Amid the fresh buying streak in the pharma space and overall markets hitting record highs, Sigachi Industries has approved to issue 1.1 crore convertible warrants.
"The industry saw significant momentum over the past year, especially in ensuring access to COVID-19 vaccines and medicines and this year's Budget will be crucial to accelerate sectoral growth and access to innovative health solutions across various diseases and not COVID alone", said S Sridhar,President of Organisation of Pharmaceutical Producers of India
Kodak, the famous maker of cameras and shooting equipment, has moved on to drug making. Recently, the company received a loan of $765 million from the US government in a bid to ease this transition.
GlaxoSmithKline Pharmaceuticals Ltd on Wednesday announced recall of ranitidine hydrochloride tablets produced in India using API sourced from Saraca Laboratories Ltd following detection of genotoxic nitrosamine NDMA by authorities.
According to the Ministry, additional legal samples of bOPV were immediately sent for testing to the Central Drug Laboratory in Kasauli, which confirmed the previous report of presence of traces of virus.
New Delhi: Pharmaceutical firm Cipla on Thursday announced that its UK arm, Cipla (EU) has closed the $550 million (approximately Rs 3,650 crore) deal to acquire two US-based firms, InvaGen Pharmaceuticals and Exelan Pharmaceuticals.The acquisition
New Delhi: The US health regulator has issued import alert on drugs produced at Ipca Laboratories Ratlam in Madhya Pradesh, following which the company has suspended shipment of active pharmaceutical ingredients to the American market."We
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