Pharmaceuticals
Serum Institute buys Netherlands's Bilthoven Biologicals for $40 million
04 Jul 2012
The first overseas acquisition by the Poonawalla Group, Bilthoven Biologicals provides Serum Institute access to technology for making injectable polio vaccine and expands its global market
Government to set up fund for pharma R&D
04 Jul 2012
To spur research and development in the pharmaceutical sector, the government is mulling a venture capital fund with a corpus of around Rs2,000 crore.
GlaxoSmithKline to pay record $3 billion in US drug fraud case
03 Jul 2012
GlaxoSmithKline plc (GSK) will pay a record $3 billion to various health authorities in the US in the largest healthcare fraud settlement in US history
Venus Remedies develops antibiotic for `super bugs', receives US patent
12 Jun 2012
Venus Remedies' unique antibiotic drug candidate, which stops development and spread of bacterial resistance, is about 20-30 per cent cheaper compared to conventional therapies currently in use
GlaxoSmithKline extends $2.6 billion offer for Human Genome Sciences
09 Jun 2012
No rival bids have emerged so far since GSK has invested $125 million in an ongoing research partnership with HGS and the two are collaborating on the development of three drugs
Shanghvi steps down as Sun Pharma chairman; Israel Makov to take over
30 May 2012
Dilip Shanghvi, who will continue to be the managing director, is stepping down as chairman in favour of former chief executive of Israel's Teva Pharma, Israel Markov
Human Genome adopts poison pill to thwart $2.6-bn hostile GSK bid
18 May 2012
HGS, which is GSK's partner on two drug developments, had rejected the UK firm's takeover offer saying that it was an opportunistic move
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")
