Generic metoprolol injection by Indian firm Strides Arcolab has been granted marketing approval in US.
Pulmotax, a test to predict the effectiveness of chemotherapy in lung cancer patients developed by Clarient, has been found effective in clinical studies.
The domestic pharmaceutical formulations market in India will grow at an annual rate of around 17% in FY 2010, owing to increasing middle class population and rapid urbanization, says a report by RNCOS, an industry research firm.
An intranasal vaccine for the treatment of hepatitis B is currently in development by NanoBio.
TH-302, an investigative prodrug to treat cancerous tumours, is found to be safe and effective in preclinical studies, Threshold Pharmaceuticals announced.