News for 'drug money'

Kaala Review: Muddled Mess

Kaala Review: Muddled Mess

Rediff.com15 Sep 2023

The harum-scarum-ness of Kaala is astounding, exclaims Deepa Gahlot.

Saridon, Piriton and 2 other drugs kept out of banned list

Saridon, Piriton and 2 other drugs kept out of banned list

Rediff.com17 Sep 2018

The Delhi high court had earlier allowed Indian pharma major Wockhardt to sell its Ace Proxyvon tablets, which is a mixture of three salts -- aceclofenac, paracetamol and rabeprazol -- a combination that is banned.

Recent drug recalls worry investors

Recent drug recalls worry investors

Rediff.com19 Mar 2013

Many say trend could lead to concerns on manufacturing quality in Indian facilities.

Court grants ED 8-day custody of TN minister Balaji

Court grants ED 8-day custody of TN minister Balaji

Rediff.com16 Jun 2023

A local court in Chennai on Friday granted the Enforcement Directorate (ED) eight days custody of Tamil Nadu Minister V Senthil Balaji, who was arrested under the Prevention of Money Laundering Act (PMLA) by the agency on June 14.

How India can make drugs affordable for its poor

How India can make drugs affordable for its poor

Rediff.com28 Oct 2014

To keep price control to a minimum, the government can act in two areas where it has not done so far.

Pharma crusader takes India's drug regulators to court

Pharma crusader takes India's drug regulators to court

Rediff.com7 Mar 2016

Dinesh Thakur is famous for exposing Ranbaxy safety problems

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

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

Rediff.com7 Aug 2023

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. Big companies like Cipla and Alkem have a significant presence in the segment but recently, players like Torrent Pharmaceuticals and Dr Reddy's Laboratories (DRL) have also entered this market. What is driving big pharma's focus on trade generics? The volume growth in the Indian Pharma Market (IPM) has come down from 5.6 per cent in FY16 to 0.1 per cent in FY23.

Satish Kaushik's wife dismisses Rs 15 cr angle in his death

Satish Kaushik's wife dismisses Rs 15 cr angle in his death

Rediff.com12 Mar 2023

Kaushik attended a Holi party, held at the Delhi farmhouse of businessman Vikas Malu where, at midnight, he complained of chest pain and was taken to a Gurugram hospital.

US regulator tightens drug approval norms

US regulator tightens drug approval norms

Rediff.com29 Jul 2013

Companies asked to give data for three batches instead of one; move may lead to significant rise in development cost of generics

Regulator lifts ban on Wockhardt drug

Regulator lifts ban on Wockhardt drug

Rediff.com28 Apr 2014

Wockhardt said, the drug regulator suspended the manufacture, sale or distribution of fixed dose combination of Dicyclomine Hydrochloride IP 10mg

Aaditya Thackeray moves HC, seeks to be heard in Sushant death case PIL

Aaditya Thackeray moves HC, seeks to be heard in Sushant death case PIL

Rediff.com18 Oct 2023

Shiv Sena (UBT) MLA Aaditya Thackeray has moved the Bombay high court seeking to be heard before any order is passed in a public interest litigation demanding a CBI probe in connection with the deaths of actor Sushant Singh Rajput and his former manager Disha Salian.

Regulator sets deadline for drug launches

Regulator sets deadline for drug launches

Rediff.com22 Jan 2013

Firms could lose licence if products not launched within 6 months of approval.

India doesn't need money: Kapil on Akhtar's proposal

India doesn't need money: Kapil on Akhtar's proposal

Rediff.com9 Apr 2020

Shoaib Akhtar proposed a closed-door series to jointly raise funds to fight the deadly virus both in India and Pakistan. Kapil Dev said the proposal is not feasible. He also said cricket should not even matter for at least the next six months.

Laskhar man convicted for terror financing, money laundering

Laskhar man convicted for terror financing, money laundering

Rediff.com9 Feb 2018

The case dates back to January, 2007 when the man was arrested with an AK series assault rifle, 200 bullets, five hand grenades and a satellite phone by the Karnataka Police.

Govt reduces prices of 390 cancer drugs up to 87%

Govt reduces prices of 390 cancer drugs up to 87%

Rediff.com8 Mar 2019

This move is expected to benefit 22 lakh cancer patients in the country.

Measuring the real burden of child drug abuse in India

Measuring the real burden of child drug abuse in India

Rediff.com8 Apr 2015

Rediff Labs investigates the issue of child drug abuse in India in an attempt to quantify the seriousness of the issue.

Coronavirus scare: India may soon run short of antibiotics, diabetes drugs

Coronavirus scare: India may soon run short of antibiotics, diabetes drugs

Rediff.com12 Feb 2020

Indian pharmaceutical companies are heavily dependent on China to source fermentation-based active pharmaceutical ingredients and intermediates to manufacture these medicines, but the coronavirus outbreak there has disrupted the supply.

Cipla recalls asthma drugs in US

Cipla recalls asthma drugs in US

Rediff.com21 May 2015

Cipla is recalling the drug for failed impurities and degradation specifications.

12th pass cybercriminal, who made Rs 5cr a day, held in Mumbai

12th pass cybercriminal, who made Rs 5cr a day, held in Mumbai

Rediff.com3 May 2023

Mastermind Shrinivas Rao Dadi, 49, who has sound technical knowledge despite limited education, was taken into custody by a team of Bangur Nagar police station from a plush hotel in Hyderabad, the official said.

60% doctors support govt's recent drug ban list

60% doctors support govt's recent drug ban list

Rediff.com18 Mar 2016

The 344 banned drugs include the fixed dose combination of Chlopheniramine Maleate and Codeine syrup sold under the popular cough syrup brand Corex.

Repackaged drugs likely to be labelled 'new'

Repackaged drugs likely to be labelled 'new'

Rediff.com2 Jan 2014

Roadblocks ahead as these medicines could face new clinical tests, more scrutiny

Maharashtra asks Snapdeal to stop selling prescription drugs

Maharashtra asks Snapdeal to stop selling prescription drugs

Rediff.com18 Apr 2015

Flipkart, Amazon, too, under radar

'Why will black money get purged?'

'Why will black money get purged?'

Rediff.com17 Nov 2016

'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'

Prices of 52 more 'essential' drugs capped

Prices of 52 more 'essential' drugs capped

Rediff.com12 Dec 2014

The new drugs to come under price control include commonly-used antibiotics and painkillers

'What Bigger Award One Can Hope For?'

'What Bigger Award One Can Hope For?'

Rediff.com4 Jul 2024

I did not take up research for any award.' 'What is more important is the medicine that I have developed.' 'This helps the patient recover and the family is happy that their relative has survived and they go back to their lives.

Novartis sues Cipla over respiratory drug Onbrez

Novartis sues Cipla over respiratory drug Onbrez

Rediff.com17 Dec 2014

Novartis said it is partnered with generic drugmaker Lupin Ltd to sell the drug in India

USFDA pulls up Sun Pharma for lapses in Halol plant

USFDA pulls up Sun Pharma for lapses in Halol plant

Rediff.com14 Jan 2023

The US health regulator has pulled up drug major Sun Pharma for manufacturing lapses, including failure to follow appropriate written procedures designed to prevent microbiological contamination of drug products, at its Gujarat-based plant. In a warning letter, the US Food and Drug Administration (USFDA) pointed out various lapses at the Halol plant which produces finished pharmaceutical products. "This warning letter summarises significant violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals... Because your methods, facilities, or controls for manufacturing, processing, packing, or holding do not conform to CGMP, your drug products are adulterated," the USFDA stated.

ED attaches Indian properties of Sri Lankan behind plot to kill Chandrika

ED attaches Indian properties of Sri Lankan behind plot to kill Chandrika

Rediff.com1 Sep 2022

The Enforcement Directorate on Thursday said it has attached Indian assets of a Sri Lankan man and his son as part of a drugs-linked money laundering investigation against them.

'Most countries won't forgive deaths of children'

'Most countries won't forgive deaths of children'

Rediff.com22 Nov 2022

'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'

Say goodbye to cheap new drugs

Say goodbye to cheap new drugs

Rediff.com23 Dec 2011

Government plans to move from controlling bulk drugs to formulations.

Domestic pharma market grew by 6.8% in 2023

Domestic pharma market grew by 6.8% in 2023

Rediff.com22 Jan 2024

The Indian pharmaceutical market (IPM) grew 6.8 per cent to touch a turnover of ~1.93 trillion in calendar year 2023, despite volumes going down marginally by 0.9 per cent. This indicates the price increase has been the major growth driver. Growth in the moving annual turnover (the previous 12 months' turnover) in December was 5.1 per cent and that in new product introduction 2.6 per cent, while volumes dipped 0.9 per cent, leading to an overall growth rate of 6.8 per cent, according to the data from market research firm Pharmatrac.

Doping: Money at heart of athletics cover up!

Doping: Money at heart of athletics cover up!

Rediff.com4 Aug 2015

Victor Conte, the man at the centre of what was the United States's biggest doping scandal, believes the latest drug scandal to rock the sports world is all part of a cover up to protect the bottom line.

Cancer drug prices highest in US, treatment expensive in India

Cancer drug prices highest in US, treatment expensive in India

Rediff.com6 Jun 2016

The lowest drug prices were found in India and South Africa.

Say NO to drugs, it's not cool: PM Modi on Mann ki Baat

Say NO to drugs, it's not cool: PM Modi on Mann ki Baat

Rediff.com14 Dec 2014

Voicing concern over the "devastating" drug addiction menace, Prime Minister Narendra Modi on Sunday said society as well as the government will have to work together to fight this problem and that a helpline would be set up soon to assist those seeking solutions.

DGCA to make drug test a must for pilots, crew members

DGCA to make drug test a must for pilots, crew members

Rediff.com26 Aug 2021

The Directorate General of Civil Aviation (DGCA) has released a draft procedure that calls for testing pilots, other aviation personnel and crew members for psychoactive substances before they take to the skies. The Indian civil aviation regulator has sought comments from stakeholders over the next 30 days before issuing a regulation to this effect. Asking airlines and airports to do random checks on crew and air traffic controllers, DGCA proposed that violators be suspended for a minimum of three years or their licence be permanently cancelled as maximum punishment.

NDA more eager to cap drug prices than UPA

NDA more eager to cap drug prices than UPA

Rediff.com14 Jan 2016

The impact from NELM on the Indian pharmaceutical sector is estimated to be around Rs 6,000 crore.

Dr Reddy's to launch Covid drugs remdesivir and favipiravir in August

Dr Reddy's to launch Covid drugs remdesivir and favipiravir in August

Rediff.com30 Jul 2020

Apart from favipiravir and remdesivir, its key Covid-19 products, DRL has already launched nutraceutical products and hand sanitisers during the pandemic.

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.

AFI chief warns athletes not to take banned drugs by taking advantage of COVID-19 pandemic

AFI chief warns athletes not to take banned drugs by taking advantage of COVID-19 pandemic

Rediff.com31 Oct 2020

AFI President Adille Sumariwalla raised the possibility of more athletes outside the national camp taking to banned drugs and laid a lot of blame on the district and state level coaches.

Ranbaxy's malaria drug awaits international nod

Ranbaxy's malaria drug awaits international nod

Rediff.com14 Nov 2011

Health experts attribute this to the absence of international approval for the drug. About 90 per cent of malaria infections are reported from sub-Saharan Africa.