Page 19 - Pharmaceutical
Tamil Nadu pharmacy traders approach Court against online pharmacies
Tamil Nadu Chemists and Druggists Association (TNCDA), an affiliate of the trader's organisation All India Oranisation of Chemists and Druggists (AIOCD), has filed a petition with the Madras High Court seeking the Department of Health and Family Welfare, Government of India and the drug regulators to block all websites in the country selling prescription medicines till the license are granted to them to sell medicines through online. The Association, which has over 30,000 members in retail and wholesale pharmaceutical trade in the State, also said that it has to be heard by the government before enacting any new law related to online pharmacy.When the matter came up for hearing, along with a public interest litigation related to online pharmacy, the Assistant Solicitor General informed the Court that the report of the Committee appointed to look into the regulations for online pharmacy is still under formulation and will be placed before the Government within four weeks.Based on ...
 "Tamil Nadu pharmacy traders approach Court against online pharmacies")
Piramal Enterprises buys US-based Ash Stevens to tap high potency APIs market
The company will buy the US-based contract development and manufacturing organisation (CDMO) for a total consideration of $ 42.95 million (about Rs 286 crores)
 "Piramal Enterprises buys US-based Ash Stevens to tap high potency APIs market")
Lonza buys InterHealth Nutraceuticals for $ 300 million
Acquisition will strengthen Lonza's specialty nutritional ingredients portfolio
 "Lonza buys InterHealth Nutraceuticals for $ 300 million")
US FDA issues establishment inspection report for Natco's Kothur facility
The Kothur facility predominantly caters to regulated international markets, including USA
 "US FDA issues establishment inspection report for Natco's Kothur facility")
Cipla names Umang Vohra as MD & Global CEO
The current incumbent, Subhanu Saxena will step down from his position on August 31, 2016. The company also announced that Samina Vaziralli will become executive vice-chairman
 "Cipla names Umang Vohra as MD & Global CEO")
Lupin receives US FDA for electrolyte replenisher
The approved product, potassium chloride extended-release tablet, is a generic version of Upsher-Smith Labs' Klor-Con tablet
 "Lupin receives US FDA for electrolyte replenisher")
Sun Pharma extends patient support program for cancer drug in US
Started as part of the imatinib mesylate launch in February 2016, the program is aimed at delivering greater access to the drug to patients
 "Sun Pharma extends patient support program for cancer drug in US")
Natco Pharma receives US FDA approval for generic Tamiflu capsules
Tamiflu oral capsules (Roche's trade name for oseltamivir phosphate) had US sales of about $ 403 million for twelve months ending December 2015, according to IMS Health
Dr Reddy's completes acquisition of product portfolio from Teva
The combined sales of the branded versions of these products in the US is about $ 3.5 billion MAT for the most recent twelve months ending in June 2016, according to IMS Health
 "Dr Reddy's completes acquisition of product portfolio from Teva")
Sun Pharma receives US FDA nod for diabetes drug metformin ER tablets
These tablets, which are generic versions of Glumetza, have annual sales of approximately $ 1.2 billion in the US, according to IMS Health
 "Sun Pharma receives US FDA nod for diabetes drug metformin ER tablets")
Lupin acquires 21 branded products from Japan's Shionogi for $ 150 mn
These 21 products, covering therapy areas such as central nervous system (CNS), oncology, cardiovascular and anti-infectives, had sales of Yen 9.4 bn ($ 90 million) collectively
 "Lupin acquires 21 branded products from Japan's Shionogi for $ 150 mn")
Suven receives patents for CNS drug in Macau and New Zealand
These patents are valid through 2032
Borosil Glass buys 60% stake in glass packaging company Klasspack
With this, Borosil has entered into primary pharma glass packaging business
 "Borosil Glass buys 60% stake in glass packaging company Klasspack")
China's Fosun Pharma acquires 86% stake in Gland Pharma for $ 1.26 bn
Acquisition will help Fosun Pharma to strengthen its presence in the global injectables market - one of the fastest growing segment within pharma industry
 "China's Fosun Pharma acquires 86% stake in Gland Pharma for $ 1.26 bn")
Amend Drugs and Cosmetics Act to promote e-pharmacy in India
While e-pharmacy offers convenience to people, there are concerns with respect to legitimacy of e-pharmacies, patients' safety and privacy, adverse effect on retailers business, etc
 "Amend Drugs and Cosmetics Act to promote e-pharmacy in India")
Sun Pharma signs licensing pact with Spain's Almirall for tildrakizumab in Europe
As per the agreement, which will fetch Sun Pharma $ 50 mn as an initial upfront payment, Almirall will lead the marketing effort of tildrakizumab for treatment of psoriasis in Europe
 "Sun Pharma signs licensing pact with Spain's Almirall for tildrakizumab in Europe")
RPG Life Sciences buys Sun Pharma's 7 brands for Rs 41 crore
Divested products include brands used for treatment of respiratory-track infections, urological disorders, cardiovascular diseases, etc
Vivimed arm Klar Sehen divests certain products to Ordain Healthcare for Rs 73 cr
The move is part of Vivimed's strategy to exit from the branded formulations in ophthalmology and to focus on CMO and US generic business
 "Vivimed arm Klar Sehen divests certain products to Ordain Healthcare for Rs 73 cr")
European drug regulator suspends medicines tested at Semler Research
European Medicines Agency has cited flaws in bioequivalence studies, which are required for the approval of generics, conducted at the Bangalore-based CRO as the reasons for suspension
US FDA grants approval for Glenmark's skin ointment
The approved product, triamcinolone acetonide ointment (0.5 percent), achieved annual sales of about $ 4.4 million in the US, according to IMS Health