Policy & Regulations

Piramal Healthcare to raise Rs 10 bn in 6-8 months

January 7th, 2010|

Pharmaceutical major Piramal Healthcare is planning to raise Rs 1,000 crore (Rs 10 billion) in the next 6-8 months, a senior company official said here on Thursday.

Pfizer, Like Much of Big Pharma, Pushes Further Into Generics

January 7th, 2010|

The distance between Big Pharma and the generic drugs business keeps getting narrower. Under a deal with an Indian drugs shop Strides Arcolab, Pfizer will add some 40 off-patent drugs, including many cancer medicines, to the list of products it sells in the U.S. Here’s a statement Pfizer put out describing the deal.

Ranbaxy launches dermatological product ‘Lulifin’

January 5th, 2010|

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, Ranbaxy said.

Pharma cos see opportunity in India

January 5th, 2010|

The year had just begun, when Pfizer announced its $68-billion deal to acquire Wyeth, in January. On its heels came Merck & Co's $ 41-billion deal to acquire Schering-Plough Corporation, in March.

Govt to examine Suns breast cancer drug

January 5th, 2010|

The government will examine Sun Pharma’s post marketing surveillance studies (PMS) and clinical trials report of breast cancer medicine Letrox (chemical name letrozole) to decide whether the drug should be banned from being marketed, as an anti-infertility drug among young women.

Pharma deals in India: 2009 precursor to what 2010 holds

December 30th, 2009|

For the pharmaceutical sector, 2009 was a year when Indian manufacturing capabilities took centre stage. For the first time, global pharmaceutical giants like Pfizer and GlaxoSmithKline (GSK) came shopping for Indian manufacturers. Pharmaquest.biz recaps some of biggest inbound pharma deals this year.

Year 2009: A period of inaction in policy matters relating to pharma healthcare

December 30th, 2009|

Yet another year has also gone by. But the issues related to pharma and health sectors remain mostly unresolved, thanks to the lackadaisical manner in which the government looks at these issues. Several crucial files regarding policies and regulations related to these sectors are still stuck at various government departments with no sign of immediate disposal. The only silver lining on the otherwise gloomy horizon was the introduction of 'Transplantation of Human Organs Act, 1994' in Parliament at the fag end of the last session of Parliament.

Lupin eyes acquisitions to gain market share

December 28th, 2009|

Drug maker scouting for Indian companies specializing in therapy segments such as nephrology and urology

Drug firms seeking panacea

December 28th, 2009|

Many shifting focus to emerging economies in struggle to stay afloatMajor Japanese pharmaceutical makers are expediting projects to construct plants and expand sales channels in emerging economies, such as China and India.

2009 Cheers and Jeers for Pharma

December 25th, 2009|

Its pharma's turn to take center stage. Here's a look back at the highs and lows of what happened in 2009.

Top drug firms take in-licensing route to up sales

December 21st, 2009|

Leading Indian drug majors, such as Ranbaxy Laboratories, Dr Reddy’s Laboratories, Piramal Healthcare and Wockhardt, are in-licensing popular products from overseas drug makers to boost their domestic sales.

Outsourcing steroid for Indian pharma firms

December 20th, 2009|

Global multinational drug companies need to outsource manufacturing to low-cost destinations like India has turned out to be a boon for leading drug companies in India such as Ranbaxy, Cipla, Dr Reddy’s Laboratories and Aurobindo.

2009: The Year Pharma Learned to Love Itself

December 20th, 2009|

2007 was the year that pharma fell in love with biologics, but as the saying goes, you can't love someone else before you love yourself. 2009 was the year pharma fell in love with itself.

Top pharma cos step up R and D spending to boost presence in regulated, emerging markets

December 20th, 2009|

India's pharmaceutical sector has stepped up its research & development expenditure in a bid to capture a larger market share in highly regulated and emerging markets.

Cipla in talks to supply drugs to Germanys BI

December 15th, 2009|

German drugmaker Boehringer Ingelheim (BI) has started discussions with Cipla for a drug supply agreement that could see the Indian company supply generic drugs to the $17-billion German company for two of its drugs, including one of its best sellers. The Indian company is also discussing similar deals with other global pharma majors, said two persons familiar with the matter.

Modi asks pharma cos to focus on real research

December 15th, 2009|

“In this age of product-process patent and intellectual property rights, discovery of new drugs holds significance. Moreover, a social environment, under which the firms follow the rule at their own, should also be created. If this is not done, it will make way for the rise of holistic healthcare culture in India too,” said Gujarat’s Chief Minister Narendra Modi.

Pharms year of merger mania

December 14th, 2009|

Another year of change and consolidation in the pharma industry began with the announcement of two mega-mergers and a long-expected takeover – and ends with the fallout of those mergers beginning to bite.

GSK to continue M&As in emerging markets

December 10th, 2009|

British drugmaker GlaxoSmithKline says it will pursue acquisitions in emerging markets, but expectations of family-owned companies are ‘unreasonable’ and the company would not pay such a price.

Local firms must step up biologics play

December 9th, 2009|

Pure-play global biologics firms have long pleaded with the government for a tighter regulatory framework for approval of biosimilars in India. Companies like Amgen, Biogen and Genentech (now part of Roche) have some of the biggest successes in biological drugs and could be naturally worried about the way copied drugs are approved and sold in India.

Mylan sells stake in Concord Biotech

December 8th, 2009|

World’s second-largest generic drug maker Mylan, which held a majority stake in Ahmedabad based Concord Biotech through its subsidiary