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Overweight Indian pharma stocks defy Asian market rout. Here's why

Sep 03, 2015

Overweight Indian pharma stocks defy Asian market rout. Here's why

So far this year, Lupin Ltd has climbed 32 percent, Dr. Reddy's 31 percent, Glenmark Pharmaceuticals 42 percent and Wockhardt 29 percent #USFDA #Drugmakers #greenback #Indian pharma stocks #Asian rout #emerging market investors #MSCI Asia Pacific
Sun Pharma maybe willing to shell out $7 bn on further acquisitions

Apr 28, 2015

Sun Pharma maybe willing to shell out $7 bn on further acquisitions

Sun Pharmaceuticals Industries, emboldened by its takeover of domestic rival Ranbaxy Laboratories, is willing to spend as much as $7 billion on further acquisitions, bankers familiar with the generic drugmaker's strategy said. #Sun Pharma #Ranbaxy #Dilip Shanghvi #drugmaker
US drugmaker Merck grants free license for pediatric HIV drug

Feb 24, 2015

US drugmaker Merck grants free license for pediatric HIV drug

Drugmaker Merck & Co. has granted a free license allowing one of its HIV medicines to be made and sold inexpensively for use in young children in poor countries hard hit by the AIDS virus. #US #NewsTracker #HIV #Drugs #drugmaker #Merck #pediatric
Drugmaker Cipla to set up Rs 225 cr manufacturing plant in Iran

Oct 07, 2014

Drugmaker Cipla to set up Rs 225 cr manufacturing plant in Iran

Setting up the plant will help in faster registrations of new products and will improve its competitive position, the company said, adding it does not expect any impact on its U.S. and European businesses due to its investments in Iran. #Europe #HIV #Cipla #Africa #Iran #AIDS #Pharma #drugmaker #India #US
India battles HIV/AIDS drug shortage as some firms halt supply

Sep 04, 2014

India battles HIV/AIDS drug shortage as some firms halt supply

India is facing a shortage of HIV/AIDS drugs provided under government's free medicine programme after drugmakers halted supplies due to delayed payment #NewsTracker #HIV #AIDS #HIV drugs #Indian drugmakers #NACO #shortage of medicine
All-cash deal: Roche to buy US biotech firm InterMune for $8.3 bn

Aug 25, 2014

All-cash deal: Roche to buy US biotech firm InterMune for $8.3 bn

Roche Holding AG has agreed to buy US biotech company InterMune Inc for $8.3 billion in cash, marking the latest multibillion-dollar deal in a consolidating pharmaceutical sector.
#United States #Roche #drugmaker #InterMune #Genentech
Indian drugmakers to pay 12-15% higher facility fees as USFDA hikes rates

Aug 03, 2014

Indian drugmakers to pay 12-15% higher facility fees as USFDA hikes rates

The US laws authorise the drug and health watchdog to assess and collect user fees for certain applications and supplements for human generic drug products.
#India #US #Sun Pharma #Ranbaxy #FDA #drugmaker #Fees
Uh oh.. is Ranbaxy in more trouble?

Jan 13, 2014

Uh oh.. is Ranbaxy in more trouble?

The US Food and Drug Administration (FDA) has raised concerns about the manufacturing practices at a factory owned by Ranbaxy Laboratories, the drugmaker said on Monday, sending its shares down to nearly a one-month low.

#United States #Ranbaxy #Daiichi Sankyo #US FDA #drugmaker #Toansa
Largest PE investment in Indian pharma: KKR injects $200 mn into Gland Pharma

Nov 28, 2013

Largest PE investment in Indian pharma: KKR injects $200 mn into Gland Pharma

KKR'S latest investment in India underscores the positive outlook for generic drugmakers, despite some concerns about manufacturing quality after the recent crackdown by overseas regulators including the US Food and Drug Administration.

#DealStream #Private equity #KKR #Pharma #drugmaker #Gland Pharma
US to hike fees for generic drugmakers from Oct; Indian firms to be hit

Aug 12, 2013

US to hike fees for generic drugmakers from Oct; Indian firms to be hit

Many Indian drugmakers will soon have to bear higher costs for sale of products in American markets, as the US health regulator FDA is hiking the fees for generic drugmakers by up to 48 percent from October. #United States #NewsTracker #US FDA #drugmaker #Indian drugmakers