Sebi will act against pharma cos in case of non-disclosure of material information, says Tyagi
Mumbai: Markets regulator Sebi on Thursday said it would take action against pharma companies if they are found not sharing information on material events like inspections and reports by the…
AstraZeneca gets marketing permission for cancer drug in India
New Delhi: AstraZeneca Pharma India on Thursday said it has received approval from the Indian drug regulator to market Durvalumab, a cancer treatment medicine, in the country. The company has…
May pharma sales grow in double digits
Mumbai: After months of lacklustre performance, the domestic pharma retail market rebounded to a strong double-digit growth rate in May, driven by volumes and new launches. Expanding 11%, the domestic…
Roche buys US Foundation Medicine for $2.4 bn
Geneva: Swiss pharmaceutical giant Roche said Tuesday it had reached an agreement to purchase the remaining shares of US lab Foundation Medicine, of which it already holds a majority stake,…
DCGI issued instructions to put a rack for generic drugs in a Private Chemist Shops
The Drug Controller General of India (DCGI), in a favor to promote generic medicines has issued instructions to all Indian states drug controllers to ensure that every private retail chemist…
DGGI sent notice to Pharma firms for not cutting GST on Free supply
Indian Tax department sent notices to big pharma companies for not cutting Goods and Services Tax(GST) on free goods or samples to the retailers. With regard to this notice, tax…
India to oppose planned patents rule
An effort by the World Intellectual Property Organisation (WIPO) to bring in a new rule that would allow countries to delegate the functions of their patents office to another country…
Opportunity for Indian Pharma manufacturers to embrace the Chinese Market
India now becomes the “pharmacy of the world” as it has 10% of the global pharma companies and according to the latest news, very frequent cases of smuggling and selling…
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…
