, illegal hospital busted, quack arrested in raidCustoms delivers 25 containers of seized drugs to NAFDAC
August 26, 2025
Latest News: GSK Pharma forays into gynaecological cancer treatment in IndiaHyderabad rising in biotech, pharma, medtech innovation: Revanth ReddyDCGI issued alert regarding theft of Novo Nordisk injectablesTwo firms fined for selling spurious cosmetic productsOdisha govt notifies OPDC to propel state as a pharma hub in eastern IndiaMaharashtra tragedy: Gas leak at pharma company in Palghar; at least 4 deadCounterfeit cancer drugs: Most drug samples tested are genuine, says Delhi govtDelhi HC grants interim protection from arrest to Vicky Ramancha in Ozempic scamIndia bets big on ayurveda for next growth waveJazz Pharma inks deal with Saniona to develop SAN2355Four new drugs for rare diseases on anvil; five medications for 7 ailments in market: VK PaulTelangana HM orders action against misleading pharma ads, sale of substandard drugsAurobindo Pharma clarifies, reports of Zentiva buyout ‘premature’, no binding agreement yetAIIMS study finds catheter infections in hospital widespread across IndiaMNCs seek restart of refurbished medical device importsCOVID May Age Blood Vessels by 5 Years, With Stronger Impact in Women: Study72-Year-Old Saved by Valve-in-Valve TAVI at ApolloKerala’s Disease Surge Tied to Poor Hygiene and Climate StressAfghan Health System Near Collapse Amid Aid CutsLOC issued against man who sold fake Ozempic worth Rs 180 crore to US firmDRI officials seize 119.4 kg of Alprazolam worth Rs. 23.88 croreMNCs push to restart refurbished med device imports; seeks entry in repair initiative10-Minute Medicine Delivery Faces Heat Over Rx ComplianceDelhi to Add 1,100 Ayushman Arogya Mandirs, 1,300 New Beds in Hospital PushCentre Pushes Haryana to Fast-Track AIIMS RewariRajasthan Drops 1,114 Hospitals From RGHS in Fraud DriveIIT Kharagpur Launches Skills School to Train Allied Health ProfessionalsAurobindo to Start US Units This Year; China Plant Nears Q3 FY26 Break-EvenBanned medicines seized in Jaipur: 4 miscreants arrestedLarge quantity of banned cough syrup recovered from truck, three arrestedColgate, Fair and Lovely, washing powder and soap are all fake…!Piyush Goyal meets pharma industry leaders to discuss R&D, competitiveness boostSenores Pharma to Buy Two Teva ANDAsLab-grown rabies antibodies show promise as cheaper, safer alternativeLilly launches Mounjaro KwikPen in IndiaGujarat FDCA receives Rs. 32 crore from state govt to expand Surat drug testing labGovt to decriminalise 1,000 minor offences, overhaul IP regimeMax Healthcare Sets 9,500-Bed Goal by 2028Africa Looks to India to Build Affordable HealthcareFortis Noida Installs O-Arm 3D Imaging for Safer SurgerySupreme Court Dismisses IMA Plea Against Patanjali AdsIndia Launches SHRESTH Index to Strengthen State Drug Regulatory Systems52.4% of Herbal Products did not conform to the standards of the US Pharmacopeia, samples exceeded microbiological limits: ICMR-NIN StudyGang making fake health supplements busted in Muzaffarnagar, two arrestedGovt Temporarily Eases BIS Rules for Medical Device PartsBiocon Bets Big on Insulin, Eyes GLP-1 Drugs for Future GrowthDelhi Police busts major fake medicine racket; 6 arrested including kingpinIndian Pharma Market grows by 7.9% in July; antibiotic Augmentin rebounds to top spotHimachal: Two Female Nurses Caught Drinking Alcohol Inside Government Hospital Late at NightLincoln Pharma Q1 Results: Net Profit Rises 17%Paracetamol Drug not Banned in India, says Anupriya PatelParacetamol Not Banned in India, Says Union Minister Amid RumoursLupin Ramps Up Strategy to Counter U.S. Tariff Threat, Posts 52% Profit SurgeWHO Advises Against Antibiotics for COVID-19 Without Bacterial InfectionFortis Q1 Profit Jumps 57%; Expansion Drives GrowthFake life-saving drugs under labels of top brands: Pan-India racket busted, 6 arrestedKarnataka Defends Closure of Jan Aushadhi Kendras in Govt HospitalsPharma tariffs may go as high as 250%, says TrumpHaryana Resumes Ayushman Bharat Payments, Delays Withdrawal by 650 Private HospitalsSupreme Court Seeks Task Force Reply on Medical Safety Amid Doctors’ ProtestsSoaked in Divine Aura, SSIMantra gets more Power to cater to UnderservedGates Foundation Pledges $2.5 Billion to Transform Women’s Health GloballyPortea Medical Expands Cancer Care Services Across IndiaCentre Asks States to Cap C-Section Delivery Charges Under Ayushman BharatHC Stays Vaccine Scientist’s Conviction, Cites ‘National Interest’Wings Pharmaceuticals Cuts HR Time 40% with Cloud HRMHealth Ministry Seeks New SOPs for Plasma Fractionation CentresHaridwar Private Hospital Sealed After Two Women Die; Cases LodgedImports of Essential Bulk Drugs Drop 12% in June on Rising Domestic API OutputYou Can Get Lung Cancer in Delhi Without Smoking, Warns New StudyLilly Opens Hyderabad Digital Innovation Center to Boost Research84% of Hyderabad IT Professionals Suffer from Fatty Liver Disease: Nadda Raises AlarmManipal Hospitals to Acquire Sahyadri for ₹6,400 Cr in Major Healthcare DealCentre Cuts Prices Of 35 Essential MedicinesMankind Pharma Q1 FY26 Net Profit Falls 17% to ₹378 Cr; Declares ₹5 DividendCDSCO Launches 1-Year NOC System for Non-Medicinal Drug ImportsIndia Marks 15th Organ Donation Day as NOTTO Honours Leaders in Transplant AdvocacyIndia Issues 79.71 Crore ABHA IDs, Links 65.09 Crore Health RecordsMotilal Oswal Flags 9–11% Pharma Growth in India by FY 26; Recommends Five StocksIndia’s Dengue Vaccine Trial Reaches 70%KTR hits out at Revanth Reddy for deceiving farmers on Pharma City developmentThree held for illegal sale of painkillers in VelloreOver 26,000 bottles of cough syrup seized, 1 arrestedTrump pressures 17 pharma CEOs to cut US drug pricesNifty settles below 24,600 level; broader mkt underperforms; pharma shares tumbleKarnataka issues order to merge Ayush drug dept with State FDAOrchid Pharma buyback rights to novel antibiotic; stock up 5%Natco Pharma shares dip over 2% after Rs 2,000-crore stake buy in South Africa’s Adcock Ingram10, 000 Km is just a Number for Intercontinental Tele Surgery by SSIMantraDGFT Extends Deadline on Application for Export of Pharma Grade SugarBihar Healthcare is poised to be embraced by Robotic Surgery MantraAurobindo, Cipla, Viatris to make, market long-acting injectable HIV drugPharma stocks hover near flatline even as Trump hints at new tariffs by July-endGovt revises prices of 71 medicines, including those for diabetes and infections: Check new ratesSun Pharma reaches settlement with Incyte Corporation, launches Leqselvi in U.S.Aurobindo Pharma to manufacture, supply long acting HIV treatment drugFamous Vaidyaratnam Ayurveda Clinic in Delhi is now more Accessible to PatientsEnrolment in third phase clinical trials for India’s first dengue vaccine nearly complete, says ICMRIn Gurgaon, illegal hospital busted, quack arrested in raidCustoms delivers 25 containers of seized drugs to NAFDAC
August 26, 2025

SINGH BROTHERS FINED RS 2,600 CR FOR HIDING FACTS FROM DAIICHI

New Delhi, Medicare News, May 15, 2016

Billionaire businessman Malvinder Mohan Singh and his younger brother Shivinder Mohan Singh have been fined nearly Rs 2,600 crore, media reports say.
The erstwhile promoters of drug maker Ranbaxy were penalised for concealing and misrepresenting facts from Japanese pharmaceutical company, Daiichi Sankyo about its 2008 deal involving the sale of controlling stake in Ranbaxy.

The fine was decided by Singapore International Arbitration Centre (SIAC), which heard an arbitration case filed by Daiichi Sankyo in 2013. The Singh brothers, former Ranbaxy owners, had sold their stake to Daiichi Sankyo for $2.4 billion in 2008.

Japanese drugmaker Daiichi Sankyo later sold Ranbaxy to Mumbai-based Sun Pharma. The Singh brothers now run hospitals under the Fortis brand. They also own financial services firm Religare Enterprises.

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GSK Pharma forays into gynaecological cancer treatment in India

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