Sun Pharma looks to grow complex generics, specialty products biz faster
New Delhi: Drug major Sun Pharma Thursday said it is looking to raise the share of complex generics and specialty products to its overall business portfolio going forward. “While our…
GW Pharma cannabis drug set to hit market following DEA nod
U.S.: listed shares of GW Pharmaceuticals rose 8 percent on Thursday as its marijuana-based treatment Epidiolex cleared the last hurdle after the Drug Enforcement Administration labeled the drug as having…
UK biotech raises bumper $2 billion, despite Brexit blues
LONDON: Britain’s biotechnology industry has raised a bumper 1.56 billion pounds ($2.05 billion) in the first eight months of this year, surpassing the 1.2 billion reached in the whole of…
U.S. judge dismisses Teva lawsuits against Lilly on migraine drug
BOSTON: A federal judge on Thursday dismissed a pair of patent infringement lawsuits by Teva Pharmaceutical Industries Ltd that sought to block Eli Lilly and Co from bringing its migraine…
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…
