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Archive for September 18th, 2009

Glenmark’s hypertension generic verapamil SR pills receives US FDA approval

Friday, September 18, 2009 18:09

Glenmark Generics (GGL), a US subsidiary of Mumbai-India based Glenmark Phamaceuticals, has received approval for its generic version of hypertension drug verapamil extended release tablets from US FDA.

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US FDA seeks more data on Sanofi-Aventis sleep drug eplivanserin (Ciltyril)

Friday, September 18, 2009 16:57

Sanofi-Aventis said that the US FDA has requested additional information regarding benefit-risk regarding the company’s New Drug Application (NDA) for insomnia treatment eplivanserin (Ciltyri).

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Dr Reddy’s may sell 5% of founders’ stake to GlaxoSmithKline for $15o million: Reports

Friday, September 18, 2009 12:26

Dr Reddy may sell five percent of the company's founders' stake holding to GlaxoSmithKline for a consideration of nearly $150 million, according to sources.

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Orchid Pharma gets US FDA approval for generic zaleplon to treat insomnia

Friday, September 18, 2009 11:41

Indian generic firm Orchid Chemicals & Pharmaceuticals has received approval from US FDA for its generic version of zaleplon pills used in the treatment of insomnia or sleeplessness.

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India to be base for Merck-Wellcome Trust joint venture to develop cheaper vaccines for low-income countries

Friday, September 18, 2009 9:02

MSD Wellcome Trust Hilleman Laboratories is expected to start by the end of next year in India

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