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Pharmaceutical News

OTC medicines: Drug advisory body gives in-principle approval

Soon, pharmacists will be able to dispense drugs for minor conditions without a doctor’s prescription.

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Dr Reddy’s says German regulator makes 6 observations on its Duvvada unit

Dr. Reddy’s Laboratories said on Friday a German regulator has made six major observations about its Duvvada drug making facility in the southern Indian state of Andhra Pradesh,

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Aurobindo Pharma in talks to buy Shreya Life Sciences’s Russia business

Aurobindo Pharma Ltd is in talks to buy the Russia business of Mumbai-based Shreya Life Sciences Pvt. Ltd in a deal potentially valued between $80 million and $100 million, two people aware of the discussions said on condition of anonymity.

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Investors file class action suit against Dr. Reddy’s in US court

Dr. Reddy’s Laboratories Ltd said on Monday that some investors had filed a class action lawsuit against the drug maker in the US District Court of New Jersey, alleging violation of US federal securities laws.Shares of the Hyderabad-based drug maker fell 2.8% on the announcement in intraday trading but recouped some of the loss later.

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