Category: health
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gmp: Indoco Remedies gets EU-GMP certification for Himachal plant
[ad_1] Indoco Remedies on Friday said it has received the EU GMP certification for its manufacturing site located in Himachal Pradesh. The company has received EU GMP certification from the competent health authority of Germany for its manufacturing site situated in Solan district of Himachal Pradesh. The German agency conducted an inspection of the facility ...
NPPA fixes retail prices of 23 drug formulations
[ad_1] National drug pricing regulator NPPA on Friday said it has fixed retail prices of 23 formulations, including the medications to treat diabetes and high blood pressure. The National Pharmaceutical Pricing Authority (NPPA) has fixed the prices under the Drugs (Price Control) Order, 2013 based on the decision of 113th Authority meeting dated May 26, ...
corning: Corning, SGD Pharma to set up glass tubing and vials unit in Telangana
[ad_1] US glass manufacturer Corning and French glass-packaging company SGD Pharma announced a joint venture to open a glass tubing facility and establish converting lines to produce vials based on Corning’s ‘velocity vial’ technology platform in Telangana. The companies expect manufacturing of velocity vials at SGD Pharma’s facility at Vemula in Mahabubnagar district, Telangana, to ...
Goldman Sachs in talks to Invest Rs 1,600 crore in La Renon healthcare
[ad_1] Goldman Sachs is in advanced discussions to invest about ₹1,600 crore ($200 million) in La Renon Healthcare for a significant stake in a deal that will value the Sequoia Capital-backed pharmaceutical company at ₹7,500 crore ($900 million). Goldman is likely to acquire Sequoia’s entire 14% stake in La Renon and an additional 5-6% stake ...
Diabetes drug may be the pill for long Covid
[ad_1] A new study says that taking the commonly used diabetes drug metformin after testing positive for SARS-CoV-2 may reduce the risk of developing long Covid by 40%. Metformin is used to control blood sugar in people with type 2 diabetes and is widely used in India to treat the disease. The US study published ...
corning inc: Joint venture of Corning Inc, SGD Pharma to set up Rs 500 cr facility in Telangana
[ad_1] SGD Corning Technologies Pvt Ltd, a joint venture between Corning Inc and SGD Pharma will be setting up a glass manufacturing facility in Telangana at an outlay of Rs 500 crore, which will create employment opportunities for 1,500 people directly and indirectly. Telangana Minister for IT and Industries K T Rama Rao in a ...
Pharma companies may have to switch to opaque bottles for eye drops packaging
[ad_1] Pharmaceutical ompanies may have to switch to using opaque plastic bottles for packing eye drops to avoid microbial contamination. India’s drug regulator is considering making amendments in the drugs rules for packaging of eye drops, said people with knowledge of the matter. “Bacterial contamination in ophthalmic solution bottles are often reported and hence the ...
morepen: SC seeks response from govt regarding appointment of two directors on Morepen Labs’ board
[ad_1] The Supreme Court has sought response from the government as to why its two directors should be appointed on the Morepen Laboratories’ board even after its complete financial turnaround. Seeking setting aside of the National Company Law Appellate Tribunal’s April 25 order that continued the erstwhile Company Law Board’s order July 2005 order appointing ...
sahyadri: Sahyadri Hospitals plans to invest over Rs 750 cr to expand healthcare infra
[ad_1] Sahyadri Hospitals, the Pune-based regional hospital chain controlled by Ontario Teachers’ Pension Plan Board, has lined up a `750-crore expansion plan to double the capacity through both organic and acquisitions in the next 3-4 years, a top executive of the company said. Sahyadri on Tuesday added its ninth hospital, a 100 bed facility in ...
Competition Commission approves deal involving Manipal Group
[ad_1] The Competition Commission of India (CCI) on Tuesday said it has cleared the proposed deal involving Manipal Health Enterprises Pvt Ltd and Manipal Education and Medical Group India Pvt Ltd (MEMG India). Manipal Health Enterprises Pvt Ltd (MHEPL) operates a chain of multi-speciality hospitals under the brand name ‘Manipal Hospitals’, while MEMG India is ...