Consumers and patients are advised to be careful and only procure the medical products from authorised sources with proper purchase invoice
Sun Pharmaceutical Industries Ltd said its unit has received US Food and Drug Administration's final approval for the generic version of Prevacid.
Shares in Sun Pharmaceutical Industries, India's most valued drugmaker, rose as much as 2.5 percent after its unit agreed to buy the generic drugs business of US-based URL Pharma from Japan's Takeda Pharmaceutical Co.
Advinus Therapeutics Ltd (Advinus)and Japanese firm Takeda Pharmaceutical Company Ltd (Takeda) jointly announced today that they have entered into an agreement to initiate a three-year drug discovery collaboration.
Pharmaceutical companies Cipla and Lupin have both strongly denied that they are in talks with Takeda Pharmaceutical Co to sell stake or part of their business, and have said a newspaper report linking the two with the Japanese firm is "baseless."
Takeda Pharmaceutical Co, Japan's largest drugmaker, is in talks with Indian generic drugmakers Cipla and Lupin about buying one of the companies' pharmaceutical businesses.