Cabinet nod for India-Uzbekistan MoU on cooperation in pharma sector
New Delhi: The Cabinet Wednesday approved a memorandum of understanding (MoU) to be signed between India and Uzbekistan to increase cooperation in the areas of trade, industry, and research and…
E-pharma startups seek more clarity on data privacy
New Delhi: E-pharmacy players on Tuesday said they support the government’s draft e-Pharmacy policy but look forward to more clarity on the data privacy and data management. Digital health platforms…
NetMeds acquires JustDoc for just under a million
NEW DELHI: Online pharmacy Net-Meds has acquired telemedicine portal JustDoc in a cash-and-stock deal, the second acquisition by the Chennai-based company, which had acquired hyperlocal drugs delivery startup Pluss last…
As China builds biotech sector, cash floods U.S. startups
SAN FRANCISCO/HONG KONG: For three whirlwind days in June, U.S. scientist Zhi Hong went shopping at the Boston Bio Conference to find drugs to fill the pipeline of his two-week-old…
Aspen Pharma suffers week of woe as valuation tumbles by $3 bln
JOHANNESBURG: Aspen Pharmacare has lost about 45 billion rand ($3 billion) of its market value in just over a week in a sell-off sparked by concern over the South African…
Medicine that prevents post-natal AIDS tramission supplied to Mysuru after brief delay
Mysuru: Nevirapine syrups and tablets, a key preventive medicine for those afflicted with HIV, is now available in Mysuru. Shortage of the medicine had left pregnant women and new mothers…
Sun marches ahead with its specialty pipeline, announces European approval for Tildra
India’s largest drug maker Sun Pharma on Tuesday announced that the company’s partner Spanish drug maker Almirall, has received the approval from European drug regulators for its psoriasis drug Tildrakizumab…
‘Pharma firms in 16 nations evading tax of $3.8bn/year’
NEW DELHI: The world’s biggest pharmaceutical companies appear to be dodging an estimated $3.8 billion in tax per year across 16 countries, stated an Oxfam report released on Tuesday. While…
Global giants enter fray for GSK’s $4bn Horlicks unit
Mumbai: Global consumer products behemoths Nestle and Unilever are among suitors who are placing bids to acquire UK pharmaceutical giant GSK’s Indian nutritional foods unit — which owns health food…
Trichy : Pharmacists to strike on Sept 28 against online sales
Trichy: The Tamil Nadu Chemists and Druggists Association (TNCDA) here on Sunday announced that pharmacies across the state would be shut on September 28, in order to showcase their opposition…