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Telangana government proposes to set up India’s first Biopharma-Hub to provide support to the biopharma research and development activities, featuring a scaleup manufacturing facility and a turnkey incubator/ lab space module. Proposed facility, spread across 40,000 square feet, would come up at Hyderabad’s Genome Valley, which currently houses over 200 biopharma firms including few top […]

India’s pharmaceutical exports grew merely 3 per cent to USD 17.3 billion in 2017-18 due to increasing regulatory concerns and pricing pressures in the global markets, including the US. Sector’s exports in 2016-17 had declined to USD 16.7 billion as against USD 16.9 billion in the previous fiscal, according to commerce ministry data. Import alerts […]

Aurobindo Pharmaceutical said that it was acquiring a dermatology business and a portfolio of oral solid products along with commercial and manufacturing infrastructure in USA from Sandoz Inc, USA, a Novartis division, for $900 million in an all-cash deal. The transaction positions Aurobindo as the second largest dermatology and largest generics company in the US […]

Concord Biotech, a major player in the biotech pharmaceutical segment, is setting up an active pharmaceutical ingredients (API) manufacturing unit in Kheda district of Gujarat. Unit will have a capacity of 361.98 tpa. As per the information disclosed to Projects Today, the promoter was awaiting environmental clearance (EC) and other necessary clearances for project. Concord […]

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 […]