Abbott on August 18 had intimated the DCGI office regarding voluntary product recall of all batches of Digene Gel of all flavors (Mint, Orange, mix fruits flavor) which are within the self-life and manufactured at Goa facility
Kotak cautions investors that India’s relatively strong macro-economic position cannot be taken for granted. Reasons: rising food prices, rising crude oil prices, weak tax collections and inflation likely to stay elevated
When an illness of unknown origin is identified, Abbott’s coalition partners move to sequence samples, identify if it’s a known or unknown pathogen, and when needed, alert health systems or public health agencies about these cases
There are some 30 players in all in the Indian market for hypothyroidism drugs, Abbott India’s Thyronorm leads the market with over 50% share, which is followed by Eltroxin from GSK and Thyrox from Macleods.
Abbott Nutrition, which worsened a baby formula shortage in the United States when it temporarily shut down a Michigan plant in February because of the presence of bacteria, said it had again stopped production at the plant, this time because of flooding during a severe storm.
The FDA said it expected Abbott to restart production in about two weeks. The agreement stems from a US Department of Justice complaint and consent decree with the company and three of its executives
Beyond contract research, another trend to watch for Syngene is the pick-up in contract manufacturing business in biologics and APIs
The FreeStyle Libre sensor measures glucose every minute in interstitial fluid through a small (5.5mm long) filament that is inserted just under the skin and held in place with a small adhesive pad.
Abbott will also launch a mobile app NAVICA which will allows people to store, access and display their COVID-19 test results.
"We are excited with the launch of the quadrivalent version of our flu vaccine, which can be offered to both children above six months and adults. This particular type of vaccine provides good immune response with less side-effects," Abbott India Medical Director Srirupa Das said.
When Kothari prodded his chemist, he told him that there is shortage of Rs 15 - Limcee pack in the market, and what he is offering is the reformulated version of Limcee, called Limcee Plus.
“It’s a neutral platform, designed to bridge the communication gap between doctors and consumers,” said Jawed Zia, Head of Abbott’s Pharmaceutical Business in India.
The National Pharmaceutical Pricing Authority (NPPA) in a meeting on April 23 had approved the change in date of withdrawal of Xience Alpine brand of coronary stents proposed by Abbott Healthcare.
Abbott's Nutrition Metabolic Formulas (ANMF) will help infants diagnosed with IEM in India.
Sorento will partner with 'Havas Health and You' business unit and be rebranded Havas Life Sorento, the agency said in a statement.
Tata Steel | Golden Tobacco | JSW Steel | Edelweiss | Emami Paper | Shree Cement | Dishman Pharma | IRB Infra | Lupin | Umang Dairies | Future Enterprise | Ganesh Ecosphere and Capital First are stocks, which are in news today.
Last week, Indian drug regulator NPPA rejected applications filed by Abbott and Medtronics to withdraw their stent products from market technical grounds.
The Indian pharmaceutical market (IPM) grew at a much better pace in March led by improved sales of drugs in chronic segment and acute segment bucking the trend of a sequential decline. The fading demonetization impact also aided the market growth.
In FY17, midcaps have delivered 35 percent positive returns, as against nearly 19 percent by the Nifty.
NPPA capped the prices of bare metal stent at Rs.7260 and drug eluting stent (DES) and biodegradable stents at Rs.29,600. Both the prices were exclusive of value added tax. DES constitutes 95 percent of the market.
The Securities and Exchange Board of India (Sebi) has disposed of charges against the company's director Harinder Sikka saying he cannot be faulted for the transactions as the company had not closed the trading window which would have checked his trades by way of grant of pre-clearances.
Biocon R&D team is working on the second phase of the development of oral insulin, and Kiran Mazumdar-Shaw, Chairman & MD, Biocon, hopes that it becomes an approved product in the next 2-3 years.
The deal of 2015 that stands out the most is the buyout of Mumbai's iconic Lincoln House by the suave deal maker Cyrus Poonawala from the US government worth a whopping Rs 750 crore making it the largest residential real estate deal in the country.
CLSA has a buy rating on the stock and has increased its target price too.
The project was being developed for Jet Airways on a 50:50 profit-sharing agreement.