Teva CEO'S likely
visit to India sparks off M&A buzz
Posted AtThe
Economic Times. India Times
The global chief of Teva Pharmaceuticals,
world's largest generics drug maker, will visit India
this month, in an indication of the growing attraction
of India to global generic drug companies. Teva officials
based in India said that Israel Makov, president and
chief executive officer of the company, will be in the
country by the end of this month.
December 16, 2005
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India strengthens IPR for commercialising
lab research
Posted AtNewKerala.com
India has strengthened its intellectual
property rights (IPR) regime by granting the government's
premier scientific body Rs.1.45 billion ($32 million)
to put in place a patent management system to enable
it to commercialise the research conducted by its laboratories.
December 16, 2005
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Story
Mankind Pharma targets Rs 1,000-cr
turnover
Posted AtSify.com
Mankind Pharma has set itself an ambitious
target of achieving a turnover of Rs 1,000 crore in
the next five years.To achieve this, the company plans
to invest Rs 70 crore in the next two years in scaling
up its manufacturing capability and investing in research
and development (R&D).
December 16, 2005
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Story
Dr. Reddy's sells GOA plant
to Watson Pharma
Posted AtReuters.com
India's Dr. Reddy's Laboratories Ltd.
(REDY.BO: Quote, Profile, Research) (RDY.N: Quote, Profile,
Research) has sold its drug plant in Goa to Watson Pharmaceuticals
Inc. (WPI.N: Quote, Profile, Research) for an undisclosed
amount, a spokeswoman said on Friday.
December 16, 2005
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Story
Glaxo plans to make Mumbai
plant global hub
Posted AtBusiness-Standard
Thane unit to be global hub for API of
top-selling steroid betamethasone.
Glaxo SmithKline Pharmaceuticals Plc is planning to
make GSK India's Thane manufacturing facility a global
sourcing hub for active pharma ingredient (API) for
its top-selling steroid betamethasone.
December 16, 2005
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Story
Viagra, the original, is here
Posted AtIndian
Express
Move over clones, the original little
blue pill is here. On Tuesday, drug major Pfizer will
launch Viagra, the wonder drug for erectile dysfunction,
in India.
December 16, 2005
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Story
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