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Before Obama visit, US drug firms lobby for ease of doing business

Several US-based firms, sources say, are lobbying with regulatory authorities over the price-control framework, which is hurting their margins. Weeks before US President Barack Obama’s visit......

FIPB clears GlaxoSmithKline's Rs 6,400-crore FDI proposal

FIPB on Monday cleared Rs 6,400-crore (Rs 64-billion) foreign direct investment proposal of GlaxoSmithKline to acquire additional 24.33 per cent stake in its India arm. "The proposal of......

All pharma M&As to be cleared by CCI: Plan panel group

A Planning Commission expert groupon Tuesdayrecommended that all mergers and acquisitions (M&As) in the pharmaceutical industry should be cleared by competition watchdog, CCI to ensure that such......

Life saving move! India rejects Abbot's HIV drug patent

India has rejected a drug patent application of a United States multinational pharma company, paving the way for easy access to an important life-saving medication for HIV patients across the......

Wockhardt-Abbot deal gets high court go-ahead

Wockhardt's efforts to restructure its operations have received a boost with the Bombay high court declining to grant an injunction sought by a section of its investors to stall the divestment of......

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