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NUTRACEUTICAL FACTORY
FSSAI suspends licence of Dior Pharmaceuticals for violations at nutraceutical plantThe FSSAI has suspended Dior Pharmaceuticals' license due to serious violations. The nutraceutical factory operated with severely deficient...
Global, then local: How Vahdam India is aiming to scale revenues of Rs 500 cr by next yearFor Vahdam India, going global first was a deliberate move to capture a larger chunk of the pie by catering to a more evolved market, says ...
Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...
Symbiotec Pharmalab plans IPO to boost specialty pharma marketSymbiotec Pharmalab, a leading API manufacturer, is planning an IPO. The company targets a valuation of about $1 billion. The IPO aims to r...
Transition from agro to clean energy: 6 stocks from the sugar sector, 3 with upside potential of up to 30%It is important to know the reason why you are buying a stock – it has a direct correlation to the amount of time you may hold it. It is eq...
Lens on cos making drugs, supplements in same facility: Pharma body hopeful of a rethink on govt actionIn a recent diktat, the government said action will be taken against pharma units that are flouting the norms by manufacturing nutraceutica...
Pharma companies producing drugs, supplements in same unit under lensThe government, DCGI, and state authorities are cracking down on pharma units manufacturing nutraceuticals, health supplements, and drugs i...
Margin levels of our API to increase once we enter US biz: Amit Rajan, Bajaj HealthcareHowever, the pre-approved inspection has happened for one of the product where it will go to a big pharma para IV product and the supply wi...
ET Startup Awards 2023: String Bio bags the Top Innovator awardThe high-powered jury initially shortlisted biotech startup String Bio along with Info Edge Ventures-backed Brainsight AI, which is buildin...
ET Startup Awards 2023: Nominees for Top InnovatorThe award will recognise innovations that launch a business or give it a big boost. It should be an original idea that is core to the busin...
Animal-free protein maker Zero Cow Factory raises $4 millionThe funds will be used to accelerate the company’s research and development efforts, scale up production capacity and also obtain regulator...
Lifescience infrastructure development firm, RDB Shelters to jointly develop healthcare district in Bangalore“Spanning across five districts, the project comprises lab space modules and built-to-suit Flexi Factories catering to Biopharma, Medtech, ...
Carlyle set to acquire VLCC HealthcareThe buyout group is looking to take a 60-70% stake for about ₹2,000-2,500 crore ($250-300 million) through a primary infusion as well secon...
EID Parry Q4 results: Clocks standalone net at Rs 68.84 croreThe city-based Murugappa group company had registered net profit at Rs 129.18 crore during the corresponding quarter last year.
F&B companies want ‘essential’ pass to clear checkposts, reach youLarge foods and beverages companies including Britannia, Parle, PepsiCo, Dabur and others want the sector to be termed as an “essential ser...
Horlicks Technology: GSK & Steer Engineering settle IP issue out of courtGSK, in a statement, said: “Using STEER’s state-of-the-art technology, high quality extruders, and dedicated personnel, the project has bro...
Tata Chemicals is planning over Rs 800-crore capex this year, says CEO R Mukundan“In terms of business itself, this has been a quarter of strong market performance and strong market demand.”
Rival manufacturer accuses Bajaj Healthcare of tax evasionA company today accused Bajaj Healthcare of tax evasion amounting to several crores, a charge strongly denied by the latter.
VLCC to invest over Rs 300 crore in 3 years to fund expansionThe company, which has three factories located at Haridwar, Dehradun and Bangladesh, is also looking to set up a new facility in North East...
Warburg Pincus to pick 25% in Laurus Labs for $125-150 mnLaurus is a maker of active pharma ingredients for oncology and anti-retroviral drugs apart from specialty ingredients for nutraceutical in...