Covid Vaccine IP: How Big Pharma lobbied against India

Communications between the USTR and the world's most powerful pharmaceutical and trade lobbying groups reveal that many raised concerns about India's push to exempt Covid vaccines from intellectual......

Why finding COVID-19 vaccine won't be enough to end pandemic

Medical experts have warned that the volume of vaccine available to fight the coronavirus or SARS-CoV-2 in coming years is expected to fall far short of global demand, despite an unprecedented......

Coming soon: Cheap, miracle cure for malaria

Scientists at the University of California, Berkeley, are relying on synthetic biology to produce sufficient amounts of a medicine based on an ancient Chinese herbal remedy, to protect over a......

India's pharma industry likely to take 5-6% price hikes this year

Notwithstanding the fact that the country’s pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential......

The bizarre tale of Cairn retro tax

The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time......

India pays Cairn Rs 7,900 cr to settle retro tax dispute

The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's......

Retro Tax: Cairn drops lawsuits in US, UK

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the......

Profile: Dr Vijay Mallya

Dr Vijay Mallya -- Chairman and Managing Director, Force India Formula One Team The UB Group is one of India's largest conglomerates with annual sales of over US$ 4 billion and a market......