Mumbai-based Glenmark Pharmaceuticals announced that its subsidiary Glenmark Specialty received approval from the Indian drug regulator, Drug Controller General of India (DCGI), to conduct a Phase 1 clinical trial of its novel small molecule, GRC 54276. It also plans to file an Investigational New Drug program in the U.S. along...
Medis, Axantia, Source Orphan Drugs from India’s Lupin
Mumbai-based global pharma major Lupin, signed a distribution agreement with Slovenia-based Medis for Lupin’s orphan drug NaMuscla® (mexiletine). Medis will commercialize NaMuscla® for the symptomatic treatment of myotonia in adults with non-dystrophic myotonic (NDM) disorders in Central and Eastern European countries, namely Croatia, Czech Republic, Hungary, Slovakia, and Slovenia in...
Medis, Axantis, Source Orphan Drugs from India’s Lupin
Mumbai-based global pharma major Lupin, signed a distribution agreement with Slovenia-based Medis for Lupin’s orphan drug NaMuscla® (mexiletine). Medis will commercialize NaMuscla® for the symptomatic treatment of myotonia in adults with non-dystrophic myotonic (NDM) disorders in Central and Eastern European countries, namely Croatia, Czech Republic, Hungary, Slovakia, and Slovenia in...
IOL Pharmaceuticals of India To Export Ingredient for Heartburn Drug
Ludhiana, Punjab-based IOL Chemicals & Pharmaceuticals Ltd., (IOL) a pharmaceutical APIs company, announced that it has received the EDQM certification to supply Pantoprazole Sodium Sesquihydrate API across the European market. Pantoprazole Sodium Sesquihydrate is a proton pump inhibitor used to treat certain stomach and esophagus problems (such as acid reflux)....
India Considers Global Joint Ventures to Expand Electronics Manufacturing
Per the recommendations from Building India’s Export Competitiveness in Electronics–2025-26: From Assembly to Manufacturing Hub: Call to Action Report from the think tank National Council of Applied Economic Research, the Government of India has taken action. The report recommended that India soften rules on allowing investment from China if it...
India's L&T Technology Wins Electrification Project from Europe
L&T Technology Services Limited (LTTS), a global engineering services company which is a subsidiary of Mumbai-based conglomerate Larsen & Toubro, has been selected as a strategic partner by an automotive manufacturer based in Europe for its electric Powertrain (e-Powertrain) practice. The multi-year engagement requires LTTS to provide a real-time technology...