Ingredion open for acquisitions, partnerships in India to expand businessThe $7 billion (CY2021) company by revenues entered India a decade ago, but after couple of years of prospecting it decided last year to ac...
30 Mar, 2023, 06.59 PM IST
Glenmark Life Sciences Q3 Results: Profit rises 1% on API strengthGlenmark Life Sciences, which was spun off from Glenmark Pharmaceuticals in 2019 to focus on the API business, posted revenue from operatio...
27 Jan, 2023, 02.16 PM IST
Optimus Pharma to launch COVID-19 drug Molnupiravir shortlyThe firm has developed the API (active pharmaceutical ingredient) in house at its R&D centre here. Optimus Pharma has revealed highly promi...
28 Dec, 2021, 04.10 PM IST
Eli Lilly inks pacts for Baricitinib with Sun Pharma, Cipla, Lupin for COVID-19 treatment in IndiaAs the threat of compulsory licence (CL) looms over big pharma in India, companies are rushing in to sign voluntary licensing agreements th...
11 May, 2021, 07.47 AM IST
Natco Pharma gets registration approval from CIB&RC for Chlorantraniliprole"Natco Pharma is pleased to announce its registration approval given by Central Insecticide Board & Registration Committee (CIB&RC)... for ...
05 Feb, 2021, 12.10 PM IST
Indian drug companies seek cure for Donald Trump’s 'Buy-American' planThe presidential order issued on August 6 called for federal agencies involved in the procurement of essential medicines, medical counterme...
14 Aug, 2020, 07.53 PM IST
Lupin, Piramal Healthcare in race for stake in JB ChemicalsPiramal said it does not comment on market speculation, Lupin did not respond to ET’s query.
21 Jun, 2019, 09.58 AM IST
Dr Reddy's gets FDA nod for 'Tosymra' migraine nasal sprayThe drug maker said the audit of its API manufacturing plant at Miryalaguda in Telangana, by the US FDA, has been completed.
28 Jan, 2019, 04.25 PM IST
Orchid Pharma’s lenders reject Union Quimico’s bidThe resolution professional who is in charge of the management of the Chennai-based company has set April 25 as the fresh date for submitti...
24 Apr, 2018, 12.33 PM IST
Orchid gets three final bids at par with liquidation valueThe company had to sell assets to rein in debt. In 2012, it sold its penicillin business to US drug maker Hospira for $200 million.
19 Mar, 2018, 07.56 AM IST
IPO watch: Laurus issue opens today, good business model may make it a hitThe company is raising Rs 1,330 crore in the primary market. Proceeds of Rs 225 crore from the issue will be used to reduce debt on the com...
06 Dec, 2016, 08.07 AM IST
Torrent Pharma buys Glochem Unit in VizagET had reported in its May 27 edition that the two companies are in advanced talks for a possible transaction.
01 Jul, 2016, 04.00 AM IST
Pharma stocks slip on fears of US clamp downBulk drugs, or active pharmaceutical ingredients (APIs), are the ingredients used to give a drug its therapeutic effect.
05 Feb, 2016, 08.52 PM IST
Sun Pharma gets boost with US FDA approval for GleevecSun Pharmaceutical announced it received approval from the US FDA for generic copies of Gleevec, a drug that treats chronic myeloid leukemi...
04 Dec, 2015, 11.43 AM IST
Positive on API manufacturers, prefer Sequent Scientific: Prakash DiwanThe buying of warrants by the promoter group of Sequent Scientific reflects their confidence in the business, points out Diwan.
16 Apr, 2015, 08.13 AM IST
Granules India agrees to acquire Auctus PharmaThe acquisition process is expected to be completed in the next 3 to 6 months, a release from Hyderabad-based Granules India said.
04 Nov, 2013, 03.54 PM IST
- Now, China turns the heat on India’s vaccine makers
After spitting fire at Indian pharma sector's active pharma ingredients (APIs) makers, the Chinese dragon is now turning its wrath on India...
20 Dec, 2012, 09.08 AM IST