pharmaceutical sector

Aamir to meet PM on manual scavengers’ plight


July 15th, 2012 - 10:25 pm ICT by IANS
Mumbai, July 15 (IANS) Bollywood superstar Aamir Khan will call on Prime Minister Manmohan Singh in New Delhi Monday to highlight the problems of manual scavengers engaged in cleaning ... Read more...

Posted in Entertainment |

Saudi Arabia offers incentives to Indian pharma industry


May 9th, 2012 - 5:42 pm ICT by IANS
New Delhi, May 9 (IANS) A high-level parliamentary delegation from Saudi Arabia currently on a visit to India Wednesday met Vice President Hamid Ansari and Health Minister Ghulam Nabi ... Read more...

Posted in Business |

India clears 22 FDI proposals worth $112.5 million


April 20th, 2012 - 4:33 pm ICT by IANS
New Delhi, April 20 (IANS) The Indian government Friday approved 22 foreign direct investment (FDI) proposals amounting to Rs.586.137 crore ($112.5 million).The proposals were cleared following recommendations of the Foreign ... Read more...

Posted in Business |

Drugs checkmating cancer may combat resistant bugs


December 23rd, 2011 - 6:09 pm ICT by IANS
Toronto, Dec 23 (IANS) Drugs that checkmate cancer could also combat pathogens that have become highly resistant to antibiotics - a problem spreading globally. "Our study found that certain proteins, ... Read more...

Posted in Uncategorized |

Cuban cancer vaccine to be tested in Britain


November 28th, 2011 - 3:45 pm ICT by IANS
Havana, Nov 28 (IANS/EFE) A therapeutic vaccine for advanced lung cancer, which was created by scientists at Cuba's Centre for Molecular Immunology, will be tested in Britain.The medication, which was ... Read more...

Posted in World |

Competition check for FDI in pharma will help consumers: CUTS


October 11th, 2011 - 6:26 pm ICT by IANS
New Delhi, Oct 11 (IANS) The government's decision to keep a check on the flow of foreign direct investment (FDI) and mergers and acquisitions in pharmaceutical sector will benefit ... Read more...

Posted in Business |

Foreign investment in pharma to face competition check


October 11th, 2011 - 3:09 pm ICT by IANS
New Delhi, Oct 11 (IANS) India will continue to allow 100 percent foreign direct investment in the pharmaceutical sector but the competition watchdog will keep a check on the ... Read more...

Posted in Business |

India, Indonesia begin talks for economic accord


October 4th, 2011 - 8:16 pm ICT by IANS
New Delhi, Oct 4 (IANS) India and Indonesia have started talks for a comprehensive economic cooperation agreement (CECA) that would help boost the flow of investment and trade between ... Read more...

Posted in Business |

Himachal identifies threatened flora species


March 23rd, 2011 - 6:40 pm ICT by IANS
Shimla, March 23 (IANS) Himachal Pradesh has identified two highly threatened flora species in the state, an official statement said here Wednesday."Wild growing numbers of gentiana kurroo royle and lilium ... Read more...

Posted in Uncategorized |

India, Nigeria ink pharma deal


March 16th, 2011 - 11:55 pm ICT by IANS
New Delhi, March 16 (IANS) India and Nigeria Wednesday inked an agreement for cooperation in the pharmaceutical sector in the national capital.The external affairs ministry said the memorandum of understanding ... Read more...

Posted in Business |

Bengal needs to grow in biotech space: Buddhadeb


February 28th, 2011 - 11:48 pm ICT by IANS
Kolkata, Feb 28 (IANS) Conceding that West Bengal lagged in drawing investments from the pharmaceutical sector, Chief Minister Buddhadeb Bhattacharjee Monday stressed the need for the growth of the biotech industry in ... Read more...

Posted in Business |

India, Japan signs CEPA to boost trade


February 16th, 2011 - 6:57 pm ICT by ANI
Tokyo, Feb 16 (ANI): Union Commerce and Industry Minister Anand Sharma and Japanese Foreign Minister Seiji Maehara signed the Comprehensive Economic Partnership Agreement (CEPA) here on Wednesday to give greater impetus to ... Read more...

Posted in National |

India, Japan aim for $25 bn trade by 2014 (Lead, changing dateline)


February 16th, 2011 - 6:53 pm ICT by IANS
New Delhi, Feb 16 (IANS) India and Japan Wednesday signed a comprehensive economic partnership agreement and set a target to more than double bilateral trade to $25 billion by 2014. Indian Commerce ... Read more...

Posted in Business |

Russian President leaves for Moscow after winding up India visit


December 22nd, 2010 - 9:48 pm ICT by ANI
Mumbai, Dec 22 (ANI): Russian President Dmitry A. Medvedev left for Moscow on Wednesday evening after winding up his two-day state visit to India.Earlier today, President Medvedev visited IIT Powai, where ... Read more...

Posted in National |

Russian President to leave for Agra on Wednesday morning


December 21st, 2010 - 10:36 pm ICT by ANI
New Delhi, Dec 21 (ANI): Visiting Russian President Dmitry A. Medvedev will emplane for Agra at 10: a.m. on Wednesday, and then fly to Mumbai, where he would visit IIT Powai, ... Read more...

Posted in National |

India, Russia ink 19 business deals, explore trade pact


December 21st, 2010 - 9:38 pm ICT by IANS
New Delhi, Dec 21 (IANS) Seeking to put innovation and business at the centre of a partnership that has remained mostly defence-centric and setting a bilateral trade target of $20 billion ... Read more...

Posted in Business |

India, Russia sign 30 pacts


December 21st, 2010 - 6:48 pm ICT by ANI
New Delhi, Dec 21 (ANI): India and Russia on Tuesday signed 30 crucial deals in several key areas, including nuclear cooperation, defence, pharmaceutical and space technology sectors.Besides deciding to enhance cooperation in ... Read more...

Posted in National |

Indian, Russian companies ink lucrative deals, target $20 bn trade (Lead)


December 20th, 2010 - 10:32 pm ICT by IANS
New Delhi, Dec 20 (IANS) Indian and Russian companies Monday signed a clutch of deals worth over $1 billion in diverse areas ranging from pharmaceuticals to IT and telecom as the ... Read more...

Posted in Business |

President Obama holds discussions with Indian, US businessmen in Mumbai


November 6th, 2010 - 9:12 pm ICT by ANI
Mumbai, Nov.6 (ANI): The United States President, Barack Obama, here on Saturdayaddressed a number of Indian corporate heads while opening discussions on crucial areas of cooperation like pharma, manufacturing, transportation ... Read more...

Posted in Business |

Regulate foreign investment for cheaper medicines: Azad


November 1st, 2010 - 10:46 pm ICT by IANS
New Delhi, Nov 1 (IANS) Health Minister Ghulam Nabi Azad Monday warned that the recent acquisition of Indian companies by foreign multinationals (MNCs) may lead to higher drug prices."The issue of takeover ... Read more...

Posted in Health |

China’s Wuhan city wants to invest in Kolkata


October 27th, 2010 - 1:23 am ICT by IANS
Kolkata, Oct 26 (IANS) A delegation from China's Wuhan city Tuesday evinced interest in investing in the New Town area that is being developed near Rajarhat in Kolkata's north eastern fringes. ... Read more...

Posted in Business |

Drug firm Strides to buy out Aspen stake in JVs


March 18th, 2010 - 8:09 pm ICT by IANS
Bangalore, March 18 (IANS) Leading Indian generic drug maker Strides Arcolab will buy out 50 percent of the stake Aspen Pharmacare Holdings Ltd of South Africa has in their two oncology joint ... Read more...

Posted in Business |

India, Brazil plan $10-bn trade in 3-4 years


February 1st, 2010 - 6:15 pm ICT by IANS
Kolkata, Feb 1 (IANS) Bilateral trade between India and Brazil would touch $10 billion in next three to four years, a senior official said here Monday. "We hope to take the bilateral trade ... Read more...

Posted in Business |

Pharma exports up 29 percent to $9.35 bn


September 25th, 2009 - 7:06 pm ICT by IANS
Hyderabad, Sep 25 (IANS) India's exports of drugs, pharmaceuticals and fine chemicals grew by 29 percent last fiscal to Rs.39,538 crore (around $9.35 billion) compared to the previous fiscal, Commerce and Industry ... Read more...

Posted in Business |

Indian pharma exports up by 29 percent in 2008-09


September 25th, 2009 - 5:39 pm ICT by ANI
Hyderabad, Sept 25 (ANI): Union Minister of Commerce and Industry Anand Sharma today said that the exports of drugs, pharmaceuticals and fine chemicals for the year 2008-09 stood at Rs.39,538 crore, registering ... Read more...

Posted in Business |

EU ministers fail to agree on banning flights to Mexico


May 1st, 2009 - 2:37 pm ICT by IANS
Luxembourg, May 1 (Xinhua) Health ministers from 27 European Union (EU) nations have failed to reach an agreement on a French call to temporarily ban all EU flights to Mexico in view ... Read more...

Posted in Business |

India, Kazakhstan to sign contract for Satpayev oil block


March 13th, 2009 - 9:07 pm ICT by IANS
New Delhi, March 13 (IANS) India and Kazakhstan will sign an exploration and production agreement for the the Satpayev oil block on the Caspian Sea before the new domestic Kazakh law on ... Read more...

Posted in Business |

GlaxoSmithKline to cut 6,000 jobs


February 2nd, 2009 - 4:39 pm ICT by IANS
London, Feb 2 (IANS) GlaxoSmithKline (GSK), Britain's biggest pharmaceutical multinational, is to cut around 6,000 jobs around the world when it posts full-year results this week, a newspaper reported.GSK is putting the ... Read more...

Posted in Uncategorized |

Indian pharmacy industry attracting global investment


December 12th, 2008 - 4:26 pm ICT by ANI
Ahmedabad, Dec 12 (ANI): With the advantage of low production cost, trained manpower and increasing demand of low priced quality drugs, the Indian pharmaceutical sector has come up as a favourite ... Read more...

Posted in Business |

Financial crisis hits global merger and acquisition deals


October 26th, 2008 - 3:36 pm ICT by IANS
New Delhi, Oct 26 (IANS) Outbound merger and acquisition (M&A) deals have been hit by the global financial crisis, losing their valuation by 76 percent this year, according to an industry lobby ... Read more...

Posted in Business |

India, Brazil, South Africa meet for cooperation in health sector


July 28th, 2008 - 9:44 am ICT by ANI
New Delhi, July 28 (ANI): Health Ministers of India, Brazil and South Africa will meet here today to firm up and push forward cooperation in health sector.On the sidelines of the ... Read more...

Posted in Life Style |

Ashok kumar to head Department of Pharmaceuticals


July 7th, 2008 - 8:43 pm ICT by IANS
New Delhi, July 7 (IANS) National Pharmaceutical Pricing Authority (NPPA) chairman Ashok Kumar was Monday appointed secretary in the newly-created Department of Pharmaceuticals (DoP) under the ministry of chemicals and fertilisers. Kumar, ... Read more...

Posted in Health Science |

Atlas Pharma plans new product range


July 3rd, 2008 - 6:42 pm ICT by IANS
Agra, July 3 (IANS) The Atlas group of companies, a well-known name in the domestic bicycle market that has now diversified into the pharmaceutical sector, will launch new products, a top official ... Read more...

Posted in Business |

Ranbaxy CEO to promote Religare, Fortis as top brands


June 22nd, 2008 - 8:03 pm ICT by IANS
New Delhi, June 22 (IANS) Ranbaxy Laboratories CEO Malvinder Singh, who will earn some Rs.100 billion ($2.4 billion) from selling his family's stake in the pharmaceutical firm to Japan's Daiichi Sankyo, is ... Read more...

Posted in Business |

Moody’s to review Daichii rating after Ranbaxy purchase, downgrade possible


June 12th, 2008 - 7:41 pm ICT by IANS
New Delhi, June 12 (IANS) Global rating agency Moody's Investors Service Thursday placed Japanese pharmaceuticals major Daiichi Sankyo Company Ltd (Daiichi Sankyo) on review for possible downgrade. The move comes a day ... Read more...

Posted in Business |

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