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Why GSK is changing its strategy after 93 years

Increased price control over branded generic medicines has affected its profitability GlaxoSmithKline (GSK) Pharmaceuticals is scouting for acquisitions in the domestic market for the first time......

Sensex snaps 7-day losing streak on bargain hunting, ends 61 points higher

Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red The benchmark indices on Friday settled higher thanks to early rollovers to January series and......

India eyes oil-for-drugs deal with Venezuela to recoup pharma cash

Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency Indian......

Sensex, Nifty post best gain in a month

Prospects of an interest rate cut by the RBI at its forthcoming monetary policy review spurted buying across the board. Markets rebounded to end with strong gains amid a rally in global stocks......

US warns Novartis on manufacturing violations at 2 India plants

The US Food and Drug Administration warned Novartis AG last week after the Swiss firm was found in violation of manufacturing practices last year at two of its India drug-making plants, Novartis......
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Novartis CEO says it’ll take more than just vaccines to fight Covid pandemic

“At minimum, therapeutics are a bridge to those high-volume, high-efficacy vaccines,” Narasimhan said in an interview. By Naomi Kresge Vaccines... ...

https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/novartis-ceo-says-itll-take-more-than-just-vaccines-to-fight-covid-pandemic/articleshow/78400519.cms
Dr Reddy#39;s launches OTC eye allergy drop in US

The newly-launched product is the storebrand equivalent of Novartis AG#39;#39;s Pataday, the drug major said in a regulatory filing. ...

https://www.moneycontrol.com/news/business/dr-reddy39s-launches-otc-eye-allergy-dropus_14284441.html

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