Zydus Lifesciences on Wednesday said it has received approval from the US health regulator to market Nitroglycerin Sublingual tablets, used to treat chest pain, in the American market.
Pfizer's oral Covid drug, weak sales of generics, and valuations may cap upsides
Lupin on Wednesday said it has launched the capsules
Dr Reddy's Laboratories and Natco Pharma on Thursday said they have launched generic capsules used in the treatment of multiple myeloma and myelodysplastic syndrome patients in the Canadian market.
Drug maker Lupin on Tuesday said it has launched antifungal product Tavaborole Topical Solution in the US market.
These developments come amid fast spread of the disease in various states and shortage of drugs to treat them.
Analysts expect ramp-up in biosimilars to be gradual
Biotechnology major Biocon on Monday said its subsidiary has joined hands with Libbs Farmaceutica to launch generic drugs in Brazil, the world's sixth most populous country.
Biocon's consolidated revenue for Q3 of FY21 increased by 7.20 per cent at Rs 1878.9 crore as against Rs 1752.6 crore for the said quarter last year
Regulatory safeguards to ensure quality and efficacy of drugs are a necessary pre-condition for effective competition between generic and branded drugs
The report says if chemists are allowed to replace doctor's prescription with a generic drug, firms with high exposure to chronic therapeutic drugs will be impacted more
India accounts for 40 per cent of US generic drug imports, including the anti-malarial hydroxychloroquine, touted by US President Donald Trump in the fight against Covid-19.
The drug will be manufactured at Nesher Pharma's manufacturing facility at St. Louis in the US, the drug firm says
Company says it strongly disagreed with the charge, has 'overwhelming evidence' to support its innocence.
The Dhaka-based Beximco, which counts Norges Bank as one of its investors, will sell remdesivir for about 6,000 taka ($71) a vial to private clinics but will give it free to state-run hospitals
The rules of the game in India's branded generics market are fuzzy to say the least
By adding over 250 stores in next three years, Medkart is looking to grow its turnover from Rs 20 crore currently to Rs 300 crore in the next three years
Prosecutors have been investigating allegations that generic drugmakers conspired to prop up the prices of certain widely used medications for more than five years
According to Prasad, the relevance of Indian pharma sector as a provider of affordable alternative to the world remains intact
The total addressable market size for all these eight products is about $1 billion (according to recent IQVIA data) in mainland China