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| GROWTH |
| India gains bigger role in drug production |
India’s drug industry on track to grow about 13 percent this year, to just over $24 billion was once notorious for making cheap knockoffs of Western medicines and selling them in developing countries.
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| EXPORT |
| Digvijay Singh urges Pharma Companies to invest more in R&D to remain globally competitive |
The export of pharmaceutical and chemicals registered a growth of 22% reaching Rs.17, 693 crore during 2000-2001. Addressing the curtain raiser event for CHEM-EXPO 2002 organised by the Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council (CHEMEXCIL). |
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| ACCLOADE |
| Elder Pharmaceuticals Bags “India's Most Watched Company of the Year 2010” Award at the “3rd Annual Pharmaceutical Leadership Summit 2010" |
The Rs 720 crore Elder Pharmaceuticals Ltd has received the “India's Most Watched Company of the Year 2010” Award at the “3rd Annual Pharmaceutical Leadership Summit 2010" held recently at Mumbai. The summit was hosted by Pharmaleaders Magazine & Indo-American Chamber of Commerce. |
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| R & D |
| Ranbaxy and Daiichi Sankyo to integrate new drug R & D unit |
Daiichi Sankyo Company and Ranbaxy Laboratories announced that, the New Drug Discovery Research has been transferred to Daiichi Sankyo India Pharma Private Limited as part of the strategy to strengthen the global research and development (R&D) structure of the Daiichi Sankyo Group. |
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| LAUNCH |
| Pfizer launches pneumonia-prevention vaccine Prevanar-13 |
Global pharma major, Pfizer has launched a new variant of pneumonia-prevention vaccine, Prevanar-13, in the Indian market. Pfizer's recently-acquired subsidiary, Wyeth, will be handling the product in India. |
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| SUCCESS |
| Lupin among top five generic drug companies in US |
Drug maker Lupin has become one of the top five generic drug companies operating in the US market in terms of number of prescriptions.. |
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| SURVEY |
| Seven Indian cos in Asia's top 20 life science firms |
Seven Indian companies are among Asia's top 20 publicly listed life science companies, says a study. |
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| MARKET |
| Swiss pharma firm enters Turkish market |
Swiss pharmaceuticals company Nycomed, which has specialized in gastrointestinal respiratory and inflammatory diseases and tissue management, has entered the Turkish market with its own brand name. The company targets $25 million in revenues this year, according to a press conference held Thursday in Istanbul.. |
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