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Lupin to acquire US-based Gavis for USD 880 million

Lupin to acquire US-based Gavis for USD 880 million

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.

Lupin,   Acquisition of Gavis,   Gavis,   Drug company,   Largest pharmaceuticals market,   Latest Business News,  
Centre takes first step towards regulating medical devices

Centre takes first step towards regulating medical devices

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.

Regulating medical devices,   Medical device,   Draft policy,   Federal Department of Pharmaceuticals,   Pharmaceuticals,   Latest Business News,  
CCI imposes Rs 64 crore fine on GlaxoSmithKline, Sanofi

CCI imposes Rs 64 crore fine on GlaxoSmithKline, Sanofi

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.

CCI,   fine on GlaxoSmithKline,   Sanofi,   Competition Commission,   Drugmakers,   Pharmaceuticals,   Meningitis vaccine,   Haj pilgrims,   Latest Business News,  
FTC passes final order in USD 4 billion Sun-Ranbaxy deal

FTC passes final order in USD 4 billion Sun-Ranbaxy deal

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.

FTC ,   Sun Ranbaxy deal,   Sun Pharma,   Ranbaxy Laboratories,   Torrent Pharmaceuticals,  
Glenmark gets USFDA nod for post-menopause osteoporosis drug

Glenmark gets USFDA nod for post-menopause osteoporosis drug

07 Apr 2015

New Delhi: Glenmark Pharmaceuticals on Tuesday said it has received the final approval from the United States Food and Drug Administration (USFDA) for sale of drugs meant to prevent post-menopause osteoporosis.

Glenmark Pharmaceuticals,   USFDA,   post-menopause osteoporosis,   women osteoporosis,   osteoporosis drug,   latest news,  
Not linked to persons arrested by CBI in document leak case: HDFC Bank

Not linked to persons arrested by CBI in document leak case: HDFC Bank

13 Mar 2015

New Delhi: Private sector lender HDFC Bank on Friday denied any linkages with individuals arrested by the CBI for allegedly leaking official government documents and said that the charges against it were "baseless and untrue".

HDFC Bank,   Central Bureau of Investigation,   CBI,   Document leak case,   DLF,   IndusInd bank,   Glenkmark Pharmaceuticals,   BSE,  
 Cipla's arm Medi tab sells stake in Jiangsu for USD 18.5 million

Cipla's arm Medi tab sells stake in Jiangsu for USD 18.5 million

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).

Cipla,   Mauritius subsidiary,   BSE,   Jiangsu Cdymax Pharmaceuticals,  
Glenmark gets USFDA nod to sell generic blood pressure drug

Glenmark gets USFDA nod to sell generic blood pressure drug

26 Feb 2015

New Delhi: Glenmark Pharmaceuticals on Thursday  announced receipt of approval from the US health regulator to sell its generic version of AbbVie Inc's blood pressure drug Tarka in the American market.

Glenmark Pharmaceuticals,   sell generic blood pressure drug,   AbbVie Inc,   Tarka,   American market ,  
Chemicals from personal care products contaminate pools

Chemicals from personal care products contaminate pools

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.

pharmaceuticals,   Chemicals,   chlorine,  personal care products,   Swimming pool,  
 Glenmark gets shareholders' nod to raise up to USD 300 million

Glenmark gets shareholders' nod to raise up to USD 300 million

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.

Glenmark Pharmaceuticals,   Bombay Stock Exchange,   BSE,   foreign institutional investors,   FIIs,  

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