Orchid gets three final bids at par with liquidation value

MUMBAI: Ingen Capital, Fidelity Trading Corporation and Union Quimico Farmacéutica are in the final race to acquire distressed drug maker Orchid Pharma, people familiar with the matter said. The offers…

INLD alleges medicine purchase “scam” in Haryana, demands CBI probe

Chandigarh: Haryana’s main opposition Indian National Lok Dal (INLD) today alleged there were irregularities to the tune of hundreds of crores in the purchase of medicines in state government hospitals…

New genetic find offers hope for asthma sufferers

New Delhi: A new study has offered fresh hope for asthma sufferers by identifying a genetic variant that could improve the safety and effectiveness of corticosteroids, drugs that are used…

5 doctors charged with taking kickbacks to tout painkiller

NEW YORK – Five New York City doctors were arrested Friday on charges that they accepted bribes and kickbacks from an Arizona-based pharmaceutical company to prescribe large volumes of a…

Wockhardt, two others under lens for selling drugs without approval

New Delhi: Major drug makers, including Wockhardt Ltd, are under the scanner of the pharma regulator for allegedly launching combination drugs to treat diabetes and fungal infection without mandatory prior…

CDSCO to create forum to discuss “various issues” pertaining to drug regulations

India’s apex drug regulator has decided to constitute a forum for its chief to meet pharma associations regularly as part of efforts to improve ease of doing business for the…

KSPC initiative to aware people not to buy medicines from unqualified persons at drugstores

Karnataka State Pharmacy Council (KSPC) now approaching Print & TV advt campaign to highlight the dangers of selling drugs by unqualified persons at drug stores. Public awareness is necessary and…

125 New Manufacturing Facilities got approval from Gujarat FDCA

Gujarat Food and Drug Control Administration (FDCA) to increase Foreign Investment in the state and approved plant design of 125 new manufacturing facilities. Make in India campaign will get push…

‘Pharma Bro’, who drove up anti-HIV drug costs by defrauding investors, gets imprison

The “Pharma Bro” was convicted last year to defraud financial specialists by demonstrating counterfeit record explanations of two failing hedge funds that he ran. The main drug prices that were…

Insomnia, can be generic as reports showed is linked to specific DNA mutations

Thinking that it’s hard to sleep? Accuse your qualities, say specialists, who recognized particular generic components that may trigger the advancement of sleep issues. The discoveries built up that a…