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Lupin in Japanese tie-up for biologics

MUMBAI, APRIL 25, 2014 : Drugmaker Lupin Ltd has entered into a joint venture agreement with Japanese pharmaceuticals company Yoshindo Inc to create a new entity, YL Biologics (YLB). YLB will be jointly managed by both partners and...

Venus Strengthens Portfolio in Swiss Market with Marketing Authorisation for Meropenem

Chandigarh, Nov 12, 2014: Gets approval from Swiss drug authority Swissmedic through its German subsidiary Venus Pharma GmbH for meropenem 500 mg, 1 g injections With plans to launch the product early next year through its partner Swiss Pharma GmbH...

Fortis Sells Singapore Hospital for Rs251 cr

New Delhi, 31 Mar, 2015: Fortis Healthcare on Friday sold its Singapore hospital to Concord Medical Services (International) Pte Ltd for SGD 55 million (approx Rs 251 crore) in line with strategy to focus on the domestic market. "The Board of...

Lupin, Merck Serono ink deal for emerging markets

Mumbai, September 22, 2014 - Drug maker Lupin has entered into a long-term partnership with Merck Serono, the biopharmaceutical division of Merck, for the emerging markets. Lupin would support Merck Serono’s expansion of the company’s general medicines portfolio in this region....

Frost & Sullivan Lauds Philips for Boosting Healthcare Delivery in Emerging Markets through its...

California, October 15, 2015: Based on its recent analysis of the medical devices market, Frost & Sullivan recognizes Philips with the 2015 Global Frost & Sullivan Emerging Market Innovation Award. To cater to the underserved medical devices market in...

Takeda Pharmaceuticals Partners with Wipro to Enable a Global “as-a-service” IT Platform

Bangalore, May 20, 2014 - Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced a strategic partnership with Takeda Pharmaceutical Company Ltd., the largest pharmaceutical company in Japan and one of the global leaders...

Health Minister opens AMRIT outlet at AIIMS for selling affordable drugs for cancer &...

New Delhi, November 16, 2015: With the aim to reduce the expenditure incurred by patients on treatment of cancer and heart diseases, the Union Minister for Health & Family Welfare, Shri J P Nadda inaugurated the Affordable Medicines and...

2 Pain-Killer Drugs Set for a Comeback, but With Riders

Mumbai December 30,2013: Pain-killer drugs Dextropropoxyphene and Analgin may be set for a comeback, albeit with warnings and suggestions of restricted use.  The drugs had been suspended by the Health Ministry earlier this year. But following a safety review...

AstraZeneca gets sales boost as Nexium drug keeps on giving

London, November 2014 - AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of generic copies of its Nexium drug in the United States kept cash flowing from the...

The Market of Medical Devices is estimated at over 35, 000 crore rupees ...

New Delhi, Feb 13, 2015: This year, while the Honorable Prime Minister is keen to have a ‘Make in India’ Policy and has announced 100 % FDI for Medical Devices, unfortunately, the ground level changes are required for making India...