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Govt approves 2 new vaccines, Covid drug for emergency use

 Union Health Minister Mansukh Mandaviya on Tuesday said that the Central Drugs Standard Control Organisation (CDSCO) has approved the Serum Institute of India's COVID-19 vaccine Covovax, Biological......

8 vaccines, 4 treatments in India's COVID-19 arsenal

 The Central Drugs Standard Control Organisation has granted restricted emergency use authorisation to two new vaccines and a drug for COVID-19, taking the number of preventives and treatments......

Merck, Ranbaxy drug development deal called off

 US drug maker Merck & Co has terminated its nearly two-year-old alliance with Ranbaxy Laboratories to develop anti-infective medicines, which could have fetched the Indian firm $100 million over a......

Merck in talks with GVK, Biocon for R&D tie-up

 Merck Sharp & Dohme India, a subsidiary of the US-based Merck & Co, is in talks with Biocon and GVK Pharmaceuticals, among others, to expand its research and drug development activities.The company......

Budget 2024: Wishlist of the pharma industry

 There is a need to incentivise R&D investments, offer corporate tax concessions and establish an effective intellectual property rights regime in order to push the growth of domestic pharmaceutical......

Merck arm sues Sun over cancer drug

 Merck arm sues Sun over cancer drugSchering Corporation, part of multinational pharma company Merck & Co, and London-based Cancer Research Technology Ltd have sued Sun Pharmaceutical for allegedly......

Merck to axe 7000 jobs

 Troubled American drug making giant Merck and Co on Monday announced a sweeping restructuring plan that will see the loss of 7000 jobs or 11 per cent of its worldwide workforce as also the closure......

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