Fake Ayurvedic drugs seized of worth Rs 11 Lakh by Maha FDA
Maharashtra Food and Drug Administration during their raid on companies for flouting norms seized spurious drugs of worth Rs 11 lakhs. All the fake medicines are collected from retail outlets…
Alembic Pharma gets USFDA nod for its antibiotic capsules
Drug firm Alembic Pharmaceuticals today said it has received approval from the US health regulator for its Doxycycline Hyclate capsules used for treatment of wide variety of bacterial infections. The…
Drug racket busted in Gujarat, Maharashtra, and Goa by DRI
Drugs of worth Rs 35 Crore has been seized by the DRI( Directorate of Revenue Intelligence). DRI officials achieved a major success when they shave busted a big drug-manufacturing and…
Adoption of Global Quality Standards is required for Indian Pharma: OPPI
OPPI stands for the Organisation of Pharmaceutical Producers of India and it represents the research-based pharmaceutical companies in India. It completely engages with the government and other stakeholders to find…
NPPA fixes prices of 22 drug formulations
The national drug pricing regulator NPPA has fixed the retail and ceiling prices of 22 formulations used for treatment of various ailments including HIV, bacterial infections and cardiac conditions among…
Eli Lilly, Astra halt Alzheimer’s drug tests
London: British and American pharmaceutical giants AstraZeneca and Eli Lilly on Tuesday said they were ending a large clinical trial of a treatment for Alzheimer’s that they had been developing together. The decision to…
Cricket brand Sourav Ganguli to bat for quality Generic Medicine
New Delhi: Costly branded medicines are burning large holes in the pockets of patients, so generic medicine is the need of the hour. The only concern that deflects from generics…
28 companies under lens for wrongly claiming services export sops
MUMBAI: The Directorate of Revenue Intelligence (DRI) has begun investigations into 28 companies that have wrongly claimed services export benefits, according to the agency, which has issued notices to them.…
Temasek in final talks to acquire 30-35% stake in AHH for $100 m
Singapore state-owned investment company Temasek Holdings is in the final stages of discussions to acquire a minority stake in Asia Healthcare Holdings, a healthcare platform set up by US-based private…
Pfizer wins appeal against UK fine for epilepsy drug price hike
LONDON, – Pfizer Inc and Flynn Pharma won an appeal on Thursday against fines totalling nearly 90 million pounds ($120 million) imposed in 2016 for ramping up the cost of…