Pharmaceuticals
GlaxoSmithKline backs out of bidding for Pfizer’s consumer unit
23 Mar 2018
GlaxoSmithKline has pulled out of bidding for the consumer healthcare business of Pfizer, days after Reckitt Benckiser’s backed out
Delhi HC attaches Ranbaxy promoters’ assets to enforce Daiichi award
26 Feb 2018
The court issued warrants of attachment on the assets of Malvinder Singh and Shivinder Singh, including shares, moveable and immovable property, art as well as debts owed to Oscar Investments and RHC Holding besides asking the Singh brothers to disclose all their assets
Sun Pharma Halol unit gets 3 adverse notices from US FDA: shares rise
24 Feb 2018
Although the strictures will impact Sun Pharmaceutical’s US business, the bourses took a positive view with the company’s shares actually rising, as the number of observations has come from the earlier nine to just three
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
LyondellBasell to acquire A Schulman in $2.25 billion deal
16 Feb 2018
The combination doubles the size of LyondellBasell's existing compounding business and establishes a platform for future growth with reach into additional high-growth markets
