Pharma Industry
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Franchise India Bureau Oct 04 2018 - 0 min readThe government has relaxed import norms for about 34 chemicals used in the pharmaceuticals industry. The move would ease inbound shipments of these items. These chemicals include cocaine, norephedrine, cathine and its salts, ephedrine hydrochloride and concentrates of poppy straw, nicotinic acid and aminorex. The Directorate General of Foreign Trade (DGFT) said, "The import policy of ...
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Franchise India Bureau Sep 11 2018 - 0 min readSun Pharmaceutical Industries Ltd, India’s biggest drugmaker, will buy 18.75% stake in Israel's Tarsius Pharma Ltd for $3 million in cash. The company said, “One of its wholly-owned subsidiaries has agreed to acquire 3,45,622 ordinary shares of Tarsius Pharma, of nominal value of NIS 0.01 each by way of subscription, representing 18.75 per cent of ...
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Franchise India Bureau Jul 16 2018 - 1 min readAfter recently launching its outlets at Delhi, Haridwar and Jind, StayHappi Pharmacy is planning to have more such retail pharmacies in cities including Mumbai, Bhubaneswar, Hyderabad, Chennai, Bihar, Bengaluru and Kolkata in a phased manner. Managing director Dr Sujit Paul said, “After we launched our first StayHappi Pharmacy in Delhi, our next target region was ...
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Franchise India Bureau Jul 06 2018 - 1 min readGlenmark Pharma today said its subsidiary Glenmark Specialty has entered into an exclusive licensing agreement with Australia's Seqirus to commercialise its nasal spray Ryaltris in Australia and New Zealand. Ryaltris is indicated for treatment of symptoms associated with seasonal allergic rhinitis (SAR) in patients over 12 years of age. "Under the terms of the agreement, ...
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Franchise India Bureau Apr 06 2018 - 1 min readDrug firm Lupin has confirmed to have received an Establishment Inspection Report (EIR) from the US health regulator for its Pithampur, Unit 1 manufacturing facility in Madhya Pradesh. The inspection was conducted in July 2017, it said in a BSE filing. USFDA gives EIR on the closure of inspection ...