TOP BUSINESS NEWS
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Torrent can stream in robust returns
Ahmedabad-based Torrent Pharma has been charting a steady growth trajectory over the past four quarters.
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Two steps forward
Enforcing medical ethics a long journey
The Medical Council of India (MCI) has taken a further step in improving ethical standards in the medical professional by quantifying punishments (after bannin...
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Bayer Schering Pharma to Invest Heavily in Asia
German pharmaceutical giant Bayer Schering Pharma AG said Friday it will invest heavily in Asia by doubling its sales team in India and tripling its workforce in Vietnam and that it plans to increase ...
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European calls for green pharma framework
A recent report raises awareness of the impact of pharmaceuticals in the environment. Experts from science, industry and the state sector have drawn up a series of proposals for actions that need ...
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India will be Pharma giant: Expert
Though India is on a race with China for the volumes it can produce to meet the demands of the pharma industry, value addition and knowledge will help the country grab the number one position, B Sivat...
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GSK Pharma bets big on India
India is a key focus area for big pharma players and so global major GlaxoSmithKline, too, has plans to expand in the country, both organically and inorganically.
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India likely to start swine flu vaccination next week
India is 'most likely' to administer imported swine flu vaccine to the high risk groups from next week, a senior health ministry official said Wednesday.
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GE Healthcare expands production in India, in talks with pharma majors to market its medical systems
In a major effort to offer the Indian healthcare market high quality and affordable advanced medical equipment, GE Healthcare has expanded its manufacturing operations to produce Hi-Speed Dual slice C...
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Local pharma can and should step up outsourcing play
In the late nineties, when big pharmaceutical companies starting feeling the burden of over-sized research units in the face of a dwindling pipeline of molecules, they started looking at ways to sourc...
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Pune's swine flu vaccine 'Fluvac' to hit market in April-May
Pune-based Indian medical firm The Serum Institute of India (SII) announced Monday that their swine flu vaccine 'Fluvac' would be available in the market by April-May 2010.
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EVENTS
 As part of a series of measures to counter the multinational companies'(MNCs) propaganda against the Indian generic drugs in the African countries, the Union Commerce Ministry will soon embark on... Readmore |
 HarNeedi.com, India’s No. 1 job portal for Healthcare and Pharma industry, will be organizing an exclusive ‘Healthi Job Fair 2010’ for Healthcare and Pharma 'Healthi Job Fair 2010' at the... Readmore |
 Pharmintech, the international exhibition for technology, materials and services for the processing and packaging of pharmaceutical, personal care and nutraceutical products is scheduled to take place at BolognaFiere from May... Readmore |
 Momentum is building for the early December staging in Mumbai of the third CPhI India and second P-MEC India pharma ingredients, services and technologies event. A combined total of over... Readmore |
 The fourth edition of the biotechnology investor forum, BioInvest 2009, organized by The Association of Biotechnology Led Entrepreneurs (ABLE) will be held in Mumbai on November 5. The event has... Readmore |
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BIOTECHNOLOGY
 Bangalore-based biopharmaceutical start-up Biovel Lifesciences is looking to exit from the life sciences space and is keen for an early outright buyout. Biovel has been in dialogue with several companies... Readmore |
 Sanofi-aventis, the world's leading vaccine manufacturer, officially launched the construction of a new Sanofi Pasteur vaccine manufacturing centre in Neuville-sur-Saône, France. Readmore |
 The pharmaceutical and biotechnology industry is in the process of consolidating and down-sizing while trying to maintain R&D productivity. Small and medium-sized companies are trying to make the most... Readmore |
 Last year, the Biotech industry as a whole achieved much better performance than the market. Both the NASDAQ Biotech Index and AMEX Biotech Index outperformed all three major market... Readmore |
 Lupin Ltd, one of the top five domestic pharmaceutical companies, plans to revamp its drug research programme and foray into novel biotech and reverse engineering of biotech drugs (or biosimilars).... Readmore |
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More in: Biotechnology
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DEAL WATCH
Torrent Pharmaceuticals has signed a supply and licensing agreement with the UK based drug maker AstraZeneca. AstraZeneca, a $32.8-billion enterprise, is the second biggest drug maker in the UK and... Readmore |
 Global pharma giant GlaxoSmithKline (GSK) is open to making acquisitions in India, Andrew Witty, chief executive officer said on Monday.
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 The acquisition by Merck KGaA, the world’s oldest pharmaceutical company, of US-based life sciences company Millipore Corporation, would create a business worth close to Rs 900 crore in India for... Readmore |
 Pharma firm Strides Arcolab today said it has entered into an agreement with South Africa-based Aspen to acquire the latters facility in Brazil for $75 million (nearly Rs. 343 crore).... Readmore |
Valeant Pharmaceuticals International has entered into an agreement with Spear Pharmaceuticals, Inc. for rights to commercialize Refissa, a prescription-based topical tretinoin cream used to diminish fine wrinkles and fade irregular... Readmore |
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More in: Deal Watch
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COMPANY PROFILES
1.Indian Institute of Toxicology - Indian Institute of Toxicology (IIT) is one of the pioneers, independent Contract Research Organization (CRO) engaged in toxicology and has been in the business for the past 25 Years. The institute is committed to excellence, which is borne out of a State-of-art infrastructure & technical skills in the field of Toxicology Studies.... [English]-[French]-[Spanish]
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EMERGING MARKETS
 AstraZeneca lifted the veil a bit today on its plans to become a bigger player in emerging markets, saying sales in those those countries will double to account for about... Readmore |
 Acquisitions and alliances are a way to grow for most global pharma companies in India – a key country in emerging markets. But they know, to grow their portfolio here,... Readmore |
 Mid-size drugmaker Elder Pharmaceuticals is increasing its stake in its Bulgarian subsidiary Elder Biomeda to 61% from the current 51% for around $12 million, people familiar with the matter said.... Readmore |
AstraZeneca is boosting its presence in emerging markets through its first branded generics supply deal, with India's Torrent Pharmaceuticals, mirroring similar tie-ups by other Big Pharma groups.
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 The collapse of the property market has left the economy with a huge hole that will be difficult to fill. One of the few sectors that offers hope of growth... Readmore |
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More in: Emerging Markets
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PRODUCTS
 Caraco Pharmaceutical Laboratories Ltd, a unit of Sun Pharmaceutical Industries Ltd, said late on Thursday it has launched the generic version of anti-cancer drug oxaliplatin in injection form in the... Readmore |
 Its breast cancer drug, Albupax, will have to clear quality tests at government labs before it can re-enter the market.
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 Pharma major Ranbaxy Laboratories today said it has launched a new dermatological product Lulifin in the Indian market. This follows a strategic in-licensing agreement with Summit Pharmaceuticals International Corporation, Japan,... Readmore |
 DR REDDY’S Laboratories plans to buy brands in Russia and introduce new products in India as it plans to scale up businesses in key emerging markets, a top company executive... Readmore |
 Pharma major Ranbaxy Laboratories Limited today said it will launch a generic version of the urinary disorder treatment, Flomax, next year. Readmore |
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FEATURED ARTICLES
 Indian Pharma Companies Eye High Potency API Market Pie
The Indian Active Pharmaceutical Ingredient (API) Industry is fast developing though many challenges exist as it....[English]-[French]-[Spanish] Indian Biogenerics Firms Poised to Storm Western Markets
With blockbuster first-generation biotherapeutics developed in the West are losing patent protection, Indian biopharma...[English] [French] [Spanish]
CLINICAL TRIALS
 Cadila Pharmaceuticals’ plan to indigenously develop Influenza A HINI (swine flu) vaccine in collaboration with US-based Novavax is likely to be delayed as the government has shown caution in giving... Readmore |
 Pharma major Dr Reddy’s Laboratories Ltd., (DRL), on Monday, announced results from the first phase III trials of its chemical entity, Balaglitazone, an insulin sensitizer used in the treatment of... Readmore |
Pharma major Dr Reddy's Laboratories (DRL) is gearing up for taking its new anti-cholesterol drug to Phase II trials. Readmore |
 GE Healthcare announced the launch of FTA DMPK cards for the collection and storage of blood samples for use in pharmacokinetic and toxicokinetic (PK/TK) studies. Readmore |
 Ecron Acunova, a full-service clinical research organization (CRO), with offices across Europe, India and the US, has strengthened its Eastern European presence further by opening a new office in Moscow.... Readmore |
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HEALTH CARE WATCH
Rheumatoid arthritis sufferers in England and Wales will gain access to an extra drug through the NHS to combat the condition.
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 Franchise India Holdings limited in association with Francorp and Medium Healthcare Consulting Pvt Ltd has organized a two day workshop on Business of Healthcare, Wellness and Beauty at Taj Lands... Readmore |
 Painkillers may help relieve pain, but as with most things, too much of the drugs is bad for health. Some learn it the hard way. Readmore |
 In what seems to be an alarming situation for the national health, India ranks highest in the list of Tuberculosis (TB) inflicted countries worldwide, as unveiled by the Union Ministry... Readmore |
 India's healthcare sector is expected to grow at 23 per cent annually to become a $77-billion industry by 2012, according to a recent report. Readmore |
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More in: Doctors Speak, Health Insights
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FDA
 Aurobindo Pharma today said it has received a tentative approval from the US drug regulator for manufacturing and marketing of its Nevirapine tablets, used in the treatment of HIV infections.... Readmore |
 Dishman Pharmaceuticals & Chemicals Ltd, a contract research & manufacturing services (CRAM) major, received the US Food and Drug Administration (USFDA) nod for producing Active Pharmaceutical Ingredients (API) at its... Readmore |
 Drug firm Sun Pharmaceutical Industries on Wednesday said that its subsidiary, has received US Drug regulator approval for anti-hypertension drug. Readmore |
 US-based Zydus Pharmaceuticals, a subsidiary of Zydus Cadila, has received final approval from the US Food and Drug Administration (USFDA) to market Ramipril tablets, in the strengths of 1.25 mg,... Readmore |
 Pharma major Wockhardt Tuesday got the US Food and Drug Administration's (USFDA) tentative approval for marketing Tamsulosin Hydrochloride capsules. Readmore |
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