Company Updates

Caraco Pharmaceuticals gets FDA Approval for generic Methimazole

Caraco Pharmaceuticals

Detroit-based Caraco Pharmaceutical Laboratories Ltd. has announced that its generic drug Methimazole has been granted final approval by U.S. health. The tablet used for treatment of hyperthyroidism will be sold in 5mg and 10mg strengths by the company under brand name Northyx.

Sistema enters Indian Telecom market with 10% in Shyam Telelink

Alexander Goncharuk

Gujarat High Court gives relief to KDCMMF in Amul Brand Name use case

Amul Brand Case
Ahmedabad: The Gujarat High Court has issued an order that a registered trade name user has the right to disallow others from using its trade for different goods category.

Justice D N Patel announced the decision following a case of Kaira District Co-operative Milk Marketing Federation (KDCMMF) in connection of trademark violation by two local merchants who used their brand name Amul Chasmaghar and Amul Cut Pieces stores.

Zydus Cadila wins USFDA Nod for Hydroxychloroquine Sulphate Pills

Zydus Cadila
Chennai: Cadila Healthcare Ltd has received USFDA approval for hydroxychloroquine sulphate tabs in the strength of 200 mg.

The medicine falls under the DMARD (disease modifying anti-rheumatic drug) section, and is used in caring rheumatoid arthritis.

According to NDC Health, the sales of such pills in the US market in 2006 stood at $30 million.

NDTV Aspires To Launch More TV Channels

Prannoy Roy During Award Ceremony
New Delhi Television (NDTV) has decided to launch more television channels, both nationally and internationally.
While talking at the launch of ‘MetroNation,’ NDTV’s 5th channel in the country, Prannoy Roy, chairman, stated, “By this year, or financial year end, there will be more channels from NDTV.”

Fidelity invests in BAG Films & Media

BAG Films

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