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Jul Sanofi Aventis France

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No automatic route for FDI into existing pharma firms

Tightening the norms, the government has done away with automatic approval of foreign direct investment (FDI) in the existing pharmaceutical companies.For any merger or acquisition, the overseas......

All pharma M&As to be cleared by CCI: Plan panel group

A Planning Commission expert groupon Tuesdayrecommended that all mergers and acquisitions (M&As) in the pharmaceutical industry should be cleared by competition watchdog, CCI to ensure that such......

Department of pharma wants review of FDI rules

The department of pharmaceuticals under the ministry of chemicals and fertilisers has proposed that the government set up an expert group to assess the impact of foreign direct investment in this......

Wockhardt sells animal health biz

Pharmaceutical major Wockhardt, which is trying to repay its debts of over Rs 3,400 crore (Rs 34 billion), announced on Sunday it had signed an agreement to divest its animal health division to......

Vaccine shortfall leaves poorer countries at risk

Manufacturers warned on Wednesday that limited stocks of a future swine flu vaccine could be distributed on a "first come, first served" basis, leaving hundreds of millions of people in poorer......

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