Lupin will fund the buy through $100 mn cash reserves and a bridge loan.
4 Ranbaxy facilities in India have been barred from exporting to US.
The lab has 18 scientists.
In March, he had said that China is responsible for the spread of the novel coronavirus and called the COVID-19 as the "Chinese Virus".
Cambridge, Massachusetts-based Moderna's announcement comes just a week after Pfizer and Biontech said their COVID-19 vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19 in participants.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
Details on prices sought as 10 generic drugs become up to 83 times costlier in 6 months
Pfizer and BioNTech said they have concluded phase 3 study of their mRNA-based COVID-19 vaccine candidate BNT162b2, meeting all primary efficacy endpoints.
Consultants are working with various teams on manufacturing, R&D, etc, to assess per-month productivity of each department.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Trump attributed the spike in the confirmed cases of coronavirus to the large-scale testing of the deadly disease.
Earning woes drag markets lower; TCS, HUL lead fall.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
In 2013, Daiichi had launched the arbitration proceedings in Singapore.
A recent survey revealed that 46 percent of girls and 30 percent of boys in the US, most of who are in their teens smoke to control their weight.
Ranbaxy, which is 63.5 per cent-owned by Japan's Daiichi Sankyo Co and gets more than 40 per cent of its sales from the United States, did not immediately respond to a request on Wednesday for comment on the FDA observations.
Indian companies have made acquisitions of $1 billion so far in January
"We have received complaint from a state yesterday and so far discussed with three states. Too much variations have been reported in results of rapid test kits and RT-PCR kits. We advise states not to use them for the next two days," ICMR's Dr Raman R Gangakhedkar said.
Maggi noodles was recalled in June because some states had found presence of MSG and excessive lead content in the samples.
Sun Pharma's offer was tempting because Ranbaxy was too busy fighting fires in the US to concentrate on operations.
'We lost our place in being first in the epidemic, when it hit India so hard, but we were actually the epicentre of the epidemic from essentially April 2020, for almost an entire year. We had such high cases. We were the country that had the most mixed response.'
Expectations of strong results, consistent performance and investors preference for stocks in the defensive space help the sector outshine broader markets.
Beside the defence forces in India, the start-up has shipped around 350,000 units to 12 countries -- the United Kingdom, France, Poland, Bangladesh, Saudi Arabia, the UAE, Kenya, South Africa, Romania, Indonesia, Qatar and Oman.
And when an inspector asked about the contents of unlabelled vials in the laboratory glassware washing area, a plant worker dumped them down a sink and said the contents could not be determined, according to a July 18 letter from the US Food and Drug Administration to Wockhardt, which makes sterile injectable drugs and various forms of insulin.
'Rolling out the vaccine is not a major challenge in India.'
Dr Reddy's gets warning from US health regulator
Nestle is sure to go for a relaunch of the noodles soon enough with an advertising blitz,
'Our preparation is based on ICMR projections, whatever preparations we have to make.' 'If they project around 70,000 is the maximum number of hospital cases by mid-May or May 30, we are preparing accordingly -- how many people will need hospitalisation.'
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Gains were led by index heavyweights with Reliance Industries contributing the most.
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.
Corporates understand that the PMO drives all key decisions in this government.
A resident doctor, working at a government hospital, upset by the poor response from the state government, offers his side of the story.
This is not the first time Gujarat Cooperative Milk Marketing Federation that owns brand Amul has chosen an unconventional method to protect its brand.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Dilip Shanghvi has never tried to be everything to everybody.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Rediff.com digs into its archives, tracking down Dr M R Rajagopal's sincere efforts of changing lives and changing the way India looks at palliative care.
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