Pharmaceuticals
DRL founder-chairman Anji Reddy passes away
15 Mar 2013
Dr Anji Reddy made significant contribution to making Indian pharmaceutical products globally competitive and making medicines affordable to the common man
Abbot spinoff AbbVie files to block EU regulator from releasing clinical trials data
11 Mar 2013
US drug maker AbbVie has sued the European drug regulator to prevent it from releasing confidential and commercially-sensitive data of its blockbuster rheumatoid arthritis drug
Bayer loses cancer drug patent case
04 Mar 2013
The ruling ensures that cancer patients would be able to buy generic Nexavar at Rs8,800 for a month’s dose against Rs2,80,000 for Bayer’s branded Nexavar
Strides Arcolab sells Agila Specialties to Mylan for $1.6 bn
28 Feb 2013
The deal comes seven years after Mylan paid $736 million in cash to acquire Hyderabad-based Matrix Laboratories
Royalty Pharma launches $6.6 bn bid for Irish drug maker Elan Corp
26 Feb 2013
Royalty Pharma, a US firm that invests in the pharmaceutical industry, today launched an unsolicited $6.6-billion bid for Irish neuroscience focused biotechnology company Elan Corp
Sun Pharma calls off $600-million buyout of Taro
08 Feb 2013
Sun Pharma's latest buyout offer of $39.50 per share for 15 million scrips was 61 per cent higher than its previous offer of $24.50, which Taro had rejected
Featured articles
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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!
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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.
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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.
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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
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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
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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