Keyword: pharmaceutical industry India

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India's Sun Pharma in Talks to Buy Sweden's Meda for $5-$6 Billion

01.06.2013 - India's Sun Pharmaceutical Industries is in talks to buy Sweden's Meda for between $5 billion and $6 billion to boost its generics business in developed markets, two sources with...

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Novartis Loses Landmark India Cancer Drug Patent Case

02.04.2013 - India's top court dismissed Swiss drugmaker Novartis's attempt to win patent protection for its cancer drug Glivec, a blow to Western pharmaceutical firms targeting India to drive...

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Big Pharma in Nervous Wait for India Verdict on Glivec Patent

27.03.2013 - Global drugmakers, battered by recent intellectual property decisions in India, are girding for a landmark court ruling next week that could have broad consequences for their...

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Slow Approvals Put India's Drug Trials Industry at Risk

13.02.2013 - Slower government approval for testing new medicines is threatening India's aspirations to be a fast-growing, low-cost hub for clinical trials, and has prompted some drugs firms to...

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GSK Spends $900 Million to Lift Stake in India Consumer Arm

05.02.2013 - GlaxoSmithKline has lifted its stake in its publicly-listed Indian consumer healthcare subsidiary to 72.5% from 43.2%, deepening its footprint in emerging markets and non...

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Bayer Sues Lupin Over Generic Birth Control Pill

30.11.2012 - German drugmaker Bayer has filed a lawsuit in the United States against Indian generic drug maker Lupin, to prevent it from selling a version of Bayer's birth control pill Natazia...

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Ranbaxy Halts Generic Lipitor Production After Recall

30.11.2012 - Indian generic drugmaker Ranbaxy Laboratories will stop manufacturing its version of Pfizer's cholesterol fighter, Lipitor, while it gets to the bottom of the cause of a recent...

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GSK to Raise India Unit Stake in $940 Million Deal

26.11.2012 - GlaxoSmithKline plans to buy up to an additional 31.8% stake in its Indian consumer products arm for about $940 million, as Britain's biggest drugmaker deepens its emerging markets...