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Pharmaceutical News

Dr Reddy's settles 6-yr-old drug packaging case with US govt for $5 mn

 Dr Reddy’s Laboratories Ltd will pay $5 million to resolve US claims that the Indian company sold prescription drugs in the United States in packaging that was not tested for child safety, according to court papers filed on Monday.

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Lupin, Cadila Healthcare recall drugs in US

Drug firms Lupin Ltd and Cadila Healthcare Ltd are recalling nearly 1.11 lakh units of Duloxetine delayed-release capsules and 19,812 bottles of Paroxetine tablets, respectively, from the US market, the US health regulator has said.

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Earnings of pharma companies have fallen more than their stock prices, says hedge fund manager Samir Arora

While some market experts have predicted a turnaround in the prospects of pharma companies, Samir Arora of Helios Capital says that pharma stocks are a gamble, and the investor is now staying away from investing in the space.

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One out of 10 medicines in India 'fake'; may cause severe illness: WHO

An estimated one in 10 medical products circulating in low- and middle-income countries like India is either "substandard or falsified", says a new research report from the World Health Organisation (WHO).

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