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No F-16s for Pakistan, clarifies US

The United States has no plans of releasing F-16 fighter jets to Pakistan that were sold in the late 1980s, the Pentagon clarified on Thursday night. Several media reports said the United States......

Sandoz to close generic development centre

Sandoz, the generic arm of Swiss drug maker Novartis, has decided to shut its facility for development of generic drugs in India. The facility, known as Sandoz Development Centre located near......

Sandoz shuts unit near Mumbai

Sandoz, the generic arm of Swiss drug maker Novartis, recently closed its facility developing active pharmaceutical ingredients (API) near Mumbai, a person close to the development told Business......

Abbott Labs sues Ranbaxy

Abbott Laboratories is suing India's Ranbaxy Laboratories as well as Israel's Teva and Sandoz of the Novartis group, in Chicago for allegedly violating its patents protecting Omnicef, a drug used......

Sandoz in local outsourcing plan

Sandoz, a Novartis group company, is evaluating manufacturing and outsourcing activities in India to optimise capabilities for its global market requirements. Andreas Rummelt, chief executive......

Novartis to sell Rifampicin biz to Sandoz

The board of directors of Novartis India has approved a proposal to sell the Rifampicin bulk drug business, together with its Mahad facility, to Sandoz for Rs 30.77 crore (Rs 307.7 million).......
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Kyoorius Awards sees 40% rise in entries for advertising & digital categories

MUMBAI: The second edition of the Kyoorius Advertising & Digital Awards has received a whopping 1419 entries by Indian agencies and studios. This... ...

http://www.indiantelevision.com/mam/marketing/kyoorius-awards-sees-40-rise-in-entries-for-advertising-digital-categories-150423
Novartis net profit dips by 6% to $2,306 million in Q1

Novartis International AG has received setback during the first quarter ended March 2015 and its net profit from continuing operations declined by... ...

http://www.pharmabiz.com/NewsDetails.aspx?aid=87899&sid=2
Novartis delivered sales growth (cc), significant margin expansion (cc) and strong innovation in Q1[1]; now with a more focused portfolio

· *Continuing* *operations[1] saw sales, core[2] operating income and core EPS grow (cc[2]) in Q1* · Net sales were USD 11.9 billion (-7%, +3%... ...

http://newsr.in/n/Press+Releases/754zwr0sp/Novartis-delivered-sales-growth-cc-significant-margin.htm
Teva offers to buy Mylan for $40.1 billion

NEW YORK: Teva Pharmaceutical Industries made an unsolicited offer to buy Mylan NV for about $40.1 billion, in the drug industry's largest takeover... ...

http://economictimes.indiatimes.com/news/international/business/teva-offers-to-buy-mylan-for-40-1-billion/articleshow/47007705.cms
As Daiichi exits, Sun Pharma faces prospect of a mammoth rival

On Tuesday, Japanese drug maker Daiichi Sankyo sold its entire 9% stake in Sun Pharma for Rs. 20,456 crore. Photo: Hemant Mishra/Mint Tel... ...

http://www.livemint.com/Companies/RDMR0nJoi2iRVIDaCYtUaM/As-Daiichi-exits-Sun-Pharma-faces-prospect-of-a-mammoth-riv.html

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