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Cut in import duty on life saving drugs to help only MNCs: Kiran Mazumdar-Shaw
Published July 9, 2009, 7:48 pm, PharmaBiz
The reduction in customs duty of life saving drugs in the Union Budget 2009-10 has not enthused the members of the Indian biotech industry. They are of the view that the move can mainly help the multinational drug companies.
Dr. Reddy's takes cautious path to growth
Published July 7, 2009, 4:12 pm, Market Watch
Satish Reddy, managing director of Dr. Reddy's Laboratories, says the Indian pharmaceutical giant is putting acquisition plans on hold, exiting smaller markets, and capping its research spending, as it pursues a more sustainable kind of growth.
Pharma: Expectations not met
Published July 7, 2009, 2:24 am, rediff.com
Overall the impact of Union Budget 2009-10 on pharmaceutical industry is neutral.
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