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Cabinet Committee on Economic Affairs nod to over Rs 4,000 cr foreign investment in 2 pharma cos
Wednesday, April 08, 2015The Cabinet Committee on Economic Affairs on Tuesday approved two significant foreign investments in the pharmaceutical sector leading to investment worth Rs crore in Aurobindo Pharma and Glenmark Pharmaceuticals Aurobindo Pharma which is engaged i...
Tonghua Dongbao Pharma to invest 367.2 mln yuan in insulin project
Wednesday, April 08, 2015Tonghua Dongbao Pharmaceutical Co Ltd Says plans to invest million yuan million in insulin project reuterscom
UAE drug distributor building a $20M plant in Dubai
Wednesday, April 08, 2015Both domestic and Western drugmakers have decided the time is right to have production in the Middle East a market with growing demand that has been short on local drug manufacturing Now a distributor established there is jumping into the manufacturi...
Bristol-Myers invests in Dutch Company uniQure to co-develop gene-therapy medicines
Tuesday, April 07, 2015BristolMyers Squibb Co agreed to invest in and codevelop genetherapy medicines with the Dutch company uniQure NV reflecting surging interest among major pharmaceutical companies in the treatment strategy Under the agreement BristolMyers will have ex...
Glenmark Pharmaceuticals gets USFDA nod for post-menopause osteoporosis drug
Tuesday, April 07, 2015Glenmark Pharmaceuticals today said it has received the final approval from the United States Food and Drug Administration USFDA for sale of drugs meant to prevent postmenopause osteoporosis The approval for sale of Norethindrone Acetate and Ethinyl...
Ireland's Health Minister Leo Varadkar gives deadline to pharmaceutical companies to reduce prices
Monday, April 06, 2015The Health Minister Leo Varadkar has given a deadline to pharmaceutical companies to lower the prices they charge the state In an interview with the Sunday Business Post the Minister said drug manufacturers will have to agree to cut their prices by...
Takeda Pharmaceutical Company opens new UAE office in Dubai
Monday, April 06, 2015Takeda UAE a unit of Japanbased Takeda Pharmaceutical Company has inaugurated its new UAE office located at Tecom IRise Tower Dubai amid ambitious expansion plans for the Middle East region Speaking at the inauguration ceremony Danilo Cassani Takeda...
Australian pharmaceutical industry calls for government bailout as exports slump more than 30 percent
Saturday, April 04, 2015Australias pharmaceuticals industry is calling for a government bailout as advocates claim billions of dollars are being lost to overseas markets and figures show exports have slumped by more than per cent since Advocates claimed the global market...
Covance and Sihuan Pharma partner on portfolio development
Thursday, April 02, 2015LabCorps Covance and Shandon XuanZhu a subsidiary of Chinese RD firm Sihuan Pharmaceutical have announced a partnership on preclinical and clinical portfolio development As part of the alliance Covance will support the global development of Sihuan P...
Merck Serono, MVV to develop potential antimalarial therapy
Thursday, April 02, 2015Merck Serono has signed an agreement with Medicines for Malaria Venture MMV to secure the rights to MMVs investigational antimalarial compound DDD DDD was developed as part of a collaboration between MMV and the University of Dundee Drug Discovery U...
