Sunday August 24, 2014
While ONGC, CIL, HDFC Bank, SBI, ICICI Bank and Sun Pharmaceutical saw gains in their market-capitalisation (m-cap), TCS, RIL, ITC and Infosys suffered losses on the other hand.
Monday August 18, 2014
The government has extended the deadline to affix barcodes on mono cartons (ointments, eye/ear drops) by pharmaceutical companies to April 2015.
Wednesday August 13, 2014
India's top 20 pharmaceutical companies would increase capital expenditure by 40 per cent to more than Rs 50,000 crore by fiscal year 2018, credit rating agency Crisil said on Wednesday.
Cities | Reported by Sonal Mehrotra | Tuesday August 12, 2014
A day after NDTV's expose showed doctors in Delhi agreeing to prescribe drugs in exchange for kickbacks, Health Minister Harsh Vardhan said in Parliament that "unethical practices" will be urgently tackled and that "adequate action" will follow.
Monday July 21, 2014
The 'no-objection' from the two exchanges would allow the two companies to file with the High Court for further clearance of the deal and marks one of the numerous regulatory approvals that Sun they need to consummate the transaction.
Sunday July 20, 2014
With the drug price control order (DPCO) coverage extending to almost 40 per cent of the industry, profitability in the domestic business of pharma companies is likely to come under pressure, according to rating agency Icra.
India | Written by Maya Sharma | Wednesday July 16, 2014
With spiralling costs of medicines becoming a major concern for the common man, the government now plans to bring down the prices of 108 drugs.
Offbeat | Press Trust of India | Monday June 16, 2014
An enterprising Chinese woman has turned her house into a breeding ground for 1,00,000 cockroaches and sending them to pharmaceutical companies to be used for making some Chinese medicines.
India | Reuters | Sunday May 25, 2014
The Andhra Pradesh High Court on Saturday lifted a temporary stay it imposed on generic drugmaker Sun Pharmaceutical Industries Ltd's $3.2 billion takeover of Ranbaxy Laboratories Ltd, a lawyer involved in the case said, paving the way for both compa...
Tuesday May 20, 2014
The incoming government led by Narendra Modi represents an 'excellent opportunity' for American industries to strengthen and rekindle their relationships with India, a leading US industry body has said.
Thursday May 8, 2014
Indian pharmaceutical exports to the US are expected to keep growing despite a spate of import alerts issued by the American drug regulator in 2013, according to a report by India Ratings & Research.
Sunday May 4, 2014
Amid American firms' allegations of patent norm violations against Indian pharmaceutical companies, domestic drug maker Cipla has said that "essential" medicines should be made available to people at affordable rates and not be sold under "monopoly".
Sunday April 6, 2014
A barcode helps in tracking and tracing the origin of drugs which in turn helps in minimising chances of genuine drugs being considered spurious, sub-standard or counterfeit.
Sunday February 16, 2014
Pharmaceutical sales in India are expected to rise by 14.4 per cent to $27 billion in 2016 from last year, but the life sciences and health care industry is up against challenges such as quality management and meeting global standards, consultancy fi...
Wednesday February 12, 2014
"Unfortunately, the many Indian companies that understand good manufacturing and quality processes have been overshadowed by recent lapses in quality at a handful of pharmaceutical firms," Hamburg, currently on an India trip, said in a blog posted on...
Wednesday February 12, 2014
The US Food and Drug Administration plans to conduct workshops across India in the next one year in order to sanitise the countrys pharmaceutical companies about the changing quality requirements in the American market.
Monday February 10, 2014
Shares of Indian pharmaceutical companies perceived as defensive gain on risk aversion after overseas investors sold Rs 267 crore worth of Indian shares on Friday, extending their selling streak to a seventh day, provisional exchange data shows, deal...
Thursday February 6, 2014
Global pharmaceutical firms are pressuring the United States to act against India to stop more local companies producing up to a dozen new varieties of cheap generic drugs still on-patent, sources with direct knowledge of the matter said.
Sunday January 12, 2014
Pharmaceutical companies may witness a core sales growth of 26 per cent in the third quarter of fiscal year 2014, according to a report by Bank of America-Merrill Lynch.
Sunday December 29, 2013
Implementation of the new pricing policy is likely to translate into weak domestic revenue generation for pharma companies in 2014, according to a report by global research firm Dun & Bradstreet.