Stay updated with the latest pharmaceutical-industry news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on pharmaceutical-industry topics.
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Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into t ...Read More >
New Delhi, Jun 29 (PTI) Torrent Pharmaceuticals on Sunday announced the acquisition of majority stake in J B Chemicals and Pharmaceuticals in a Rs 19,500 crore deal to become India's second most-valued pharma company. Torrent will acquire 46.39 per cent stake from the promoters for about Rs 11,917 crore. It would additionally buy another 2.80 per cent from certain employees of JB Chemicals at the same acquisition price of Rs 1,600 per share (about Rs 719 crore). Also Read | Indian Railways to ...Read More >
New Delhi, Jun 29 (PTI) Torrent Pharmaceuticals on Sunday announced the acquisition of majority stake in J B Chemicals and Pharmaceuticals in a Rs 19,500 crore deal to become India's second most-valued pharma company. Torrent will acquire 46.39 per cent stake from the promoters for about Rs 11,917 crore. It would additionally buy another 2.80 per cent from certain employees of JB Chemicals at the same acquisition price of Rs 1,600 per share (about Rs 719 crore). Post this, it would make an ope ...Read More >
NEW DELHI: ED Thursday said it had seized 60 liquor bottles, cars and details of at least 40 bank accounts operated by additional drug controller of Dharamshala, Nishant Sareen, and his associates during searches on his premises on June 22-23 in a money laundering case.ED has accused the officer of taking bribes from pharmaceutical companies by threatening them with actions. Sareen was arrested earlier for corruption when he was additional drug controller of Baddi in Himachal Pradesh but reinsta ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhish ...Read More >
Chandigarh: The Chandigarh zone of the Directorate of Enforcement (ED) on Thursday claimed to have seized two luxury cars worth Rs 32 lakh, and frozen 40 bank accounts and three bank lockers, linked to Himachal Pradesh assistant drug controller (ADC) Nishant Sareen and his associate, Komal Khanna.The duo is facing allegations of extortion and corruption. The ED also claimed to have seized documents incriminating Sareen and Khanna. The action came after ED raided seven residential and commercial ...Read More >
New Delhi, June 6: Indian and U.S. officials engaged in high-level trade negotiations here to arrive at an interim deal on tariff cuts, ahead of the July 9 deadline, have decided to extend their ongoing talks into next week, according to a senior official. India's negotiating team, headed by Additional Secretary Rajesh Agrawal, has held talks over two days with senior officials from the Office of the United States Trade Representative (USTR), who arrived in Delhi for weekend talks. "The two co ...Read More >
Mumbai, Jun 6 (PTI) The Enforcement Directorate on Friday conducted searches at the premises of actor Dino Morea, some BMC officials, and contractors among others, as part of a money laundering investigation linked to an alleged Rs 65 crore worth Mithi river desilting "scam", official sources said. The raids covered more than 15 premises located in Mumbai in Maharashtra and Kochi in Kerala. This includes the premises of Dino Morea in the Bandra (West) area of Mumbai, those linked to his brothe ...Read More >
Mumbai: Dr Reddy's Laboratories has entered into a collaboration with Reykjavik, Ireland-based biotech company Alvotech to co-develop, manufacture and commercialise a biosimilar version of blockbuster cancer drug Keytruda for the global markets. Keytruda (generic name is pembrolizumab), manufactured and marketed by Merck & Co, is the most successful medicine, recording worldwide sales of $29.5 billion in 2024. It is used to treat multiple forms of cancer. Under the terms of the agreement, both ...Read More >
New Delhi, June 5: A high-level US trade delegation has arrived in the national capital to move ahead on the negotiations for a Bilateral Trade Agreement (BTA) with India. The negotiators are aiming to finalise an interim trade deal ahead of the July 9 deadline that has been fixed by US President Donald Trump for the 90-day pause on new tariffs that were to be levied on Indian products. Negotiations are expected to continue after that for a broader trade deal to be signed in September-October. ...Read More >
New Delhi, June 5 (SocialNews.XYZ) A high-level US trade delegation has arrived in the national capital to move ahead on the negotiations for a Bilateral Trade Agreement (BTA) with India. The negotiators are aiming to finalise an interim trade deal ahead of the July 9 deadline that has been fixed by US President Donald Trump for the 90-day pause on new tariffs that were to be levied on Indian products. Negotiations are expected to continue after that for a broader trade deal to be signed in Sep ...Read More >
Mumbai, May 22 (PTI) Lincoln Pharmaceuticals on Thursday reported a net profit of Rs 11.62 crore for the March quarter of 2024-25 and said it is building a portfolio in lifestyle and chronic segments, particularly in women's healthcare and dermatology. The Ahmedabad-based company in a statement said that it focuses on expanding its global footprint by registering new products for export and also building a portfolio in lifestyle and chronic segments. The pharma company had reported a net profi ...Read More >
Kolkata: Assam minister of health and family welfare and irrigation Ashok Singhal wooed investors in Kolkata on Tuesday by offering a tailored approach for all their needs and highlighting the cultural affinity between West Bengal and the NE state. The Assam govt organised an investors' roadshow here ahead of its business conclave 'Advantage Assam 2.0: Investment and Infrastructure Summit 2025 next month. "Your problem is our problem. The state's innovative Alakata industrial policy offers a f ...Read More >
New Delhi, Dec 18 (PTI) Senores Pharmaceuticals Ltd on Wednesday said it has fixed a price band of Rs 372-391 per share for its Rs 582-crore initial public offering (IPO) that opens for subscription on December 20. The initial share-sale will conclude on December 24, the company announced. The Ahmedabad-based company's IPO is a combination of fresh issuance of shares worth Rs 500 crore and an offer for sale (OFS) of up to 21 lakh shares valued Rs 82.11 crore, by promoters and other selling sha ...Read More >
Mumbai: Indian frontline indices closed on a flat note on Wednesday as investors are waiting for November CPI (Consumer Price Index) data, which will be released by the government on Thursday. At closing, Sensex was up 16 points at 81,526 and Nifty was up 31 points at 24,641. The broader market trend was positive. On the Bombay Stock Exchange (BSE), 2143 shares closed in the green, 1,839 settled in the red and 113 shares closed without change. Among the sectoral indices, Auto, IT, Fin Service ...Read More >
NewsVoir Pune (Maharashtra) [India], December 6: Bajaj Finserv AMC has launched its latest offering, the Bajaj Finserv Healthcare Fund, which is available for subscription from 6th to 20th December 2024. This new fund is designed to capture the immense opportunities emerging in India's healthcare space, allowing investors to tap into the evolving megatrends while building wealth over the long term. The health and wealth connection As India's population grows and ages, the demand for healthcar ...Read More >
Bengaluru, Dec 3 (PTI) The Karnataka government on Tuesday requested the Drugs Controller General of India (DCGI) to investigate and take necessary action against a West Bengal-based manufacturer, amid concerns that recent maternal deaths in Ballari district, could be linked to substandard Ringer Lactate solution supplied by the company. In a letter, Karnataka Health Principal Secretary Harsh Gupta, drew the attention of the DCGI to the supply of several batches of "Compound Sodium Lactate I P ...Read More >
NEW DELHI, Dec. 3, 2024 /PRNewswire/ -- At PMEC 2024, ACG Inspection will be launching its groundbreaking Life Sciences Cloud - a complete end-to-end analytical and traceability solution which aims to deliver production quality, manufacturing efficiency and transformational supply chain traceability, which empowers our customers to create a healthier world. As the pre-eminent integrated service provider of oral dosage, producing capsules, encapsulation, tabletting, barrier packaging materials, ...Read More >
A pharmaceutical stock has hit the 20 percent upper circuit limit following the announcement of its plans to enter the real estate business. This move has sparked investor interest as the company shifts focus to a new sector. During Monday's trading session, the share price of Par Drugs & Chemicals Ltd locked a 20 percent upper circuit of Rs.348.45 per share, from its previous close of Rs.290.40 apiece. Over the past six months, the stock has delivered over 60 percent returns. Par Drugs and Ch ...Read More >
, /PRNewswire/ -- On , Fangzhou Inc. ("Fangzhou" or the "Company") (06086.HK), a leader in Internet healthcare solutions, hosted the "Data and AI: Decoding Digital Engagement" summit in , bringing together key representatives from leading Internet companies Tencent and Baidu (NASDAQ:BIDU), along with executives from over 30 leading pharmaceutical companies. They held in-depth discussions on strategies for driving user growth and enhancing business performance through innovative digital marketing ...Read More >
Hyderabad: The Telangana Drugs Control Administration has seized a huge stock of antibiotics worth Rs 1.33 crore from a manufacturing facility on Wednesday. The seizure was made for exporting products manufactured by other pharmaceutical companies to Russia falsely under their own name and for unauthorized packing of antibiotics. The company is located in Biotech Park, Karakapatla, Siddipet District. "Based on credible information, officials from the Drugs Control Administration conducted a r ...Read More >
Hyderabad (Telangana) [India], November 27 (ANI): The drugs-control-administration">Drugs Control Administration, Telangana, seized a huge stock of antibiotics worth Rs 1.33 Crores from a manufacturing facility on Wednesday. The seizure was made for exporting products manufactured by other pharmaceutical companies to Russia falsely under their own name and for unauthorized packing of antibiotics. The company is located in Biotech Park, Karakapatla, Siddipet District. According to a Drug contro ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per t ...Read More >
The Engineering, Procurement, and Construction (EPC) sector in India plays a pivotal role in infrastructure development, driving projects across sectors like energy, construction, transportation, and utilities. EPC companies handle the entire project lifecycle, from design and procurement to construction and commissioning. The sector has witnessed significant growth, fueled by government initiatives like the National Infrastructure Pipeline (NIP) and increased private investments. Major players ...Read More >
India's pharmaceutical industry, valued at $50 billion, is booming as a global leader in generic drugs. With significant exports to 200+ countries, India meets a substantial portion of global demand for affordable medicine. Challenges include regulatory hurdles and quality assurance, as the nation aims to expand its generic drug market. The Indian pharmaceutical industry, currently valued at $50 billion, is playing an increasingly crucial role on the global stage. Renowned as the 'pharmacy of t ...Read More >
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