Page 34 - Pharma

Lonza forays into drug product development services segment

For services, the company will focus on parenteral dosage forms for biologics, drug conjugates, peptides and small molecules for products for injection or infusion

Alivira Animal Health commences operation at Vizag APIs facility

This is second API facility of Sequent Scientific's animal healthcare arm in India

Dr Reddy's receives US FDA nod for psoriasis drug Sernivo

With Sernivo spray (betamethasone dipropionate), the company is looking to expand its portfolio of medical dermatology products available in the US market

Teva to collaborate with AbCellera for novel biologics

Two companies have entered into an agreement to discover rare monoclonal antibodies by using AbCellera's high-throughput single cell antibody platform

Biogen joins global research initiative CTTV

The company will join GSK-led Centre for Therapeutic Target Validation (CTTV), a public-private collaboration to improve the success rate for discovering new medicines

Strides Shasun buys stake in Australian and Kenyan pharma firms

The company has acquired 51% stake in Australia's Generic Partners Holding and Kenya's Universal Corporation

HCL to collaborate with Microsoft for industrial Internet of Things

Indian tech firm sets up incubation center, designed to leverage Microsoft Azure IoT Suite, for building solutions focused on two areas - industrial and life sciences & healthcare

Bharat Biotech unveils first vaccine candidate for Zika Virus

The company will probably be the first in the world to file for global patent for Zika vaccine candidates

SRF commissions specialty chemicals plant in Dahej

The plant will manufacture specialty chemicals used in pharmaceutical sector

Abbott acquires point of care diagnostics firm Alere for $ 5.8 bn

With this, Abbott gains leadership in the $5.5 billion point of care segment, broadens diagnostics footprint and enhances access to fast-growing diagnostics channels

Improve varieties of medicinal plants to enhance farmer's income: Dr Harsh Vardhan

Minister urges scientists to take steps towards standardisation of ayurvedic drugs so that their use can be increased in health care

US FDA issues warning letter for Ipca Labs' 3 plants

Ipca has received warning letter for its manufacturing units based at Ratlam (Madhya Pradesh), SEZ Indore (Pithampur) and Piparia (Silvassa)

Dr Reddy's Labs receives US FDA nod for doxycycline cap

Promius Pharma, the US subsidiary of Dr Reddy's Laboratories, will be responsible for commercialising Zenavod (doxycycline) capsule in the US market

Unichem receives US FDA nod for prostate drug alfuzosin

Alfuzosin hydrochloride extended release tablet, a generic version of Concordia Pharmaceuticals' Uroxatral tablet, is used in treating prostatic hyperplasia

Indian pharma market to reach $ 55 bn by 2020

Biosimilars segment, another lucrative market in Indian pharmaceutical sector, is expected to increase to $40 billion globally by 2020, as per GlobalData report

Aurobindo Pharma receives US FDA nod for pain killer and epilepsy drug

The company has received US FDA's green signal for celecoxib capsules (used for treating pain and inflammation) and levetiracetam injection (an epilepsy drug)

Sun Pharma launches Gleevec's generic in US

The company, which received final approval for imatinib mesylate from US FDA in December 2015, also has 180 days of marketing exclusivity for being a first-to-file product

Aptar Group acquires Mega Airless for $ 218 mn

This transaction will enable Aptar Group to tap the airless dispensing systems market

Apollo Hospitals sells 23% stake in Apollo Munich to German partner

The deal, worth Rs 163.5 crore, will strengthen the presence of Germany's Munich Re in India which is one of the key markets for the company

Turn to small towns for making healthcare accessible to all Indians

With metros saturated with big multi-specialty hospitals, tier II cities and smaller towns, which have substantial populations, offer huge opportunity for private hospitals