IPP Bureau

Solara Active Pharma approves rights issue of Rs. 450 Cr
Solara Active Pharma approves rights issue of Rs. 450 Cr

By IPP Bureau - July 05, 2023

The detailed terms in relation to the Rights Issue, including but not limited to the issue price, rights entitlement ratio, record date, timing and terms of payment will be determined in due course.

BDR Pharma's Nilotinib sets a new standard in the treatment of Philadelphia Chromosome-positive leukaemia
BDR Pharma's Nilotinib sets a new standard in the treatment of Philadelphia Chromosome-positive leukaemia

By IPP Bureau - July 05, 2023

Rare childhood cancer subtype, Ph+ ALL, is found in 3-4% of pediatric cases and 25% of adult cases

Biocon Biologics' Hulio Biosimilar to Humira now available in the US
Biocon Biologics' Hulio Biosimilar to Humira now available in the US

By IPP Bureau - July 04, 2023

The launch of HULIO in the United States is an important milestone for Biocon Biologics

Lupin receives approval from FDA for Cyanocobalamin Nasal Spray
Lupin receives approval from FDA for Cyanocobalamin Nasal Spray

By IPP Bureau - July 04, 2023

Cyanocobalamin Nasal Spray (RLD Nascobal) had estimated annual sales of USD 69 million in the U.S. (IQVIA MAT Mar 2023)

Adare Pharma divests Adare Biome to dsm-firmenich
Adare Pharma divests Adare Biome to dsm-firmenich

By IPP Bureau - July 04, 2023

The transaction represents an enterprise value of €275 million, an estimated 2023 EV/EBITDA multiple of 18x

SHL Medical acquires 100% of the shares in LCA Automation
SHL Medical acquires 100% of the shares in LCA Automation

By IPP Bureau - July 04, 2023

SHL Medical announces the acquisition of LCA Automation AG, a Swiss innovative automation solutions provider

Anupam Rasayan signs MoU with 3xper Innoventure for new age pharma molecules
Anupam Rasayan signs MoU with 3xper Innoventure for new age pharma molecules

By IPP Bureau - July 04, 2023

The identified products for Active Pharmaceutical Ingredients (API) will be developed under the CRAMS and CDMO models

Alembic Pharmaceuticals receives USFDA approvals for 5 products in Q1FY24
Alembic Pharmaceuticals receives USFDA approvals for 5 products in Q1FY24

By IPP Bureau - July 03, 2023

Alembic has a cumulative total of 184 ANDA approvals (159 final approvals and 25 tentative approvals) from USFDA.

Granules India successfully completes Two US FDA Audits in a span of 2 weeks
Granules India successfully completes Two US FDA Audits in a span of 2 weeks

By IPP Bureau - July 03, 2023

The zero-observation outcome reflects the company's robust quality management systems and commitment to excellence in its operations.

Annovis’ Buntanetap in PD faces complex road ahead despite phase III progress, says GlobalData
Annovis’ Buntanetap in PD faces complex road ahead despite phase III progress, says GlobalData

By IPP Bureau - July 03, 2023

The positive safety review from the DSMB enables the trial to move forward as planned, with an estimated completion date in December 2023

Sanofi reaffirms ambition to deliver >€10bn in annual vaccines sales by 2030
Sanofi reaffirms ambition to deliver >€10bn in annual vaccines sales by 2030

By IPP Bureau - July 03, 2023

Intent to start at least 5 innovative Phase 3 vaccine programs by 2025

VitaDAO launches VITA-FAST tokens, revolutionizing governance in longevity research
VitaDAO launches VITA-FAST tokens, revolutionizing governance in longevity research

By IPP Bureau - July 03, 2023

The VITA-FAST tokens have been met with overwhelming interest

Merck to expand reagent production capacity in China
Merck to expand reagent production capacity in China

By IPP Bureau - June 30, 2023

The €70 million investment will allow the large-scale manufacturing of high-purity reagents for quality control and testing for biopharma customers, increasing annual output by several thousand tons

ENPICOM secures extended financing from current investors
ENPICOM secures extended financing from current investors

By IPP Bureau - June 30, 2023

Investment will help fuel international partnerships, grow IGX Platform functionality, and diversify proposition with new generative AI solutions

Lupin achieves milestone for its phase 1 clinical stage MALT1 inhibitor program
Lupin achieves milestone for its phase 1 clinical stage MALT1 inhibitor program

By IPP Bureau - June 30, 2023

Lupin has received US$ 25 million from AbbVie for initiation of Phase 1 clinical studies successfully

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