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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Chimerix Inc said its oral antiviral drug did not significantly reduce a certain kind of infection in stem cell transplant patients in a late-stage study, sending its shares to a record low. The company's shares fell as much as 79.7 percent in morning trading to $7.21. Patients taking the drug,…

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Yunnan Hongxiang Yixintang Pharmaceutical Co Ltd says plans to issue up to 1.2 billion yuan ($185.09 million) commercial paper. * Says raises share issue size to 2.1 billion yuan from 781.7 million yuan previously   reuters.com

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Country's pharma sector is likely to grow over three-fold to hit USD 55 billion in the next five years, even as the exports from the sector may slow down to grow at a CAGR of 7.98 per cent owing to stricter regulations in markets such as the US, Russia and…

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Drug major Lupin has received US health regulator's approval to market Fyavolv tablets, used to treat postmenopausal osteoporosis, in the American market. The company has received received the final approval from the United States Food and Drug Administration (FDA) to market Fyavolv tablets, Lupin on Monday said in a statement.…

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SMS Pharmaceuticals has received approval from the US health regulator for its Andhra Pradesh based manufacturing facility. The company has received approval from the US Food and Drug Administration (USFDA) for its manufacturing facility located at Kandivalasa village in Vizianagaram district of Andhra Pradesh, SMS Pharmaceuticals said in a regulatory…

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Zhejiang CONBA Pharmaceutical Co Ltd says Hong Kong unit to invest $5 million in Tianfeng Healthcare Fund I.   reuters.com

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Drug firm Vivimed Labs today said the Competition Commission has given its approval to a deal with Clariant Chemicals India to sell some products in its speciality chemicals division. "The Competition Commission of India vide its letter dated December 21, 2015, has granted its approval, under Section 31(1) of the…

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Sanofi Pasteur, the vaccines division of Sanofi, today said Food and Drug Administration of Philippines has granted marketing approval to its Dengvaxia vaccine to be licensed for the prevention of dengue in Asia. The Philippines' FDA has approved Dengvaxia for the prevention of disease caused by all four dengue types…

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Drug major Lupin has received final approval from the US health regulator to market Potassium Chloride extended release capsules, used to treat potassium deficiency in the body, in the American market. The company has received final approval for its Potassium Chloride extended release capsules from the United States Food and…

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Croatia's president tasked Wednesday a pharmaceutical executive to form a new government and end the political standoff that has plagued the Balkan EU nation since inconclusive elections last month. "Tihomir Oreskovic proved to me that he enjoys the support of (a majority of) 78 MPs ... and I task him…