Novartis is buying dry-eye medicine brand ‘Xiidra’ from Takeda Pharmaceutical for up to $5.3 billion as the Swiss pharma-maker refreshes its ophthalmic medicines portfolio with a potential blockbuster. The deal calls for $3.4 billion up front and milestone payments up to $1.9 billion, Novartis said.
Neopharma, a leading global pharmaceutical company based in the UAE and GlaxoSmithKline (GSK) the global science-led healthcare company, have announced the launch of the first ever locally produced batch of medicines,
We’re crawling on your skin. Teeming under your toenails. And lurking on your doorknobs and countertops. We’re drug-resistant microbes, immune to all but your strongest antibiotics.
Dubai Economy issued fines to nine pharmacies and two pharmaceuticals suppliers for inflating the prices of face masks and trying to take undue advantage of the high demand for hygiene essentials following the nationwide alert against the Covid-19 pandemic.
Imagine how potentially profitable a coronavirus vaccine could be. Seven and a half billion people across the world, with perhaps a majority in need of vaccination. Governments desperate to reopen their economies.
The value of Dubai’s external pharmaceutical and medical supplies trade reached Dhs6.8 billion for Q1, 2021 recording a growth of 31 per cent from Dhs5.2 billion in the same period of 2020, according to statistics released by Dubai Customs.
The exports of Pakistan’s pharmaceutical products during the first three months of current fiscal year grew by 22.60 per cent as compared to the exports of the corresponding period of last year.
The fresh wave of Covid-19 in the country has pushed up sales of medicines and resulted in exponential growth for the pharmaceutical sector.