Pharma – Feedback

Pharma

Drug firm Vivimed Labs today said it has received additional investment of USD 7.5 million (over Rs.47 crore) from healthcare investment firm OrbiMed Asia in its subsidiary Vivimed Labs (Mascarene). Company had earlier received USD 42.5 million from OrbiMed Asia in September 2017, Vivimed Labs said in a BSE filing. Overseas subsidiary is the holding […]

Cadila Healthcare, India’s fourth most valuable pharmaceutical company, is gradually working on carving out a brand identity for Zydus that would act as a differentiator with its namesake Cadila Pharmaceuticals, an unlisted entity based in Ahmedabad. While most of its subsidiaries bear the Zydus name, the company has decided not to change the name of […]

Novo Nordisk, in partnership with Torrent Pharma, inaugurated its expanded insulin manufacturing plant in Gujarat on 11 December 2017. Entire facility is dedicated to Novo Nordisk. So far, Torrent Pharma has made an investment of Rs 60 crore in the plant which has the existing capacity of around 26 million vials.Presently, the Indrad facility in […]

Mylan Pharmaceuticals has now introduced ABEVMY in injection form of Bevacizumab 100 mg and 400 mg. The anti-angiogenic drug was approved by the Drug Controller General of India (DCGI) for all indications of the Roche’s Avastin, including for the treatment of metastatic colorectal, non-small-cell lung carcinoma, glioblastoma, ovarian, cervical and renal cancer as part of […]

Indian drug major Sun Pharma’s subsidiary in the US is voluntarily recalling two lots of its diabetes drug ‘Riomet’ due to microbial contamination. This is one of several voluntary recalls that the firm has carried out this year for different products, according to reports by the US Food and Drug Administration (US FDA). Sun Pharmaceutical […]

Systech International, a global technology leader in serialization, product safety, and consumer and brand protection, and NKP Pharma, an innovator in the field of designing and manufacturing pharmaceutical packaging machinery, today announced a strategic agreement. Accord allows  two companies to provide software/hardware solutions to the Indian pharmaceutical industry that meet serialization and traceability regulations. “Regionally […]

Everstone Capital-backed Ascent Health and Wellness has racked up multiple acquisitions across the country as the Mumbai-based company pushes deeper into the pharmaceutical distribution space. Four-year-old company is targeting more buyouts by the end of the current fiscal. Founded by IIM Ahmedabad alum Siddharth Shah, Carnegie Mellon graduate Hardik Dedhia and Narsee Monjee Institute of […]