Prices of key Covid bulk drugs shoot up as demand rises

The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December......

Maha govt reduces security of Fadnavis, Raj Thackeray

The Maharashtra government has reduced the security of Leader of Opposition in the Assembly Devendra Fadnavis and his family, former UP governor Ram Naik and Maharashtra Navnirman Sena......

As domestic sales decline, drug makers focus on exports

While sales in the domestic market declined 4.2 per cent during the April-July period, exports grew steadily at 9.5 per cent during the same period. Exports are helping pharmaceutical (pharma)......

'Cipla has emerged as a great "catchment area" for talent'

An insider said that over the past decade or so Cipla has become immune to the exits of leaders. There have been no directional change in the long-term strategies. This is a pandemic-hit year, but......

Covid drug sales shine even as market slows

Fabiflu sales have grown by 62 per cent in July. It was launched in June. This drug is being used by doctors for mild-to-moderate Covid patients even if they are in home isolation. Even as the......

Cipla working on multiple therapies to fight spread of COVID

Cipla is among the three Indian companies that signed a non-exclusive licensing agreement with US-based Gilead Sciences to make and distribute the latter’s repurposed Ebola drug Remdesivir in......