Pharmaceuticals

Pharmaceuticals News

New 'chemputer' system may revolutionise drug production

While recent advances in chemical production have allowed some chemical compounds to be produced at laboratory scale via automated systems, the chemputer is underpinned by a new universal and interoperable standard for writing and sharing chemical recipes.

Drop in supplies: Price of key drug for kids with heart ailment hiked

The ceiling price will be raised to Rs 2.60 per ml against the current 29 p per ml — the price of a 30 ml bottle will go up from Rs 10 to Rs 78.

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Who is Martin Shkreli 'the most hated man in America'?

Martin Shkreli came to be known as "Pharma Bro" at time after founding Turing Pharmaceuticals, buying the anti-parasitic drug Daraprim and raising its price by 5,000 percent to $750 per pill.

'Pharma Bro' Martin Shkreli sentenced to seven years for defrauding investors

The Brooklyn-born entrepreneur became known as the "Pharma Bro" in September 2015 after founding Turing Pharmaceuticals, buying the anti-parasitic drug Daraprim and raising its price by 5,000 percent to $750 per pill.

Easing licence extension for drug makers, sellers

The Central Drugs Standard Control Organisation has proposed charging a licence retention fee from drug manufacturers and chemists instead of the current renewal process; the fee for medical devices is expected to be in the range of `100-50,000.

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India to unveil new drug policy: Officials

Over the last few years, clinical trials in India slowed down amid tedious court litigation and rising protests from health activists on issues related to informed consent and compensation norms, an official statement said.

US: Turing Pharmaceuticals to cut cost of drug after backlash over 5,000% price rise

The company obtained rights to sell the drug, Daraprim, the only U.S.-approved treatment for toxoplasmosis, in August. It hiked the price overnight from $13.50 per pill to $750.

Lupin to buy US firm Gavis Pharmaceuticals for $880 mn

Lupin said buying privately held Gavis would give it access to 66 generic drugs for which the New Jersey firm has sought approval.

4 held for selling medicines meant for govt hospitals

A huge quantity of medicines, including antibiotics and life-saving drugs, was recovered.

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