indian-pharma-sector - Latest News on indian-pharma-sector | Read Breaking News on Zee News

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.

'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".

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.

Govt retains 100% FDI in existing pharma units

Last Updated: Wednesday, January 08, 2014, 16:18

Government Wednesday decided to retain the policy of allowing 100 percent foreign investment in the existing pharma firms, brushing aside concerns about non- availability of affordable drugs in view of MNCs takeovers.

Hiring grows by 24% in recession-proof pharma sector

Last Updated: Sunday, October 27, 2013, 10:57

Amid continuing business expansion, hiring in India's pharmaceutical sector grew an estimated 24 percent in the current financial year and job creation may continue in the near future.

Indian pharma draws more scrutiny as US exports rise

Last Updated: Sunday, September 15, 2013, 08:59

India's drugmakers, battered by a rash of US regulatory rebukes including a record fine for Ranbaxy Laboratories, face closer FDA scrutiny as the agency ramps up its presence in the country.

FDI policy in pharma set for major overhaul

Last Updated: Friday, August 16, 2013, 17:57

The government is set to make major changes in the current FDI policy in the pharmaceuticals sector to protect domestic generic industry in the wake of increasing acquisitions of homegrown companies by foreign players.

US to hike fees for generic drugmakers; Indian firms to be hit

Last Updated: Sunday, August 11, 2013, 12:27

Many Indian drugmakers will soon have to bear higher costs for sale of products in American markets, as the US health regulator FDA is hiking the fees for generic drugmakers by up to 48 percent from October.

FIPB likely to defer FDI proposals in pharma sector

Last Updated: Thursday, July 04, 2013, 20:40

The Finance Ministry may defer 10 proposals for FDI in pharmaceutical sector that are listed to be taken up at the FIPB meeting Friday, as the government is yet to review foreign investment policy in existing Indian drug companies.