Pharmaceuticals
Eli Lilly to buy Armo BioSciences for $1.6 bn
11 May 2018
US pharmaceutical company Eli Lilly and Co yesterday struck a deal to buy Armo BioSciences Inc for about $1.6 billion in order to strengthen its immuno-oncology portfolio
How pharma companies can help safeguard intellectual property when expanding into risky countries
09 May 2018
Takeda Pharmaceutical to buy larger Irish rival Shire for $62 bn
08 May 2018
In one of the biggest deals in the pharmaceutical industry's history and the biggest international takeover by a Japanese company, Takeda Pharmaceutical today struck a deal to buy its larger Irish rival Shire Plc for $62 billion
New uses for existing antiviral drugs
25 Apr 2018
US generic drugmaker Akorn files lawsuit against Fresenius for terminating $4.75 bn deal
24 Apr 2018
Procter & Gamble to buy the consumer health business of Merck KGaA for $4.2 bn
20 Apr 2018
As part of the deal, P&G will acquire a majority stake of 51.80 per cent stake in India listed drug firm Merck Ltd for Rs 1,289.88 crore and subsequently make a mandatory tender offer to minority shareholders
Remnants of antibiotics persist in treated farm waste, research finds
14 Apr 2018
Each year, farmers in the US purchase tens of millions of pounds of antibiotics that are approved for use in cows, pigs, fowl and other livestock. When farmers repurpose the animals' manure as fertiliser or bedding, traces of the medicines leach into the environment, raising concerns that agriculture may be contributing to the rise of antibiotic-resistant bacteria
As antibiotics fail, global consumption of antibiotics skyrockets, further driving drug resistance
28 Mar 2018
GlaxoSmithKline backs out of bidding for Pfizer’s consumer unit
23 Mar 2018
GlaxoSmithKline has pulled out of bidding for the consumer healthcare business of Pfizer, days after Reckitt Benckiser’s backed out
Delhi HC attaches Ranbaxy promoters’ assets to enforce Daiichi award
26 Feb 2018
The court issued warrants of attachment on the assets of Malvinder Singh and Shivinder Singh, including shares, moveable and immovable property, art as well as debts owed to Oscar Investments and RHC Holding besides asking the Singh brothers to disclose all their assets
Sun Pharma Halol unit gets 3 adverse notices from US FDA: shares rise
24 Feb 2018
Although the strictures will impact Sun Pharmaceutical’s US business, the bourses took a positive view with the company’s shares actually rising, as the number of observations has come from the earlier nine to just three
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
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The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation