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Pharmaceuticals

Dr Reddy's recalls some lots of heartburn drug in US

Healthcare

13 March, 2014

Dr Reddy's recalls some lots of heartburn drug in US

Generic drugmaker Dr. Reddy's Laboratories Ltd is recalling about 58,656 bottles of the heartburn drug lansoprazole in the United States ......

Big Pharma still betting on "messed up" Indian drugs market

Healthcare

12 March, 2014

Big Pharma still betting on "messed up" Indian drugs market

Global drugmakers have had a nauseous time in India's $14 billion market. Prices have dropped and valuable patents have been ......

Glaxo completes $1B open offer to raise stake in Indian pharma arm to 75%

Healthcare

10 March, 2014

Glaxo completes $1B open offer to raise stake in Indian pharma arm to 75%

British pharmaceutical giant GlaxoSmithKline Plc (GSK) has completed its voluntary open offer for the Indian pharma arm, spending around Rs ......

Sun Pharma eyes partnerships, acquisitions to enter Japanese market

Healthcare

06 March, 2014

Sun Pharma eyes partnerships, acquisitions to enter Japanese market

Sun Pharmaceuticals Industries Ltd, the country’s largest drugmaker by market capitalisation, is exploring opportunities to partner or acquire companies in ......

AstraZeneca seeks to delist Indian arm

Healthcare

04 March, 2014

AstraZeneca seeks to delist Indian arm

British-Swedish pharmaceutical firm AstraZeneca has made a voluntarily open offer to delist the Indian arm AstraZeneca Pharma India Ltd, according ......

HLL Lifecare acquires majority stake in Goa Antibiotics

Healthcare

25 February, 2014

HLL Lifecare acquires majority stake in Goa Antibiotics

HLL Lifecare Limited (HLL), a mini ratna public sector enterprise, has acquired 74 per cent stake in Goa Antibiotics and ......

Ranbaxy suspends shipment of drugs from two plants

Healthcare

25 February, 2014

Ranbaxy suspends shipment of drugs from two plants

Indian drug major Ranbaxy Laboratories Ltd has announced that it has temporarily suspended shipment from its two active pharmaceutical ingredients ......

GSK Pharma's $1B open offer starts on Tuesday

Healthcare

18 February, 2014

GSK Pharma's $1B open offer starts on Tuesday

UK-based GlaxoSmithKline Plc’s (GSK) open offer to raise its holding in its Indian arm GlaxoSmithKline Pharmaceuticals Ltd from 50.7 per ......

India's pharma sales to reach $27B by 2016: Deloitte report

Healthcare

17 February, 2014

India's pharma sales to reach $27B by 2016: Deloitte report

Despite challenges like drug price control, poor healthcare infrastructure, quality management and meeting global standards, Indian pharmaceutical sector will see ......

Teva, Ranbaxy settle claims in US over collusion

Healthcare

19 February, 2014

Teva, Ranbaxy settle claims in US over collusion

The New York Attorney General and the U.S. units of Ranbaxy Laboratories and Teva Pharmaceutical Industries have settled claims that ......

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