Page 9 - Pharma
Aadhaar-linked health cards is a welcome step: Dr Prathap C Reddy
Harmonisation of rules for medical devices will have a positive impact for healthcare sector
 "Aadhaar-linked health cards is a welcome step: Dr Prathap C Reddy")
Govt to formulate new rules for regulating medical devices
It will amend Drugs & Cosmetics Rules to ensure availability of low-cost drugs & promote generics
 "Govt to formulate new rules for regulating medical devices")
Piramal Group buys UK-based Mallinckrodt's pharma products for $171 mn
The acquired portfolio of drugs belongs to spasticity and pain management categories
 "Piramal Group buys UK-based Mallinckrodt's pharma products for $171 mn")
Johnson & Johnson buys Swiss biopharma firm Actelion for $ 30 billion
It will also have 16% stake in Actelion's yet-to-be created R&D company
 "Johnson & Johnson buys Swiss biopharma firm Actelion for $ 30 billion")
Biocon bags Rs 460 crore contract for insulin in Malaysia
It will supply rh-insulin manufactured at its Malaysian plant to public sector hospitals & clinics
 "Biocon bags Rs 460 crore contract for insulin in Malaysia")
For innovation in diagnostics, budget should focus on Design for India
Tax reduction on lab chemicals will have a much more visible effect on the healthcare sector
 "For innovation in diagnostics, budget should focus on Design for India")
Lupin receives US FDA nod for anti-depressant drug paroxetin
The approved product is the generic version of Apotex Technologies' Paxil CR tablet
 "Lupin receives US FDA nod for anti-depressant drug paroxetin")
India should prepare strategy to prevent emerging & chronic diseases
Govt should create a technology-based healthcare sector to tackle threats from various diseases
 "India should prepare strategy to prevent emerging & chronic diseases")
Diagnostics can help in effective implementation of healthcare budget
There is a need to push for local production of reagents & medical devices to reduce diagnosis cost
 "Diagnostics can help in effective implementation of healthcare budget")
If govt is serious about the poor, then set lower GST rates for pharma
While price control regime brings down drug prices, it also leads to shortage of life-saving drugs
 "If govt is serious about the poor, then set lower GST rates for pharma")
Foster PPP to percolate benefits of affordable healthcare to the masses
To achieve universal health coverage by 2030 bring in a multi-sectorial plan for next few years
 "Foster PPP to percolate benefits of affordable healthcare to the masses")
Zydus Cadila enters $8-bn US specialty pain market by buying Sentynl
With this, Zydus gains access to the specialty distribution network and large prescriber base in US
 "Zydus Cadila enters $8-bn US specialty pain market by buying Sentynl")
Cipla arm Goldencross Pharma sells Four M Propack to Shriji Polymers
This will enable Shriji Polymers to consolidate its position in the pharma plastic packaging segment
 "Cipla arm Goldencross Pharma sells Four M Propack to Shriji Polymers")
Zydus settles patent litigation for cholesterol lowering drug with Kowa
As per the deal, Zydus granted a license to market Livalo (pitavastatin calcium) tablet generics
 "Zydus settles patent litigation for cholesterol lowering drug with Kowa")
Pharma sector expects a sweet pill from budget 2017
Budget should present some tax sops to all the stakeholders - pharma companies as well as patients
 "Pharma sector expects a sweet pill from budget 2017")
Set up Rs 10-bn pharma technology upgradation fund: Dr Rajeev Boudhankar
Budget should make the announcement on providing infrastructure status to the hospital industry
 "Set up Rs 10-bn pharma technology upgradation fund: Dr Rajeev Boudhankar")
Avoid protectionist barriers in medical devices sector: Varun Khanna
Govt should recognise the importance of innovation in meeting India's overwhelming healthcare needs
 "Avoid protectionist barriers in medical devices sector: Varun Khanna")
Budget should impart industry status to healthcare: Dr Rajendra Patankar
It will incentivise indigenous production of medical equipment & bring in latest technology
 "Budget should impart industry status to healthcare: Dr Rajendra Patankar")
US-based wellness firm Ionic MSM starts production facility in Jaipur
The company is targeting sales of Rs 500 crore from India and Asia in the next 5 years
 "US-based wellness firm Ionic MSM starts production facility in Jaipur")
Daiichi Sankyo shuts down Indian R&D unit
The unit mainly conducted drug discovery research targeting infectious diseases & inflammation
 "Daiichi Sankyo shuts down Indian R&D unit")