Ajanta Pharma Q4 PAT down 17% at Rs 94 cr

New Delhi: Ajanta Pharma on Wednesday reported 17.13 per cent decline in profit after tax (PAT)at Rs 94.49 crore for the quarter ended March 31, 2018 impacted by decline in…

Abbott discontinues selling Xience Alpine stents in India

New Delhi, Apr 26 : Healthcare firm Abbott today said it has fulfilled all the requirements to discontinue its Xience Alpine drug-eluting stent in India and will not be selling…

Novartis appoints John Tsai as Head of Global Drug Development and CMO

Basel, April 19, 2018 – Novartis announced today the appointment of John Tsai, M.D. as Head of Global Drug Development (GDD) and Chief Medical Officer. Dr. Tsai will join Novartis…

P&G to acquire 52% in Merck India for Rs 1,300cr

MUMBAI: Global consumer products major, The Procter & Gamble Company (P&G), will acquire a nearly 52% stake in drug firm Merck India for Rs 1,300 crore as part of a…

NITI Aayog backs cap on pharma trade margins

New Delhi: Trade margins charged by drug stockists and chemists must be capped, government think tank NITI Aayog recommended, a move that promises to bring down drug prices while trimming…

Deep investigation opens unseen overpricing issues of Pharmaceutical firm

FDA may send overpricing notice to the Pharmaceutical firm. While investigating Saurya Pratap case against Medanta for overpricing, officers found the medicines used in the bill had MRP higher than…

8% Rise in the demand for biotech, pharma profiles most in demand in March 2018

It’s a very good news for professional from biotech, pharma sector as their market demand got a rise. This growth registered in March 2018, by the recruitment index in the…

Illegal imports of pharma products can be fined millions for Canadian pharmacy

Kristian Thorkelson, founder of the Canada Drugs started the company in 2001 and promoted it as a safe alternative for patients to save dollars on expensive drugs and hailed as…

Proposed Hyderabad Pharma City may affect the endangered Flora, fauna

According to the survey, the proposed plan of Pharma City could affect the habitat of rare and endangered plant and animal species, including leopards. Health experts warned planners that it…

Stent maker Abbott initiates a study for better Angioplasty outcome

New Delhi/ Chicago:  Abbott is all set to break a better new ground for heart patients. The American stent maker major has initiated a study that might prove game changer…