Pharmaceutical Sector

US court ruling exposes drugmakers to lawsuits over warning labels

US court ruling exposes drugmakers to lawsuits over warning labels Washington  - The US Supreme Court ruled Wednesday that patients can sue drugmakers for failing to warn adequately of serious side effects, even if their warning labels were approved by the federal government, according to a landmark case that could expose the industry to billions of dollars in damages.

In a 6-3 decision, the court upheld a 7-million-dollar reward to a professional musician whose arm had to be amputated after she was improperly injected with Phenergan, an anti-nausea drug produced by pharmaceutical firm Wyeth.

Aurobindo Pharma Gets US FDA Tentative Approval To Market ‘Escitalopram’

Aurobindo Pharma Gets US FDA Tentative Approval To Market ‘Escitalopram’The US Food and Drug Administration (USFDA) has given tentative approval to Aurobindo Pharma, a Hyderabad-based manufacturer of generic pharmaceuticals and active pharmaceutical ingredients (APIs), to market Escitalopram Oxalate tablets in variable strengths.

Aurbindo will market the pills in dosages of 5mg, 10mg and 20mg.

Penta vaccines get high five from pharma players

Patient-friendliness, cost-savings make them attractive

Pfizer tilts to copycats with Aurobindo deal

Hyderabad-based drugmaker will license and supply 75 generic drugsthat address a $200m market to Pfizer

After trying it out for almost a year, the world's biggest drug-maker Pfizer Inc, has decided to turn copycat in right earnest. And the $50 billion giant will take the help of Hyderabad-based Aurobindo Pharma, an established copycat drug-maker, to make this happen.

The multinational will license 70 generic drugs and 12 sterile injectibles, including penicillins and cephalosporins, which according to industry watchers are valued at over $200 million in sales, from Aurobindo for marketing in the US, and Europe.

That is good news for Aurobindo but may not leave much for Pfizer to smile about, say analysts.

Pfizer tilts to copycats with Aurobindo deal

PfizerAfter trying it out for almost a year, the world's biggest drug-maker Pfizer Inc, has decided to turn copycat in right earnest. And the $50 billion giant will take the help of Hyderabad-based Aurobindo Pharma, an established copycat drug-maker, to make this happen. The multinational will license 70 generic drugs and 12 sterile injectibles, including penicillins and cephalosporins, which according to industry watchers are valued at over $200 million in sales, from Aurobindo for marketing in the US, and Europe. That is good news for Aurobindo but may not leave much for Pfizer to smile about, say analysts.

Piramal Healthcare acquires US-based Minrad

Piramal Healthcare acquires US-based MinradMumbai-based generic drug maker Piramal Healthcare Limited has completed its previously announced acquisition of Minrad International, a provider of generic inhalation anesthetics.

It may be noted that US-based Minrad had approved the deal at the special meeting of stock holders held on February 27.

Under the arrangement, holders of Minrad common stock will receive, in exchange for their shares, cash amount of US$0.12 per share.

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