News for 'drug development'

Jaahnavi Kandula to be awarded master's degree posthumously

Jaahnavi Kandula to be awarded master's degree posthumously

Rediff.com16 Sep 2023

Jaahnavi Kandula, the Indian student who was struck and killed by a speeding police car here will be awarded her master's degree posthumously, the Chancellor of Northeastern University has announced, hoping that the ongoing probe will bring a measure of justice and accountability.

'Manipur peace committee members were superimposed by Centre'

'Manipur peace committee members were superimposed by Centre'

Rediff.com26 Jun 2023

'This committee underscores the Indian State's longstanding conventional approach to leverage top-down conflict management in North East India in general and Manipur in particular.' 'Trying to 'manage' violent conflicts top-down has not worked in the past, and apparently does not seem to work this time either.'

NPIL in cancer drug discovery pact with Merck

NPIL in cancer drug discovery pact with Merck

Rediff.com20 Nov 2007

The company is demerging its new chemical entity research unit into a separate company to meet the demands of increased spend on research and development, and to insulate investors from the risks involved. According to the deal signed with Merck, NPIL will discover and develop new drugs for two selected targets provided by Merck in the area of cancer.

Central panel to study WHO report on deaths linked to Indian syrups

Central panel to study WHO report on deaths linked to Indian syrups

Rediff.com12 Oct 2022

They said after examining and analysing the adverse event reports, causal relationship and all related details shared by or to be shared by the WHO, the committee will advise and recommend further course of action to the Drugs Controller General of India (DCGI).

India defends right to issue drug 'compulsory licences'

India defends right to issue drug 'compulsory licences'

Rediff.com23 Mar 2016

The USTR has placed India on its "priority watch" list for two years in a row, saying the country's patent laws unfairly favour local drug makers.

'Sun Pharma offers the best medium- to long-term earnings growth visibility'

'Sun Pharma offers the best medium- to long-term earnings growth visibility'

Rediff.com3 Apr 2023

India's largest listed pharmaceutical (pharma) company - Sun Pharmaceutical Industries (Sun Pharma) - is expected to maintain its outperformance vis--vis the sector's, as its multiple bets on specialty products, improving product mix, recent acquisitions, and branded business are finding favour with brokerages. While it has gained 7 per cent over the past year, the Nifty Pharma Index is down 13.6 per cent. Its outperformance over two years has been fairly evident, with the market leader gaining 66 per cent to Nifty Pharma's minus 1.4 per cent.

Pharma R&D: Basic drug research only a part

Pharma R&D: Basic drug research only a part

Rediff.com22 Apr 2013

Spending allocation covers salaries, consultancy, litigation, material expense and regulatory costs.

Glenmark gets $15mn from Forest

Glenmark gets $15mn from Forest

Rediff.com7 Feb 2008

Under Glenmark's 2004 collaborative deal with Forest, the latter had the right to develop and sell the asthma and chronic obstructive pulmonary disorder drug in North America for an upfront payment and additional fees for each developmental milestone that could total $190 million in all. Upon commercialisation, Glenmark will retain the rights for selling the drug for the rest of the world while Forest will continue to sell the drug in North American.

Global drug majors slow R&D offshoring to India

Global drug majors slow R&D offshoring to India

Rediff.com12 Feb 2009

New drug discovery and contract research have taken a back seat as global drug majors have slowed down their research and development offshoring to India.

160 terrorists waiting in launchpads across LoC, says Army commander

160 terrorists waiting in launchpads across LoC, says Army commander

Rediff.com22 Nov 2022

Around 300 terrorists are present in Jammu and Kashmir, while 160 others are waiting on the launchpads for an opportunity to sneak into this side from across the Line of Control (LoC) in Pakistan, a top army commander said on Tuesday.

Strides, STADA plan drug for US

Strides, STADA plan drug for US

Rediff.com14 Apr 2005

Strides Arcolab Ltd's, US subsidiary Strides Inc and STADA Pharmaceuticals Inc, the US subsidiary of STADA Arzneimittel AG, have signed a development and supply agreement for a prescription generic drug product for the US market.

Indian scientists develop new TB vaccine

Indian scientists develop new TB vaccine

Rediff.com26 Aug 2004

The vaccine is a live form of a different strain of Mycobacterium, the bacteria that cause tuberculosis, a Council of Scientific and Industrial Research report said.

Indian pharma majors cash in on off-patent drugs

Indian pharma majors cash in on off-patent drugs

Rediff.com1 May 2007

In comparison, Indian companies received only 23 out of 139 final approvals (16.54 per cent) in the corresponding period in 2006.

Here's Chantix, a drug that helps you quit smoking

Here's Chantix, a drug that helps you quit smoking

Rediff.com12 May 2006

Scientists have developed a new and more effective drug to help smokers quit the habit, which is known to reduce the life span of those addicted by about 10 years and is the single most important factor for heart attacks the world over.

US co's AIDS drug: India refuses patent protection

US co's AIDS drug: India refuses patent protection

Rediff.com2 Sep 2009

In a victory for Indian drug companies, patent protection has been refused to Tenofovir, an anti-AIDS medicine of the US-based Gilead Sciences. The decision was taken by the patent office in New Delhi.

What Will Today's PLI Meeting Decide?

What Will Today's PLI Meeting Decide?

Rediff.com27 Jun 2023

Centre mulls strategy to ensure powers given to the agencies are not misused.

Top Indian generic drug makers look to US as patents end

Top Indian generic drug makers look to US as patents end

Rediff.com9 May 2013

They seek to profit from big-selling drugs going off-patent this year in the lucrative market.

Nirma's new clothes: The journey of detergent brand towards healthcare

Nirma's new clothes: The journey of detergent brand towards healthcare

Rediff.com12 Oct 2023

Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.

Avesta Bio to launch 8 drugs by 2012

Avesta Bio to launch 8 drugs by 2012

Rediff.com12 Sep 2008

ABRPL is working on developing drugs for anaemia, cancer and arthritis, said Bruce Murdoch, chief business officer, Avesthagen. "We are targeting high-end products that are going off-patent and are not working on popular soon-to-be off-patent biotech molecules. We should be able to bring a couple of molecules into the commercialisation stage next year," he said.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

'Modi must resist US pressure on drug patents'

'Modi must resist US pressure on drug patents'

Rediff.com30 Sep 2014

Western drugmakers, including Pfizer Inc, Novartis AG, Roche Holding AG and Sanofi SA, covet a bigger share of the fast-growing Indian drugs market.

'Believe me, nobody can do reassurance better than Mr Modi'

'Believe me, nobody can do reassurance better than Mr Modi'

Rediff.com1 Oct 2023

'You ain't seen anything yet,' EAM Jaishankar says about the India-US relationship.

After ban on drug facilities, US regulator comes calling

After ban on drug facilities, US regulator comes calling

Rediff.com10 Feb 2014

Margaret A Hamburg, the first commissioner of the US Food and Drug Administration (US FDA) to visit India officially, will meet heads of major domestic pharma companies such as Ranbaxy, Wockhardt, Cadila Healthcare and Lupin in New Delhi.

Poor nations guinea pigs for US drug trials

Poor nations guinea pigs for US drug trials

Rediff.com24 Aug 2010

The Duke Clinical Research Institute study found that majority of the paediatric trials enrolled patients in at least one country outside the US.

Local drug makers worried as regulators start working together

Local drug makers worried as regulators start working together

Rediff.com26 Dec 2013

Various domestic companies such as Ranbaxy, Wockhardt and Agila Specialities recently came under the US FDA scanner for lapse in manufacturing practices.

'Emergence of another coronavirus is inevitable'

'Emergence of another coronavirus is inevitable'

Rediff.com13 May 2020

'The worst case scenario is a rebound of the virus.' 'Life is not going to be what it was.' 'Life as we know it has changed forever.' 'The new normal therefore is test, trace and treat.'

Sharapova's intent questioned - Why was she taking banned heart drug?

Sharapova's intent questioned - Why was she taking banned heart drug?

Rediff.com9 Mar 2016

'Sharapova has been a US resident since early in her career, which does bring in a question of how or why she is using a drug that is not licensed there'

Health Min may ban two drugs soon

Health Min may ban two drugs soon

Rediff.com16 Mar 2011

The move comes after international studies revealed that Gatifloxacin posed 17 times higher risk of developing serious hyperglycemia than other antibiotics in elderly patients.

Banned ketamine drug worth Rs 118 crore seized; six held

Banned ketamine drug worth Rs 118 crore seized; six held

Rediff.com14 Dec 2013

market, was today seized from an illegal drug manufacturing unit in Jalgaon district in north Maharashtra and six persons were arrested, Directorate of Revenue Intelligence officials said.

Cancer drug puts licence, patent rules to test

Cancer drug puts licence, patent rules to test

Rediff.com16 Jan 2008

The drugs manufacturing industry is on a state of alert following two landmark developments over a cancer treatment medicine.

All life-saving drugs may come under price cap

All life-saving drugs may come under price cap

Rediff.com25 Oct 2014

NPPA suggests expanding the list of essential medicines whose prices are controlled

Pharma funds: 'Enter with a horizon of 5-7 years or more'

Pharma funds: 'Enter with a horizon of 5-7 years or more'

Rediff.com14 Mar 2023

In contrast with their strong performance in 2020 and 2021, pharmaceutical and healthcare funds experienced a decline in 2022, with returns plummeting by an average 9.8 per cent. This trend has continued in the current year, with year-to-date return remaining in the negative (-4.9 per cent). In the past three months, pharma funds have been hit hard, experiencing a 7.9 per cent decline.

2 Indian vaccine makers sitting on stockpile of 250mn Covid doses

2 Indian vaccine makers sitting on stockpile of 250mn Covid doses

Rediff.com28 Dec 2022

According to respective company sources, Biological E is holding 200 million doses of its COVID-19 vaccine Corbevax while Bharat Biotech is sitting on a stockpile of 50 million doses of Covaxin.

Desi cop arrested in California for drug trafficking

Desi cop arrested in California for drug trafficking

Rediff.com16 Apr 2015

Police officer Harminder Phagura is busted for aiding a 'friend' in carrying out cocaine deals.

Vasundhara Raje Fading Away Into Oblivion?

Vasundhara Raje Fading Away Into Oblivion?

Rediff.com25 Oct 2023

Vasundhara Raje may have had her faults but she is an unconventional and brave leader who deserves better, observes Aditi Phadnis.

Ranbaxy revamping for better focus

Ranbaxy revamping for better focus

Rediff.com11 Mar 2005

Ranbaxy Laboratories has decided to separate the two areas of research and development - drug discovery and generics/NDDS/drug development - to achieve increased focus and rigour for success.

Indian drug cos to benefit as US expedites generic clearances

Indian drug cos to benefit as US expedites generic clearances

Rediff.com12 May 2014

Even smaller companies like Torrent Pharma and Alembic file five to 10 ANDAs every year.

'We are exploring setting up an aerotropolis'

'We are exploring setting up an aerotropolis'

Rediff.com10 Mar 2023

'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'

Budget 2023: What the pharma, healthcare industry seek

Budget 2023: What the pharma, healthcare industry seek

Rediff.com19 Jan 2023

The government should take measures to promote innovation and R&D while simplifying regulations for the sector in the upcoming Union Budget, as per pharmaceutical industry bodies. Outlining the wish list for the sector in the upcoming Union Budget, Indian Pharmaceutical Alliance (IPA) secretary general Sudarshan Jain said the domestic pharma industry is currently around $50 billion in size and aspires to grow to around $130 billion by 2030 and $450 billion by 2047. "To achieve this vision, the Union Budget 2023-2024 should help fuel innovation and R&D, which will set the pace for propelling the pharmaceutical industry forward," he told PTI.

Ethical Code to keep doctor, drugmaker nexus at bay not mandatory yet

Ethical Code to keep doctor, drugmaker nexus at bay not mandatory yet

Rediff.com22 Aug 2022

'Gift-giving' - from free dinners and drug samples to promotional merchandise - seems to be driving drugmakers' marketing - a marketing prescription deeply entrenched in the industry. This is a well-oiled racket that sees pharmaceutical (pharma) companies 'gifting' doctors to push their respective drugs under the guise of marketing. But is there a cure in sight to end this unhealthy alliance? The recent controversy following the income-tax raids on Bengaluru-based drugmaker Micro Labs, makers of popular paracetamol brand Dolo-650, has brought this to the fore, again.