Pharmaceutical Industry News
Due to the continuous strong demand for disinfectants, specialty chemicals company LANXESS is planning to expand its production capacity for Oxone monopersulfate by around 50 percent. To this end, the company intends to invest a lower double-digit million euro sum in its production facility in Memphis, USA
Market | 25/09/2020 | By Hemant | 150
FDA Proposes New Rule on Reporting RequirementUnder Right to Try Act
Today, the U.S. Food and Drug Administration published the proposed rule, Annual Summary Reporting Requirements Under the Right to Try Act, that when finalized, will implement a statutory requirement for sponsors and manufacturers to provide annual summary to the FDA for any eligible investigational drug they provide to eligible patients under Try Act
Market | 27/07/2020 | By Darshana | 252
FDA Authorizes First Next Generation Sequence Test for Diagnosing COVID-19
The U.S. Food and Drug Administration issued an emergency use authorization (EUA) to Illumina, Inc. for the first COVID-19 diagnostic test utilizing next generation sequence technology
Market | 11/06/2020 | By Darshana | 342
Dr. Reddy's Labs completes acquisition of select business divisions of Wockhardt
Dr. Reddy's Laboratories Ltd announced that it has completed the acquisition of select divisions of Wockhardt Limited's branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives
Market | 10/06/2020 | By Darshana | 302
The U.S. Food and Drug Administration and the National Telecommunications and Information Administration (NTIA) are launching a 120-day pilot to help reduce the availability of unapproved opioids illegally offered for sale online
Market | 09/06/2020 | By Darshana | 249
Merck and Ridgeback Biotherapeutics LP, a closely held biotechnology company, announced that the companies have entered into a collaboration agreement to develop EIDD-2801, an orally available antiviral candidate currently in early clinical development for the treatment of patients with COVID-19
Market | 28/05/2020 | By Darshana | 135
Roche acquires Stratos Genomics to further develop DNA based sequencing for diagnostic use
Roche today announced that it has acquired Stratos Genomics, an early-stage sequencing technology company to advance the development of Roche?s nanopore sequencer. The acquisition provides Roche access to Stratos Genomics unique chemistry, Sequencing by Expansion (SBX?).
Market | 22/05/2020 | By Darshana | 142
Dr Lal PathLabs Q4 net profit dips 31% to Rs. 32.6 crore
Dr Lal PathLabs Limited, a leading diagnostic and related healthcare service provider posted 31% dip in net profit at Rs. 32.6 crore for the fourth quarter ended March 31, 2020 as compared to Rs. 47.4 crore in Q4 last year
Market | 19/05/2020 | By Darshana | 125
Roche today announced that new data from clinical trials of 19 approved and investigational medicines across 21 cancer types, will be presented at the ASCO20 Virtual Scientific Program organised by the American Society of Clinical Oncology (ASCO), which will be held 29-31 May, 2020
Market | 08/05/2020 | By Darshana | 119
IIT Guwahati collaborates with Hester Biosciences Limited to develop vaccine against COVID-19
Indian Institute of Technology Guwahati is collaborating with Hester Biosciences Limited, a pharmaceutical company based in Ahmedabad, Gujarat, to work on the vaccine development against COVID-19. The agreement between the two parties was signed on 15th April 2020
Market | 29/04/2020 | By Darshana | 120
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