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Category: Pharmaceuticals

Alkem Laboratories unveils the brand name of its API business, Alkem Activa

27 September 202327 September 2023

INDIA – Alkem Laboratories is eyeing an international expansion of its active pharmaceutical ingredients (API) business under its own brand name, Alkem Activa. To Alkem Laboratories, Alkem Activa represents a…

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Glenmark Pharmaceuticals takes a decisive leap toward financial stability by divesting 75% of its API business to Nirma Limited

24 September 202324 September 2023

INDIA — In a bold and strategic move, Glenmark Pharmaceuticals, a leading generics producer, is divesting a significant portion of its active pharmaceutical ingredient (API) business. The company is selling…

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CDC backs Pfizer’s RSV vaccine for pregnant women to shield infants

24 September 202325 September 2023

USA — The U.S. Centers for Disease Control and Prevention (CDC) has announced their endorsement of Pfizer’s respiratory syncytial virus (RSV) vaccine for expectant mothers in their third trimester. This…

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Legal woes drive Rite Aid to consider bankruptcy and store closures amid opioid litigation

24 September 202324 September 2023

USA — Rite Aid, a prominent player in the pharmacy industry, finds itself at a crossroads, engaged in high-stakes negotiations with creditors. The talks are centered around a potentially seismic…

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Roche under fire for failing to include essential drug information, potentially putting patient safety at risk

22 September 202322 September 2023

UNITED KINGDOM — In a recent development, pharmaceutical giant Roche has found itself in hot water for omitting crucial safety information from a webpage dedicated to one of its cancer…

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ViiV Healthcare and Shutterstock Studios join forces to challenge outdated HIV perceptions

22 September 202322 September 2023

USA — In a world often clouded by misconceptions and stereotypes, ViiV Healthcare has taken a pioneering step to illuminate the lives of those living with HIV. This pharmaceutical powerhouse,…

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Purdue researcher secures US$1.38m grant to combat drug-resistant malaria in Africa and Asia

22 September 202322 September 2023

USA — In an epic stride against drug-resistant malaria strains plaguing developing nations, Philip Low, a distinguished researcher at Purdue University, is on the brink of revolutionizing malaria treatment. Low’s…

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Kenya’s Pharmacy and Poisons Board recalls children’s pain and fever medication

21 September 202321 September 2023

KENYA — Kenya’s Pharmacy and Poisons Board (PPB) has taken decisive action to safeguard the health of its citizens by recalling a widely used oral medicine designed to relieve pain…

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Germany invests €20 million in South Africa’s vaccine production

21 September 202321 September 2023

SOUTH AFRICA — In an alliance to bolster global healthcare, the Department of Science and Innovation (DSI) and Germany’s KfW Development Bank have inked a historic financing agreement. This pivotal…

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President Kagame and Pfizer CEO discuss progress on sharing pharmaceutical patents

21 September 202321 September 2023

RWANDA —President Paul Kagame and Albert Bourla, Chairman and CEO of Pfizer, one of the world’s leading biopharmaceutical companies have met to explore ways of fortifying their partnership in sharing…

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