Page 32 - Pharma

Dr Reddy's ties up with Turkish firm TR-Pharm for biosimilars

A total of three products will be registered and subsequently commercialised as a part of this agreement by TR-Pharm in Turkey

Nanotechnology expanding in cosmeceuticals despite concerns: Dr Mosongo Moukwa

Though nanotechnology plays an important role in cosmeceuticals, concerns have been raised regarding the potential dangers that may occur when nanoparticles penetrate the skin

Emmbi Industries to set up facility for food & pharma grade packaging materials

With the new positive pressure integrated clean room facility for manufacturing of food and pharmaceutical grade FIBC packaging material, Emmbi aims to tap the exports market

Nearly half of US physicians open to prescribe more biosimilars: Survey

Lower patient costs remain a key driver across five specialties with significant biologic use; 17 percent believe biosimilars will become the norm in the next three years, according to new data from I

Alkem's API plant in Mandva receives US FDA approval

The Mandva API facility, which was inspected by the US drug regulator in September 2015, will be Alkem's sixth plant to receive US FDA approval

Ajanta Pharma receives US FDA nod for migraine drug almotriptan malate

Almotriptan tablet is a part of an ever-growing portfolio that Ajanta Pharma has developed for the US market - the world's largest pharma market

Strides Shasun buys Swedish firm Moberg Pharma's 3 brands for $ 10 mn

Moberg brands that are currently marketed in USA, Australia and Middle East will strengthen Strides Shasun's strategy to build a global OTC franchise

Merck and EMBL to collaborate for drug discovery in biopharma

The alliance between Merck and European Molecular Biology Laboratory will focus on cancer metabolism to deliver novel therapeutic targets and biomarkers

IOL Chemicals receives COPP certificate for ibuprofen and lamotrigine

The receipt of certificates of pharmaceuticals products (COPP) from Punjab's Food & Drugs Administration (FDA) will facilitate IOLCP to broaden its presence in export market

Siemens Ltd to sale healthcare unit for Rs 3050 crore

This transaction, follows Siemens AG's global strategy of managing its healthcare business under a separately-managed company

Medical devices industry seeks roll back of import duty

FICCI feels that 7% hike in duty coupled with high foreign exchange related pricing pressures will raise the cost of medical devices and is likely to affect affordability of medical care in India

India, US to partner for cancer and traditional medicine research

The collaboration aims to incorporate more scientific inputs from both sides in traditional medicines which can help mainstreaming AYUSH systems in patient health care across the globe

Praxair acquires UK-based NOxBOX from Bedfont Scientific

NOxBOX specialises in the manufacture of inhaled gas delivery and monitoring instruments for the medical market

Recipharm buys Italy's Mitim Srl for $ 74 mn

With this acquisition, Recipharm adds an important new technology with FDA inspected facilities in the niche area of filling of sterile beta lactams

International Chemical Investors buy Sandoz's Frankfurt site

Acquisition will help ICIG to grow its enzymes-based manufacturing portfolio and dedicated antibiotics technology platform and add capabilities in microbial fermentation and enzymatic reactions

Aurobindo Pharma receives US FDA nod for acetylcysteine injection

The approved product, which is generic version of Cumberland Pharmaceuticals' Acetadote injection, has an estimated annual market size of $ 28 million

Piramal Enterprises' arm Decision Resources buys US-based Adaptive Software

Adaptive acquisition offers DRG a direct entry into the healthcare payer ecosystem, which expands DRG's addressable market

Govt to open National Dialysis Services Programme for poor patients

The budget announces the launch of new health protection scheme, which will provide health cover up-to Rs 1 lakh per family, to help poor families

US-based trade group wants India to relax import duties on medical devices

Advanced Medical Technology Association (AdvaMed) has urged the government to frame separate regulations for medical devices, increase investment in healthcare infrastructure, etc

Will the pharma industry be acknowledged in this budget?

While no major indirect tax reliefs were offered for pharma industry in the last two years, the industry expects this year's budget to provide more specifics on the 'Make in India' initiative