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Soumonty Kanungo

  • This is going to be challenging year in the US market: Glenn Saldanha

    As the chairman and managing director of Glenmark Pharmaceuticals, Glenn Saldanha oversees a fast-growing organisation that spans from an India-focused branded generics business to a significant export market across major emerging and developed economies. Glenmark's branded generics presence is...

    Monday, 28 July 2014 - 8:11am
  • Biocon files its first new drug applications

    Bangalore-based Biocon on Friday said it has filed its first abbreviated new drug applications (ANDAs) targeting the US generics market during the June quarter. Kiran Mazumdar-Shaw, chairman and managing director, said, "We have filed a few ANDAs in the US this quarter. This effort is part of our...

    Saturday, 26 July 2014 - 6:55am
  • Pharma cos to post double-digit growth, say analysts

    The pharma companies are expected to report a double digit growth, both in terms of revenue and profit, in the quarter ended June 2014, with domestic business also likely to show a decent uptick over the previous quarter, according to analysts. Analysts are expecting strong US growth to boost...

    Friday, 25 July 2014 - 6:35am
  • National Pharmaceutical Pricing Authority moves to bring cancer drugs under price control

    Sets July 24 deadline for six pharma firms to submit pricing data of their cancer drugs, pulls them up for dithering to furnish pricing data

    Monday, 21 July 2014 - 4:29pm
  • Pharma companies face Rs 570 crore hit on fresh price cap

    National Pharmaceutical Pricing Authority brings 108 formulation packs of 50 diabetic and cardiovascular medicines under price control, Sanofi to be hit the most

    Tuesday, 15 July 2014 - 7:10am
  • Hefty pay hikes for Dr Reddy's Laboratories promoters despite moderate revenue growth

    Annual pay packages of GV Prasad and Satish Reddy for FY14 increased 35% and 44%, respectively, to Rs 10.9 crore and Rs 11.46 crore

    Monday, 14 July 2014 - 6:51am
  • Rs10,000 cr to kickstart start-ups

    The finance minister has given a significant push to promote entrepreneurship and start-ups with the setting up of a Rs10,000 crore venture capital fund, in the hope of boosting capital flow to the SME sector. "Promotion of entrepreneurship and start-up companies remains a challenge. While there...

    Friday, 11 July 2014 - 7:40am
  • Invest heavily to build a robust healthcare system

    Over 5% of GDP spend is required on healthcare sector against the current 1% to meet targets, say industry captains

    Tuesday, 8 July 2014 - 6:55am
  • Accord priority status to pharma and healthcare: Glenn Saldanha

    'Implement favourable policies to enhance innovation' Glenn Saldanha, CMD, Glenmark Pharmaceuticals, has asked the government to substantially increase its spend on the healthcare and reform the public health system. "The government should make universal healthcare a priority and create a road map...

    Tuesday, 8 July 2014 - 6:45am
  • Way forward for effective healthcare is PPP partnerships: Shobana Kamineni

    The government currently spends only 1% of the GDP on healthcare, which is pitifully low, says Shobana Kamineni, who has been recently elevated to the post of executive vice chairperson at Apollo Healthcare Enterprise. "I believe the ideal figure should be close to about 6% if we have to bring the...

    Tuesday, 8 July 2014 - 6:40am

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