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PARACETAMOL MAKER
Drugmaker Granules to tighten oversight after US FDA warning, executive saysThe company, which is globally one of the largest paracetamol makers and a major player in the active pharmaceutical ingredients market, de...- Indian drugmaker Granules to tighten oversight after US FDA warning, exec saysAmid growing scrutiny from the U.S. FDA over documentation practices and contamination issues, Granules India is reinforcing its manufactur...
- Rising costs of key chemicals choke production at drug ingredient makersIndia's bulk-drug manufacturers are facing a severe cost crisis as prices of key solvents and intermediates have surged due to supply disru...
- Fairfax, Bain look to buy Gujarat API company FarmsonCanadian billionaire Prem Watsa's Fairfax Group and Bain Capital are in competition for a buyout of Farmson Basic Drugs, a leading API make...
- Prices of 800 essential drugs to increase a tad from April 1After massive annual increases of 12% and 10% in prices on record last year and in 2022, this will be a meagre increase for the pharma indu...
- Granules India Q3 Results: Paracetamol maker posts marginal rise in profitDrug maker Granules India reported a marginal rise in third-quarter profit on Tuesday, helped by easing raw material costs.
- IOL to diversify its API and specialty chemicals portfolios to boost salesThe Ludhiana-based company generates about 30% of its ₹2,216 crore revenues from the commodity API ibuprofen, where it is vertically integr...
- Is the alleged chicanery of prescribing Dolo-650 just another example of doctors trapping you in hunger for freebies?Dolo-650 being unethically prescribed to patients during the pandemic is just the latest example of drug companies’ malpractices, senior ad...
- Themis Medi bets big on antiviral drug for CovidThemis had launched inosine pranobex under brand name Viralex in June this year. Despite the drug not figuring in the government's Covid tr...
- Demand for Covid drugs down, says Cipla Global CFOThe third wave has been fuelled by the Omicron variant, which is highly infectious yet milder, causing flu-like symptoms such as fever, bod...
- As input costs soar, small drug units reach out to Centre for helpThe prices of active pharmaceutical ingredients (APIs), excipients, glass vials and packaging material, among other inputs, have escalated ...
- Large pharma companies back appeal for TRIPS waiver for Covid-19 cure“We endorse the Indian government’s stand asking for a waiver of the TRIPS provisions to deal with the Covid-19 crisis. This is the time fo...
- Sigh of relief for pharmaceutical industry: India’s pain eases as China resumes bulk drug suppliesResumption of normal supplies has also calmed worries, at least for now, about the Sino-Indian border standoff affecting imports from China...
- India must manufacture more APIs locally, depend less on China: ExpertsIndia, the world’s third-largest drug producer by volumes, imports 70% of its APIs from China. For some APIs, especially antibiotics, depen...
- After 1,800% jump in 10 years, this pharma stock is in no mood to haltThe company is one of the active ingredients and drug formulations makers.
- NPPA tells chief secys to keep tabs on API availabilityIn a letter to the chief secretaries, the National Pharmaceutical Pricing Authority (NPPA) has asked them to ensure that there is no violat...
- India woos Italian bulk drug makers to cut dependency on Chinese APIsIncreased cost of production and other European economy related constraints had led to several local drug makers shutting down their unviab...
- Drug companies see no business value in raw material productionSeveral drug makers and trade body representatives want the government to focus on attaining self-sufficiency in producing key raw material...
- Granules India targets overseas buysDrug maker Granules India is looking for acquisitions or partnerships in China, Greece, Malta and South Africa to expand capacity and boost...
- Common drug prices may plungePrices of commonly used medicines such as paracetamol, nimesulide, cetrizine and omeprazole are set to come down sharply.
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