NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Pharmaceutical Industry portal grants a dynamic and diverse feed of news items.

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The UK Anti-Doping agency could play a leading role in running Russia's drug testing across all sports while the country's anti-doping agency serves a suspension for non-compliance, WADA said on Wednesday. WADA met with UKAD, the Russian Anti-Doping Agency (RUSADA) and the Russian Ministry of Sport last month to discuss…

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Natco Pharma has surged 7% to Rs 544 on the BSE after the company announced that it has signed a licensing agreement for Daclatasvir, which is used for treatment of chronic hepatitis C. “The company has signed a nonexclusive, royalty free licensing agreement with the Medicines Patent Pool (MPP) and…

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China Resources Double-Crane Pharmaceutical says its unit receives goods manufacture practice (GMP) certificate from Food and Drug Administration. Says certificate issued to glass infusion bottle production line, polypropylene plastic infusion bottle and pvc bag.   reuters.com

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Humanwell Healthcare Group says its unit gets China Food and Drug Administration's approval for its Human Coagulation Factor VIII injection's clinic trial.   reuters.com

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When the stock market hands you lemons, make a lemonade-flavored pill. That is one option for drugmakers, who can use the gloom around biotech stocks to their advantage. The biotech sector has had a cruel start to the year. The Nasdaq Biotechnology Index is down 18% so far in 2016,…

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Novacyt, an international specialist in cancer and infectious disease diagnostics, announced that it has entered into a definitive agreement to acquire the entire share capital of Primer Design Ltd, a profitable and rapidly growing UK molecular diagnostics company. Under the terms of the agreement, Novacyt will acquire Primer Design for…

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Full year results for the County Durham-based Quantum Pharma Plc are likely to be impacted by delays in the product pipeline within the Niche Pharmaceutical division, the company has said. In a trading update, the Burnopfield-headquartered firm said it now expected the adjusted EBITDA level for the group in the…

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Santhera Pharmaceuticals, a Swiss specialty pharmaceutical company,  has signed an agreement with Ewopharma, a pharmaceutical marketing company, to launch Raxone for the treatment of Leber's hereditary optic neuropathy (LHON) in a number of Eastern European countries (Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia) and the Baltics (Estonia,…

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Pharma firm Nutraplus India has started commercial production of anti-malarial drug Lumefantrine at its new plant at Tarapur in Maharashtra. "Previously company was engaged in the manufacturing of intermediate of the same drug... and was selling to various pharma companies," Nutraplus India said in a filing to BSE. Now, it…

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Pharma company Strides Shasun today got competition watchdog CCI's approval to acquire seven brands from consumer healthcare firm Johnson and Johnson. Through the deal, Strides will buy Johnson and Johnson's seven brands in dermatology, anti-emetic and pain management segments. The brands Strides will acquire include Otogesic ear drops, Ethnorub ointment…