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.
CPL Bio uses VLP technology which can produce H1N1 vaccines rapidly
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.
Kids who used Zyprexa (olanzapine) recorded larger increases in cholesterol and blood sugars
KLM boycott will be a retaliatory action against EU nations confiscating Indian drug shipments illegally
A biotechnology incubation centre will also be developed within the park
Glenmark has a direct presence in the UK market with first these first products of its own livery
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.
Natco Pharma is another oseltamivir producer in race to launch syrup version for kids
OxyContin was the ninth most-selling drug in the US in 2008 with sales of $2.5 billion