Domestic pharma sale grows more than 13% in June after degrowth of last two months

After reporting a degrowth for two consecutive months, the domestic pharma retail market monthly sales resumed on growth trajectory reporting 13.2 per cent growth in June as compared to the same month last year...

Rising Prominence of Logistics in Pharma Industry

Even with that being the case, in India, where the logistics industry contributes to nearly 15 percent of the nations’ economy, the fact of the matter is that, the major share of Indian pharma companies view logistics as an area that they could cu..

Gavi opens applications for malaria vaccine

The world’s first-ever mass vaccination against humanity’s oldest and deadliest disease malaria is now brought a step closer as Gavi, the Vaccine Alliance has opened a process for countries to apply for funding and support to roll out...

PharmEasy plans $200 million fund raising at lower valuation

Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year's $5.1 billion, two people with direct knowledge of deal talks told...

Zydus gets USFDA nod to market generic antifungal medication

Zydus Lifesciences said its subsidiary has received approval from the US health regulator to market antifungal Efinaconazole Topical solution. Zydus Worldwide DMCC has received final approval from the US Food and Drug Administration (USFDA) ...

Abbott expects to start shipping EleCare infant formula next week

Abbott Laboratories said it expects to begin releasing EleCare formula next week from its recently reopened Sturgis plant, which has been at the center of a baby formula shortage in the United States...

Top 5 benefits of online pharmacy

How online pharmacies or E-pharmacies are highly convenient since all medicines ordered online are delivered safely at the comfort of our homes

US FDA approves Centinel Spine's 3 additional prodisc cervical total disc replacement devices

Centinel Spine, LLC, a leading global medical device company, announced US Food and Drug Administration (FDA) Pre-Market Application (PMA) approval for 1-level indications for three additional cervical total disc replacement (TDR) devices...

Bayer to sell testosterone drug for up to 500 mn euros

German chemicals giant Bayer said it was selling its male testosterone replacement drug Nebido for up to half-a-billion euros in order to concentrate on medical innovation...

Jubilant Pharma to raise USD 400 million loan from Standard Chartered Bank to repay debt

Jubilant Pharma Holdings said it has signed an agreement with Standard Chartered Bank for a five-year loan of USD 400 million, about Rs 3,186 crore. Majority of the amount will be used for repayment of existing term loan and debt bonds, the firm...

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