India

South Africa's Aspen Pharmacare and India's Matrix Laboratories have divested their 50-50 active pharmaceutical ingredient (API) manufacturing joint ventures. Aspen will acquire 50%... 2008-10-22

India's Lupin has expanded its footprint in South Africa through the acquisition of a majority 60% stake in local firm Pharma Dynamics. The stake in Pharma Dynamics should allow Lupin... 2008-09-19

In the face of disappointing financial results, India's Strides Arcolab has agreed to the sale of its Latin America joint venture, Strides Latina, to its partner, South Africa's Aspen... 2008-09-18

Underlining its commitment to emerging markets, Philips has acquired Mumbai-based Alpha X-Ray Technologies for an undisclosed sum. The transaction gives the Dutch company an increased... 2008-09-08

News: Indian drug maker Venus Remedies has received a Good Manufacturing Practice (GMP) certificate from Kenya's Pharmacy & Poisons Board . An assessment carried out by the Inspectorate... 2008-08-20

US-based Vanguard Pharmaceutical has signed a contract to sell the generics portfolio of India's Arbro Pharmaceutical in Latin America and the Caribbean. The deal gives Vanguard exclusive... 2008-08-04

The first half of 2008 has brought mixed results for pharmaceutical companies operating in Romania. Often considered as a high potential market for investment, it appears that the... 2008-07-31

Ranbaxy Pharmaceuticals has announced that it has launched a generic 40 mg version of ulcer drug Prilosec (omeprazole) in the US under an agreement with AstraZeneca . The drug... 2008-07-30

India is one the leading emerging markets for pharmaceutical companies. Sales of medicines are experiencing double digit growth each year, low labour costs makes it a premier manufacturing... 2008-07-24

Following the rejection of its merger agreement with Israel-based drug manufacturer Taro Pharma , India's Sun Pharma has launched a hostile takeover bid.