Page-2 of Pharmaceuticals Sector
GoI halts online drug sales
The Government of India has halted online sales of drugs as it is working on framing rules to regulate the sector. This has hit the pharmacy sector greatly. Delhi High Court’s Order The order of sale prohibition was initiated by ..
Month: Current Affairs - December, 2019
Cipla acquires two US generic drug companies
Indian pharmaceutical giant Cipla Ltd. has acquired two US generic drug companies, InvaGen Pharmaceuticals Inc. and Exelan Pharmaceuticals Inc. In this regard, Cipla has closed the transaction of the deal through its wholly-owned subsidiary, Cipla (EU) Ltd. Key facts These ..
Month: Current Affairs - February, 2016
WHO accords PQP certification to Indian vaccine maker GreenSignal Bio Pharma
The World Health Organisation (WHO), a UN Health agency has accorded PQP (Pre-qualification of Medicines Programme) certification to Chennai based GreenSignal Bio Pharma. The Indian pharmaceutical company was accorded this certification for manufacturing a BCG (Bacillus Calmette–Guérin) vaccine. With this, ..
Month: Current Affairs - February, 2016
Mallinckrodt Pharma acquires Therakos for USD 1.3 billion from Gores Group
Mallinckrodt, a leader in biopharmaceutical has signed an agreement to buy a leading immunotherapy company Therakos Inc, from the global investment firm, Gores Group for approximately 1.325 billion US dollars. Significance of Therakos Acquisition: Therakos Inc is a US based global leader in ..