Lupin buys anti-cholesterol drug rights for $39 mn
SME Times News Bureau | 29 Sep, 2009
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| Indian pharmaceuticals major Lupin on Tuesday said it had acquired the rights for Antara, a drug to treat high blood cholesterol and high triglycerides, for $38.61 million from the US-based Oscient Pharmaceuticals.. |
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Pharma exports up by 29% in 2008-09
SME Times News Bureau | 26 Sep, 2009
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| India's exports of drugs, pharmaceuticals and fine chemicals grew by 29 percent last fiscal to Rs.39,538 crore (around $9.35 billion) compared to the previous fiscal, Commerce and Industry Minister Anand Sharma said on Friday.. |
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Global vaccine company to be set up in India
SME Times News Bureau | 18 Sep, 2009
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| In what was described as a global first, American pharmaceutical giant Merck and Britain's largest charity, Wellcome Trust Thursday announced the formation of an India-based nonprofit company that will produce cheap vaccines for the developing world.. |
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Fall in pharmaceutical exports a cause of concern: FIEO
SME Times News Bureau | 11 Sep, 2009
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| The exports figure for August 2009 truely reflect gradual improvement in world economy. Indian Exports which had fallen 33.3%, 33.2%, 29.2%, 27.7% and 28.4% in respective months from March to July 2009 have finally declined below 20% (from USD 17.8 billion to USD 14.3 billion) in August 09, said A. Sakthivel, President, Federation of Indian Export Organisations ( FIEO).. |
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Pfizer revises open offer for Indian arm
SME Times News Bureau | 26 Jun, 2009
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| Global pharmaceutical major Pfizer on Thursday revised its open offer to acquire a further 33.77 percent stake in its Indian subsidiary from Rs.675 per share to Rs.830 per share.. |
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