Ranbaxy may dilute 60% in new R&D unit

Ranbaxy Laboratories may dilute up to 60% stake in its new research company, which will be formed by hiving off its R&D unit into a separate entity in 2008.

Sops for pharma cos might extend to 2015

Drug makers can hope for tax sops for research activities to continue till 2015. Thus, consumers can hope for some reduction in the prices of drugs across the board and particularly in the case of cancer and HIV/AIDs drugs soon.

Orchid adopts Lorenz eCTD solution (docuBridge)

The LORENZ Life Sciences Group announced recently that Orchid Chemicals & Pharmaceuticals, located in Chennai, India has chosen docuBridge as its eCTD Publishing and Management solution.

India’s Pharma industry to grow at 16%: KPMG

A report from research firm KPMG predicts that the domestic pharmaceutical industry is projected to grow by 16 per cent annually for the next five years, three percentage points more than the current growth rate.

Private Equity investments in pharma touch $400 m

Private Equity (PE) investments in the domestic healthcare and pharma industry have touched around $400 million during the first nine months of the year. This trend is set to accelerate as companies go for overseas acquisitions, hive off their R&D units, and Foreign Currency Convertible Bonds (FCCB) lose their sheen.

Ranbaxy to make China a major sourcing hub

Pharmaceuticals major Ranbaxy Laboratories plans to make China its major sourcing hub for active pharmaceutical ingredient (API).

European Consumers Seeking Health and Pharmaceutical Information

Consumers in Europe are renowned for being extremely technologically advanced in terms of online activities and technology and device ownership. But due to the lack of direct-to-consumer advertising for pharmaceuticals, many pharmaceutical companies have assumed that consumers were somewhat passive participants in the patientphysician relationship.

Health eCard initiative launched in Bulgaria

The Bulgarian Health Ministry has officially launched the first electronic prescription in the new EU member state of Bulgaria. The Ministry has officially launched the pilot system for the Bulgarian electronic health card (eCard).

National Pharma Policy to be implemented soon

A National Pharma Policy, which aims at providing life- saving drugs at reasonable prices, would be implemented soon in India.

MAKING AUSTRALIA E-HEALTH AWARE

[This article was published in the February 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

The Consumers� Health Forum of Australia Inc (CHF) is the national voice of Australia for its health consumers.

Pharma alliance develops e-government system for electronic billing

A group of pharmaceutical vendors has developed e-government system to report files. The FDA incident reporting system will allow pharmaceutical vendors to file electronics reports on the Food and Drug Administration, which will include loss, theft and other problems related with drug samples.

Doctors aim for E-prescription in New Hampshire

New Hampshire is going to become the first state to allow doctors, clinics and hospitals for using electronic prescription system by 2008. Government’s John Lynch’s Citizens Health Initiative, group of doctors, is leading the way of e-prescriptions.