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British pharmaceutical giant GlaxoSmithKline (GSK) is likely to sell its health food drink brand Horlicks to fund a buyout of the residual stake in its consumer healthcare joint venture (JV) with Novartis. In a statement on Tuesday, the company said it was considering a strategic review of Horlicks and other consumer nutrition products to support […]

Tata Chemicals Ltd., the country’s leading producer of soda ash and sodium bicarbonate, announced the launch of Medikarb – India’s first branded pharmaceutical grade sodium bicarbonate for pharma API and formulation manufacturing. Medikarb will be manufactured in state of the art FDA certified facilities that are compliant with GMP standards to ensure the highest quality […]

Glenmark Pharmaceuticals has launched Nourkrin Woman, a clinically-proven proteoglycan replacement formula, for normalising hair growth cycle,. Product will be exclusively marketed in India by Glenmark under a licensing agreement with Denmark-headquartered firm Pharma Medico, according to company executives. Nourkrin Woman contains Marilex, which is based on a proprietary scientific formula, which helps normalise, support and […]

Applied DNA Sciences, Inc. (Applied DNA) and ACG have signed a memorandum of understanding (MoU) that will allow ACG to utilize Applied DNA’s proven SigNature molecular tagging and authentication technologies to develop molecularly-tagged empty hard-shell capsules for offering to ACG’s customers to enhance product traceability and authentication. The MoU is expected to be followed by […]

Drug firm Jubilant Life SciencesBSE -2.21 % today said its subsidiary has received final approval from the US health regulator for Amantadine Hydrochloride tablets, an anti-viral and anti-Parkinsons drug. Approved drug, generic version of Symmetrel of Endo, is indicated for the prophylaxis and treatment of signs and symptoms of infection caused by various strains of […]

Indian Council of Medical Research (ICMR) and Pfizer Ltd will set up a centre to combat antimicrobial resistance (AMR) in New Delhi. Project will help address the growing AMR threat in India, Pfizer said on the agreement signed between the two organisations. Joint initiative will implement a series of interventions, ranging from AMR stewardship programmes […]

After setting its house in order for the US business, Cadila Healthcare is now putting focus on new areas with growth opportunities, such as biosimilars and vaccines. Ahmedabad-headquartered pharma major at present draws less than one per cent of its domestic revenue from vaccines and about 4.5 per cent of its domestic turnover from biosimilars […]

Biotechnology major Biocon today said it has launched its cancer biosimilar drug KRABEVA in India. Biosimilar product will be used for the treatment of patients with metastatic colorectal cancer and other types of lung, kidney, cervical, ovarian and brain cancers in India, Biocon said in a filing to the BSE. Biocon CEO and Joint MD […]

Kolkata-based Ayurvedic firm Baidyanath has forayed into the FMCG segment by launching range of natural juices in the market, and has plans to introduce oral healthcare, personal hygiene and skin care products soon. Company, which has completed its 100 years in 2017, is eyeing to catch up the growing consumer shift towards natural, organic and […]