India Phama Update

India's one of the biggest generic pharmaceutical company Cipla has been charged by government agency ie,National Pharmaceutical Pricing Authority for over pricing of drug  Ciprofloxacin and Doxycyclin.NPPA has asked the company to pay Rs 20.1 crore for Ciprofloxacin and Rs 1.1 lakh for Doxycycline.

For more information about the article go to following link
http://www.business-standard.com/india/news/cipla-gets-nppa-noticeoverpricing-drugs/80176/on

Other News Update: Watson pharmaceutical has completely finished acquisition of Arrow pharma which also has generic version of Lipitor in its pipeline.