Pharmaceutical Companies

  • Clinical trial of untested drugs must be regulated: SC 26-07-2013 05:56 PM

    New Delhi: Clinical trials of untested drugs on humans require certain mandatory standards to be followed, the Supreme Court said on Friday while directing the government to put in place a mechanism to monitor them. The apex court directed the Centre to convene a meeting of Chief Secretaries or Health...
  • 9 pharmaceutical companies fined Rs 2500 cr for overcharging 19-07-2013 05:08 PM

    New Delhi: Nine pharmaceutical companies have been fined Rs 2500 crore by the National Pharmaceutical Pricing Authority (NPPA) for overcharging customers. The NPPA imposed penalty after the drug makers, which also include Ranbaxy, Dr. Reddy's Lab, Glenmark, Cipla and Cadilla, were overcharging patients on Doxofylline. The asthma drug was being...
  • India ready to discuss patent policies with US lawmakers 26-06-2013 07:45 AM

    Washington: Asserting that the Indian Patents Act related to pharmaceutical products is not discriminatory against foreign companies, Indian Ambassador to the United States, Nirupama Rao, offered concerned lawmakers to discuss the issue for the sake of long-term bilateral and strategic partnership between the two countries. "My senior colleagues at the...
  • Ranbaxy fined $ 500 mn for selling adulterated drugs 14-05-2013 08:30 AM

    New Delhi: Generic drugmaker Ranbaxy has been fined $500 million by the US government after its subsidiary pleaded guilty to sale of adulterated drugs manufactured in India. It is the largest settlement by a generic medicine maker till date. It includes $150 million in payments for a criminal fine and...
  • The chemistry of drug price rise 14-02-2007 09:33 PM

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