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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 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.

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.

Pharma cos to witness 26% core sales growth in Q3: BoAML

Last Updated: Sunday, January 12, 2014, 15:05

BoAML said it sees strong base business growth at Sun, Dr Reddy, Lupin and Aurobindo Pharma.

KKR to acquire minority stake in Gland Pharma for $200 million

Last Updated: Thursday, November 28, 2013, 14:26

Gland Pharma Limited, a city- based generic injectable drug maker, Thursday announced it has reached an agreement for selling a minority stake to KKR, a leading global investment firm, for about USD 200 million.

Govt may review FDI policy in pharma, housing today

Last Updated: Thursday, November 28, 2013, 12:26

The Cabinet would also deliberate on the stand to be taken by India in the forthcoming WTO meet in Bali between December 3-6.

Govt may review FDI policy in pharma, housing tomorrow

Last Updated: Wednesday, November 27, 2013, 18:54

The Cabinet is likely to take a decision Thursday on relaxing FDI norms for the housing sector and reducing foreign investment limit to 49 percent in rare and critical areas of the pharma segment.

Govt to review FDI policy in pharma sector on Monday

Last Updated: Friday, November 22, 2013, 20:20

Government will take up on Monday the issue of tightening FDI in existing pharmaceutical companies in the wake of concerns over multinationals taking over domestic drug makers.

New drug policy, regulations slowing down pharma growth: Report

Last Updated: Thursday, October 31, 2013, 15:14

Growth rate of the Rs 72,069-crore Indian pharmaceutical market has slowed down to 9.8 percent in 2013 as compared to 16.6 percent in 2012, says a report.

Unfair practices in pharma sector under CCI scanner

Last Updated: Wednesday, October 02, 2013, 13:34

Emphasising that pricing aspects of pharmaceuticals are critical for the general public, CCI Chairman Ashok Chawla has said that some cases of probe into alleged unfair practices in this space are in the "pipeline".

FIPB clears 6 pharma proposals worth Rs 855 cr

Last Updated: Monday, July 29, 2013, 23:18

The Foreign Investment Promotion Board (FIPB) Monday cleared six proposals envisaging investments of Rs 855 crore in the pharmaceutical sector, including one by Fresenius Kabi.