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Smaller pharma contract producers face closure

Even as the pharmaceutical industry is growing steadily, attracting more foreign players into the market, small enterprises that have been depending on contract manufacture for larger players are......

Repackaged drugs likely to be labelled 'new'

Roadblocks ahead as these medicines could face new clinical tests, more scrutiny Drug makers that improvise on existing formulations — by using new delivery mechanisms, like time-release,......

Were Ranbaxy's directors AWARE of the malpractices?

The board of directors is said to be the brain of a company; independent directors are said to be its conscience keepers.Business Standard assesses how the board, especially independent directors,......

India is growth tonic for mid-tier global pharma

Two months ago, Michigan-based Perrigo Company, one of the world's largest over-the-counter pharmaceutical producers with over $2 billion sales, acquired 85 per cent in Mumbai-based Vedants Drugs......

Pharma cos splitting R&D units to cut costs

Ranbaxy Laboratories, Dr Reddy's, Nicholas Piramal and three other Indian drug companies cut their research costs by separating the units involved in developing new drugs, thereby addressing......

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