Sun Pharma slumps after $550 mn patent suit settlement with Pfizer

Shares of Sun Pharmaceuticals on Thursday  fell sharply by nearly 7 per cent in early trade, after the pharmaceutical major and Israel's Teva agreed to pay a sum of $2.15 billion to Pfizer......

Sun Pharma in talks to buy Meda for $5-$6 billion

Sun Pharmaceutical Industries Ltd is in talks to buy Swedish drugmaker MedaAB for $5 billion-$6 billion to boost its generics business in developed markets, two sources with direct knowledge of the......

Patents: Nestle,Takeda sue Lupin, Torrent

Galderma Laboratories, a joint venture dermatology company between Nestle and L'Oreal, and the New York University have sued Lupin Ltd for infringing the patent rights of one of its main drugs,......

Inside India's shocker pharma deal

It was, perhaps, India's best-kept corporate secret. On June 11, Ranbaxy Laboratories, the largest Indian drugmaker, said it was giving up control to Daiichi Sankyo, the No. 3 Japanese......