PHOTOS: Mumbai received 10 days worth of rain in 24 hours; 2 killed

Heavy rains pummelled Mumbai and its suburbs in which two persons died of electrocution and bringing normal life to a grinding halt on Friday with several areas waterlogged and local train services......

Trade generics growth to dent value expansion of domestic drug market

Rising penetration of trade generic medicines is eating into the value growth of the domestic pharmaceutical market, showed a recent analysis. Photograph: Jacky Naegelen/Reuters According to a......

Big pharma firms shift tack, look to bet on trade generics as volumes dip

Trade generic drugs (medicines that are sold directly through distributors) are fast becoming a key segment for domestic pharma firms as volume growth slows in the overall market. Image used for......

India business to put a spring in pharma's step

Hospitals to recover from sluggish Q3; diagnostics' growth rate at pre-Covid levels. Illustration: Uttam Ghosh/Rediff.com Analysts feel that revenue and EBIDTA growth in the pharmaceutical sector......

Why 1,700 employees of Pfizer's India arm may lose their jobs

A key lesson for the pharmaceutical sector in this case is to not downplay the significant impact that regulatory non-compliance can have on operations. US pharmaceutical major Pfizer has......