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Stop step-motherly treatment to pharma sector in India: Cipla

Last Updated: Tuesday, July 08, 2014, 12:53

London Hailing the British government's efforts in encouraging research and development in the pharmaceutical industry, Cipla chairman Yusuf Hamied has said the "step-motherly" treatment given to this sector in India has to stop.

Bring policy to check API import from China: IPA to govt

Last Updated: Saturday, July 05, 2014, 17:01

The India Pharmaceuticals Association (IPA) urged the Finance Ministry to come up with a policy framework with regard to incentives to drug innovation and ease dependence on import of essential APIs (Active pharma ingredients) from China.

Pharma trade can help boost Indo-Pak ties: Icrier

Last Updated: Thursday, June 19, 2014, 21:27

Pharma sector, which has trade potential of USD 1.63 billion between India and Pakistan, can be an ideal area to improve bilateral relations, says a study by economic think-tank Icrier.

Cutting drug prices will deter firms from manufacturing: Shaw

Last Updated: Thursday, May 29, 2014, 19:58

Kiran Mazumdar Shaw raised concerns that the new government's intention to bring down prices of essential drugs could deter manufacturing of such medicines.

'Indian pharma cos face problems in US due to documentation'

Last Updated: Tuesday, May 06, 2014, 19:32

Problems faced by Indian drug makers in the US are not related with quality but more due to documentation and data maintenance, a senior government official said Tuesday.

Make essential drugs affordable for all: Cipla

Last Updated: Sunday, May 04, 2014, 15:24

Amid US firms' allegations of patent norm violations against Indian pharma companies, leading domestic drug maker Cipla has said that "essential" medicines be made available to people at affordable rates and should not be sold under "monopoly".

UK warns against 'dangerous' Indian medicines

Last Updated: Thursday, May 01, 2014, 19:05

A British minister has sought action against scientists in India and China who are allegedly producing dangerous new medicines called "legal highs" to be sold on UK streets.

Pharma exports slowest in 15 years, to miss target this fiscal

Last Updated: Thursday, April 24, 2014, 16:38

India's pharmaceutical exports registered slowest growth in at least 15 years at 1.2 percent to USD 14.84 billion last fiscal amid growing tension with the US over intellectual property rights related issues.

FDI in pharma doubled during Apr-Dec

Last Updated: Sunday, March 16, 2014, 15:34

FDI in drugs and pharmaceuticals was USD 589 million in the April-December period of 2012-13, according to the latest data of the Department of Industrial Policy and Promotion.

GlaxoSmithKline raises India unit stake to 75% via open offer

Last Updated: Monday, March 10, 2014, 16:01

UK-based GlaxoSmithKline Plc (GSK) Monday said it increased its stake in its Indian arm to 75 percent following the successful completion of a Rs 6,400 crore open offer.

GSK pays $1 billion to lift Indian unit stake to 75%

Last Updated: Monday, March 10, 2014, 14:46

GlaxoSmithKline said on Monday it had paid 64 billion rupees to increase its stake in its Indian pharmaceuticals unit to 75 percent, as it banks on rising demand for medicines in emerging markets.

India pitches for review of US pharma whistle blower policy

Last Updated: Thursday, March 06, 2014, 21:43

Taking up the case of domestic pharma sector with the US, India has pitched for review of America's whistle blower policy and lowering of registration charges to help Indian firms seek greater market access.