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- Indus Media to launch $50 million fund by SeptemberThe entire fund will be mopped from high networth NRIs, primarily from the Gulf region, and the minimum commitment should be $1 million.
DoP says competition doesn't always lead to cheaper drugs; raises concern among industryThe Department of Pharmaceuticals has told a group of ministers that competition does not necessarily lead to reduction in medicine prices.- Local regulations keep foreign pharma companies on tenterhooksThe grant of the country's first compulsory drug licence and recent attempts at populist policy initiatives have raised fears of overseas p...
- 100% foreign direct investment regime in pharmaceutical sectorA high-level inter-ministerial group chaired by the prime minister has decided to continue with the 100% foreign direct investment regime i...
- Wyeth to boost Pfizer's share in Indian marketPfizer's $68-billion buyout of Wyeth may help catapult its local subsidiary into the top ten league of Indian drugmakers.
- Pharma cos locked in trademark battleThere are hundreds of instances where a company’s plea to register a trademark for its drug is vehemently being opposed by a rival firm.
- Pharma MNCs seek monitoring, not price controlAlarmed by the government’s move to bring more medicines under cost-based price control.
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