pharma companies
PHARMA COMPANIES NEWS
Torrent to buy 46.39 pc stake in JB Chemicals for Rs 11,917 crore
June 29, 2025 9:41 pm
Open offer for another 26 pc; Both companies to merge; 100 shares in JB Pharma will receive 51 shares of Torrent
Indian firm used toxic industrial-grade ingredient in syrup: Report
June 28, 2023 8:59 am
The company, Marion Biotech, bought the ingredient — propylene glycol (PG) — from trader Maya Chemtech India, as reported by Reuters. But Maya did not have a licence to sell pharmaceutical-grade materials and "dealt in industrial-grade only."
Gland Pharma shares plunge 20%, hits 52-week low on weak Q4 results
May 19, 2023 3:02 pm
Gland Pharma's stock plunged to a 52-week low of Rs 1070.8, after falling 20 per cent on BSE. The shares of Gland Pharma were locked in the lower limit.
Dolo 650 maker Micro Labs rejects allegations of Rs 1,000 cr worth freebies to doctors
August 22, 2022 9:20 am
Last month, the Income Tax department conducted searches at the premises of the drug firm over alleged tax evasion.
The distributor giants at the heart of the opioid crisis in the US
April 22, 2019 5:34 pm
In the two decades since OxyContin was introduced in 1996, there have been nearly 218,000 overdose deaths related to prescription opioids.
Centre bans 328 combination drugs in setback for pharma companies
September 13, 2018 7:03 pm
The president of the Indian Drug Manufacturers' Association said the order would have an impact on a market worth an estimated 16 billion rupees a year for such drugs, which are produced by both small and large pharma companies.
Cabinet clears KKR Floorline investments in two pharma companies
May 13, 2014 6:56 pm
This is one of the last decisions taken by PM Manmohan Singh-led Cabinet.
MCI tells doctors: Use block letters when you write prescriptions
February 11, 2014 10:33 am
Doctors have welcomed the move but health ministry sources said they had no information about the decision.
Govt rejects proposal to cut FDI cap in pharma firms
November 29, 2013 10:12 pm
DIPP proposed to reduce FDI cap to 49 pct in rare and critical pharma units.
Govt to review FDI policy in housing,pharma on Monday
November 23, 2013 3:47 am
The tightening of FDI norms in existing pharma firms come in the wake of concerns over MNCs taking over domestic drug makers.
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