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Pharmaceuticals

Wockhardt gets warning from USFDA over Chikalthana plant at Aurangabad

Healthcare

27 November, 2013

Wockhardt gets warning from USFDA over Chikalthana plant at Aurangabad

In another setback to Mumbai-based generic drugmaker Wockhardt Ltd, it has received an import alert from US Food and Drug ......

Bafna Pharmaceuticals looking to raise capital; Mylan said to be among suitors

Healthcare

26 November, 2013

Bafna Pharmaceuticals looking to raise capital; Mylan said to be among suitors

Chennai-based small size drugmaker Bafna Pharmaceuticals Ltd is looking at various options to raise capital, as per a stock market ......

Pfizer consolidating Indian units, to hold 63% after merging Wyeth

Healthcare

25 November, 2013

Pfizer consolidating Indian units, to hold 63% after merging Wyeth

The world’s largest drug maker Pfizer is consolidating two public listed arms in India by merging Wyeth Ltd with Pfizer ......

Torrent Pharma in race for part of Elder Pharmaceuticals

Healthcare

22 November, 2013

Torrent Pharma in race for part of Elder Pharmaceuticals

Ahmedabad-based drugmaker Torrent Pharmaceuticals Ltd has submitted a non-exclusive bid to acquire certain businesses of Elder Pharmaceuticals Ltd, it disclosed ......

Cipla hikes stake in Quality Chemical to 51.05% for $15M

Healthcare

21 November, 2013

Cipla hikes stake in Quality Chemical to 51.05% for $15M

Cipla, through its wholly-owned subsidiary Meditab Holdings Ltd (MHL), has acquired an additional 14.5 per cent stake in Quality Chemical ......

Avesthagen Pharma signs pact with Elpen to distribute biosimilar

Healthcare

20 November, 2013

Avesthagen Pharma signs pact with Elpen to distribute biosimilar

Villoo Patell-promoted Avesthagen Pharma AG (APAG) has signed an agreement with Greek life science company Elpen Pharmaceuticals to distribute its ......

US-based Perrigo acquiring 15% stake held by local partners in Indian arm

Healthcare

19 November, 2013

US-based Perrigo acquiring 15% stake held by local partners in Indian arm

US-based OTC and generic pharmaceutical maker Perrigo Company is investing Rs 130 crore in its local arm to raise its ......

ChrysCapital-backed Ipca acquiring 50% of Avik for $1M

Healthcare

18 November, 2013

ChrysCapital-backed Ipca acquiring 50% of Avik for $1M

ChrysCapital-backed pharmaceutical major Ipca Laboratories Ltd is acquiring 50 per cent of Gujarat-based Avik Pharmaceuticals Ltd for Rs 6.51 crore ......

Sun Pharma Q2 net profit quadruples; raises revenue growth outlook

Healthcare

14 November, 2013

Sun Pharma Q2 net profit quadruples; raises revenue growth outlook

Sun Pharmaceuticals Ltd, the country’s largest drug-maker by market capitalisation, posted strong revenues and a four-fold increase in net profit ......

GSK Pharma's profit tumbles amid drug price row

Healthcare

11 November, 2013

GSK Pharma's profit tumbles amid drug price row

Drug maker GlaxoSmithKline Pharmaceuticals Ltd’s net profit tumbled by 33 per cent to Rs 100.9 crore for quarter ended September ......

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