Latest News, Updates & Breaking Headlines
HYDERABAD: Pharma major Aurobindo Pharma is acquiring the non-oncology prescription business of Mumbai-based Khandelwal Laboratories Pvt Ltd on a going concern, slump sale basis for a cash consideration of Rs 325 crore in a move aimed at strengthening its presence in the domestic formulations market.The acquisition, done through its wholly owned subsidiary Auro Pharma Limited,…
A senior finance executive at Akums Drugs and Pharmaceuticals has resigned, citing Delhi’s severe air pollution as the primary reason. Rajkumar Bafna’s decision highlights the growing health crisis in the capital, where toxic air has become a daily struggle for residents. His departure underscores the significant personal cost of living in a city with hazardous…
NEW DELHI: Once relegated to the fringes of lifestyle care, obesity drugs have emerged as one of the world’s most powerful growth sectors, ranked by McKinsey alongside AI, EVs and robotics as trillion-dollar opportunities by 2040. In India, the surge in the weight-loss and metabolic therapy market is set to shape pharma’s growth narrative in…
US President Donald Trump speaks during an event on prescription drug prices in the Roosevelt Room of the White House in Washington (Picture credit: AP) US President Donald Trump on Friday announced agreements with nine major pharmaceutical companies to lower prescription drug prices in the United States, marking a significant push to align domestic costs…
‘Pharma’ marks a new era in Malayalam cinema as its first medical drama, headlined by Nivin Pauly. The show offers an intense exploration of the pharmaceutical sector, chronicling a medical representative’s evolution from overlooked underdog to whistleblower exposing unethical practices. Malayalam cinema’s first-ever medical drama web series is finally here. Pharma, starring Nivin Pauly, which…
File photo: PM Modi with Russian President Vladimir Putin (Picture credit: ANI) Russian President Vladimir Putin’s visit to India is likely to deliver a significant push to economic cooperation, with government sources indicating that New Delhi is looking to narrow its trade deficit and secure deeper market access for Indian goods.President Putin is arriving with…
Piyush Goyal meets Pharma stakeholders to push innovation (Picture credit: X/@PiyushGoyal) Union minister of commerce and industry, Piyush Goyal, held a key interaction with stakeholders from India’s pharmaceutical sector, focusing on strengthening industry growth and regulatory reforms. The minister highlighted discussions on innovation, data protection frameworks, investment commitments, and opportunities to scale manufacturing in India.In…
India has asked Russia to fast-track approvals for Indian exporters –including expedited listing of domestic establishments and quicker registration of marine and pharmaceutical products — as part of a broader push to expand two-way trade, the commerce ministry said on Thursday.Commerce secretary Rajesh Agrawal, currently in Moscow, stressed the need for “confidence-building measures to unlock…
AI image used for representative purposes India has urged Russia to expedite the approval of domestic establishments and registration of marine and pharmaceutical products to further strengthen bilateral trade ties.During his visit to Moscow, Commerce Secretary Rajesh Agrawal highlighted opportunities for expanding trade and proposed measures to improve market access, the commerce ministry said in…
Pfizer is poised to acquire US-based biotechnology firm Metsera in a $10 billion deal, after winning a heated bidding battle against Danish drugmaker Novo Nordisk, which has now withdrawn from the race, AFP reported.Metsera, which specialises in obesity treatments, said in a statement that Pfizer’s improved offer of $86.25 per share had been unanimously approved…
