Pharma News

Pharma News

by admin- Wednesday, June 26th, 2019 04:15:33 PM

Eris Lifesciences board to recollect buyback of shares
Eris Lifesciences has announced that the Board of Directors will remember a suggestion of buyback of the completely paid-up equity shares of the Company of face fee of Re. 1/- every at its meeting scheduled to be hung on July 03, 2019.

Piramal Ent plans to promote 20% stake in Shriram Capital; Stock down
Shares of Piramal Enterprises fell by way of four% to Rs. 1,855.Five on June 25.

Piramal Enterprises Ltd. Is planning to promote its entire 20% stake in Shriram Capital Ltd. To fund boom of its financial services commercial enterprise, the Ajay Piramal-led company. The organisation had earlier this month offered its whole 10% stake in Shriram Transport Finance Co. Ltd. For Rs. 2,three hundred crore.

 
Alembic Pharma receives USFDA nod for Oseltamivir Phosphate Capsules USP
Alembic Pharmaceuticals has announced that the Company has obtained approval from the USA Food & Drug Administration (USFDA) for its Abbreviated New Drug Application
(ANDA) Oseltamivir Phosphate Capsules USP, 30 mg (base), forty five mg (base) and seventy five mg (base).

The authorized ANDA is therapeutically equivalent to the reference listed drug (RLD), Tamiflu Capsules, 30 mg (base), 45 mg (base) and seventy five mg (base), of Hoffman-La Roche, Inc. Oseltamivir Phosphate Capsules USP are indicated for the remedy of acute, uncomplicated contamination because of influenza A and B infection in patients 2 weeks of age and older who’ve been symptomatic for no greater than forty eight hours. It is likewise indicated for the prophylaxis of influenza A and B in sufferers 1 year and older.

Oseltamivir Phosphate Capsules has an envisioned market length of US$ 647 million for one year finishing December 2018 in line with IQVIA.

Alembic now has a total of 97 ANDA approvals (85 final approvals and 12 tentative approvals) from USFDA.

 

 

Torrent Pharma redeems NCDs well worth Rs. Eighty three crore on June 24
Torrent Pharmaceuticals has announced secured redeemable non-convertible debentures (NCDs) of Rs. Eighty three crore has been redeemed and repaid with the aid of the organisation on June 24, 2019.

 

 

Dr Reddy’s Lab launches Tobramycin Inhalation Solution, USP inside the US Market
Dr. Reddy’s Laboratories announced the release of Tobramycin Inhalation Solution, USP a therapeutic equal widely wide-spread model of TOBI (tobramycin) Inhalation Solution, approved with the aid of the USA Food and Drug Administration (USFDA).

The TOBI (tobramycin) Inhalation Solution logo and accepted had US sales of approximately $97 million MAT for the most current twelve months ending in April 2019 in keeping with IQVIA Health.

Dr. Reddy’s Tobramycin Inhalation Solution, USP is available in a 300 mg/5 ml, single-dose Ampule.

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