Indian healthcare market to hit US$ 372 bn by 2022

New Delhi: Healthcare market in India is expected to increase at a CAGR of 22 per cent to reach US$ 372 billion by 2022 on the back of increasing demand for affordable healthcare, ...

Torrent Pharma gets green nod for Rs 300 cr project

New Delhi: The Ministry of Environment, Forest and Climate Change has issued environment clearance certificate to Torrent Pharmaceuticals' proposal to establish a bulk drug man...

Torrent Pharma in advanced talks to buy Unichem's India business for Rs3,200-3,300 crore

Mumbai: Torrent Pharmaceuticals Ltd is expected to be in advanced talks with Unichem Laboratories Ltd to acquire their formulations business in India for Rs 3,200-3,300 crore (US$ ...

Govt readies policy to regulate online pharmacies

New Delhi: The Government of India is planning to is planning to set up an electronic platform to regulate online pharmacies under a new policy, in order to stop any misuse due to ...

Mankind Pharma gearing up to enter US, may start product filings in FY18

Mumbai: India's fourth largest drug company, Mankind Pharma Ltd is planning to enter the US market with product filings planned for 2018 and has already established a subsidiar...

OTC medicines: Drug advisory body gives in-principle approval

New Delhi: An in-principle approval for a new category of over the counter (OTC) medicine has been given by the Drug Consultative Committee (DCC), Government of India, to help save...

Govt plans bulk drugs parks, import curbs to boost manufacturing in India

New Delhi: In an attempt to revive the active pharmaceutical ingredient (API) and bulk drug market in India, the Government of India has proposed peak customs duty on the import of...

PE-VC investments in pharma grow 38% in H1

Ahmedabad: Private equity and venture capital (PE-VC) investments in the pharmaceutical sector have grown at 38 per cent year-on-year between January-June 2017, due to major deals ...