Latest Ranbaxy Laboratories Stories

2007-10-29 12:00:47

India's Ranbaxy Laboratories has received tentative approval from the FDA to market four dosage strenghs of valsartan, a generic version of Novartis's hypertension drug Diovan. Valsartan is indicated for the treatment of hypertension alone or in combination with other anti-hypertensive agents. Valsartan is also indicated for the treatment of heart failure. Jim Meehan, vice president of sales and distribution for Ranbaxy Pharmaceuticals, said: "We are pleased to receive tentative approval...

2006-07-25 00:57:38

By Irwin Arieff UNITED NATIONS (Reuters) - U.N. Secretary-General Kofi Annan encouraged executives from nine drug companies on Monday to lower prices of AIDS medicines and step up efforts to develop AIDS drugs and diagnostics for children. Annan for the first time included generic drug makers in his latest in a series of meetings with top drug makers at U.N. headquarters over the past five years. The meetings aim to encourage the pharmaceutical firms to broaden access to AIDS drugs,...

2006-03-20 10:35:00

By Ben Hirschler, European Pharmaceuticals Correspondent LONDON -- China will leapfrog Britain and Italy to become the world's fifth most valuable pharmaceuticals market by 2010, industry experts said on Monday. Melanie Lee of Boston Consulting Group predicted Chinese drug sales would virtually double to $25 billion a year from $13 billion in 2005, driven by greater adoption of Western-style medicines. Such products currently account for less than a quarter of a market dominated by locally...

2005-12-01 12:50:00

NEW YORK (Reuters) - Indian generic drug company Ranbaxy Laboratories Ltd. said on Thursday that it was prepared to produce large quantities of Tamiflu for the United States to help meet the threat of avian flu and was in talks with the drug's maker, Roche Holding AG. Ranbaxy said within a year it could provide enough oseltamivir phosphate -- the active ingredient in Tamiflu -- to produce 1.3 billion 75 milligram capsules. Within six months of beginning production, Ranbaxy believes it can...

2005-09-08 14:54:55

WASHINGTON (Reuters) - U.S. health officials on Thursday granted tentative approval for a generic liquid version of the AIDS drug AZT, allowing it to be used overseas under a U.S. program to fight the deadly virus. The generic oral version of GlaxoSmithKline Plc's drug zidovudine, made by India-based drugmaker Aurobindo Pharma Ltd., is the latest in a string of approvals for the program. However, the generic drug will not be available in the United States because of patent...

2005-08-12 10:07:43

WASHINGTON (Reuters) - Patients and doctors must register with manufacturers before using or prescribing Roche Holding AG's acne drug Accutane or its generic versions, U.S. regulators said on Friday. The requirement is part of a plan to strengthen safeguards meant to keep pregnant women from taking Accutane, the Food and Drug Administration said in a statement. The drug can cause birth defects. The FDA also said it approved changes to existing warnings "so that patients and...

Word of the Day
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.