Page 26 - Pharma
Frontida BioPharm buys Sun Pharma's two US facilities
Sun Pharma has sold its two oral solid dosage manufacturing facilities located at Philadelphia and Aurora, along with 15 related products, to Frontida BioPharm
 "Frontida BioPharm buys Sun Pharma's two US facilities")
Jubilant Life receives approval for epilepsy drug levetiracetam
The approved product, levetiracetam injection, is the generic version of UCB's Keppra injection
Dr Reddy's launches psoriasis drug Sernivo in US
Sernivo (betamethasone dipropionate) spray is used for the treatment of mild to moderate plaque psoriasis
Swiss firm Datwyler to expand sealing facility in Maharashtra
The company will set up most advanced FirstLine facility to manufacture pharmaceutical rubber components at its Satara site in Maharashtra
 "Swiss firm Datwyler to expand sealing facility in Maharashtra")
Dishman Pharma's Swiss arm Carbogen Amcis to expand operations
Carbogen Amcis will acquire GEA Pharma Systems' land and buildings in Bubendorf to significantly expand its laboratory capacity
 "Dishman Pharma's Swiss arm Carbogen Amcis to expand operations")
TCS forms alliance with GE to offer innovative healthcare solutions
As per the agreement, TCS' business and healthcare IT expertise will offer new solutions on GE Health Cloud for its customers
US FDA grants tentative approval to Strides Shasun's HIV drug efavirenz
The market for the approved product, efavirenz 600 mg tablet, is approximately $ 150 million in the US, as per IMS data
US FDA grants approval to Strides Shasun's antibacterial drug metronidazole
The approved product, metronidazole tablets 250 mg and 500 mg, will be manufactured at the company's oral dosage facility at Bangalore
 "US FDA grants approval to Strides Shasun's antibacterial drug metronidazole")
Cupid Ltd receives two orders worth Rs 101 million from UN arm
As per the order, the company will provide male and female condoms to United Nations Population Fund (UNFPA)
Lupin receives EIR from US FDA for Mandideep and Aurangabad facilities
In the Establishment Inspection Reports (EIR), the US drug regulator has announced closure of inspections for these two facilities
Alivira to buy majority stake in Spanish animal health firm Karizoo Group
With this deal, which makes Europe the largest market for Alivira, Sequent Scientific arm achieves critical size in global veterinary space with annualised revenue of $ 120 mn
 "Alivira to buy majority stake in Spanish animal health firm Karizoo Group")
Jubilant Biosys inks license pact with US-based Checkpoint for cancer drug
As per the deal, Jubilant Biosys will receive an upfront payment of $ 2 mn and contingent preclinical, clinical and regulatory payments including commercial milestones totalling up to $ 180 mn
 "Jubilant Biosys inks license pact with US-based Checkpoint for cancer drug")
Sealed Air launches unique hygiene initiative with soap recycling project
The 'Soap for Hope' initiative, launched in association with an NGO Doctors for You, will provide recycled soaps free-of-cost to communities that have no or limited access to soap
 "Sealed Air launches unique hygiene initiative with soap recycling project")
GACL to invest Rs 460 cr for hydrazine hydrate & phosphoric acid plants
Gujarat Alkalies and Chemicals Ltd (GACL) will spend Rs 160 cr and Rs 300 cr on hydrazine hydrate and food grade phosphoric acid plants, respectively
 "GACL to invest Rs 460 cr for hydrazine hydrate & phosphoric acid plants")
Dr Reddy's acquires 6 OTC brands from Ducere Pharma in US
With this, the Hyderabad based pharma major has entered the branded consumer health market in the US
 "Dr Reddy's acquires 6 OTC brands from Ducere Pharma in US")
Ajanta Pharma receives US FDA approval of antifungal voriconazole tablet
Voriconazole is the generic version of Vfend, manufactured by PF Prism CV
 "Ajanta Pharma receives US FDA approval of antifungal voriconazole tablet")
Global packaging market revenue to reach $ 1 trillion by 2021
Internet of Things, nano technology, biotechnology, bio-based plastics, etc are propelling the growth of global packaging market, says a report from DecisionDatabases
 "Global packaging market revenue to reach $ 1 trillion by 2021")
Global ophthalmology devices market to reach $58 bn by 2021
While North America will continue to dominate the market, the Asia-Pacific region is expected to register the highest market growth, as per a Markets and Markets report
 "Global ophthalmology devices market to reach $58 bn by 2021")
Novartis to create two units to focus on pharma and oncology
The new structure reflects the importance of oncology to Novartis following the successful integration of the oncology assets acquired from GSK
 "Novartis to create two units to focus on pharma and oncology")
About 45% of Kashmiri population experience mental distress: MSF
Integrated and decentralised prevention, care and treatment programme is urgently needed, says Medecins Sans Frontieres (MSF), also known as Doctors Without Borders
 "About 45% of Kashmiri population experience mental distress: MSF")