ChrysCapital, two others launch open offer for Novartis India

A consortium including WaveRise Investments, ChrysCapital, and Two Infinity Partners is set to acquire a significant stake in Novartis India. This move is part of Novartis's strategy to divest its stake. The transaction is expected to conclude in the third quarter of 2026. Novartis will continue its operations in India through Novartis Healthcare.

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Indian drugmaker Sai Life Sciences to boost headcount by about 20% amid global demand upswing

Sai Life Sciences will boost its workforce by over 700 employees next financial year. This expansion supports growing global demand for its services. The company is increasing capacity to meet this demand. New hires will focus on scientific, technical, and management roles. This move reflects a broader trend of global pharma companies expanding in India.

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Thyroid, antibiotic drugs face fresh safety warnings after national review

New safety warnings are coming for two common medicines, doxycycline and carbimazole. Indian drug regulators have identified potential mental health side effects for doxycycline. Carbimazole will now carry stronger warnings about a rare but serious blood disorder. Manufacturers must update prescribing information. These changes aim to improve patient safety by highlighting important risks.

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Zydus launches biosimilar for ophthalmic care

Zydus Lifesciences has introduced Anyra, its first indigenously developed biosimilar for the treatment of visual impairment in India. This innovative drug, akin to Aflibercept 2 mg, addresses vision loss resulting from diseases like diabetes.

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Pharma firms asked for side-effects of common medicines

India's drug regulator has issued new safety warnings for common medicines. Doxycycline, an antibiotic, will now list side effects like anxiety and dizziness. Carbimazole, used for thyroid issues, will highlight the risk of a life-threatening condition called agranulocytosis. Manufacturers must update package inserts and promotional materials. These changes follow recommendations from pharmacovigilance experts to ensure patient safety.

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Warburg Pincus talks in final lap to buy Integrace Health for Rs 1,200 crore

Integrace is currently owned by homegrown PE fund True North and Singapore sovereign investor Temasek Holdings. True North Fund VI LLP holds a 55.83% stake in Integrace, while Temasek arm V-Science Investments Pte owns 43.91%.

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Steroid abuse among gym-goers raises heart, liver risks; issue raised in Parliament

Young people are facing severe health issues due to steroids and unsafe supplements. Doctors report liver toxicity, infertility, and aggression. Heart specialists warn of life-threatening consequences like heart attacks. Mental health experts note links to depression and anxiety. The market for these substances requires stricter checks and greater awareness among youth.

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