Pharmaceutical Industry News

UBM India to bring international pharma event to Hyderabad

admin — Tue, 11 Jun 2013 05:28:19 +0000

NEW DELHI: UBM India is planning to organise an international pharmaceutical expo in Hyderabad sometime next calendar year, according to UBM India managing director Joji George.

UBM India is a part of London Stock Exchange-listed media business company UBM plc.

US-based Eli Lilly plans to expand in India

admin — Tue, 11 Jun 2013 05:25:56 +0000

NEW DELHI: US-based pharmaceutical major Eli Lilly and Company expects to be among the top 20 drug makers in India by 2020 by strengthening its presence in core segments like diabetes, oncology, cardiovascular and neuro sciences.

'Ranbaxy issue a wake up call for Indian pharma industry'

admin — Tue, 11 Jun 2013 05:14:26 +0000

NEW DELHI: The recent Ranbaxy issue for violating drug manufacturing norms is "a wake up call" for Indian pharmaceutical industry, according to Biocon Chairman and Manging Director Kiran Mazumdar-Shaw.

'Rising mercury can affect quality of medicines'

admin — Mon, 27 May 2013 06:49:21 +0000

New Delhi: Extreme heat can affect medicines and these can become life threatening for those using them, doctors said recently.

Indian pharma cos filed 417 DMFs in US during 2012

admin — Mon, 27 May 2013 06:42:50 +0000

NEW DELHI: Indian pharmaceutical companies filed 417 Drug Master Files (DMFs) with the US FDA during the year 2012 as against 404 DMFs in the previous year.

This shows that the API segment is spreading its presence in market with higher filings.

Lupin plans to launch 20-25 products every year into US market

admin — Mon, 13 May 2013 08:16:45 +0000

NEW DELHI: Drug major Lupin Ltd likely to launch 20-25 products in the American market every year in the next couple of years. Lupin is the fifth largest generics player in the US market.

India should become leader in low-cost vaccines by 2020: Kalam

rimme — Fri, 19 Apr 2013 06:40:21 +0000

SOLAN: India must become the leader of low-cost vaccines for HIV, cancer and Malaria, and further target producing 20 per cent of world generics drugs by 2020, the former President A P J Kalam said.

Pharmexcil to open warehouses overseas to boost small phrama firms

rimme — Tue, 16 Apr 2013 07:31:38 +0000

MUMBAI: In an attempt to boost export business of small and medium pharma firms, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) has announced its plans to set up warehouse facilities in Latin America, Africa and Europe.

The warehouse facilities would be opened under the 'Brand India Pharma' campaign.

'Homoeopathy emerging as effective mode of treatment'

rimme — Mon, 15 Apr 2013 11:47:17 +0000

KANPUR: The homoeopathic clinics have witnessed a rise in the recent year with the clinics getting large number of patients. According to the data provided by the district homoeopathy authorities, the clinics have doubled in the past five years.

There were nearly 450 clinics till 2006, the number hae now moved up to over 1,000.

ICRA projects positive outlook for pharma sector

imart5 — Fri, 12 Apr 2013 12:30:03 +0000

Summary:

MUMBAI: Credit rating agency ICRA has said that pharmaceutical companies in India will benefit from improvement in the domestic market as well as positive trends in the generic drugs segment.

WHO approves India's vaccine regulatory system

gopi — Wed, 10 Apr 2013 06:14:10 +0000

Summary:

New Delhi: In a major relief to vaccine industry, the World Health Organization has approved India's vaccine regulatory system for maintaining international standards. This step opens the way for easy export of vaccines produced in the country.

Govt extends deadline for pharma barcodes on primary level package

imart5 — Tue, 09 Apr 2013 08:41:43 +0000

Summary:

NEW DELHI: Pharma companies have time until July 2014 to affix barcodes on primary level packaging. The Directorate General of Foreign Trade (DGFT) deferred the deadline by a year from the erstwhile limit of July this year.

NEW DELHI: Pharma companies have time until July 2014 to affix barcodes on primary level packaging. The Directorate General of Foreign Trade (DGFT) deferred the deadline by a year from the erstwhile limit of July this year.

Nagaland hospitals to provide generic drugs, says Minister

rimme — Wed, 03 Apr 2013 12:37:29 +0000

KOHIMA: Work is going on towards making generic medicines to be accessible in all the hospitals, the Nagaland Minister for Health and Family Welfare Imkong L Imchen stated.

Companies need to tackle patent issues: Swiss envoy on Novartis issue

gopi — Wed, 03 Apr 2013 07:35:04 +0000

Summary:

New Delhi: A day after India's Supreme Court dismissed Swiss pharma firm Novartis AG's petition for patent for its anti-cancer drug, the Swiss envoy on Tuesday said concerns related to patents need to be tackled by companies and a market of 1.2 billion people cannot be ignored.

Maharashtra govt to set up chemotherapy centres in rural areas

rimme — Wed, 03 Apr 2013 07:14:41 +0000

Summary:

MUMBAI: In an attempt to fight cancer effectively, the government of Maharashtra will be setting up day care chemotherapy centres in rural parts of the state, Health Minister Suresh Shetty told the state Legislative Council.

Novartis loses patent battle on cancer drug in India

gopi — Tue, 02 Apr 2013 05:17:43 +0000

Summary:

NEW DELHI: India's apex court recent ruling on Novartis patent issue was lauded by many health experts and activists, as the Supreme Court on Monday dismissed Swiss pharma giant Novartis AG's petition seeking patent protection for its anti-cancer drug Glivec (Imatinib Mesylate).

'Singapore garnering Indian IT, pharma investments'

rimme — Mon, 01 Apr 2013 12:20:31 +0000

Summary:

SINGAPORE: Singapore is garnering more and more investments from India from pharmaceutical as well as IT sector.

Gulf countries eyeing Indian investment in pharma sector: Report

gopi — Mon, 01 Apr 2013 11:52:21 +0000

Summary:

DUBAI: With an eye to get benefit from India's experience in the generics segment, a number of Gulf Cooperation Council (GCC) nations are looking at investments from Indian pharmaceutical companies, says a report by investment bank Alpen Capital.

Govt hospitals to offer free medical testing on April 7 in Rajasthan

gopi — Sat, 30 Mar 2013 11:57:48 +0000

Summary:

JAIPUR: Government of Rajasthan is ready to introduce free medical testing scheme on World Health Day in all medical colleges, district, sub district and satellite hospitals in the state.

MIT, DBT partnership for translational biomedical research: Jaipal Reddy

gopi — Sat, 30 Mar 2013 05:30:59 +0000

Summary:

NEW DELHI: Massachusetts Institute of Technology (MIT)-Department of Biotechnology (DBT) partnership currently in operation to develop programs to support and promote ongoing translational biomedical research efforts in India, said S. Jaipal Reddy, Union Minister, Ministry of Science & Technology, at an Assocham event held in New Delhi.