Pharma Industry News
A collection of Pharma latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bruck Pharma, Mumbai police and Fadnavis in late night fracas
Mumbai police summoned a director of Bruck Pharma, a Daman-based pharmaceutical manufacturing company that manufactures Remdesivir for questioning about a huge quantity of the drug stored in Mumbai. The person, who the police did not identify, was…
Pharma Cos cut Remdesivir prices
Drug companies like Cadila Healthcare, Dr Reddy's Laboratories and Cipla have cut the prices of their respective brands of remdesivir injection (100 mg/vial). According NPPA, Cadila Healthcare has reduced the price of its REMDAC (Remdesivir 100 mg)…
Glenmark Pharma arm files paperwork for IPO with market regulator
Glenmark Pharmaceuticals on Saturday said its wholly-owned arm Glenmark Life Sciences has filed preliminary papers for an initial public offer with market regulator Sebi. Glenmark Life Sciences has filed a Draft Red Herring Prospectus (DRHP) with…
Relief for Covid patients: Pharma firms slash Remdesivir prices after govt intervention
In a huge relief for lakhs of coronavirus patients, pharma companies have slashed the price of antiviral drug remdesivir which was being sold in the black market at exorbitant rates amid heightened demand in the wake of surging Covid-19 cases. Drug…
NPPA directs Cipla, Sun Pharma, others to reduce Remdesivir MRP
New Delhi: With the demands of Covid-19 drug Remdesivir shooting up, the National Pharmaceutical Pricing Authority (NPPA) has directed drugmakers including Cadila Healthcare, Cipla Limited, Dr Reddy's Labs and others to voluntarily lower prices of…
Indian pharma exports grow at 18% in FY21
Pharma exports from India witnessed over 18 per cent growth to $24.44 billion during the last financial year against $20.58 billion in FY20, Pharmaceuticals Export Promotion Council of India (Pharmexcil) said on Saturday. 'We have observed a big…
Indian pharma exports grow at 18 percent to 24.44 billion in FY 21
Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20, Pharmaceuticals Export Promotion Council of India (Pharmexcil) said on Saturday. “We have…
Eating thrown out food becomes latest food trend
On February 14, 2003, Mary Day's mother, Charlotte Houle, spoke to a Riley County Police detective in Kansas. Throughout the interview, Houle maintained that although she did not take steps to find her 13-year-old daughter, she had nothing to do…
Mumbai's Haffkine Bio-Pharma targets 22.8 crore Covaxin vials a year
PTI | Published: 17th April 2021 12:25 PM MUMBAI: After receiving permission to make Bharat Biotech's COVID-19 vaccine Covaxin, Mumbai-based Haffkine Bio-Pharmaceutical on Friday said it would take least at one year's time for the company to start…
Indian pharma exports grow at 18% to $24.44 billion in FY 21 from $20.58 bn
witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20, Pharmaceuticals Export Promotion Council of India (Pharmexcil) said on Saturday. 'We have observed a big leap in our exports in…
Philanthropic Monsters
In the annals of America's worst families, there are horrors to behold. Everyone knows the Trumps, and maybe the Mercers, who funded Breitbart News and Parler, the app where planning for the Capitol riot took place. Stephen Miller seems determined…
Glenmark Pharma's API arm files papers with Sebi to unlock value via IPO
Glenmark Life Sciences, the API (active pharmaceutical ingredients) vertical of leading drug maker Glenmark Pharmaceuticals has filed a DRHP (draft red herring prospectus) with market regulator, the Securities and Exchange Board of India (SEBI)…
Weak macro data, rising COVID-19 cases drag indices over 1%; pharma stocks buck the trend
The market slipped for the second consecutive week ended on April 16 amid mixed cues including weak macro numbers, better start of earning season and expectations of a normal monsoon. However, investors remained worried after restrictions by…
CIA chiefs give insight on the war on terror
The Sackler family, one of the wealthiest in America, has long been known as a patron of the arts, but only recently did their connections to Purdue Pharma become widely known. The company, which some blame for helping spark the opioid crisis, is…
Remdesivir black marketing in MP: Man arrested with 400 vials of antiviral injections
Published On 2021-04-17 07:43 GMT | Update On 2021-04-17 07:43 GMT Indore: A man associated with the pharma industry was arrested on Thursday for allegedly selling fake remdesivir injections in Madhya Pradesh's Indore city, police said. Acting on a…
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