Shanghvi did not buy Daiichi Sankyo's shares: Sun Pharma
The company was clarifying on speculations that Sanghvi, who holds 9.61 percent stake in Sun Pharma, had bought shares when Daiichi Sankyo exited from the Indian firm.
Apr 22, 2015, 12:04 PM IST
Daiichi Sankyo to offload stake in Sun Pharma worth Rs 22,000 cr
Japanese drug maker Daiichi Sankyo Monday said it board has approved selling a part or entire 9 percent holding worth over Rs 22,000 crore in Indian drug major Sun Pharmaceutical.
Apr 20, 2015, 18:53 PM IST
Pharma shares fall; Sun Pharma top loser on Sensex
Pharma shares fell by up to 3.6 percent Thursday amid reports that global brokerage firm Bank of America Merrill Lynch has downgraded some of the drug firms.
Apr 09, 2015, 21:45 PM IST
Govt allows pharma companies to hike prices of 509 essential drugs
The government has allowed pharmaceutical companies to hike rates of 509 essential medicines used for treating various ailments like diabetes, hepatitis and cancer by 3.84 percent with effect from April 1.
Apr 08, 2015, 14:35 PM IST
Govt may set up new Ministry for pharmaceuticals sector
The government may establish a separate Ministry for the pharmaceuticals sector, which would comprise all departments that deal with issues related to the industry.
Mar 12, 2015, 15:20 PM IST
FIPB refers Rs 4,197 cr Glenmark, Aurobindo proposals to CCEA
The Finance Ministry Thursday referred the foreign investment proposals worth Rs 4,187 crore in pharma firms - Glenmark and Aurobindo - to the Cabinet Committee on Economic Affairs.
Feb 19, 2015, 21:15 PM IST
R&D activities in pharma may get tax boost in Budget
"There is an urgent need to boost R&D in the pharma sector. India is the hub of generic medicines. It contributes significantly to the country's total exports," the official added.
Feb 15, 2015, 11:05 AM IST
FDI medical devices policy to come into effect from Jan 21
Cabinet last month approved liberalising FDI policy for medical devices sector.
Jan 06, 2015, 15:56 PM IST
Govt approves 100% FDI in medical devices sector
Government allowed 100 percent FDI under automatic route in medical devices sector to encourage manufacturing of equipments, including diagnostic kits and other devices.
Dec 24, 2014, 15:42 PM IST
Cabinet approves 100% FDI for medical devices sector
Medical devices include wide range of products such as sutures, implants and surgical instruments.
Dec 24, 2014, 12:07 PM IST
Cabinet to consider easing FDI norms for medical devices biz
The Union Cabinet is expected to consider Wednesday liberalising foreign direct investment (FDI) policy for the cash-starved medical devices sector.
Dec 23, 2014, 21:11 PM IST
AstraZeneca-Ranbaxy drug settlement not anti-competitive
In a landmark judgement for pharma sector, a US jury has ruled that AstraZeneca's patent litigation settlement for blockbuster drug Nexium with Ranbaxy was not anti-competitive.
Dec 06, 2014, 22:57 PM IST
USFDA issues warning letter to Cadila Pharmaceuticals
The US Food and Drug Administration (USFDA) has issued a warning letter to Ahmedabad-based Cadila Pharmaceuticals for violating current good manufacturing practice norms at its Ankleshwar plant in Gujarat.
Nov 12, 2014, 17:50 PM IST
Govt clears 20 FDI proposals worth Rs 988 cr
The Finance Ministry has cleared 20 FDI proposals including 6 in the pharma sector envisaging a total inflow of Rs 988.3 crore.
Oct 24, 2014, 19:33 PM IST
Govt strips pharma pricing regulator's powers to cap non-essential drug prices
The government has stripped drug pricing authority NPPA of powers to cap prices of non- essential drugs after its recent order triggered industry protests.
Sep 23, 2014, 11:22 AM IST
Pharma industry needs to identify, retain talent: Experts
The domestic pharmaceutical industry, which has been growing at a steady pace, faces the challenge of identifying the right talent and retaining them for long-term, experts have said.
Sep 10, 2014, 21:33 PM IST
Pharma sector to continue growth in double digits: Moody's
The Indian pharmaceutical market will continue to grow in the double digits, representing a better growth opportunity than many other geographic markets, Moody's Investors Service says.
Aug 25, 2014, 16:06 PM IST
Govt extends deadline for pharma barcodes
The government has extended the deadline to affix barcodes on mono-carton (ointments, eye/ear drops) by pharmaceutical companies to April 2015.
Aug 18, 2014, 18:18 PM IST
Top 20 pharma companies' capex to surge by 40%: CRISIL
India's top 20 pharmaceutical companies would increase capital expenditure by 40 percent to more than Rs 50,000 crore by fiscal 2018, credit rating agency CRISIL said Wednesday.
Aug 13, 2014, 20:11 PM IST
Pharma trade can help boost Indo-Pak ties: Icrier
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.
Jun 19, 2014, 21:27 PM IST