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Cipla To Acquire South Africa-Based Actor Pharma To Expand Its OTC Biz

Drug major Cipla on Monday said its unit has inked a pact to acquire South Africa-based Actor Pharma. Cipla South Africa, a wholly-owned subsidiary of the Mumbai-based drug major, has inked a binding term sheet with Actor Holdings (Pty) Ltd to ...

GST Council Exempts Cancer-Fighting Drugs, Medicines For Rare Diseases From GST

The GST Council in its 50th meeting held on Tuesday, Jul 11, 2023, announced several key decisions in the GST system of various sectors in India. The panel, headed by the Union finance minister and comprising representatives of all states and ...

Lupin Recalls Over 16k Bottles Of Generic Tuberculosis Drugs In US

Drug maker Lupin is recalling 16,056 bottles of Rifampin Capsules, used in the treatment of all forms of tuberculosis, in the US market due to a manufacturing issue, according to the US Food and Drug Administration. As per the latest Enforcement ...

Zydus Life Receives Final USFDA Approval, For Insomnia Drug

Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator to market its generic version of Triazolam tablets used on a short-term basis to treat insomnia. The approval granted by the US Food and Drug ...

Go after Big Fish, In Drug Trafficking Cases: Sitharaman To DRI Officers

Finance Minister Nirmala Sitharaman on Monday asked enforcement agencies to go after 'big fish' involved in drug trafficking, saying they need to find who is sending 'mountains' of illegal drugs into the country. The minister said revenue intelligence officers should strive ...

'Cipla' Betting Big on Digitisation And Emerging Segments

Drug major Cipla is betting big on digitisation and emerging segments like biosimilars and mRNA aided medications to drive its next phase of growth. The Mumbai-based drug maker is also bullish on maximising value opportunity in the complex generics in the ...

NPPA Fixes, Retail Prices of 84 Drug Formulations

Drug pricing regulator NPPA has fixed the retail prices for 84 drug formulations, including those used for treatment of diabetes, headache and high blood pressure. The National Pharmaceutical Pricing Authority (NPPA) has also fixed the prices of formulations indicated to reduce ...

Lupin share up on USFDA approval for its contraceptive drug Norethindrone

Lupin's share went up as it received the US regulatory approval to launch oral contraceptive tablets Norethindrone. The tablets are generic version of Watson Pharmaceuticals' brand Nor-QD and have annual sales of about $52 million in the US. News ...

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