18th October 2022 | Pharma Updates

Latest pharmaceutical industry news and updates

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GSK Pharma appoints Bhushan Akshikar as new Managing Director

On Monday, the board of directors of Glaxosmithkline pharmaceuticals appointed Bhushan Akshikar as the MD of the company. He will be joining the office from 1st December 2022 and will hold the position for a period of four years.

Hetero Pharma acquires J&Js manufacturing facility in Telangana

Hetero Pharmaceuticals announced that they have acquired the manufacturing unit of Johnson & Johnson at Penjerla in Telangana in a deal worth ₹130 crore, and they are planning to invest about ₹600 crore in the future on its upgradation.

Ajanta Pharma receives "India's Best Managed Companies" award by Deloitte

The specialty pharmaceutical formulation company has been awarded as “Best Managed Companies” in India by Deloitte for 2022. The shortlisting process for the award had strict evaluation of various parameters like management ability for Strategy, Innovation, Governance and Financials along with Culture and Commitment.

Zydus Pharma's two generic drugs receives nod USFDA

The company declared on Monday that they received USFDA’s tentative approval for their two drugs namely Valbenazine capsules and Roflumilast tablets, used for the treatment of tardive dyskinesia. Both the drugs are planned to be manufactured at the formulation manufacturing facility in Ahmadabad.

Roche Pharma establishes second data analytics center in India

Roche Pharmaceuticals have decided to establish an advanced Global Analytics and Technology Center of Excellence (GATE) in Hyderabad which will be the second of its kind in India with a goal to provide innovative data driven solutions.

Takeda Pharma's Dengue Vaccine gets recommendation for approval from EMA

Japanese multinational pharmaceutical company “Takeda Pharma” on Monday reported that the Committee for Medicinal Products for Human Use (CHMP) of the EMA (European Medicines Agency) recommended the approval of Takeda’s dengue vaccine candidate named TAK-003.

Covis' drug for preterm birth faces expert panel evaluation

On Monday, USFDA brought half a dozen of its experts to convince the agency’s Obstetrics, Reproductive and Urologic Drugs Advisory Committee to recommend the withdrawal of the medicine as it failed to prove its effectiveness. The panel is due to decide the drug Makena’s fate by Wednesday.

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