Torrent Pharma Looks to Partner with CVC Capital to Aquire Cipla September 18, 2023 Ahmedabad-based Torrent Pharmaceuticals has entered into advanced negotiations with Luxembourgs CVC Capital Partners to raise investment estimated around $1.2-1.5 billion for its proposed acquisition of rival company Cipla.
Dr Reddy's Laboratories Enters Race To Acquire US-Based Biogen's Biosimilars September 18, 2023 Dr Reddy's Laboratories Limited (BSE:500124) has joined the race to acquire the biosimilar products portfolio of Biogen Inc. (NasdaqGS: BIIB), a US-based company in a deal valued at up to $1 billion.
Switzerland's GARDP Partners India's Orchid Pharma to Make Antibiotic to Combat Gram-Negative Infections September 18, 2023 Switzerlands non-profit organisation, The Global Antibiotic Research & Development Partnership (GARDP) and Indias Orchid Pharma have entered into a sublicense agreement to manufacture cefiderocol, an antibiotic to combat certain Gram-negative infections.
Sun Pharma Inks Agreement With US-Based Pharmazz on Cerebral Ischemic Stroke Drug September 15, 2023 The Indian multinational pharmaceutical company, Sun Pharmaceutical has entered into a licence agreement with US-based Pharmazz Inc. to commercialise Tyvalzi (Sovateltide), in India.
Union Health Ministry Proposes Drug Licencing Reforms to Enhance Safety & Uniformity in Healthcare September 15, 2023 This initiative comes in response to concerns about the quality of cough syrups produced in India, which have been linked to deaths abroad. The World Health Organization (WHO) has raised alarms about the substandard quality of these India-made syrups.
Cabinet Approves Close to INR 9,589 Cr FDI in Telangana's Suven Pharmaceuticals September 14, 2023 The Cabinet Committee on Economic Affairs (CCEA) chaired by PM Narendra Modi has approved the Foreign Direct Investment (FDI) of up to INR 9,589 Cr. in Telanganas Suven Pharmaceuticals Limited by Cyprus Berhyanda Limited.
Orano Med Partners with UK's Orbit Discovery to Develop Therapies for Cancer Cells September 13, 2023 French-US origin biotechnology company Orano Med has partnered with UK-based Orbit Discovery to develop Peptide Receptor Radionuclide therapies for cancer cells and create new radiopharmaceuticals.
US-Based Research Solutions Partners with Gurugram's Clinitech India September 13, 2023 This partnership allows Clinitech India to distribute Research Solutions' advanced services to nearly 400 medical colleges across India, simplifying access to vital research materials and scientific literature in the medical education sector.
IndiaRF to Acquire Ind-Swift's API, CRAMS Units for INR 1650 Cr September 7, 2023 In a deal with BlackSoil, a prominent investment firm, GenWorks Health has received $4 million in funding. Through this investment, GenWorks Health can provide quality healthcare in underserved areas.
Bengaluru-Based Cytecare Launches Institute for Dialysis & Renal Diseases in Partnership with NGO Humanist September 6, 2023 In a deal with BlackSoil, a prominent investment firm, GenWorks Health has received $4 million in funding. Through this investment, GenWorks Health can provide quality healthcare in underserved areas.
Biotech Firm Enzene Introduces New R&D Facility in Pune to Advance Scientific Research September 5, 2023
Mankind Pharma Appoints Former VFS Exec Tarun Kapoor as VP, for Digital Transformation September 5, 2023 In a deal with BlackSoil, a prominent investment firm, GenWorks Health has received $4 million in funding. Through this investment, GenWorks Health can provide quality healthcare in underserved areas.