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Pharmaceutical companies

05 Sep 2023

DNA: Generic Fraud of branded pharmaceutical companies..Exposed

Now we will show you the DNA Investigation Report of the loot of MRP of pharmaceutical companies. And will tell you how India's Pharma Lobby is earning black money by ignoring the orders and rules of the Government of India.

Pharma companies

30 Mar 2023

'Govt To Take Strict Action Against Erring Pharma Companies': Health Minister

During a visit to Jan Aushadhi Kendra in Dehradun, the health minister stressed that the issue of medicines is definitely linked with public health.

27 Dec 2021

DNA: Pandemic makes pharmaceutical companies rich

The first case of Omicron was reported in South Africa on 24 November but the world came to know about this new variant only in the first week of December. Well, the atmosphere of fear created by this made the vaccine companies rich.

GlaxoSmithKline Pharmaceuticals

11 Feb 2017

GlaxoSmithKline Pharma Q3 profit dips 33% at Rs 53 crore

GlaxoSmithKline Pharmaceuticals on Saturday reported 32.91 percent decline in net profit at Rs 52.95 crore for the quarter ended December 31, on account of mandatory price cuts as well as demonetisation.

30 Jan 2017

Govt moves Supreme Court seeking ban on Crocin, D Cold Total, Corex, other combination drugs

The government has moved Supreme Court challenging the Delhi high court order scrapping ban on popular drugs(fixed-dose-combination drugs)such as Corex, Saridon and Vicks Action 500, D Cold Total, Ascoril-C, and many more in December.

Pharma companies

15 Jan 2017

Pricing pressure in US to keep pharma cos' growth under check

Pharma companies are likely to report sequentially flat EBITDA growth in 3QFY17, impacted by pricing pressure and higher R&D expenditure, a report said.

Pharmaceutical Industry

25 Nov 2016

Indian pharma companies' profiles better than global peers: Moody's

The Indian pharmaceutical companies exhibit strong business profiles underpinned by good products and geographic diversity as compared to some global peers, American rating agency Moody`s said on Friday.

21 Mar 2016

Relief for pharma cos as Delhi HC stays ban on drugs till March 28

Delhi High Court on Monday stayed the ban on some fixed dose combination (FDC) drugs of Glaxo SmithKline, Wockhardt and Laboratories Griffon.

09 Mar 2016

Drugs to become cheaper as panel recommends putting cap on trade margins

For drugs priced between Rs 20-50, the panel has proposal to cap the margin at 40 percent.

Delhi High Court

24 Nov 2015

Drug pricing: Don't take coercive steps against pharma companies, says HC

Delhi High Court today told the government not to take any coercive action against pharma companies, including Novartis India Limited and Cipla Ltd, in connection with the notices issued to them for allegedly not ensuring implementation of the revised drug pricing of 2013.

03 Sep 2015

India drugmaker stocks exception in Asian rout

Continued strength in the dollar when the Federal Reserve raises interest rates will also boost their income. More than 40 percent of over-the-counter and generic prescription drugs sold in the United States come from India.

27 Jul 2015

Pharmexcil sees $1.2 billion export hit from EU ban

India's business loss arising from the European Union's ban on 700 generic drugs is likely to be around USD 1.2 billion, says industry body Pharmexcil.

07 Jun 2015

Focus on getting Ranbaxy's plants USFDA nod one at a time: Sun Pharma

The Mumbai-based drug major, which acquired Ranbaxy in a USD 4 billion deal, feels it is important for the merged entity to "re-establish" the trust between Ranbaxy and the US Food and Drug Administration (USFDA).

Pharma companies

10 May 2015

Drug makers' tax benefit claim on freebies, gifts unlawful: CAG

Slamming the practice of pharma companies offering freebies and gifts to doctors, government auditor CAG said that drug makers have claimed tax benefits on such expenses despite these being prohibited by law.

Pharma companies

04 May 2015

NPPA warns drug cos over non-registration with online database

With just 41 out of top 100 pharma firms responding to its direction to register for online database, drug price regulator NPPA has warned to take action if the rest of the companies did not comply with its order immediately.

02 Feb 2015

Sun Pharma gets US FTC clearance for Ranbaxy acquisition

The early termination of the waiting period under the HSR Act satisfies one of the essential conditions to the closing of the Ranbaxy acquisition, it added.

26 Dec 2014

Pharma in 2014: Deals worth billions and fines worth millions

It's been a year of bitter medicine for Indian pharma companies with fines worth millions of dollars imposed by various foreign regulators, even as they stitched together deals worth billions of dollars, including the high profile Sun-Ranbaxy merger.

08 Dec 2014

Sun Pharma, Ranbaxy to sell 7 products to meet CCI conditions

While approving their USD 4-billion merger, Competition Commission of India (CCI) has asked the two companies to divest seven products to address anti-competitive concerns.

pharmaceuticals industry

05 Oct 2014

OTC drug market to reach $6.6 bn by 2016

India's pharmaceuticals industry accounts for about 2.4 percent of the global pharma industry by value and 10 percent by volume.

28 Aug 2014

CCI expands probe into Sun-Ranbaxy deal; seeks public scrutiny

This is probably the first instance where the CCI has ordered a public scrutiny of a proposed merger and acquisition (M&A) deal to ensure compliance to fair trade regulations.

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