Pharmaceutical Sector

Aurobindo Pharma Gets Tentative Approval For HIV Drug

Aurobindo Pharma Gets Tentative Approval For HIV DrugAurobindo Pharma, an Indian private pharmaceutical company, informed that it has got tentative sanction from US Food & Drug Administration (USFDA) to make and sell fixed dosed combination Abacavir Sulfate/ Lamivudine Tablets.

The company has been allowed to manufacture the drugs in the strengths of 60/30 mg.

Abacavir sulfate tablets are indicated for the treatment of HIV infection in adults and children 3 months of age or older.

Daichi-Ranbaxy Reconstitutes Board; Malvinder Is Chairman

Daichi-Ranbaxy Reconstitutes Board; Malvinder Is ChairmanRanbaxy Laboratories and its new owner Japan’s Daiichi Sankyo, which now holds 63.92% of Ranbaxy’s equity share capital, reconstituted a new 10-member panel.

From the company’s earlier 15 member panel, the company retained only three members including former owner Malvinder Singh, COO Atul Sobti and Religare CEO & MD Sunil Godhwani.

The newly announced board reflects the changed ownership structure at Ranbaxy, following Daiichi Sankyo’s strategic investment during the last month (Nov 2008).

Presence of flourishing fake medicine racket in Orissa confirmed by Vigilance reports

Aurobindo Gets Tentative USFDA Nod For Two Drugs

Aurobindo Gets Tentative USFDA Nod For Two Drugs Aurobindo Pharma, a leading drug manufacturer, has announced that it has got tentative sanction from the US Food and Drug Administration (USFDA) for PerindopriL Erbumine tablets.

The approval has been granted for 2 mg, 4 mg and 8 mg dosage of drug.

According to the sources, PerindopriL Erbumine tablets are indicated for the treatment of high blood pressure.  
 
The sources further revealed that the conglomerate has also received tentative approval for Escitalopram Oxalat Oral solution 5 mg base/5 ml.  

Ranbaxy, US Firm In Pact To Market Gliadel Tabs In India

Ranbaxy, US Firm In Pact To Market Gliadel Tabs In India  Ranbaxy Laboratories Ltd, a leading pharmaceutical major, has announced that it has clinched an exclusive licensing pact with US-based BioPro Pharmaceutical to market Gliadel tablets in India.

Earlier, Ranbaxy had announced a similar agreement with CD Pharma, a leading Europe-based  biotech  firm to sell its probiotic dental medicine Inersan in India and  Nepal.

Plethico Pharma to Take Over 20% stake in Tricon Holdings arm for $20 mn

Plethico Pharma to Take Over 20% stake in Tricon Holdings arm for $20 mn Plethico Pharma to Take Over 20% stake in Tricon Holdings arm for $20 mn

A global pharma company with a strong emphasis on herbal and neutralceutical segments, Plethico Pharmaceuticals Ltd, is all set to acquire 20% stake in the Sputnik Regional Aptika Holdings Ltd, a drug retailer in the Commonwealth of Independent States, or CIS, from Hong Kong-based Tricon Holdings Ltd for $20 million (Rs100 crore).

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