Pharmaceuticals
Mis-selling of drugs to cost J&J $2.2 bn in US settlement
05 Nov 2013
The cases, which date from the late 1990s through the early 2000s, involve alleged kickbacks to doctors and pharmacies to promote the antipsychotic drugs Risperdal and Invega, and heart drug Natrecor
General Atlantic seeks $1.1 bn from sale of German laboratory-service provider Amedes Group
01 Nov 2013
McKesson Corp buying German drugs distributor Celesio in $8.3-bn deal
24 Oct 2013
The acquisition of German drugs distributor Celesio by US health-care-services company McKesson Corp will create the world’s largest pharmaceutical wholesaler
Hungary, India sign pact to promote Ayurveda
18 Oct 2013
Indigenous vaccine for Japanese encephalitis launched
05 Oct 2013
The strain for this vaccine was isolated from the blood sample of an encephalitic patient admitted to government hospital in Karnataka
PE firms in race for J&J’s Ortho Clinical Diagnostics unit
01 Oct 2013
Private equity firms have tabled preliminary bids for Johnson & Johnson's Ortho Clinical Diagnostics unit, which could fetch the US healthcare major around $5 billion
GSK sells thrombosis drugs to Aspen for $1.13 billion
01 Oct 2013
The sale comes a month after London-based GSK agreed to sell its Lucozade and Ribena soft drink brands to Japan's Suntory Beverages for £1.35 billion
Supreme Court bans all drug trials for lack of monitoring mechanism
30 Sep 2013
The Supreme Court today banned all clinical trials for new drugs until a suitable monitoring mechanism for human trials is put in place
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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
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.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
