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India Pharmaceutical News
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CDSCO approves Cipla to distribute, market inhaled insulin in India
Mumbai, Dec 11Indian regulator Central Drugs Standard Control Organisation (CDSCO) has approved Cipla to exclusively distribute and market inhaled insulin in the country, the drugmaker said on ...
Suven Pharmaceuticals to acquire controlling stake in US-based company NJ Bio
New Delhi, December 7Listed pharma company, Suven Pharmaceuticals has announced the acquisition of a controlling stake in US-based NJ Bio Inc.India's pharma market is poised to double by 2030, to hit USD 120 bn: OPPI-BCG report
New Delhi, November 28The Indian healthcare sector is on a trajectory of rapid growth, with the pharmaceutical market poised to double from its current valuation of USD60 billion to an estimated USD120...Dr. Reddy's launches Toripalimab in India to treat rare form of head & neck cancer
Hyderabad, Nov 28Dr. Reddy’s Laboratories on Thursday announced the launch of Toripalimab in India to treat adults with Nasopharyngeal carcinoma (NPC) -- a rare and aggressive form of head and nec...IPO-bound Senores Pharma, Dr. Reddy's Labs launch ivermectin tablets in US
New Delhi, Nov 27Senores Pharmaceuticals and Dr. Reddy's Laboratories, have announced the launch of ivermectin tablets USP, 3 mg. in the US market.India has emerged as a global leader in pharmaceuticals: Union Health Secretary
New Delhi, October 15India has emerged as a global leader in pharmaceuticals, being the third-largest producer and a key supplier of generic medicines, said Union Health Secretary Punya Salila Srivast...Indian branded pharma sector to see a decline in growth: Report
New Delhi, October 8The Indian pharmaceutical sector is set for a mixed quarter, with slow growth expected in the branded formulations, according to the Systematix Institutional Equities report.CCI approves acquisition of Bharat Serums and Vaccines by Mankind Pharma
New Delhi, October 2Competition Commission of India (CCI) has approved the acquisition of Bharat Serums and Vaccines Limited by Mankind Pharma Ltd, the anti-trust regulator said in a statement.Sun Pharma gets exclusive global rights to commercialise 'Fibromun', an anti-cancer immunotherapy product
New Delhi, October 1Sun Pharmaceutical Industries Limited (Sun Pharma) and Philogen S.p.A (Philogen) announced a global exclusive commercialisation, licence, and supply agreement to commercialise Fib...Indian pharma companies' revenue expected to moderate to 9-11% in FY25 vs 13-14% in FY24
New Delhi, September 30Revenues of Indian pharma companies are likely to expand by 9-11 per cent in the current financial year, albeit a moderation from the increase of 13-14 per cent recorded in the pr...Mankind Pharma to raise Rs 5,000 crore through private placements
New Delhi, September 30Mankind Pharma Limited's Fund Raising Committee has finalised a comprehensive plan to issue non-convertible debentures (NCDs) and commercial papers (CP) to raise a total of R...50 new pharma manufacturing plants under PLI scheme to be completed in 2 years: Centre
New Delhi, Sep 26The upcoming 50 pharma manufacturing plants in the production-linked incentive (PLI) scheme will be completed in the next two years, the Centre informed on Thursday.
India's pharmaceutical sector projected to reach $130 billion by 2030
New Delhi, Sep 26India is on the cusp of a transformative era in its pharmaceutical sector which is projected to reach $130 billion by 2030, a report showed on Thursday.Indian pharma sector set for 8-10pc revenue growth this fiscal: Report
New Delhi, Sep 18After achieving about 10 per cent growth last year, the Indian pharmaceuticals sector is again set to log a revenue growth of 8-10 per cent this fiscal, according to a report on W...Cardiac, antimalarial therapies drive Indian pharma market growth in August: Report
New Delhi, Sep 12Driven by cardiac, antimalarial, and gastrointestinal therapies the Indian pharmaceutical market has seen more than 6 per cent growth in the month of August, according to a report...Indian pharma exports surged 90pc in last decade: Jitin Prasada
New Delhi, Aug 28From $14.9 billion in FY14 Indian pharma exports have surged to $27.9 billion -- more than 90 per cent growth in the last 10 years, said Jitin Prasada, Union Minister of State (Mo...Bharat Biotech launches next-gen oral cholera vaccine, to help bridge global gap
Hyderabad, Aug 27Pharma giant Bharat Biotech on Tuesday announced the launch of an oral cholera vaccine (OCV) to help combat cholera which continues to pose a significant global public health chal...CDSCO approves indigenous Mpox RT-PCR test that delivers results in 40 mins
New Delhi, Aug 27Amid the current outbreak of Mpox, the Central Drugs Standard Control Organization (CDSCO) approved an indigenous RT-PCR test for the deadly infectious disease that delivers resul...
Glenmark Pharma clocks 2-fold jump in Q1 net profit at Rs 462 crore
Mumbai, Aug 14Glenmark Pharmaceuticals on Wednesday reported a more than two-fold jump in its net profit to Rs 462 crore for the April-June quarter of the current financial year compared to the...CDSCO grants marketing approval for Sanofi's RSV antibody in India
Mumbai, Aug 1The Central Drugs Standard Control Organisation (CDSCO) has granted marketing authorisation approval to Sanofi for Beyfortus, used for the prevention of respiratory syncytial viru...BE receives WHO's Pre-qualification status for novel oral polio vaccine
Hyderabad, July 30Biological E. Limited (BE), a Hyderabad-based vaccine and pharmaceutical company, on Tuesday announced that the World Health Organisation (WHO) has granted Pre-qualification (PQ) ...Dr Reddy's posts 1 pc drop in net profit at Rs 1,392 crore in Q1, revenue up 14 pc
Hyderabad, July 27Dr Reddy's Laboratories on Saturday posted Rs 1,392 crore in net profit for the April-June quarter (year-on-year), down 1 per cent from Rs 1,402.5 crore in the same period in...
Zydus gets final approval from US FDA for Type 2 diabetes pills
Ahmedabad, July 19Indian pharma company Zydus Lifesciences on Friday said that it has received final approval from the US Food and Drug Administration (USFDA) to market tablets for Type 2 diabetes....Indian pharma, healthcare sector saw 55 deals worth $4.1 billion in Q2 2024
New Delhi, July 16The Indian pharma and healthcare sector witnessed significant activity in the April-June quarter (Q2) this year with 55 deals totalling $4.1 billion, marking an 8 times increase i...AstraZeneca to expand its Chennai GCC at Rs 250 crore outlay
Chennai, July 4AstraZeneca India Private Limited (AZIPL), the Global Capability Centre (GCC) of the pharma group AstraZeneca on Thursday said it will invest Rs 250 crore on expanding its Global ...UK's Haleon to sell nicotine replacement therapy biz outside US to Dr Reddy's for $632 mn
New Delhi, June 26UK-based consumer healthcare company Haleon on Wednesday announced that it has entered into an agreement to sell its nicotine replacement therapy (NRT) business outside of the US ...Japan's Takeda allows Sun Pharma, Cipla to market gastro drug in India
Mumbai, June 21Japan's Takeda Pharmaceutical gave India's Sun Pharmaceutical and Cipla the rights to commercialise the gastrointestinal drug Vonoprazan in the country.Zydus gets tentative approval from USFDA for hypertension drugs
New Delhi, June 14Indian drug maker Zydus Lifesciences on Friday announced that it has received tentative approval from the United States Food and Drug Administration (USFDA) for hypertension drugs...ICMR, NIV to start phase-3 clinical trials of recombinant dengue vax: Centre
New Delhi, May 29The Indian Council of Medical Research (ICMR) along with the Pune-based National Institute of Virology (NIV) and other research institutes are set to launch phase-3 clinical trial...Aurobindo Pharma arm Eugia's manufacturing unit gets 'official action indicated' status by USFDA
New Delhi, May 25Drug maker Aurobindo Pharma on Saturday announced that the US Food and Drug Administration (FDA) has classified Eugia Pharma Specialities' (a wholly owned subsidiary of the c...Sun Pharma posts 34 pc jump in Q4 net profit, declares dividend of Rs 5 per share
Mumbai May 22Sun Pharmaceutical Industries Ltd on Wednesday reported a 34 per cent jump in its consolidated net profit at Rs 2,654.5 crore for the January-March quarter of 2023-24, compared to...Zydus gets USFDA nod to market asthma-treating Theophylline extended-release tablets
Ahmedabad, May 22Indian drug major Zydus Lifesciences on Wednesday received final approval from the US Food and Drug Administration (USFDA) to market Theophylline Extended-Release tablets to treat...Cipla receives final USFDA nod for Lanreotide injection to treat tumours
Mumbai, May 22Drugmaker Cipla on Wednesday announced that the US Food and Drug Administration (USFDA) has granted it final approval for the Lanreotide injection, used for the treatment of acrom...Drugmaker Sanofi partners OpenAI, Formation Bio on AI-powered drug development
New Delhi, May 21French drugmaker Sanofi on Tuesday announced that it has partnered with artificial intelligence (AI) company OpenAI and tech-driven pharmaceutical firm Formation Bio to build AI-p...Dr Reddy's, Sun Pharma, Aurobindo recall products in US due to manufacturing issues
New Delhi, May 19Drug makers Dr Reddy's Laboratories, Sun Pharma and Aurobindo Pharma are recalling their products in the US due to manufacturing issues.Zydus gets final nod from USFDA to market generic arthritis drug
New Delhi, May 11Indian drug maker Zydus Lifesciences on Saturday announced receiving final approval from the US Food and Drug Administration (USFDA) to market a generic medication for arthritis a...Zydus gets final nod from USFDA for acne-treating Dapsone gel
Ahmedabad, May 9Indian drug maker Zydus Lifesciences on Thursday announced receiving final approval from the US Food and Drug Administration (USFDA) to market Dapsone Gel, 7.5 per cent.Dr Reddy's Laboratories clocks 36 pc surge in Q4 net profit
Mumbai, May 7Dr Reddy's Laboratories on Tuesday reported a 36 per cent jump in net profit at Rs 1,307 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs...Cipla, Glenmark recall drugs in US due to manufacturing issues
New Delhi, May 5Drug makers Cipla and Glenmark are recalling their products from the US market due to manufacturing issues.Covaxin has excellent safety record, says Bharat Biotech
Hyderabad, May 2Bharat Biotech on Thursday said that its Covid-19 vaccine Covaxin has an excellent safety record without any vaccine-associated incidents of blood clots, thrombocytopenia, TTS, VI...
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