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Latest Articles in pharmaceutical

Aurobindo Pharma Q1 Results: Net Profit Dips By 32% To Rs 520.5 Cr; Revenue Grows 9.4%

In the Q1 FY23, US revenue increased by 10.8 per cent YoY to Rs 2,971.1 crore and accounted for 47.7 per cent of consolidated revenues and in USD terms

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Sun Pharma, Glenmark Recalling Products From US Due To Manufacturing Woes

As per the latest enforcement report by the US Food and Drug Administration (USFDA), a US-based unit of Sun Pharma is recalling 50,680 vials of Testosterone Cypionate Injection, used to treat low testosterone in adult males, in the American market

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Centre Announces Three Schemes For Pharmaceutical MSMEs

The scheme is aimed at creating a database of pharma and medical device sectors. Mandaviya asked the industry to keep upgrading in order to cater to evolving requirements across global markets

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HC Allows Sun Pharmaceuticals To Use Word 'Respules' In Interim Order

Passing interim orders, the judge said the evidence on record indicates prima facie that the word 'Respules' is used both by other manufacturers and by authorities such as the Director General of Health Services and the Drug Controller

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Sanofi Announces Global Health Brand With Non-profit Treatments

The treatments will be provided under the new Impact brand, part of Sanofi's global health unit launched last year, which sits outside the commercial business. The plan also includes the $25 million Impact fund, which will go towards supporting local start-up healthcare businesses and providing training on using the medicines, Sanofi said

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2 Delhi CGHS Doctors Suspended For Prescribing A Particular Pharma Company's Drug

According to official sources, the two chief medical officers - one posted at the CGHS dispensary in Shahdara and other one at Dwarka Sector 9 - were prescribing the drugs even though the same medicines were available at the CGHS central warehouse at affordable rates

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Innova Captab Files Preliminary IPO Papers With Sebi

Innova Captab is an integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing and exports

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Cipla Invests Rs 26 crore In GoApptiv For Raising Stake To 22 pc

Pharma company Cipla has agreed to acquire an additional stake for nearly Rs 26 crore in digital tech company GoApptiv Private to raise its shareholding to 22.02 per cent, the company said on Monday

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Pharma Perspectives, A Holistic Approach To Thrive In The Post Pandemic World

The Pharma industry, which was once apprehensive about adopting technologies, is now investing heavily to procure and provide state-of-the-art solutions, thus transforming the entire healthcare system.

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Cipla To Acquire 21 Pc Stake In Achira Labs

Pharma major Cipla Ltd on Friday said it will acquire 21.05 per cent stake for Rs 25 crore in Achira Labs Pvt Ltd, which is engaged in development and commercialisation of point of care (PoC) medical test kits in India. The company has signed definitive agreements with Achira Labs for the purpose, Cipla said in a regulatory filing

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Strides Pharma Recalls BP Treatment Medicine In US

As per the latest enforcement report by the US Food and Drug Administration (USFDA), the company, which is a unit of Bengaluru-headquartered Strides Pharma Science, is recalling 6,78,829 bottles of the blood pressure lowering drug in the US market

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Macleods Pharma, TBO, Others Get Approval For IPOs

These firms, which filed their preliminary IPO papers with Sebi between December 2021 and March 2022, obtained Sebi's observations during May 17-20, an update with Sebi showed on Monday

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Mandaviya Urges Pharma Industry To Make India A Manufacturing Hub

The minister spoke about the government's pro-industry reforms and efforts to make India the best investment destination in the world.

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India Allows Serum Institute To Enrol 7-11 Year Olds In Novavax COVID-19 Vaccine Trial

It has already administered more than 870 million doses to adults among its population of nearly 1.4 billion.

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Pharma and FMCG Stocks Drive Sensex, Nifty

The Sensex and Nifty bounced back higher after closing red in the previous session backed by gains in the Pharma and FMCG counters. The broader markets however outperformed the headline indices as the BSE Midcap registered a fresh record high in the morning deals.

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