The US Food and Drug Administration has rapped Ranbaxy’s US-based subsidiary, Ohm Labs Inc, for manufacturing an old ‘unapproved drug’—opium tincture—in a New York manufacturing facility.
The cost of latest versions of medical devices like ultrasound systems, cardiac diagnostics could fall by 25 to 30% compared to their imported counterparts in the domestic...
Health service provider Apollo Hospitals planned to invest Rs 1,800 crores by 2012 to have bed strength of about 13,500 across 70 operational hospitals in India and overseas.
In an attempt to improve access to medical facilities in rural areas, the health ministry is working in tandem with Medical Council of India to introduce a three-and-a-half-year undergraduate course—Bachelor of Rural Medicine and Surgery.
These granted patents are exclusive intellectual property of Suven and are achieved through internal discovery research efforts, the Hyderabad-based firm said in a statement.
AstraZeneca has filed a lawsuit against Dr Reddy's alleging that the Indian company's generic version of a heartburn drug infringes on its USD 4 billion drug, Nexium.
In one stroke, Swiss pharma giant Novartis AG could break into the league of top five players in the Rs 600-crore plus Indian eyecare market from its current position at 13, if its takeover of Alcon goes through seamlessly and eventually results in integration of Alcon India into the Indian arm of Novartis.
Ranbaxy Laboratories said it has sold its entire stake in Chinese joint venture, Ranbaxy Ghuangzhou China, to HNG Chembio Pharmacy Co Ltd for an undisclosed amount.