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Archive for October, 2009

Sun Pharma suffers 11.5% drop in Q2 profits owing to US FDA action in Caraco

Wednesday, October 28, 2009 22:19

Sun Pharma, India's No. 1 drugmaker by market value, posted an 11.5% drop in net profit in July-September 2009, largely owing to fall in sales in its US subsidiary Caraco Pharma following seizure of products by US FDA.

This was posted under category: Industry  |  Read Full Story  |  0 Comments

Cadila Pharma- Novavax joint venture CPL Biologicals to begin H1N1 swine flu vaccine production in 4 months

Wednesday, October 28, 2009 22:17

CPL Bio uses VLP technology which can produce H1N1 vaccines rapidly

This was posted under category: Biotech  |  Read Full Story  |  0 Comments

Qualitest recalls all Accusure insulin syringes from US market due to needle problem

Wednesday, October 28, 2009 16:54

Accusure insulin syringes supplied by Qualitest Pharmaceuticals have been recalled from market in US, due to a mechanical snag which causes the needles detach from the synringe.

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Zyprexa (olanzapine), Seroquel (quetiapine) and Risperdal (risperidone) could lead to obesity in kids: Study

Wednesday, October 28, 2009 13:16

Kids who used Zyprexa (olanzapine) recorded larger increases in cholesterol and blood sugars

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Indian pharma exporters may be asked to boycott KLM airline by commerce ministry: Reports

Wednesday, October 28, 2009 13:08

KLM boycott will be a retaliatory action against EU nations confiscating Indian drug shipments illegally

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Bharat Biotech to set up ‘Biotech Pharma IT Park’ in Orissa for Rs 100 crore

Tuesday, October 27, 2009 15:40

A biotechnology incubation centre will also be developed within the park

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Glenmark Generics launches topiramate, nebivolvol, mometasone and perindopril in UK

Tuesday, October 27, 2009 15:38

Glenmark has a direct presence in the UK market with first these first products of its own livery

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Zydus Cadila posts 39% increase in net profit in Q2 ’09, bolstered by global sales

Tuesday, October 27, 2009 13:42

Zydus Cadila’s total income from operations has gone up by 28 % year-on-year to Rs. 9458 mn from Rs. 7409 mn, on a consolidated basis, for the second quarter ended September 30, 2009, the company reported in a press statement.

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Hetero Drugs launches oseltamivir syrup (Fluvir) to H1n1 swine flu: Reports

Tuesday, October 27, 2009 12:23

Natco Pharma is another oseltamivir producer in race to launch syrup version for kids

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Purdue Pharma sues Ranbaxy on generic OxyContin (oxycondone) patent rights in US

Tuesday, October 27, 2009 12:02

OxyContin was the ninth most-selling drug in the US in 2008 with sales of $2.5 billion

This was posted under category: Featured, Patents  |  Read Full Story  |  0 Comments