Eris Lifesciences acquires 51% stake in Swiss Parenterals for ₹637.50 crore
Source: Livemint New Delhi: Eris Lifesciences Ltd on Tuesday said it has acquired a 51% stake in the Swiss Parenterals Ltd (SPL) for ₹637.50 crore, aiming to expand its presence in the sterile injectables market. According to a stock exchange filing, this move will increase the total equity stake of Eris and its promoter group in […]
NHRC notice to Health Ministry, DGCI over drugs brand names issue; seeks response in 4 wks
The National Human Rights Commission in a statement also said reportedly, the Central Drugs Standard Control Organisation (CDSCO) would first have to “build a database” of all pharmaceutical brand names by collecting data from the 36 different Drug Controllers in each state and Union Territory, as there is “no such database in the country”. New […]
250 ‘actions’ initiated after inspection of 275 drug firms.
Source: Telegraph India India’s drug regulatory authorities have initiated more than 250 “actions” after inspections of the premises of 275 drugmakers by central and state authorities, the Union health ministry told Parliament on Friday. It is not clear from the answer how many companies among the 275 inspected received multiple notices or actions. The health […]