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[2] lt manufactures industrial chemicals, pharmaceuticals like antibiotic injectables, tablets and capsules; and household products. [3] Established in Kolkata, West Bengal in 1901 by Prafulla Chandra Ray, it is India's first government owned-pharmaceutical-manufacturer. While initially successful, it started making losses in the mid-1950s.
Glenmark Pharmaceuticals announced on January 31 that they have collaborated with Pfizer to launch Abrocitinib - which is an oral treatment for moderate-to-severe cases of atopic dermatitis or AD. [24] The drug which is originally developed by Pfizer will be sold under the brand name JABRYUS by Glenmark Pharmaceuticals. [25]
In 2024 Novo Nordisk drug pricing in the US has been a target of lawmakers, including Senator Bernie Sanders and the Senate committee Health, Education, Labor and Pensions (HELP). The committee investigation found Novo Nordisk's drug Ozempic priced for $969 per month in the US, compared to $155 in Canada and $59 in Germany.
Alembic Pharmaceuticals Ltd. is an Indian multinational pharmaceutical company headquartered in Vadodara. [2] It is involved in the manufacture of pharmaceutical products, pharmaceutical substances and intermediates. It is also termed to be a market leader in macrolides segment of anti-infective drugs in India. [2]