Corona Remedies Buys Sanofi India's Ortho Brand Myoril
Certainly! Corona Remedies, an Ahmedabad-based pharmaceutical company, recently made a significant acquisition. They acquired the muscle relaxant brand Myoril from Sanofi India for ₹234 crore. This strategic move includes not only the Myoril brand but also its extensions. The acquisition is particularly noteworthy because it marks Corona Remedies’ largest acquisition to date and positions them as a key player in the muscle relaxant segment1. Myoril is a... Read More
Telangana-dca-suspends-license-of-6-wholesalers
Dt.03/06/2024
Drugs Control Administration (DCA), Telangana on Tuesday said it has suspended licenses of six wholesalers in the State for 30 days, due to illegal procurement of Insulin injections (pre-filled pens), without purchase bills. This action will be complemented with the initiation of prosecution proceedings. DCA has seized stocks worth a total of Rs 51.92 lakh during the raids. The list of wholesalers include Drug Hub in Secunderabad, and the worth of stock seized is... Read More
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