Tumor Targets

Dr Reddys Laboratories Ltd on January 21, 2008 has announced that the Company has entered into a settlement agreement with Novartis Pharma AG which involves a stipulation of dismissal of the lawsuits in the United States relating to the Abbreviated New Drug Applications filed by Dr. Reddy’s for a generic version of rivastigmine tartrate capsules [...]

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Dr Reddys Laboratories Ltd has announced that the Company has launched Supanacr (Diclofenac potassium immediate release 50 mg tablets) in India, increasing its offering in the Rs 2700 crores (~ $688 million) NSAID market. (Source: IMS ORG June MAT ‘07).
Supanac r is in-licensed from Applied Pharma Research (APR), Switzerland and is used for Acute Pain [...]

Ranbaxy Laboratories Ltd on January 21, 2008 announced that the Company has settled all matters relating to possible patent litigation with GlaxoSmithKline relating to Sumatriptan Succinate Tablets, the generic version of GlaxoSmithKline’s Imitrexr Tablets.
The terms of the settlement, provide that Ranbaxy may distribute a generic version of Sumatriptan Succinate Tablets (in the 25 mg, [...]

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Dr Reddys Laboratories Ltd has informed that the Board of Directors of the Company at its meeting held on January 25, 2008, inter alia, has considered and approved raise of further equity by way of preferential issue of share warrants up to 5% of the existing equity of the Company exercisable into equal number of [...]

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Nicholas Piramal India Ltd has informed that the Company and Healthline Pvt. Ltd (HLPL) on January 22, 2008, has announced that they have signed a definitive agreement for purchase of HLPLs Pharmaceuticals business by the Company for a consideration of Rs 150 million.
HLPL has a modern injectables manufacturing unit at Bangalore for small and large [...]

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Sun TV Network Ltd has announce the launching its FM Radio Station at Rajabmundry under the brand S FM from January 19, 2008 through its Subsidiary Kal Radio Ltd. This Station can be heard at 93.5 MHz frequency in Rajahmundry. The programs will cater to the audience of all age groups.
With the launch of this [...]

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ICICI Prudential Life Insurance has signed a strategic partnership with Thrissur-based South Indian Bank (SIB) to provide policyholders the convenience of paying their first as well as renewal premiums in cash at over 296 branches of SIB in Kerala. The partnership will enable the bank to provide one more value-added service to the customers. ICICI [...]

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ITC Ltd, having set up its food brands in the domestic market, is all set to concentrate on health and wellness-oriented products within the segment. The company, which already has a clutch of brands such as Sunfeast, Kitchens of India and Bingo, is going to unveil several health, wellness and nutrition-based brands as well as [...]

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The Employees State Insurance Corporation (ESIC) will be opening a Zonal Super Specialty Hospital here to cater to the medical needs of its beneficiaries. The proposed 120-bed hospital, to be opened with Rs 92 crore and a recurring cost of Rs 8 crore, would benefit Karnataka, Kerala, Tamil Nadu and Andhra Pradesh. The Government of [...]

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