Novartis appoints Susanne Schaffert to lead oncology business
ZURICH: Novartis said it appointed company veteran Susanne Schaffert to lead its oncology unit from Jan. 1, replacing Liz Barrett who is stepping down to return to the United States.…
Asbestos scare: CDSCO draws samples of J&J’s baby powder from HP plant
New Delhi: The country’s top drug regulator, the CDSCO, drew samples of Johnson and Johnson’s baby powder from the company’s Baddi plant in Himachal Pradesh on Wednesday amid reports that…
Pharma Industry Upset With Govt’s Hike In Fee For Drug Licenses, But Welcomes Import Duty Hike
Pharma industry across India including those under the banner of the Karnataka Drugs and Pharmaceutical Manufacturers Association (KDPMA) are now in the dock with the recent notification from the ministry…
HC may take up Epharmacy ban
CHENNAI: Epharmacies have moved a division bench of the Madras High Court challenging a recent order banning sale of medicines online till the central health ministry formalises the regulatory environment…
Gujarat companies eye Uzbekistan
AHMEDABAD: Gujarat-based companies are actively exploring investment opportunities in pharmaceuticals and textile sectors in Uzbekistan as the central Asian country offers them huge potential. “There is huge scope for pharma…
Bristol-Myers gets $1.6 bln offer for French consumer health unit
Bristol: Myers Squibb Co received an offer from Japanese healthcare firm Taisho Pharmaceutical Holdings Co Ltd to buy the company’s French over-the-counter drugs business UPSA for $1.6 billion, the companies…
Eli Lilly sees 2019 profit, revenue above estimates; shares rise
Eli Lilly and Co on Wednesday forecast better-than-expected revenue and adjusted profit for 2019, as the drugmaker benefits from higher demand for its newer medicines including diabetes drug Trulicity and…
Medicinal drug seizures go up, arrests come down
CHANDIGARH: The seizure of banned injectable vials and intoxicatant tablets have gone up this year as compared to last year. From January 1 to December 18, cops recovered 4,081 banned…
J&J says Indian drug regulators visited facilities, company provided talc samples
By Rahul Singh NEW DELHI: Johnson & Johnson said on Wednesday that Indian drugs authorities visited some of its facilities and it provided them with “tests and samples” of its…
Government prohibits distribution, sale of Buclizine as ‘appetite stimulant’
New Delhi: The Union Health Ministry has prohibited the distribution and sale of anti-histamine drug Buclizine as an appetite stimulant “in public interest” under the Drugs and Cosmetics Act. The…
