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Revamping
the distribution network
The pharmaceuticals distribution business in the country is
all set for a revolution. VAT, consolidation of pharma companies,
and emergence of pharma retail chains are some factors that
will drive the change in the distribution cycle, discovers
Sapna Dogra
Indian
biotech dreams come true
Biotech is the buzzword of the decade. The year 2005 saw a
robust growth in the global biotech sector with Asia Pacific
countries achieving cumulative profitability. But 2006 has
a lot more to offer.
Hot
Right Now
Biocon
launches a new biologics facility
Biotech major, Biocon has launched India's largest multi-product
biologics facility, Biocon Biopharmaceuticals, at Biocon Park
in Bommasandra industrial area. The Finance Minister, P Chidambaram,
inaugurated the facility.
Roche
launches Tarceva for lung cancer
Roche Scientific Company announced that the innovative drug,
Tarceva (erlotinib) will be available in India. Tarceva brings
a glimmer of hope to Indians suffering from lung cancer.
Godrej
Aadhaar ties up with Apollo
Godrej Aadhaar, the rural services cum retail initiative of
Godrej Agrovet, signed an agreement with Apollo Pharmacy to
offer medicine support across Godrej Aadhaar outlets in rural
India. Apollo Pharmacy is a part of the Apollo Hospitals group
and India's largest retail pharmacy chain.
GSK
launches launches ENO Pudina
GlaxoSmithKline Consumer Healthcare (GSKCH) has announced
the introduction of ENO Pudina. With the launch of the pudina
flavoured variant, the company has expanded its portfolio
of products in the antacids segment.
Ranbaxy
counters R&D hive-off report
Ranbaxy Laboratories is considering a plan to spin off its
R&D unit, according to a newspaper report. But India's
second-most-valuable drug maker said that the report did not
reflect the "true situation".
Zydus
Cadila receives tentative approval for Levofloxacin
Zydus Cadila has received tentative approval from the USFDA
to market Levofloxacin Tablets, 250 mg, 500 mg and 750 mg
in the US market. The drug falls in the anti-infective segment.
Plethico
Pharmaceuticals IPO subscribed 25.63 times
Plethico Pharmaceuticals has closed its IPO and has been subscribed
25.63 times. The issue was through 100 percent book-built
route.
‘Spotlight
is too much on pharmaceuticals’
Right environment ushers good opportunities. The informal
talk organised between Pharmaceutical Research and Manufacturers
of America (PhRMA) association representatives was meant to
recognise this environment and opportunities that PhRMA anticipates
in the buzzing Indian pharma industry.
Enterprise
control system by Invensys
A new technology is in, every day and here it is again. Invensys
Process Systems has come up with a new Infusion enterprise
control system. The system will help industrial enterprises
more effectively align plant operations and maintenance departments
with the business.
Chemspec
India 2006
Chemspec India 2006, India's premier international exhibition
on fine and specialty chemicals was held in Mumbai recently.
Chemspec India, after the resounding success in Hyderabad
in 2005, was organised by DMG World Media (UK), publishers
of Specialty Chemicals, in association with Chemical Weekly.
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