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Alembic Pharmaceuticals

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5 more manufacturers to produce black fungus drug: Govt

The Union health ministry on Friday said license has been given to five more manufacturers for production of Amphotericin-B, used in the treatment of black fungus, and they will start producing......

Prices of key Covid bulk drugs shoot up as demand rises

The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December......

Pricing challenge in US biz, rich valuations may weigh on pharma stocks

The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. Illustration: Uttam......

20-30% new products may be open to USFDA inspection

With all major US export-oriented drug manufacturing plants in the country up for inspection in 2022, some estimates peg that at least 20-30 per cent of the new product launches lined up for the US......

'Famotidine may become the next HCQ for Covid-19'

Researchers at Northwell Health in New York are testing the effects on Famotidine (used in high intravenous doses) on Covid-19 patients as a potential treatment. After the hospital announced its......

Govt may now cap prices of antibiotics

The intention of the government is to cap prices of drugs that are essential and which the public widely uses. The government may consider rationalising trade margins of antibiotics after having......

Why India's pharma cos prefer Gujarat over tax havens

Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees The Goods and Services Tax (GST)......

Lalit Modi's successor is his exact opposite

It is a little amusing to know that Chirayu Amin, the newly-appointed interim chief of the Indian Premier League, enjoys an image that is in total contrast to that of his predecessor, Lalit Modi,......

Meet the man who will now run the IPL

Newly-appointed Indian Premier League interim commissioner Chirayu Amin is no new face to Indian cricket administration. Besides being a vice-president of the Board of Control for Cricket in India......

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