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    Glenmark Pharma weighs selling stake in Glenmark Lifesciences

    Glenmark Pharma weighs selling stake in Glenmark Lifesciences

    Bengaluru: India’s Glenmark Pharmaceuticals Ltd is considering selling a majority of the 82% stake it holds in Glenmark Life Sciences Ltd as it looks to lower its debt load, the Mint business daily reported on Tuesday. Glenmark Pharma has hired Kotak Mahindra Capital Co Ltd to oversee the sale of its stake in Glenmark Life and […] More

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    Quack held for selling promising male child medicine in Gurugram

    Quack held for selling promising male child medicine in Gurugram

    Gurugram: A quack was arrested by the health department team and police on charges of selling medicine to guarantee the birth of a male child in the Badshahpur area of Gurugram. The accused was arrested from outside a temple, officials said. According to the health department, a complaint was received that a person was selling […] More

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    SC dismisses plea seeking CBI probe against 10 pharma cos for selling Remdesivir, Favipiravir without valid license

    SC dismisses plea seeking CBI probe against 10 pharma cos for selling Remdesivir, Favipiravir without valid license

    New Delhi: The Supreme Court on Monday dismissed a plea alleging use of drugs Remdesivir and Favipiravir, without approval, for treatment of Covid-19 and also seeking CBI probe against ten Indian pharmaceutical firms for selling these medicines allegedly in the absence of valid licenses. A bench, headed by Chief Justice of India D.Y. Chandrachud and […] More