Back Injectables maker Maiva Pharma raises Rs 1,000 crore to set up new manufacturing unit

The fund has acquired a controlling stake with the capital infusion, making it Maiva Pharma’s first private equity fundraise. Avendus acted as the exclusive financial advisor to Maiva and its…

NPPA Revises Ceiling Price Of Coronary Stents In Tune With WPI

New Delhi: The National Pharmaceutical Pricing Authority (NPPA) has revised the ceiling prices of coronary stents with effect from the beginning of April, 2024, in tune with the Wholesale Price Index…

Guwahati Railway Police Seizes 20,000 Suspected YABA Tablets, Two Women Arrested

Guwahati: Two female carriers were apprehended during a routine inspection on Train No. 20503, the Rajdhani Express on May 1 at approximately 7 am in Guwahati. The individuals were identified as…

AstraZeneca Reaffirms Safety Of Covishield, Vaxzevria Vaccines Amid Blood Clot Concerns

Cambridge: Amid recent concerns over potential rare side effects of the AstraZeneca-Oxford COVID-19 vaccine, the pharmaceutical giant has reaffirmed its dedication to patient safety, while underscoring its overall safety profile.…

DCA Officials Seize ‘Colinol-Spas Tab’ For Misleading Claim

HYDERABAD: Officials of Drugs Control Administration, Telangana seized ‘Colinol-SPAS Tablets (Mefenamic Acid and Dicyclomine Hydrochloride Tablets IP)’, an allopathic medicine, in Nampally, Hyderabad, for making a misleading advertisement claiming it…

FTC Targeting More Than 300 Junk Listings For Diabetes, Weight Loss, Asthma And COPD Drugs

WASHINGTON:  The Federal Trade Commission expanded its campaign against pharmaceutical manufacturers’ improper or inaccurate listing of patents in the Food and Drug Administration’s (FDA) Orange Book, disputing junk patent listings…

DCA Officials Seize Ayurvedic Medicines Over Misleading Claims

HYDERABAD: Drugs Control Administration, Telangana, officials seized ayurvedic medicines for misleading advertisements and an unauthorized slimming and cosmetics private limited, overpriced medicines and a quack in various parts of the state…

Hyderabad police bust illegal Oxytocin injections sale in Hyderabad, apprehends three

HYDERABAD: The Task Force South-West Zone, in collaboration with the Mangalhat police station, conducted a raid on Banwarlilal Suresh Kumar Bansal near Jet Cafe in Old Mallepally, Hyderabad, targeting the illegal…

Sugar Content In Cerelac Lower Than FSSAI Limit: Nestle

Mumbai: Nestle India on Monday rejected the charges relating to the company selling baby food products like Cerelac with higher sugar content in less developed countries like India. Chairman and…

Uttarakhand Suspends Permissions Of 14 Products Of Ramdev’s Pharma Firms

Haridwar: An Indian state regulator has suspended manufacturing licences of 14 products made by pharmaceutical companies of the country’s most popular yoga guru for repeatedly publishing misleading advertisements about their efficacy,…