Page 44 - Pharma
Syngene plans $100 mn manufacturing facility in Mangalore
The contract research & manufacturing company is in process of acquiring 40 acres land for the facility at Mangalore SEZ, Karnataka
 "Syngene plans $100 mn manufacturing facility in Mangalore")
Sun Pharma completes GSK's opiates business acquisition in Australia
The deal, first announced in March 2015, significantly expands Sun Pharma's narcotics raw material capability through two opiates manufacturing facilities in Australia
 "Sun Pharma completes GSK's opiates business acquisition in Australia")
Celgene completes $7.2 bn deal to takeover Receptos
The deal enhances Celgene's inflammation & immunology portfolio with the addition of Ozanimod, a high potential drug in Phase III trials for inflammatory bowel disease & multiple sclerosis
Novo Nordisk to invest $2 bn in new US and Denmark facilities
The expansion, which involves setting up of new production facilities in Clayton (USA) and Malov (Denmark), will help Novo Nordisk meet the increasing global demand for its diabetes medicines
 "Novo Nordisk to invest $2 bn in new US and Denmark facilities")
US FDA grants approval for Aurobindo Pharma's osteoporosis drug
The drug, raloxifene hydrochloride tablet, has an estimated market size of $ 404 million for the twelve months ending June 2015, according to IMS
Dr Reddy's executive VP Umang Vohra steps down
The company announces management changes; Appoints Alok Sonig as EVP & head North America generics and M V Ramana as EVP & head branded markets (India & emerging countries)
Sequent Scientific buys Lyka's animal business
The acquired business will strengthen Sequent Scientific's portfolio in cattle and dairy segment and will complement its existing India formulations business
 "Sequent Scientific buys Lyka's animal business")
Lupin receives US FDA nod for generic Prilosec capsules
Generic Prilosec, omeprazole delayed-release capsules 40 mg, is indicated for the treatment of ulcer and gastro esophageal reflux disease (GERD)
 "Lupin receives US FDA nod for generic Prilosec capsules")
Indian nutraceuticals industry to touch $6.1 bn by 2020
The global nutraceuticals market is expected to cross $ 262.9 billion by 2020 from the current level of $ 182.6 billion, says a ASSOCHAM-RNCOS study
 "Indian nutraceuticals industry to touch $6.1 bn by 2020")
Majority in US support policy changes to curb drug costs: A survey
As per the poll conducted by the Kaiser Family Foundation, a large view the cost of prescription drugs as unreasonable (72%) and drug companies make too much profit (73%)
 "Majority in US support policy changes to curb drug costs: A survey")
Valeant buys Addyi maker Sprout Pharma for $1 bn
As per the deal, Sprout, which recently received US FDA approval for female libido drug Addyi, will become a division of Valeant
 "Valeant buys Addyi maker Sprout Pharma for $1 bn")
Aurobindo Pharma receives US FDA nod for ulcer and osteoporosis drugs
While omeprazole delayed-release cap is indicated for active duodenal ulcer, ibandronate sodium injection is used for treatment of osteoporosis in postmenopausal women
 "Aurobindo Pharma receives US FDA nod for ulcer and osteoporosis drugs")
US FDA grants approval for Sun Pharma's derma product Ximino
The approval for Ximino extended-release capsules will further strengthens the company's branded dermatology portfolio in the US
 "US FDA grants approval for Sun Pharma's derma product Ximino")
Evonik opens lab for medical devices in Shanghai
Lab will provide support to medical device manufacturers, who use Evonik biodegradable polymers in their products such as orthopaedic screws, plates, etc
 "Evonik opens lab for medical devices in Shanghai")
Glenmark to launch oral contraceptive drug in US soon
The company has received final approval for drospirenone and ethinyl estradiol tablet, a generic version of Bayer Healthcare Pharmaceuticals' Yaz tablet, from US FDA
Aromatic solvents market to touch $7.76 bn by 2023
Demand for aromatic solvents as corrosion inhibitors in the oil & gas industry is likely to fuel the growing aromatic solvents market, says a new Transparency Market Research report
 "Aromatic solvents market to touch $7.76 bn by 2023")
IIT Bombay joins hand with Australia's Monash University for research
The Australian Government has invested $1.5 million in seed funding for the establishment of the IITB-Monash Research Academy
 "IIT Bombay joins hand with Australia's Monash University for research")
Govt to set up research centre for Ayurveda
All India Institute of Ayurveda, which will be set up in New Delhi, is expected to start working by 2016
 "Govt to set up research centre for Ayurveda")
Dr Reddy's launches pramipexole dihydrochloride ER tablet in US
The tablet, a generic version of Mirapex ER owned by Boehringer Ingelheim, is used to treat symptoms of Parkinson's disease
 "Dr Reddy's launches pramipexole dihydrochloride ER tablet in US")
Claris to resume furosemide injection supply in US
Since January 2015, Claris Lifesciences had to stop furosemide injection supply to the US as it was facing supply issues from its raw material supplier
 "Claris to resume furosemide injection supply in US")