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Latest Articles in pharmaceutical

Novartis Pays $729 Million To Settle US Kickback Charges

The $678 million payout includes $591.4 million in damages to the U.S. government, a $38.4 million forfeiture for violating an anti-kickback statute and $48.2 million to U.S. states.

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India's Auto And Pharma Sectors Not Ready To Wean Off China

India imported around $70.3 billion of goods from China in the fiscal year to March 2019, and exported just $16.7 billion - its widest trade deficit with any country.

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Preventive healthcare is more than important in current times

Preventive healthcare is more than important in current times

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India Lifts Export Ban On Trump-Touted Drug Hydroxychloroquine

Manufacturers, except export-oriented units and those in special economic zones, would still have to supply 20% of their production to the domestic market,

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Cipla To Acquire 21.85 Stake In Goapptiv, Expand Reach In Small Towns

The cost of acquisition is Rs 9 crore -- Rs 5.8 crore in the first stage and Rs 3.2 crore in the second stage, Cipla said in regulatory filings at stock exchanges.

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Indian Firm Panacea Says Aiming To Make COVID-19 Vaccine

Panacea's shares jumped 20% in morning trading on India's National Stock Exchange after the news.

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AstraZeneca Contacted Gilead Over Potential Megamerger

Gilead, AstraZeneca and other drugmakers, including Eli Lilly and Co, Pfizer and Merck & Co, are racing to develop vaccines or treatments for COVID-19

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AstraZeneca Scores Twin Drug Approvals Alongside Vaccine Progress

AstraZeneca's manufacturing partner Oxford Biomedica said it had hired French pharma veteran Roch Doliveux as non-executive chairman as the gene and cell therapy company vies for major role in the vaccine.

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The Jab The World Awaits

Despite herculean efforts to contain spread of the novel coronavirus, the death toll is well over the 200,000-mark and there are over 4 million positive cases. The pandemic has stressed healthcare systems, pressured economies and is giving world leaders sleepless nights. The race to create a vaccine is on – the country that gets there first stands to not only gain monetarily but also in prestige.

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Wockhardt's Profitability For Q4 Improves To Rs 48 Crore

The earnings before interest, taxes, depreciation and amortisation (EBITDA) for the quarter showed an improvement from Rs 34 crore to Rs 37 crore.

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PM Modi Chairs Meeting Of Task Force On Coronavirus Vaccine, Drug Discovery; Over 30 Vaccines In Different Stages Of Development

It said over 30 Indian vaccines are in different stages of corona vaccine development with a few going on to the trial stages.

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Wellthy Therapeutics Announces A $4 Million Financing Round Led By Saama Capital

Wellthy Therapeutics works with leading insurance, pharmaceutical, medical device companies and large hospital systems to deliver clinically-validated digital therapies

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Aurobindo Pharma's $1 Billion Deal With Novartis Unit Sandoz Collapses

This decision was taken as approval from the US Federal Trade Commission for the transaction was not obtained within anticipated timelines

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India Likely To Soon Ease Some Drug Export Curbs After U.S. Pressure

Imports from India accounted for 24% of medicines and 31% of medicine ingredients to the United States in 2018, according to the U.S. Food and Drug Administration.

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India Calls For Affordable Access To Medicines, Easier Movement Of Health Professionals Across Borders

India has been a dependable and affordable source of efficacious and high quality medical and pharma products to nearly 190 countries around the world.

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