How AI Is Transforming The Pharmaceutical Industry
The pharmaceutical industry, known for its rigorous research, complex drug development pipelines, and use of cutting-edge technology, is undergoing a transformation thanks to AI. From applications such as disease identification…
US tariff jitters rock pharma stocks; Sun Pharma, Lupin, Dr Reddy’s slump 2-4%
Share of pharma companies saw red on February 14 as caution over the possibility of US tariffs hitting the sector spread across the Street. This came after US President Donald…
Pharma Deadline Extended: Govt Grants Relief to Small & Medium Firms
The Ministry of Health & Family Welfare has given three months from February 11, 2025, to the small and medium pharmaceutical firms to submit their plan for upgradation to the…
India’s Pharma Industry: Poised for Global Expansion by 2030
India’s pharmaceutical industry is on the verge of major expansion, with its share in the global market predicted to climb to 5% by 2030, according to a new report from…
Pharmaceutical companies prepare to comply with ethical marketing code
Pharmaceutical (pharma) bodies have welcomed the government’s move to request chief executive officers (CEOs) of all pharma companies submit, by June 30, an undertaking citing compliance with the newly notified…
Sun Pharma to acquire 16.33% stake of Surgimatix for $3.05 million
Pharma company Sun Pharma announced that it will acquire a 16.33 percent stake in Michigan-based Surgimatix Inc for $3.05 million by the end of this month subject to fulfilment of some conditions.…
Bulk drug imports from China slow
There is still some way until India’s dependence on imports of active pharmaceutical ingredients (APIs) and intermediates from China reduces, but the growth rate of imports has come down. While…
Health Ministry sets deadline for pharma industry to implement revised Schedule M
To bring in better quality management that will help Indian pharmaceutical manufacturers grow their business nationally and internationally, the Health Ministry has given six months for small manufacturers and 12…
Pharma companies to invest Rs 700 crore in Hyderabad
HYDERABAD: Pharmaceutical companies Granules India and Laurus Labs are all set to invest in Genome Valley in Hyderabad. Representatives of the two companies met Industries Minister KT Rama Rao on Tuesday and announced their investment…