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
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…
Read MoreCDC backs Pfizer’s RSV vaccine for pregnant women to shield infants
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…
Read MoreLegal woes drive Rite Aid to consider bankruptcy and store closures amid opioid litigation
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…
Read MoreRoche under fire for failing to include essential drug information, potentially putting patient safety at risk
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…
Read MoreViiV Healthcare and Shutterstock Studios join forces to challenge outdated HIV perceptions
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,…
Read MorePurdue researcher secures US$1.38m grant to combat drug-resistant malaria in Africa and Asia
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…
Read MoreKenya’s Pharmacy and Poisons Board recalls children’s pain and fever medication
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…
Read MoreGermany invests €20 million in South Africa’s vaccine production
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…
Read MorePresident Kagame and Pfizer CEO discuss progress on sharing pharmaceutical patents
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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