Sun-Ranbaxy $4 billion merger completed
NEW DELHI: Almost a year after announcing a $4 billion deal, Sun Pharmaceutical Industries today said merger of Ranbaxy with itself has been ‘consummated’ following receipt of requisite approvals. In…
Dr Reddy’s gets over Rs 2,395 crore show cause notice from I-T authority
Dr Reddy’s Laboratories Ltd on Saturday said it has received a showcause notice from the income tax authority with a proposed demand of over Rs 2,395 crore from it related…
‘Made in India’ Stents win major victory against Import Lobby
New Delhi/ Ahmadabad: Gujarat’s Department of Health and Family welfare beat a hasty retreat on its biased order against domestic stent makers, thanks to immediate intervention of former Union Health…
Pharma Stocks Plunge on Trump Tariff Threat
New Delhi: Shares of Pharmaceutical companies on Friday tumbled up to 10 per cent amid reports that the Trump Administration will soon announce tariffs on pharma imports and emphasised that…
Customs Arrest 2 For Illegally Exporting Banned Pharma Drugs To UK
Mumbai: The Customs officials on Friday arrested two persons for allegedly exporting pharmaceutical drugs abroad. The agency has seized several tablets of Tramadol, Alprazolam, Diazepam, Zolpidem and Nitrazepam. The agency…
Fake medicines spark uproar in Sodepur after child falls ill
A pharmacy was sealed and its owner arrested after widespread concern over illegal drug trade. A controversy erupted in Sodepur on Thursday night after a woman alleged that her child’s…
Trump warns of pharma sector tariff at levels ‘never seen before’, says announcement can be expected soon
Just moments after announcing sweeping reciprocal tariffs on countries that trade with the United States, US President Donald Trump assured that the pharma sector, particularly, is being looked at as…
India’s generic medicines steal the spotlight as US exempts pharma from tariffs
India’s pharma sector has emerged as a big winner amid Trump’s tariff woes, as the US has exempted pharmaceuticals from reciprocal tariffs, recognizing the vital role of India’s generic medicines…
Is Gujarat’s Health Department Rebelling against PM Modi Government?
Ahmedabad/ New Delhi: In a move that has stunned the medical industry and political circles alike; the Gujarat Health Department has introduced a differential pricing mechanism for stents under the…
Nifty Pharma soars 3% on exclusion from Trump’s reciprocal tariffs; Sun Pharma, IPCA Labs up 5%
Domestic pharmaceutical players heaved a sigh of relief in trade on April 3, while the other sectors see intense selling pressure, as the White House has excluded pharmaceuticals products from…
