Articles tagged under: Pharma

Emcure Pharmaceuticals Ltd’s IPO to open on July 03, 2024

July 01, 2024
Emcure Pharmaceuticals Ltd’s IPO to open on July 03, 2024

Ahmedabad: Emcure Pharmaceuticals Limited (the “Company”) proposes to open its initial public offering of Equity Shares (“Offer”) on Tuesday, July 02, 2024. The Anchor Investor Bid/Offer Period is one Working Day prior to Bid/Offer Opening Date, that is, Wednesday, July 03, 2024. Bid/ Offer Closing Date will be on Friday, July 05, 2024. The Price Band of the Offer has been fixed from ₹ 960 per Equity Share to ₹ 1008 per Equity Share. Bids can be made for a minimum of 14 Equity Sha...Read More

Cadila Pharmaceuticals announces World’s First – Aqueous Vitamin D Injection

February 26, 2024
Cadila Pharmaceuticals announces World’s First – Aqueous Vitamin D Injection

Gandhinagar: Cadila Pharmaceuticals today announced the launch of the world's first aqueous formulation of cholecalciferol, for the treatment of Vitamin D deficiency. It has been developed through totally indigenous research. The company said its aqueous cholecalciferol injection offers a solution with rapid correction of Vitamin D deficiency in short span of time, and enhances the efficacy of treatment by ensuring painless process. Key Features of Cadila Pharmaceuticals has announced abou...Read More

Cadila Pharma commissions Rs. 200 crore API plant at Dahej in Gujarat

November 28, 2023
Cadila Pharma commissions Rs. 200 crore API plant at Dahej in Gujarat

Dahej: Cadila Pharmaceuticals in a press release informed that its Rs. 200 crore Active Pharmaceutical Ingredients (API) Plant at Dahej in the Bharuch district has been inaugurated. The facility is equipped with the latest Distributed Control System (DCS) automation technology, the company informed in a release. Speaking on the occasion, Mr. Biswajit Mitra, Chief Mentoring Officer at Cadila Pharmaceuticals and Convener Pharma Panel, CII Gujarat State, said, “The DCS technology used in this...Read More

Lilavati Hospital promoter family launches Lilavati Pharmacy in Gujarat, to open 500 stores in 5 years

September 25, 2023
Lilavati Hospital promoter family launches Lilavati Pharmacy in Gujarat, to open 500 stores in 5 years

Gandhinagar: Mumbai based Lilavati Hospital's promoter family today launched Lilavati Pharmacy in Ahmedabad. The Mehta family, promoter of Lilavati hospital announced to open 500 such pharama stores in five years across India. Customers will be able to consult a doctor at the pharmacy itself and seek an appropriate line of treatment.The Lilavati Pharmacy project is being driven by Prashant Mehta, the promoter and Managing Director. Mehta is also leading Lilavati Hospital’s foray into Gujarat w...Read More

Nirma to acquire 75% stake in Glenmark Life Sciences; foray in API platform

September 21, 2023
Nirma to acquire 75% stake in Glenmark Life Sciences; foray in API platform

Mumbai: Gujarat headquartered Nirma Group has entered into definitive agreement to acquire 75% of Glenmark Life Sciences Limited from Glenmark Pharmaceuticals Limited at an enterprise value of about INR 7,500 Crore, subject to closing adjustments. Nirma will make a mandatory open offer as per SEBI Regulations. This acquisition is subject to customary regulatory approvals. With this acquisition, the Nirma Group forays into Active Pharmaceutical Ingredient (API) platform and expands its existin...Read More

Cadila Pharmaceuticals Ltd. signs MoU with Gujarat Govt for Rs. 1,000 crore investment

March 22, 2023
Cadila Pharmaceuticals Ltd. signs MoU with Gujarat Govt for Rs. 1,000 crore investment

Ahmedabad: Cadila Pharmaceuticals Ltd., Ahmedabad signed an MoU with the government of Gujarat on Monday to invest Rs. 1,000 crores in different existing projects. The company in a release stated - Cadila Pharmaceuticals Ltd. will overall invest Rs. 1000 crores in a span of three yearsuntil 2025 for setting up an Active Pharmaceuticals Ingredients (APIs) plant at Dahej, Bharuch & Ankleshwar and the Formation of Tablet & Capsules at Dholka Dist. Plant. As Proposed, these plants wi...Read More

PM Modi may kick off Bulk Drugs Park project at Jambusar, Gujarat on October 10

September 16, 2022
PM Modi may kick off Bulk Drugs Park project at Jambusar, Gujarat on October 10

Bharuch: Prime Minister Narendrabhai Modi may visit Bharuch in Central Gujarat on October 10 to perform ground breaking for India's first Bulk Drugs Park which is going to come up at a cost of Rs. 2300 crore. Bulk Drug Parks aim to bring down the cost of manufacturing bulk drugs by creating world-class common infrastructure facilities. The project is likely to be ready in less than two years. Gujarat contributes to about 28% of the country’s pharma exports of USD 25 billion and 30-31% of the ...Read More

Jambusar in Bharuch district of Gujarat to get first Bulk Drug Park of India

September 01, 2022

Bharuch: The first bulk drug park in the country will be established at Jambusar in Bharuch district of Central Gujarat.  The central government will provide an aid of Rs 10,00 crore to establish the bulk drug park in Jambusar. The central government has granted in principle approval for bulk drug parks in Andhra Pradesh and Himachal Pradesh along with Gujarat. Gujarat Industrial Development Corporation (GIDC) had submitted a detailed project report to the scheme steering committee...Read More

ભરૂચના જંબુસર ખાતે ભારતનો સૌપ્રથમ બલ્ક ડ્રગ પાર્ક સ્થપાશે

September 01, 2022
ભરૂચના જંબુસર ખાતે ભારતનો સૌપ્રથમ બલ્ક ડ્રગ પાર્ક સ્થપાશે

-- ગુજરાતમાં બલ્ક ડ્રગ પાર્ક સ્થાપવા કેન્દ્ર સરકાર દ્વારા આશરે રૂ. ૧૦૦૦ કરોડની સહાય આપવામાં આવશે -- ગુજરાત સહિત આંધ્ર પ્રદેશ અને હિમાચલ પ્રદેશને પણ બલ્ક ડ્રગ પાર્ક સ્થાપવાની સૈદ્ધાંતિક મંજુ...Read More

Smriti Irani to inaugurate a Pharma & Healthcare conference in Gujarat

April 28, 2022
Smriti Irani to inaugurate a Pharma & Healthcare conference in Gujarat

Ahmedabad: The Minister for Women & Child Development, Mrs Smriti Irani, will inaugurate a national conference on "Soaring Heights of Empowerment in Pharma & Healthcare Industry" on Sunday, 1st May in Ahmedabad, Gujarat. A knowledge report on “Future impact on Pharma & Healthcare with Diversity & Inclusivity: Vision 2030” will be launched on the occasion. By raising the concerns to bring Women into the mainstream in Health and Pharma sectors, the conference aims to generate dialogue,...Read More