Pharmaceuticals
Ranbaxy reports Rs2,983 crore Q4 loss on US probe provisioning
23 Feb 2012
Even though its consolidated sales rose over 79 per cent over the last quarter of 2010, Ranbaxy Laboratories Ltd, has reported a net loss of Rs2,982.8 crore, mainly on provisioning related to a probe by the US justice department
Ranbaxy launches generic version of cholesterol-lowering drug Lipitor in Australia
21 Feb 2012
Ranbaxy today said it has become the first generic drug maker to sell the generic version of Pfizer's block-buster cholesterol-lowering drug Lipitor in Australia
Illumina rejects Roche's $5.7- bn hostile bid
08 Feb 2012
US-based gene sequencing leader Illumina has rejected Roche's $5.7-billion hostile takeover bid saying that the Swiss drug maker’s offer was inadequate and dramatically undervalued the company
Merck to pay Threshold up to $525 million for cancer drug development
06 Feb 2012
Darmstadt-based Merck will receive co-development rights, exclusive global marketing rights and will provide Threshold an option to co-market the drug in the US
AstraZeneca eliminates 7,300 jobs in major restructuring
03 Feb 2012
AstraZeneca's move to save $1.6 billion annually comes ahead of the patent expiry of two of its top drugs over the next four years
Pfizer recalls 1 million birth-control pills
01 Feb 2012
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