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US court convicts Indian-origin fund manager for insider trading

The United States district court in Manhattan found Indian-origin hedge fund portfolio manager Mathew Martoma guilty in the largest-ever insider trading case. A 12-member jury pronounced......

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......

Roles reverse in pharma M&As

Early this month, US-based Perrigo, one of the largest over the counter (OTC) pharmaceutical producers in the world, acquired an 85 per cent stake in Mumbai-based Vedants Drugs and Fine Chemicals.......

Strides spins global web

As part of its strategy to gain entry into regulated markets of Europe, North America, South Africa, Australia, New Zealand and Japan, Strides Arcolab Ltd, a Bangalore-based pharma company, has......

Drug firms offering huge salaries

Senior pharmaceutical industry executives have been switching jobs like never before in the last three or four months, a trend that is partly due to a major increase in salary levels in mid-sized......

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