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 ...

Indian pharma poised for US acquisitions

Mumbai: Indian pharmaceutical companies  are expected to make some key acquisitions in the US market in the short to medium term. "Indian companies are big participants a...

Indian pharma gets US FDA booster dose

Mumbai: The total abbreviated new drug application (ANDA) approvals given to Indian pharmaceutical companies by the US Food and Drug Administration (FDA) rose 45 per cent year-on-y...

1mg raises US$ 15 million in funding round led by HBM Healthcare

New Delhi: Indian online pharmacy and healthcare services company, 1mg Technologies, has raised US$ 15 million in a series C funding round from existing investor HBM Healthcare Inv...

Indian Pharma exports to USA may go up in 2017-18: Report

Hyderabad: The exports of Indian pharmaceutical industry to the US will get a boost in FY18, as branded drugs worth US$ 50 billion will become off-patented, according to a report b...

Samsung Biologics to manufacture Sun Pharma's new psoriasis drug

Mumbai: Sun Pharmaceutical Industries Ltd has entered into a long-term agreement worth US$ 55.5 million with South Korean company, Samsung Biologics, for manufacturing Tildrakizuma...

Telangana government to set up medical devices park, pharma city

Hyderabad: The Government of Telangana is planning to set up a medical devices park as well as a pharma city to facilitate the expansion of the existing pharmaceutical and drug man...