Pfizer to halt biosimilar output in China, sell assets to WuXi BiologicsThe pharmaceutical industry increasingly relies for its profits on costly biologic drugs, made from living organisms that are tougher and m...
17 Mar, 2021, 10.30 AM IST
US health secretary says AstraZeneca trial in United States remains on hold: ReportAlex Azar said that the FDA's investigation, which has continued even after the trial has resumed outside of the United States, shows that ...
23 Sep, 2020, 11.22 PM IST
U.S. inks $1.5 billion deal with Moderna for 100 million doses of COVID-19 vaccineThe United States in recent weeks has made deals to acquire hundreds of millions of doses of potential COVID-19 vaccines from several compa...
12 Aug, 2020, 10.54 AM IST
Big pharma returning to US price hikes in January after pausePfizer has already announced plans to hike prices on 41 of its drugs in mid-January.
20 Dec, 2018, 01.26 PM IST
Sun Pharma gets US subpoena over generic drugs pricingThe subpoena comes amid a wider probe by US regulators into steep increases in the prices of generic medicines in recent years.
29 May, 2016, 04.19 AM IST
Pfizer to buy Allergan in $160 billion deal to create world's No 1 drugmakerNew York-based Pfizer and Allergan, headquartered in Ireland, said on Monday that Pfizer would offer 11.3 of its own shares for each Allerg...
24 Nov, 2015, 04.51 PM IST
Brent Saunders gets key job as Pfizer, Allergan combineSaunders, 45, an intrepid deal maker, has a history of eventually leading companies that he had helped combine.
24 Nov, 2015, 01.19 AM IST
Dr Reddy’s Labs hits all-time high on generic drug launchStocks of Dr Reddy's Laboratories jumped nearly 2 per cent in trade toady to hit its all-time high after drug launch.
14 Jul, 2015, 04.00 PM IST
Ranbaxy slips nearly 5% as US pulls approval for AstraZeneca and Roche drugsThe FDA has stripped Ranbaxy of tentative approval and six-month exclusivity for a copy of Roche Holding AG's antiviral Valcyte, a fresh bl...
07 Nov, 2014, 11.10 AM IST
Wockhardt recalls over 109,000 bottles of hypertension drug in USWockhardt Ltd is recalling 109,744 bottles of a high blood pressure drug in the US after it failed a dissolution test, the US Food and Drug...
16 May, 2014, 03.22 AM IST
Cadila Pharma to enter Rajasthan with bulk drug facilityCadila's second Indian facility outside Gujarat will come up at Rajasthan. The bulk drug facility will be set up near Udaipur with an initi...
15 Sep, 2012, 09.43 AM IST
- Bilcare signs $61 mn deal with United Drug, stock up 16%
Bilcare surged nearly 20 per cent in trade on Tuesday after the company signed a definitive agreement with United Drug Plc.
21 Aug, 2012, 11.23 AM IST
- Bilcare to sell global clinical supplies biz for Rs 340 cr
Bilcare Ltd said it will sell its global clinical supplies business in the US and UK for $ 61 million (around Rs 340 crore) to Ireland-base...
20 Aug, 2012, 07.36 PM IST
- FDA approves Merck's new lung drug Dulera
Merck & Co Inc's new two-in-one respiratory drug Dulera has been approved by the US Food and Drug Administration, the US company said on Th...
24 Jun, 2010, 06.47 PM IST
- Sun Pharma gets US nod for prostate cancer drug
Sun Pharmaceutical Industries Ltd said on Tuesday that it had received approval from the US Food and Drug Administration to launch generic ...
07 Jul, 2009, 08.52 PM IST
- Glaxo buys stake in South Africa's Aspen
GlaxoSmithKline PLC said that it is buying a 16 pc stake in South Africa's Aspen Pharmacare Holdings, giving Aspen the right to distribute ...
12 May, 2009, 04.05 PM IST
- Novartis to cut 2,500 jobs worldwide by 2010
Novartis AG will cut 2,500 jobs worldwide by 2010 in an attempt to save $1.6 bn, the drugmaker said in becoming the latest major pharmaceut...
13 Dec, 2007, 09.17 PM IST