USFDA lifts import alert from Sun Pharma's Mohali plant

Mumbai: The import alert imposed on Sun Pharma's Mohali manufacturing facility by the US Food and Drug Administration (FDA) will be withdrawn and the facility will be removed f...

Pankaj Patel owned Cadila ups its India game with AZ's brands

Mumbai: Indian pharmaceutical major Zydus Healthcare has acquired brands in anti-infective and women’s health portfolio such as Bricarex, Bricarex-A, Bricanyl, Xylocard, Ceri...

Suven Life gets patent for neuro-degenerative drug

New Delhi: Suven Life Sciences, one of the leading bio-pharmaceutical firm in India, has been granted a patent by Australia for a drug used in the treatment of neuro-degenerative d...

Morgan Stanley PE Asia buys 20% in ZCL for Rs 170 crore

Mumbai: Morgan Stanley Private Equity Asia has invested Rs 170 crore (US$ 25 million) in ZCL Chemicals for a 20 per cent stake, which will help the chemicals company to fund its gr...

Abbott to set up innovation hub in India

Mumbai: Abbott Laboratories, a global drug maker based in US, plans to set up an innovation and development center (I&D) in Mumbai, which will help in developing new drug formu...

Aurobindo Pharma may buy Portugal's Generis, deal likely to be valued at $200 million

New Delhi: Hyderabad-based Aurobindo Pharmaceuticals plans to acquire Portugal-based drug manufacturer Generis Farmaceutica for about US$ 200 million.

Breakthrough cancer drugs all set for India launch

Mumbai: Two of the world's best known new generation cancer drugs, namely Opdivo from Bristol Myer Squibb and Keytruda from US based Merck, are all set to be launched in the In...

India seeks greater market access for pharma, marine products from Japan

New Delhi: India is seeking to expand trade with Japan by demanding greater market access for its pharmaceuticals and marine products and recognition of the Indian organic standard...