Religare Finvest claims Rs 1,900 crore from 19 companies ‘known to’ Malvinder and Shivinder Singh
NEW DELHI: Religare Finvest, the lending arm of Religare Enterprises, has filed claims totalling Rs 1,900 crore against 19 companies that were linked to its former promoters Malvinder and Shivinder…
Sun Pharma’s subsidiary files patent infringement suit against German drug maker Biofrontera
Sun pharma’s US subsidiary DUSA pharmaceuticals on Wednesday said that the company has filed a law suit against German drug maker Biofrontera for patent infringement, trade secret misappropriation and tortious…
Glenmark expands its oncology franchise in India with launch of Helsinn’s Akynzeo
New Delhi, Jul 10 : Glenmark Pharmaceuticals and Swiss pharma group Helsinn today announced the launch of Akynzeo, a fixed dose combination drug for prevention of chemotherapy-induced nausea and vomiting,…
Sun Pharma signs Akshay Kumar as brand ambassador for Revital H
New Delhi: Sun Pharma signs Akshay Kumar as brand ambassador for Revital H Drug major Sun Pharmaceutical Industries Monday said Sun Pharma Consumer Healthcare has signed Bollywood star Akshay Kumar…
Aurobindo in last lap to buy Mallinckrodt’s US generics business
MUMBAI: Aurobindo Pharma is in final negotiations to acquire Mallinckrodt’s specialty generics business in the US—including its portfolio of opioid-based painkillers—for $850-900 million after talks resumed in May, said multiple…
Firms marketing medicines may soon be liable for drug regulation violations
CHENNAI: Companies marketing medicines in India will soon be liable for violations of drug regulations that could lead to spurious or substandard medicines even if they aren’t manufacturers of these…
TPG to acquire 40% in Sai Life for Rs 900 crore
Mumbai: TPG has pipped rival private equity investors to acquire a stake of slightly over 40% in Sai Life Sciences — a Hyderabad-based provider of drug discovery, development and manufacturing…
Unsealed lawsuit: Opioid firm placed profits over people
NASHVILLE, Tenn. – A newly unsealed lawsuit by Tennessee’s attorney general says the maker of the world’s top-selling painkiller directed its salesforce to target the highest prescribers, many with limited…
Mineral rich Odisha lacks pharma industry, totally depends on other states for medicines and vaccines
Although commendable industry-friendly initiatives have been introduced by the central government to encourage entrepreneurship among the skilled young generation of India, no significant effort is taken either by the state…
Online pharmacy PillPack soon be acquired by Amazon
Amazon.com Inc shared the information that it would takeover medications-by-mail company PillPack for an undisclosed amount, sending shares of drug distributors and drug retailers down. This news already shaken up…
