Farmacy

Sep 6 2017

Aurobindo gets ready to play with the big boys #bosch #pharma

#aurobindo pharma # Aurobindo gets ready to play with the big boys B Dasarath Reddy | Hyderabad Jul 25, 2016 12:39 AM IST Hyderabad-based Aurobindo Pharmaceuticals is planning to raise funds via a share sale to fund the acquisition of Israel-based Teva Pharmaceutical s European assets, if its bid is accepted by this month. The company is in a race with two other multinationals for the acquisition. Good profits and a near-doubling of its market value has given the company a confidence booster for the acquisition. Which could cost it as much as $1.3 billion (Rs 8,700 crore). For the …

Aug 29 2017

Sun Pharma arm gets summons from US antitrust division #pure #pharma

#sun pharma # Sun Pharma arm gets summons from US antitrust division For the year 2014-15, Sun Pharma’s sales in the US were $2.2 billion and accounting for 50% of total sales. Photo: Hemant Mishra/Mint Hyderabad/Mumbai: India s largest drug maker Sun Pharmaceutical Industries Ltd said its US arm has received a summons from the antitrust division of the US department of justice, requiring it to appear before a grand jury there. The company did not elaborate on the reasons for the summons. One of the company s US subsidiaries, Sun Pharmaceutical Industries Inc. (SPII), has received a grand jury …

Aug 13 2017

Pharmaceutical industry gets high on fat profits – BBC News #endo #pharma

#pharmaceutical industries # Pharmaceutical industry gets high on fat profits Imagine an industry that generates higher profit margins than any other and is no stranger to multi-billion dollar fines for malpractice. Throw in widespread accusations of collusion and over-charging, and banking no doubt springs to mind. In fact, the industry described above is responsible for the development of medicines to save lives and alleviate suffering, not the generation of profit for its own sake. Pharmaceutical companies have developed the vast majority of medicines known to humankind, but they have profited handsomely from doing so, and not always by legitimate means. …

Aug 7 2017

Pharmaceutical industry gets high on fat profits – BBC News #pharmaceutical #sales #companies

#pharmaceutical industries # Pharmaceutical industry gets high on fat profits Imagine an industry that generates higher profit margins than any other and is no stranger to multi-billion dollar fines for malpractice. Throw in widespread accusations of collusion and over-charging, and banking no doubt springs to mind. In fact, the industry described above is responsible for the development of medicines to save lives and alleviate suffering, not the generation of profit for its own sake. Pharmaceutical companies have developed the vast majority of medicines known to humankind, but they have profited handsomely from doing so, and not always by legitimate means. …

Aug 3 2017

Sun Pharma arm gets summons from US antitrust division #largest #pharmaceutical #companies

#sun pharma # Sun Pharma arm gets summons from US antitrust division For the year 2014-15, Sun Pharma’s sales in the US were $2.2 billion and accounting for 50% of total sales. Photo: Hemant Mishra/Mint Hyderabad/Mumbai: India s largest drug maker Sun Pharmaceutical Industries Ltd said its US arm has received a summons from the antitrust division of the US department of justice, requiring it to appear before a grand jury there. The company did not elaborate on the reasons for the summons. One of the company s US subsidiaries, Sun Pharmaceutical Industries Inc. (SPII), has received a grand jury …

Jul 25 2017

Sun Pharma arm gets summons from US antitrust division #pharma #database

#sun pharma # Sun Pharma arm gets summons from US antitrust division For the year 2014-15, Sun Pharma’s sales in the US were $2.2 billion and accounting for 50% of total sales. Photo: Hemant Mishra/Mint Hyderabad/Mumbai: India s largest drug maker Sun Pharmaceutical Industries Ltd said its US arm has received a summons from the antitrust division of the US department of justice, requiring it to appear before a grand jury there. The company did not elaborate on the reasons for the summons. One of the company s US subsidiaries, Sun Pharmaceutical Industries Inc. (SPII), has received a grand jury …

Jul 25 2017

India s Sun Pharma Gets U #pharma #executive

#sun pharma # India’s Sun Pharma Gets U.S. Subpoena Over Generic Drugs Pricing The U.S. Department of Justice (DoJ) has subpoenaed India s largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. The DoJ s antitrust division has also asked Sun Pharma s U.S. unit for documents related to employee and corporate records and communications with competitors. The subpoena comes amid a wider probe by U.S. regulators into steep increases in the prices of generic medicines in recent years. For more …