AstraZeneca Pharma inks distribution pact with Abbott for diabetes drug
New Delhi: Drug firm AstraZeneca Pharma India Friday said it has entered into a distribution agreement with Abbott Healthcare for distribution of diabetes medicine Dapagliflozin in India. Dapagliflozin, an innovative…
Bugworks Research set for pre-clinical drug trials
BENGALURU: Bugworks Research, a Bengaluru-based drug discovery startup, has moved a few steps closer to its goal of developing next-generation antibiotics. Its drug candidate is set to enter pre-clinical trials…
Moderna to raise $618 mln in upsized IPO, braving market jitters
By Lance Tupper and Joshua Franklin Moderna Inc is set to sell around $618 million in shares in its initial public offering (IPO) on Thursday, a person familiar with the…
Drug company Actelion to pay $360M in kickback probe
BOSTON: A pharmaceutical company has agreed to pay $360 million to resolve allegations that it used a charitable foundation to pay kickbacks to Medicare patients. The U.S. attorney’s office in…
Effective drug for Parkinson’s now available in Bengaluru
Vikram Hospital, in association with the UK-based speciality pharmaceutical company Britannia Pharmaceuticals, has launched ‘Apomorphine’ for the first time in the country. According to the hospital, this powerful new drug…
Walgreens to link up with FedEx on next-day drug delivery as Amazon nears
Walgreens Boots Alliance said on Thursday it would partner with FedEx Corp to launch a next-day delivery service for prescription drugs nationwide, giving it a leg up as Amazon threatens…
1 In 8 Deaths in India in 2017 was thanks to air pollution
New Delhi: Air pollution in India is having severe impact on health of its population. One in eight deaths in India was attributable to air pollution in India in 2017,…
Taxmen begin scrutiny of Unilever-GSK deal
Taxmen have begun to scrutinise the $3.8-billion (3.3-billion euro) Unilever-GSK transaction and could raise demand on the value of the sale of Horlicks brand to the Anglo-Dutch multinational by invoking…
Lower drug sales potential at Bayer underscores need for deals
By Ludwig Burger FRANKFURT: Germany’s Bayer, which acquired seed company Monsanto this year, reduced its combined sales estimate for its most promising experimental drugs, acknowledging it needs to do more…
Amroli medicine distributor duped for Rs 26 lakh
Surat: Police booked four persons in Amroli on Tuesday for alleged cheating a businessman of Rs 26 lakh by offering him a highly profitable deal of medicinal oil. The accused…
