Page 23 - Pharma
US FDA approves Claris' anti-infective drug tobramycin injection
With this approval, the total addressable market size of the company's approved ANDAs is estimated to be a little above $ 300 million
 "US FDA approves Claris' anti-infective drug tobramycin injection")
India beats China in pharma exports: Commerce Ministry
According to the Ministry, India's pharma exports grew from $ 11.66 billion to $ 12.54 billion in 2015, while China increased its exports from $ 6.59 billion to $ 6.94 billion
 "India beats China in pharma exports: Commerce Ministry")
Evonik acquires Spanish firm Norel's probiotics business
Acquisition will enable Evonik to consolidate its position in the market of probiotics, which are living microorganisms that have a positive effect on the gastro-enteric system of animals
 "Evonik acquires Spanish firm Norel's probiotics business")
Alembic receives US FDA approval for gout drug febuxostat
The approved product is generic equivalent of Takeda's Uloric, which has an estimated market size of $ 430 million for twelve months ending December 2015
 "Alembic receives US FDA approval for gout drug febuxostat")
ICMR and CEEW tie up to find solar-based healthcare solutions
Two sides will collaborate to provide effective healthcare delivery at the last mile by reducing uncertainty in critical infrastructure, particularly electricity, via cost effective solar-based soluti
 "ICMR and CEEW tie up to find solar-based healthcare solutions")
Novo Nordisk invests $ 59 mn to expand insulin plant in Denmark
Kalundborg facility produces 50 percent of the world's insulin as well as a range of biopharmaceutical products
 "Novo Nordisk invests $ 59 mn to expand insulin plant in Denmark")
FDC receives US FDA's positive inspection report for Baddi plant
However, the company has received two minor observations from the US drug regulator for its Waluj (Maharashtra) facility
 "FDC receives US FDA's positive inspection report for Baddi plant")
Arrow Greentech receives Australian patent for water soluble film
The patent, granted for process of manufacturing water soluble film (WSF) system with embedded/entrapped actives, has wide applications in pharma and agrochemicals industries
US FDA completes inspection of Strides Shasun's Bangalore facility
The company says the inspection was completed without issuance of Form 483, which is issued by US FDA for violations of good manufacturing practices
 "US FDA completes inspection of Strides Shasun's Bangalore facility")
Torrent Pharma buys Glochem API plant to aid backward integration
The acquisition will help Torrent Pharma in vertically integrating its abbreviated new drug application (ANDA) filings in the future
 "Torrent Pharma buys Glochem API plant to aid backward integration")
Mitsui Chemicals to expand premium high performance nonwoven facilities
The augmentation of Sunrex facilities, when completed in November 2017, will bring Mitsui Chemicals global production capacity to 115,000 tonnes per annum
 "Mitsui Chemicals to expand premium high performance nonwoven facilities")
Evonik buys US-based biotech firm Transferra Nanosciences
Acquisition will expand portfolio of Evonik's healthcare business line with liposomal formulation technologies for parenteral drugs
 "Evonik buys US-based biotech firm Transferra Nanosciences")
Siegfried's Nantong facility receives Chinese authorities nod
The production capacity of Siegfried's Nantong site, located in China's industrial park northwest of Shanghai, amounts to 350 cubic meters
 "Siegfried's Nantong facility receives Chinese authorities nod")
Panacea Biotec launches diabetes drug teneligliptin
Tenepan (teneligliptin) is recommended to use in newly diagnosed patients and as an add-on therapy in patients uncontrolled on metformin or sulfonylurea therapy
Teva settles patent litigation with AstraZeneca related to diabetes drug
The settlement allows Teva to commercialise its generic version of AstraZeneca's Byetta (exenatide injection) in the US beginning October 15, 2017
 "Teva settles patent litigation with AstraZeneca related to diabetes drug")
Sanofi, Boehringer Ingelheim ink animal health-consumer healthcare business swap pact
While Boehringer Ingelheim will transfer its CHC business to Sanofi, in return it will get Sanofi's animal health business Merial. In addition, Boehringer Ingelheim will pay Sanofi Euro 4.7 bn
 "Sanofi, Boehringer Ingelheim ink animal health-consumer healthcare business swap pact")
RPG Life Sciences ties up Italian firm to foray into cosmetics
Through the tie-up with Labo Cosprophar, the Mumbai-based pharmaceutical company will launch two new products for hair and skin care
 "RPG Life Sciences ties up Italian firm to foray into cosmetics")
Impact of Brexit to be majorly on drug and medical device regulation: Report
The European Medicines Agency (EMA), which is headquartered in the UK, is likely to be swiftly relocated to the EU, says GlobalData in a whitepaper
 "Impact of Brexit to be majorly on drug and medical device regulation: Report")
Start-ups betting high with changing entrepreneurial ecosystem in India
With more mature ecosystem and ample opportunities, Indians today are not only launching their own brands but also making their mark globally, says Umang Srivastav
 "Start-ups betting high with changing entrepreneurial ecosystem in India")
Govt withdraws the Bill amending Drugs and Cosmetics Act
The government has decided to comprehensively review the existing law with objectives of facilitating the ease of doing business and enhancing the quality of Indian pharma products