Aurobindo was scheduled to acquire the portfolio with an upfront purchase price of $900 million in cash
Policymakers and pharma companies will have to work together to speed up trials of new vaccines and legislate to ensure essential drugs and tests are affordable and available
The company has upgraded its manufacturing facility at Khatraj near Ahmedabad with Rs 30-crore investment
From FY15 to FY19, Indian manufacturers received fewer warning letters than Chinese counterparts
The trend is unlikely to reverse in the near term, say experts
Pharma players to meet DoP to discuss suggestions around implementing ethical marketing practices code
Indian companies have also been hit in their global business.
MNC stocks have outperformed local peers for the first time in over a decade and have also significantly outperformed the Nifty over the last 18 months.
Increased USFDA import alerts could be reason for finding alternative sites
The Telangana unit in question is an important one contributing about a fifth to US revenues
The ranitidine market in India is roughly around Rs 700 crore, with about 180 brands
Glenmark's capex for the first quarter of fiscal 2020 was Rs 190 crore, in line with its guidance
India has been demanding that China open its pharmaceutical market to Indian drugs as part of the efforts to lower the $57 billion trade deficit
As per the state FDCA commissioner, the state has benefited from the introduction of GST
Revenue from operations rose 28.1% year-on-year to Rs 5,444.6 crore during the quarter under review
India's share of ANDA approvals given by the US Food and Drug Administration (USFDA), too, has fallen from 43 per cent in fourth quarter (Q4) of 2018-19 (FY19) to 33 per cent in Q1FY20
The BSE Healthcare Index has fallen 10 per cent in the last one year
US inspectors cite Cadila Healthcare and Alkem Laboratories--both makers of valsartan--for quality-control failures.
Analysts point out that growth from product introductions has nearly halved over the last two years as the drug regulator has been more stringent about new combination drugs
India has over 5,000 Jan Aushadhi stores that cover a list of 800 plus drugs, both chronic and acute