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Pharmaceutical News

Torrent Pharma to buy Unichem’s India business

Torrent Pharmaceuticals Ltd, the flagship company of the Ahmedabad-based Torrent group, on Friday said it had agreed to acquire the branded business of Unichem Laboratories Ltd in India and Nepal for Rs3,600 crore.

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Four pharma firms face US price-fixing charge

As many as four Indian drugmakers are facing allegations of a huge price-fixing conspiracy in the US aimed at keeping prices of generic drugs artificially high.

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US FDA lifts import alert on Divi's Lab Vizag unit in record seven months

US Food and Drug Administration has lifted the import alert on Divi's Laboratories Vizag plant in record seven months.

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Mylan top executive Rajiv Malik engulfed in price-fixing conspiracy

Mylan NV’s second-ranked executive took an active role in a vast and “sinister” price-fixing conspiracy among global makers of generic pills that kept prices of the medications artificially high, dozens of states alleged in a new complaint.

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