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News Index March

Ranbaxy expands its European reach
Ranbaxy Laboratories, India's biggest drug maker, said Wednesday that it would buy Terapia of Romania for $324 million to increase sales of generic medicines in Europe...
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Sanofi invests in generics market
BUDAPEST Sanofi-Aventis bought a 24.9 percent stake in the Czech drug maker Zentiva for €430 million, the French company said Monday, as it expands in Russia and Eastern Europe and positions itself for growth in the market for generic drugs...
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Consumers: Nomisma Report on Generic Drugs
Sales for generic drug equivalents - especially type C, non-prescription drugs - rose steeply last year, accounting for 25.5 pc of total drugs sales...
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Russia changes DLO programme rules - How will it affect Richter and Egis?
Russia's Health Minister Mikhail Zurabov has signed a decree changing the rules for the DLO Programme, under which the distribution of DLO drugs is to occur by name of active ingredients or INN (International Nonproprietary Name) rather than brand name, Citigroup analyst, Robert Bonte-Friedheim said in an analysis...
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FDA chief says unique generics get priority
The U.S. Food and Drug Administration is taking steps to eliminate a backlog of more than 800 pending generic drug applications by focusing on those offering the first cheaper alternative therapy, the agency's acting chief told Congress on Tuesday..
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Watson Pharmaceuticals to Acquire Andrx for $1.9 Bln (Update4)
Watson Pharmaceuticals Inc. said it will acquire Andrx Corp. for $1.9 billion to become the third- largest maker of generic drugs in the U.S. Read Full News...

Glaxo Loses U.S. Court Bid to Stop Generic Flonase
GlaxoSmithKline Plc has lost its legal attempt to prevent the launch of generic versions of its allergy nasal spray, Flonase, in the United States, Europe's biggest drug maker said on Tuesday.
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