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Price controls: Pharma industry favours dialogue with govt

Last Updated: Sunday, August 10, 2014, 21:07

After failing to get a stay order from Delhi High Court on the latest round of drug price control order, the pharma industry has called for a dialogue with the regulators to resolve the row, saying such issues are best ironed out through dialogues than in court rooms.

Sanofi inks marketing pact with Emcure for cancer drugs

Last Updated: Wednesday, August 06, 2014, 13:21

Drug firm Sanofi has entered into a marketing and distribution agreement with Emcure Pharmaceuticals for its oncology portfolio in India.

Glenmark Pharma Q1 Net up 43.7% at Rs 184.8 crore

Last Updated: Thursday, July 24, 2014, 18:28

Glenmark Pharmaceuticals Thursday reported 43.7 percent jump in consolidated net profit at Rs 184.8 crore for the first quarter ended June 30, 2014.

Drugmaker Shire agrees to £32-bn takeover from AbbVie

Last Updated: Friday, July 18, 2014, 16:33

Shire Pharmaceuticals has accepted a £32-billion (USD54-billion, 40-billion-euro) takeover bid from AbbVie, the two companies announced on Friday, in a deal aimed at slashing the US giant`s tax bill.

Glenmark to set up first manufacturing facility in US

Last Updated: Thursday, July 17, 2014, 17:37

Glenmark Pharmaceuticals plans to set up its first manufacturing facility in the US at an estimated investment of over Rs 500 crore to cater to the North American market.

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.

Cipla inks pact to acquire 51% stake in Yemeni firm

Last Updated: Monday, June 30, 2014, 13:33

Cipla had completed the buyout of South African pharma firm Cipla Medpro for Rs 2,707 crore last year.

Indian, US generic firms launch 'Coalition for Affordable Care'

Last Updated: Thursday, June 26, 2014, 13:28

This was in order to maintain their market share and destroy competition, the Coalition for Affordable Care said in a media statement.

AbbVie urges Shire to enter takeover talks

Last Updated: Thursday, June 26, 2014, 02:39

US drugmaker AbbVie today said its 46 billion USD takeover bid for Shire Pharmaceuticals offered the Irish company a fat premium and the chance to become part of a global heavyweight.

Drugmaker Shire rejects 27 bn pound bid from US giant AbbVie

Last Updated: Friday, June 20, 2014, 15:30

Shire Pharmaceuticals rejected Friday a £27-billion informal bid from US giant AbbVie, arguing that it "fundamentally" undervalued the group, in the latest blockbuster deal to hit the global drugs sector.

Glenmark opens new manufacturing facility in Switzerland

Last Updated: Wednesday, June 04, 2014, 14:10

Glenmark Pharmaceuticals on Thursday opened a new manufacturing facility in Switzerland for supply of clinical trial material.

USFDA finds procedural lapses at Wockhardt's US facility

Last Updated: Tuesday, June 03, 2014, 17:57

The US Food and Drug Administration has found as many as 12 procedural lapses in drug maker Wockhardt's US facility in Illinois.