Granules India Ltd. has decided to divest its entire equity shareholding in its Chinese joint venture, Granules Biocause Pharmaceuticals. The latter is an equal joint venture...
Suyash Motarwar has been appointed as vice president-engineering, Ascent Health. The company provides a full-stack platform across warehousing, logistics, supplies, and credit to connect leading pharmaceutical...
Cipla’s net profit has increased by 6 percent during the June quarter to Rs 478.19 crore. The company had also posted a profit of Rs 451.25...
Cadila Healthcare Ltd. has reported a net profit of Rs 79 crore for the quarter ended June 2019, a sharp decline by about 75 percent from...
Sun Pharma Industries Ltd. has granted an exclusive license to a subsidiary of China Medical System Holdings Ltd. (CMS) to develop and commercialize seven generic products...
Lonza India with turnover of 100 million CHF (Swiss Franc) has set the target of doubling its turnover by 2024 with an estimated growth of more...
Cadila Healthcare’s manufacturing facility Alidac Pharmaceuticals Ltd. (Alidac), located at Pharmez, Ahmedabad, has received an establishment inspection report (EIR). The USFDA had conducted a pre-approval inspection...
Aurobindo Pharma Limited will invest up to USD 200 million on CapEx and over 5 percent of sale value on research and development (R&D) during the...
India Alternatives Investment Advisors Ltd. has invested up to USD 8 million for a significant minority stake in Brinton Pharmaceuticals Limited. Among the fastest-growing companies in...
The board of Alembic Pharmaceuticals has approved raising of up to Rs 300 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. The...
Natco Pharma expects India, Brazil, and Canada markets to be its revenue drivers during the current financial year, recording growth of 30 percent to 40 percent....
Lupin has initiated a nationwide voluntary recall of pneumonia antibiotic in the US after a complaint of metal piece in the bottle was received. In a...
GlaxoSmithKline (GSK) has secured approval from the US Food and Drug Administration (USFDA) for two new methods for administering Nucala (mepolizumab), an auto-injector and a pre-filled...
Novartis India has appointed Sanjay Murdeshwar as vice chairman and managing director of the company. Currently, he is Novartis’ country president in India and is responsible...
Merck Ltd. has been renamed as Procter & Gamble Health Ltd., following P&G’s global acquisition of the consumer health business of Merck KGaA, Germany. The company...
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