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India's Ipca Laboratories Ltd. said it will file six abbreviated new drug applications
(ANDAs) with the U.S. Food and Drug Administration by December, and it expects
exports to rise.
Drugs giants such as Pfizer and Merck are likely to push further into China,
the world's fastest growing market, after new figures revealed global prescription
drug sales last year grew at their slowest pace since 1998.
Children of Africa Foundation and Emcure Pharmaceuticals have come together
to support and fight HIV/AIDS globally with specific focus to the Afro-Asian
continent.
Pharmaceuticals major Nicholas Piramal India is planning
a nearly $100 million (about Rs 473 crore) global depository receipts issue
as part of its fund-raising exercise.
The Israeli media report that US and Israeli negotiators are to take
part in a video conference, aimed at thrashing out a solution to protracted
negotiations on proposed changes to the country's intellectual property regime.
Non-prescription drugs in Venezuela have been given a new lease on
life following a ruling from Venezuela's Supreme Court in December 2003, which
came into action during Q4 2004.
Chinese pharmaceutical industry sources have insisted that the country is
now self-sufficient in antiretroviral (ARV) drugs, used in the treatment of
HIV/AIDS.
The European Patent Office has ruled the combination patent on AstraZeneca's
asthma drug Symbicort is still valid, despite challenges from several generic
manufacturers, the Anglo-Swedish group says.