Brian Druker, who invented the drug's molecule, says it would benefit patients in the short term.
Patients' lobbies cheer ruling on anti-cancer drug Glivec, as affordability and access to life-saving drugs get a leg-up.
s also create buzz with contests, promotions, mall activations and events.
After Bobby Kumar's exit over controversial Ford ads, industry is abuzz with speculations on his replacement.
Brokerage houses reacted to the piece of news by reducing the target price assigned to the company.
Old rivals HUL and Reckitt brag product potencies
After flirting with 'indulgent' variants, Horlicks and Foodles have tasted success with their health and nutrition positioning.
Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.
In some cases fake degrees and certificates were uncovered.
The production of durable products (refrigerators, washing machines, air conditioners and conventional television sets) is contracting in India, according to new data released last week.
The last one year has been hectic for Dutch major Philips.
As funding from foreign private equity and venture capital firms is the lifeline for most online retailers, the restriction on foreign direct investment is threatening to block any fresh investment into the sector.
Harpreet Singh Tibb has worked at the largest fast-moving consumer goods company in the country, Hindustan Unilever.
As urban shoppers tighten their belts, companies are betting on rural consumers and smaller packs to fire up sales.
The attempt is to maximise revenues at a time when advertisers are increasingly demanding greater bang for the buck.
In January, consumer price index-based inflation rose for the fourth consecutive month. It stood at 10.78 per cent, against 10.56 per cent in December.
In 2012, drugs worth $35 billion went off-patent in the US, while the market size of drugs which will see patent expiry in 2013 will halve to $17 billion.
Volume growth, a key metric for most consumer companies, was down to five per cent for HUL in the third quarter from almost 9-10 per cent a year ago.
Hindustan Unilever, the FMCG major, has posted disappointing numbers for the December quarter on weak consumer sentiment, specially in discretionary categories.
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