The Gujarat Food and Drug Control Administration approved layout designs of 150 pharmaceutical companies including Illinois-based Abbott, Baxter, Israel-based Teva, Japanese company Otsuka Pharmaceutical, among others, from July 2017 onward. The manufacturing units include APIs, formulations, and medical device units. In Gujarat, a manufacturing park which will help reduce capital...
Baxter Close to Acquiring Gland Pharma in India
Deerfield, IL-based Baxter, which specializes in parenteral nutrition and intravenous solutions is one of two companies that have bid for Hyderabad, India-based Gland Pharma, a contract manufacturer of generic injectables. Baxter is being represented by Citigroup. The other company in the running is the Shanghai Fosun Pharmaceutical (Group) Co. Ltd,...