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Gland Pharma to invest ₹400 crore for expanding Hyderabad capacity.

Gland Pharma will be investing over ₹400 crore in adding up capabilities to their existing facility in the Genome Valley he to manufacture biologicals, biosimilar, antibodies and recombinant Insulin. The company will recrureit... Full Story

Bristol Myers Squibb to invest Rs. 800 cr for drug development in Hyderabad.

Bristol Myers Squibb, a world's leading biopharmaceutical company will establish a state of-the-art site here to expand its global drug... Full Story

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Cadila Pharmaceuticals to invest ₹100 crore to set up formulations facility in Odisha.

Ahmedabad-based Cadila Pharmaceuticals will invest ₹100 crore to set up a pharmaceuticals formulations manufacturing facility at Malipada near Bhubaneswar in... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Pharmacies to be set up at 270 stations in Eastern Railway zone: Official.
Healthcare facilities such as pharmacies and collection centres for pathology laboratories will be established at 270 stations in the Eastern Railway zone by the end... Full Story
Solara receives EDQM CEP approval for its API unit in Vishakhapatnam.
Solara Active Pharma Sciences announced that its new state of the art multipurpose API manufacturing facility at Vishakhapatnam, Andhra Pradesh, had received 'Certificate of Suitability'... Full Story
IIL to set up new animal vaccine unit in Hyderabad at ₹700 cr.
Indian Immunologicals Limited (IIL) will invest about ₹700 crore in setting up a new animal vaccine manufacturing facility in Genome Valley, Hyderabad. The new plant... Full Story
Lincoln Pharmaceuticals acquires Cephalosporin plant in Mehsana.
Lincoln Pharmaceuticals Limited recently announced the acquisition of a Cephalosporin manufacturing plant in Mehsana. Lincoln will launch Cephalosporin products - antibiotics - soon, it said. The company plans to... Full Story
Torrent acquires Elder unit for Rs. 2,000 crore.
Ahmedabad-based Torrent is set to acquire Mumbai-based Elder Pharma's entire domestic formulations business in India and Nepal for Rs. 2,004 crore, making it the first... Full Story
Intas Pharma is planning to raise R2. 50Cr PE investment for expansion
Intas Pharma is planning to raise R250Cr private equity investment for expansion. Intas Pharma filed DRHP to raise upto R425Cr through fresh issue of shares. The company... Full Story
Ranbaxy gets approval for drugs treating seizures
New Delhi: Ranbaxy Laboratories has received approval from the US Food and Drug Administration (USFDA) to market and manufacture a generic drug for treating seizures.... Full Story
Novartis to increase its stake in Indian subsidiary
Mumbai: The Swiss company Novartis is set to increase stake in its Indian subsidiary to nearly 90 per cent from the existing 51 per cent.... Full Story