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…
Punjab Government Planning To Cap Number Of Pharmaciest
To save the state from the drugs, the Punjab government is making efforts and now planning to put a stop on mushrooming of pharmacy shops by imposing a cap on…
Pharma sector trains students to keep talent pool flowing
Panaji: Persistent shortage of skilled workers threatens to undermine Goa’s Rs 10,000 crore pharmaceutical industry. With a significant share in pharmaceutical exports, the sector continues to struggle due to the…
Alembic Pharma gets USFDA nod for diabetes drug
New Delhi: Alembic Pharmaceuticals said Friday it has received tentative approval from the US health regulator to market Alogliptin and Metformin Hydrochloride tablets, an anti-diabetes medication, in the US market.…
