Lupin on buying spree; to acquire German Co's product portfolio
A day after announcing its biggest acquisition deal of USD 880 million, Lupin Friday said it will buy Germany-based Temmler Pharma's specialty product portfolio.
Jul 24, 2015, 22:56 PM IST
Lupin to buy US-based Gavis Pharmaceuticals for $880 mn
Drug major Lupin Thursday said it is acquiring US-based Gavis for USD 880 million (over Rs 5,610 crore) to consolidate presence in the world's largest pharmaceuticals market.
Jul 23, 2015, 16:49 PM IST
Jefferies maintains buy call on Sun Pharma despite adverse guidance
International brokerage house Jefferies said it is positive about Sun Pharma's strong key fundamentals, though its stock plunged 15 percent Tuesday, a day after the company warned of a deeper cut in bottomline and topline this year due to ongoing integration with Ranbaxy.
Jul 21, 2015, 19:11 PM IST
Sun Pharma sees profit hit in FY16 on Ranbaxy integration
Drug major Sun Pharma expects to take a hit on profit for the fiscal due to the charges related to the ongoing integration with Ranbaxy Laboratories.
Jul 20, 2015, 21:50 PM IST
Cipla heir apparent Kamil Hamied quits, bigger role for sister Samina
Pharmaceuticals major Cipla Chairman Yusuf K Hamied's nephew Kamil Hamied, who has been understood to be groomed to take over the reins of the drug maker, has quit and his sister Samina Vaziralli has assumed an expanded role in the company.
Jun 24, 2015, 18:31 PM IST
China deports British investigator, wife in GSK case
Chinese authorities on Wednesday deported a British investigator and his wife linked to a corruption case involving pharmaceutical giant GlaxoSmithKline (GSK), after releasing them from jail over a week ago, family sources told AFP.
Jun 17, 2015, 19:11 PM IST
Swedish pharma firm partners GVK Bio for drug research
Sweden-based pharmaceutical firm Medivir has entered into a partnership with GVK Biosciences for drug research.
Jun 16, 2015, 20:30 PM IST
Sun Pharma shares tank 9%; m-cap down Rs 20,864 cr post Q4 results
Shares of Sun Pharmaceutical Industries plunged over 9 percent Monday, wiping out Rs 20,864 crore from its market valuation, after the company's fourth quarter earnings came below market expectations.
Jun 01, 2015, 18:19 PM IST
Novartis India Q4 net up 2 folds at Rs 51.94 cr
Pharmaceuticals firm Novartis India Wednesday reported over two-fold increase in standalone net at Rs 51.94 crore for the fourth quarter ended March 31, 2015.
May 27, 2015, 18:15 PM IST
Suven Life Sciences gets patents for neurodegenerative drug
Suven Life Sciences was trading 1.46 percent up at Rs 315.50 on BSE.
May 22, 2015, 11:38 AM IST
GSK Pharma profit up 6.53% at Rs 102.85 cr in Jan-Mar quarter
GlaxoSmithKline Pharmaceuticals Monday reported 6.53 percent increase in standalone net profit at Rs 102.85 crore for the quarter ended March 31, 2015.
May 18, 2015, 17:27 PM IST
Lupin acquires Brazilian drug firm Medquimica
Drug major Lupin Wednesday announced acquisition of Brazil's Medquimica Industria Farmaceutica SA, marking its foray into the Latin American nation.
May 13, 2015, 21:31 PM IST
Dr Reddy's Lab to enter Japanese market through a partner
Pharmaceutical major Dr Reddy's Laboratories Tuesday said it has plans to enter Japanese market through partnerships for specific products.
May 12, 2015, 19:37 PM IST
'Pharma exports may have grown 2.2% to $15.2 bn in FY15'
Indian pharma exports are estimated to have grown, but at a slower pace of 2.2 percent to about USD 15.2 billion during the financial year ended March 2015 against USD 14.9 billion in the previous fiscal, said a top official of Pharmexcil, an export promotion body, Monday.
May 11, 2015, 18:51 PM IST
Alexion to buy Synageva BioPharma in $8.4 billion deal
Alexion Pharmaceuticals will buy rival Synageva BioPharma in an $8.4 billion cash-and-stock deal that will bolster Alexion`s business in treatments for rare diseases, the US companies announced Wednesday.
May 06, 2015, 21:27 PM IST
New-look GSK bets on consumer health spending
GSK predicted on Wednesday its consumer health sales would grow at a mid-single-digit compound annual rate over the next five years, slightly ahead of overall company sales.
May 06, 2015, 17:06 PM IST
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.
May 04, 2015, 21:59 PM IST
Big pharma deals: Mylan, Teva push on despite rejections
Suitors in the generic drug industry's big consolidation push signaled Thursday they would keep fighting for deals, even after Perrigo rejected a sweetened offer from Mylan.
Apr 30, 2015, 23:34 PM IST
Big pharma deals: Mylan raises bid for Perrigo to $35.6 bn
Generic drug company Mylan raised its bid for a second time for Perrigo on Wednesday, offering $35.6 billion for the over-the-counter giant.
Apr 29, 2015, 22:45 PM IST
Sun Pharma, not sated by Ranbaxy deal, may spend up to $7 billion on M&A: Bankers
Sun Pharma, which has a market value of nearly $36 billion, is also interested in non-biotech complex generic medicine.
Apr 28, 2015, 11:13 AM IST
