22 Jul 2016
New Delhi: India received USD 5.34 billion foreign direct investment in the first two months of the current financial year, Parliament was informed today.
22 Dec 2015
New Delhi: Glenmark Pharmaceuticals yesterday announced a patent litigation settlement with Forest Laboratories and Royalty Pharma Collection Trust over anti-depressant drug Savella.
12 Jun 2015
Mumbai: In the first effort to regulate an industry that covers everything from thermometers to prostheses, the government plans to set up a regulator to oversee country's USD 4 billion medical device industry.
23 Jul 2015
New Delhi: Drug major Lupin today said it is acquiring US-based Gavis for USD 880 million (over Rs 5,610 crore) to consolidate presence in the world's largest pharmaceuticals market.
10 Dec 2014
New Delhi: Drug major Cipla on Wednesday said its Mauritius subsidiary Meditab Holdings has signed a deal to sell its entire 48.22 percent stake in China-based Jiangsu Cdymax Pharmaceuticals for USD 18.5 million (over Rs 114 crore).
21 Mar 2015
Washington: US anti-trust regulator FTC has passed its final order settling charges that Sun Pharma's USD 4 billion deal to acquire Ranbaxy Laboratories could result in unfair business practices.
06 Jun 2015
New Delhi: Competition Commission of India (CCI) has slapped a penalty of Rs 64 crore on drugmakers GlaxoSmithKline Pharmaceuticals and Sanofi for collusive bidding in supply of a meningitis vaccine to the government for Haj pilgrims.
07 Jan 2015
Washington: A new study suggests that apart from urine, pharmaceuticals and chemicals from personal care products end up in swimming pools and may impact your health. These chemicals interact with chlorine to produce disinfection byproducts with unknown properties.
31 Dec 2014
New Delhi: Glenmark Pharmaceuticals has received shareholders' nod to raise up to USD 300 million (around Rs 1,890 crore) through issue of securities.
26 Aug 2014
New York: An Indian-origin researcher at Michigan Technological University has deciphered how Glycoconjugates-biomolecules that hold sugars in the body like scaffolds for reacting with other molecules, can lead to new and better drugs.