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Natco Pharma boards approves plan to raise Rs 450 crore
Fri, May 22 2015. 11 48 PM

Natco Pharma boards approves plan to raise Rs 450 crore

Drug firm’s net profit more than doubles to Rs.54.4 crore in the quarter to March from Rs.24 crore a year ago, on improved sales and a deferred tax benefit
Cipla to acquire 51% stake in Uganda’s Quality Chemicals
Fri, May 22 2015. 05 27 PM

Cipla to acquire 51% stake in Uganda’s Quality Chemicals

The cash is payable in tranches with around $8 mn payable upfront on completion and 5 equal installments of $4.41 mn payable at annual intervals thereafter
Strides Arcolab to buy Aspen’s Australian business
Fri, May 22 2015. 12 38 AM

Strides Arcolab to buy Aspen’s Australian business

Once the A$380 mn deal is completed, it may put Strides among the top 3 generic drugs suppliers in Australia
Cipla recalls over 1.4 lakh vials of asthma drug in US
Thu, May 21 2015. 04 03 PM

Cipla recalls over 1.4 lakh vials of asthma drug in US

Cipla is recalling the drug for ‘failed impurities and degradation specifications’ says USFDA website
Serum Institute may weigh Cipla merger if European venture is successful
Wed, May 20 2015. 09 02 AM

Serum Institute may weigh Cipla merger if European venture is successful

Serum’s chairman Cyrus Poonawalla says we won’t want to make a merger which could end up into nothing
US FDA warns on newer class of type 2 diabetes drugs
Sat, May 16 2015. 11 53 AM

US FDA warns on newer class of type 2 diabetes drugs

The newer class of type 2 diabetes drugs may cause dangerously high levels of blood acids that could require hospitalization
Dr Reddy’s Laboratories launches cerebral stroke drug
Fri, May 15 2015. 11 37 PM

Dr Reddy’s Laboratories launches cerebral stroke drug

The drug was an important product in the management of stroke and had been used for the treatment of post-stroke patients around the world
Drug makers need incentive to develop antibiotics
Fri, May 15 2015. 09 49 AM

Drug makers need incentive to develop antibiotics

The more we use each drug, the less effective it becomes which means that we need a constant flow of new antibiotics
Ranbaxy accused of gaming FDA rules to thwart rival drug makers
Thu, May 14 2015. 01 38 AM

Ranbaxy accused of gaming FDA rules to thwart rival drug makers

Ranbaxy for years filed false paperwork with the FDA to win 180 days of marketing exclusivity for generic drugs
Lupin acquires Brazilian drug firm Medquimica
Wed, May 13 2015. 09 33 PM

Lupin acquires Brazilian drug firm Medquimica

The company has acquired 100% equity stake in Medquimica subject to certain closing conditions

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