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Lupin receives approval from US FDA for
generic drug
The company received the approval from US regulatory body to market the non-steroidal anti-inflammatory drug (Diclofenac Sodium Topical Solution) in the US market.The product is a generic equivalent of Horizon Pharma’s Pennsaid Topical Solution.
IOL approves investment of $2.1 Million in
USpharma
The board of directors from the pharma bigshot IOL Chemicals and Pharmaceuticals Limited (IOLCP) affirmed the investment of $2.1 Million in USpharma which is an american company dealing with novel drug delivery technologies.
Kyrgyzstan invites Indian pharma investment
and plans to establish special free zone
Kyrgyzstan government will be starting a special free economic zone for manufacturers specially from pharmaceutical industry. InterGovernment Committee to be set up to discuss about modalities like tax incentives.
Aster Pharmacy to open 25 stores in
Bangladesh
Aster DM Healthcare announced its entry into the Bangladesh market. It aims to open 25 pharmacy stores in a span of 3 years in collaboration with GD Assist Limited, a healthcare and medical value travel management company.
Aurobindo pharma step-down subsidiary
obtains EIR from US FDA
Aurolife Pharma LLC, a subsidiary of the company received an EIR (Establishment Inspection Report) from the US health authority for its plant in Raleigh, North Carolina, USA.
GSK and Spero licence agreement for
tebipenem HBr
Tebipenem HBr, a late-stage antibiotic being developed by Spero, is the first oral carbapenem antibiotic that may be used to treat complicated urinary tract infections (cUTI), as per the joint announcement from GSK plc and Spero Therapeutics, Inc.
Biogen supports case for its drug under FDA
review with newly published data
When a pivotal study for Biogen’s experimental
ALS therapy failed to achieve its primary
objective last year, the pharmaceutical company
predicted that further investigation would
produce more favourable outcomes.