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Cadila Pharmaceuticals has signed an Investment Intention Form (IIF) with the Government of Odisha to establish a pharma formulation manufacturing facility under the Odisha Government’s newly devised Industrial policy, 2022.
On Tuesday, Madras high court stayed the order of National Green Tribunal (NGT) imposing an interim compensation of
Rs 10 crore on Sun Pharma for expanding its drug manufacturing facility in Maduranthagam allegedly without required environmental clearance from the concerned authority.
Natco Pharma’s stocks observed gains that rose more than 3% in the intraday trades on Tuesday before closing 0.7% higher on the bourses. This happened after Natco Pharma received a favourable judgement from the Delhi High Court in a case of patent infringement.
Pharma majors like GSK, Sanofi, and Takeda are planning to partner with research communities from the agency of Science Technology and Research, the National University of Singapore, and two more leading institutions to give a push to Singapore’s Biologics manufacturing capabilities.
Drugmaker Eli Lilly has filed an FDA application to expand the use of Verzenio in HR-positive, HER2-negative early breast cancer which has a high risk of recurrence after surgery to include patients with low levels of the cellular proliferation marker Ki-67.
US District Judge Robin Rosenberg stated that consumers used wrong scientific evidence to file lawsuits against the heartburn drug Zantac, claiming it to cause a variety of cancers. The judge found that experts couldn’t find any relation between the drug and the diseases.
Due to the pandemic, the dynamics of the industry changed and like all other industries pharma also while searching the antidote for the virus had to shift to home and develop digital processes and skills like automation and data analytics.
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