Pharma

Pharma Giant Bayer AG Slashes 1500 Headcount Facing Decreased Sales May 15, 2024 The job cut affected primarily the management vertical, coinciding with a slight sales decline and a revised full-year earnings forecast.

Top Pharma Acquisitions Looking at Closure in 2024 April 6, 2024 The first quarter of 2024 witnessed several acquisitions, while many of the deals from 2023 are still awaiting closure. Let’s now take a closer look at the pharmaceutical deals that we anticipate will be finalized by 2024.

AstraZeneca to Acquire Amolyt Pharma for $1.05 Bn to Boost Rare-Disease Portfolio March 15, 2024 This acquisition of Amolyt backed by EQT Life Sciences is expected to strengthen Alexion, AstraZeneca's rare disease arm.

Govt Rolls Out Uniform Code for Pharmaceutical Marketing Practices 2024 March 14, 2024 Led by the Ministry of Chemicals and Fertilizers, this initiative aims to address misleading promotional activities and promote responsible marketing within the pharmaceutical sector.

Factors that Drove the Growth of API Biz in 2023 December 31, 2023 This year has witnessed a remarkable surge in the API business, driven by multifaceted factors that have reshaped the global pharmaceutical landscape.

Top Acquisitions that Hit The Pharma Industry in 2023 December 28, 2023 At the heart of this transformative journey were the noteworthy acquisitions that left an indelible mark on the pharma landscape. Let's take a closer look at some of the top acquisitions that shaped the pharma sector in 2023.

Bristol Myers to Buy Karuna Therapeutics for $14 Bn to Bolster Neuro Portfolio December 27, 2023 This strategic acquisition fits squarely with Briston’s business development priorities of pursuing assets that are strategically aligned, scientifically sound, financially attractive, and have the potential to address areas of significant unmet medical need.

Pharma Company Generic Aadhar Launches 111 Franchise Outlets Across India November 22, 2023 Founded in 2018 by Arjun Deshpande, Generic Aadhaar is an India-based pharmaceutical company that manufactures and sells generic medicines for the healthcare industry. It provides high-quality medicines at up to 80% discount from manufacturers to end customers.

GBA Group Enters India with Stake Acquisition of Pharma Testing Startup Eureka November 22, 2023 The acquisition is expected to facilitate Eureka's expansion into the international market. The pharmaceutical startup also aims to enhance and scale its testing platforms, along with an emphasis on improving research and development initiatives.

Samridh Launches Drone-Based Healthcare Network in Odisha in Collaboration with Redwing November 20, 2023 Reportedly, medicine delivery by drone will be available for Gudari and Kalyansingpur blocks in the first phase. Later it will provide services to other remote areas in the district.

Uttarakhand Attracted INR 1 Lakh Cr in MoUs with a Focus on Ayush & Pharma Sectors: CM November 9, 2023 Uttarakhand is a top pharmaceutical hub for growth in Ayush, wellness, and pharma sectors. Investor-friendly policies and a streamlined system attract significant investments.

Akums & DPSRU Partners to Research & Develop Novel Products in India November 6, 2023 This industry-academia partnership seeks to enhance pharma education and research opportunities for DPSRU students. Further, the partners will leverage their strengths and capabilities to introduce a series of novel pharmaceuticals, nutraceuticals and dermo-cosmetic products in India.