Pharmaceuticals

Pharmaceuticals articles from Informachine.

Drug regulator finds samples of calcium supplement Shelcal 500 and antacid Pan D as spurious

27 Oct 2024

A routine inspection by the Central Drug Regulatory Authority of retail medical shops in select locations of Odisha

Merck pays $30 million upfront to acquire cancer therapy developer Modifi Biosciences

24 Oct 2024

US pharma multinational Merck has acquired Modifi Biosciences, a developer of new oncology drug molecules, for $30 million upfront and up to $1.3 billion

NPPA hikes ceiling prices of 8 essential drugs by 50%

16 Oct 2024

National Pharmaceutical Pricing Authority (NPPA) has approved a 50 per cent increase in the ceiling prices of 11 scheduled formulations of eight drugs

Novartis India refutes media reports of negotiations with Alkem Labs

27 Sep 2024

Novartis India, has refuted media reports stating that its parent company is in talks with Mumbai-based Alkem Labs for sale of the Indian arm.

Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal

27 Jul 2024

Mankind Pharma is acquiring Bharat Serums and Vaccines (BVS) from private equity firm Advent International in a deal valued at Rs13,630 crore.

AstraZeneca starts global recall of its controversial Covid 19 vaccine

08 May 2024

Days after admitting that its Covid 19 vaccine could cause blood clot in some people, British-Swedish pharmaceutical company AstraZeneca

Novartis to acquire US-based Mariana Oncology in $1.75 bn deal

03 May 2024

Swiss drug maker Novartis has agreed to acquire US-based Mariana Oncology in a deal worth $1.75 billion, as the company seeks advance the development of precision treatment for cancer.

Chinese industrial goods accounted for 30% of India’s 2023-24 imports: GTRI report

29 Apr 2024

China's share in India's industrial goods imports jumped to 30 per cent in 2023-24 from 21 per cent over the 15-year period between 2008-09 and 2023-24, as per a report published by Global Trade Research Initiative (GTRI).

Govt revamps technology upgradation scheme for pharma sector

13 Mar 2024

The union government on Monday announced a revamped scheme of assistance for technology upgradation in the pharmaceuticals sector – a move aimed at ensuring that Indian industries are on par with global standards.

Novartis announces strategic review of its India business

19 Feb 2024

Swiss pharma multinational Novartis AG has started a strategic review of its Indian arm, possibly with the intent of selling it off.

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