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PHARMA FIRM PROSECUTION
Supreme Court upholds Himachal HC ruling on drug regulator powers, impacting CDSCO enforcementThe Supreme Court dismissed the Union government's challenge to a High Court judgment. This ruling clarified jurisdiction over drug regulat...
Delhi court orders framing of charges in codeine syrup seizure caseA Delhi court ordered charges against Vipin Chawla for possessing over 4,300 kg of cough syrup. Police recovered 36,238 bottles of the bann...
Consulting firm McKinsey to pay $650 million to resolve US criminal opioid probeMcKinsey & Co. agreed to a $650 million settlement with the DOJ, resolving a criminal investigation into their role in advising Purdue Phar...
Maiden Pharmaceuticals, the pharma company under fire for children's deaths in Gambia, has a controversial track recordHaryana-based Maiden Pharmaceuticals came into focus after more than 60 children in The Gambia died from acute kidney injuries, allegedly c...
Five trends that defined India Inc's corporate governance standards in 2019Sebi initiated a record 309 enquiry proceedings in FY19 as against just 16 in the previous year.
Initiated extradition process against 4 Sterling Biotech promoters, ED tells courtThe ED told the court that the four accused are reported to be in Italy and Nigeria and their extradition was required for probing the case.
Accused in Rs 5,000 crore bank fraud case held in DubaiOfficials said Sandesara was arrested by Dubai police based on a non-bailable arrest warrant issued by an Indian court.
Big pharmaceutical companies face action for marketing unapproved drugsThe Centre is trying to plug a legal loophole that allows major drug manufacturers to sell and market products, such as emergency contracep...
NPPA issues notices to drug companies over violations of DPCO 2013NPPA has issued notices to major drug firms for failing to register products on online database IPDMS and not filing mandatory returns thro...
Drug patent war, FM auction, coal ordinance kept Delhi High Court busyEven the airline sector was dragged to the high court by a lawyer over Ministry of Civil Aviation's policy permitting airlines to overbook ...
Gelatine in capsules & vitamin drugs manufactured from bones, skin & tissue of cattle, say pharma cosGelatine, a key element in capsules, vitamin drugs and chicken fodder, is manufactured by processing the bones, skin and tissue of cattle.
UN Office on Drugs and Crime scheduled to meet to firm up model lawIndia is not part of the UNODC expert group, but as one of the largest generic drugs suppliers, its supply chain may face direct consequenc...
- Ankur Drugs and Pharma depositors drag company to CLB for alleged interest default
Pharma company Ankur Drugs and Pharma is facing an army of angry fixed deposit-holders for failing to repay their money with interest.
- Cipla, Dr Reddy's under DCGI scanner for selling banned drugs
A Dr Reddy's spokesperson said it has withdrawn its gatifloxacin brand immediately upon notification on the ban of the drugs.
Regulatory vacuum: Indian regulators are soft, indecisive and disempoweredThe spate of recent US action against Indian companies shows how much more demanding and less forgiving regulators abroad are.
- Cipla receives demand notices from NPPA for Rs 73 cr
The company has received further demand notices from the government demanding an amount of Rs 47.70 crore in respect of the drug Salbutamol.
- Drug firms fight with foreign cos over patents
Pharma companies are at loggerheads with their foreign counterparts over patent rights. Global pharma giants have been filing cases against...
- Pharma cos hit by new Patent Act concoction, filings drop 41%
Patent applications filed by Indian pharma firms have witnessed a sharp fall of 41% during FY08.
- Lupin wins Altace patent case in US
India’s Lupin has won its patent challenge against King Pharmaceuticals and Sanofi-Aventis for blood pressure drug Altace, which has sales ...
- Law firms rush to hire IITians
It is the high quality work that is attracting IITians and other top engineering school graduates to join.