Orchid Pharma exits from Chinese JV

Chennai-based Orchid Chemicals and Pharmaceuticals Ltd on Friday announced that it was exiting its 50:50 manufacturing joint venture in China.The company would transfer its 50 per cent stake in its......

USFDA okays Orchid's Cephalexin

Orchid Chemicals & Pharmaceuticals Ltd said USFDA was approved by USFDA. BSE code:...

Hospira buys Orchid unit for $400 mn

US-based drug major Hospira will buy the injectable pharmaceuticals business of Chennai-based Orchid Chemicals for $400 million (Rs 1,860 crore). The acquisition will include Orchid's antibiotics......

Orchid founder may buy back stake from Ranbaxy

K Raghavendra Rao, one of the founding promoters and managing director of Orchid Chemicals and Pharmaceuticals, said he may initiate talks to buy back its 14.7 per cent stake that is now with......