Punjab police arrests Gujrat Pharma Company Owners
Source: Ahmedabad Mirror A couple Rekha and Manish Vashisht were arrested by the Punjab Police following a raid on their company Gloss Pharmaceuticals in Sanand, Gujarat. Cops seized over 13 lakh tablets of Tramadol and Alprazolam from the company. The duo allegedly supplied the contraband to M\S Elichem Pharma, a company located in Hapur in […]
Akums launches extended-release tablets for severe morning sickness
Source: Financial Express Akums Drugs and Pharmaceuticals Ltd., a Contract Development and Manufacturing Organization (CDMO), on Wednesday announced the launch of Doxylamine + Pyridoxine extended-release tablets, a therapy approved by the CSDCO (Central Drugs Standard Control Organization), India and the United States Food and Drug Administration (USFDA). The company claims that this marks a milestone […]
ED conducts searches in Punjab against Chandigarh-based pharma company
Source: Hindustan Times The Enforcement Directorate conducted fresh searches at about a dozen locations in Delhi-NCR and Punjab as part of a money-laundering investigation against a Chandigarh-based pharmaceutical company and its promoters linked to an alleged bank fraud, official sources said. The first round of searches in this case against the company, Parabolic Drugs, were […]
Toxic Gas Leak At Vadodara Pharma Factory Lands 4 Workers In Hospital
Source: ABP Live Gujarat News: Four workers at a pharmaceutical factory in Gujarat’s Vadodara were hospitalised after inhaling toxic gas leaked from a pipeline, news agency PTI reported the local police as informing. The health condition of all affected workers is stable, an official told PTI. The incident occurred around 8 am at a factory situated in the […]
CDSCO issues alert against 62 substandard drugs; Samples from Lupin, Jackson Laboratories flagged
Source: Financial Express The Central Drugs Standard Control Organisation (CDSCO) has flagged 62 drug samples as they failed the quality test. The alert was issued by the drug regulator for November 2023. The drug regulator’s list, as seen by Financial Express.com, reveals that 1197 drug samples were tested, out of which 1133 samples were of standard quality. […]
Inter-State drug cartel busted, 12 held with Pharma opioids
Source: Hindustan Times Punjab Police have busted an inter-state network of illegal opioid manufacturing and supply, arresting twelve people and recovering large quantities of drugs. The operation was conducted following the arrest of a local drug peddler. Punjab Police on Sunday claimed to have busted an inter-state network of illegal opioid manufacturing and supply from […]
Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 cr
Source: Economics Times Lupin Atlantis Holdings SA, Switzerland, a wholly-owned subsidiary of the company, has signed an asset purchase agreement with Sanofi, a French multinational pharmaceutical and healthcare company, for the purpose, Lupin said in a regulatory filing. New Delhi: Home-grown pharma major Lupin Ltd on Friday said it acquired a portfolio of established products in Europe […]
US FDA declines to approve Zealand Pharma’s drug for low blood sugar in Infants
The company is seeking regulatory approval for the use of the drug in patients aged seven days or older with CHI, a genetic disorder in which the insulin cells of the pancreas secrete too much insulin. New Zealand: The U.S. Food and Drug Administration (FDA) declined to approve Zealand Pharma‘s drug for the prevention and treatment of low […]
Notices sent to12 firms in Himachal over quality issues
Source: Hindustan Times The samples of medicines manufactured in Himachal whose samples have failed include medicines and injections for the treatment of cancer, heart disease, infection, fever, vomiting, gastric, edema, cholesterol, pneumonia and stomach worms The Central Drugs Standard Control Organisation (CDSCO) has exposed a grave lapse in pharmaceutical quality control. As many as 14 […]
Why pharma majors are rushing to put anti-obesity drugs on Indian shelves
Source: Business Today Indian pharmaceutical companies are hungry for the next frontier: drugs to fight obesity, a condition that has become the biggest worry for the urban well-off as they gorge on calorie-dense food (read: junk and fast food) and lead unhealthy lifestyles. Anti-obesity drugs are big business in the West, where obesity has reached […]