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  • Sun Pharma Reports 10% Revenue Growth in Q1 FY27, India Business and Innovative Medicines Lead Performance

    Sun Pharmaceutical Industries Ltd., India's largest pharmaceutical company, has announced a strong start to FY2026-27, reporting double-digit revenue growth in the first quarter ended June 30, 2026. Robust performance in the domestic formulations business and continued momentum in its innovative medicines portfolio helped the company deliver higher sales and profitability despite softer demand in the U.S. generics market.

  • AbbVie Posts Strong Q2 2026 Results as Skyrizi and Rinvoq Drive Double-Digit Revenue Growth
    AbbVie has reported strong financial results for the second quarter of 2026, driven by continued robust demand for its blockbuster immunology medicines Skyrizi and Rinvoq. The company's performance exceeded Wall Street expectations, demonstrating that its strategy to offset declining Humira sales continues to deliver positive results.
  • Sun Pharma receives approval to manufacture and market semaglutide in Brazill

    Sun Pharma announced that it has received approval from the Brazilian Health Regulatory Agency, ANVISA to manufacture and market semaglutide injection in Brazil for the treatment of adults with inadequately controlled type 2 diabetes mellitus as an adjunct to diet and exercise.

    Sun Pharma plans to launch the product in the next few days in partnership with Hypera Pharma, a leading pharmaceutical company in Brazil. It will be available as a pre-filled, multi-dose injectable pen in two strengths (2 mg/1.5 mL and 4 mg/3 mL) allowing flexible, once-weekly dosing.

  • Glenmark Pharma Launches Generic Sugammadex Injection in U.S.

    Glenmark Pharmaceuticals Inc., USA (Glenmark) today announced the launch1 of Sugammadex Injection, 200 mg/2 mL (100 mg/mL) and 500 mg/5 mL (100 mg/mL) Single-Dose Vials. Glenmark’s Sugammadex Injection is bioequivalent and therapeutically equivalent to the reference listed drug, BRIDION®2 Injection, 100 mg/mL of Merck Sharp & Dohme LLC [NDA 022225].

    According to IQVIA® sales data for the 12-month period ending May 2026, the BRIDION® Injection, 100 mg/mL market3 achieved annual sales of approximately 1.6 billion USD.

  • Johnson & Johnson Moves to End Decade-Long Talc Litigation with Proposed 5.5 Billion USD Ovarian Cancer Settlement

    Johnson & Johnson (J&J) has announced a proposed 5.5 billion USD settlement aimed at resolving nearly all remaining U.S. lawsuits alleging that its talc-based products caused ovarian cancer, marking one of the largest mass-tort settlement efforts in the company's history. The proposed agreement covers approximately 76,000 pending claims and will take effect only if at least 95% of eligible claimants agree to participate.

  • Akums Enters Color Cosmetics Manufacturing with Strategic Acquisition of Oriflame India’s Production Facilities

    Akums Drugs & Pharmaceuticals Ltd., India's leading Contract Development and Manufacturing Organization (CDMO), has announced the acquisition of Oriflame India's manufacturing business, marking its entry into the fast-growing color cosmetics manufacturing sector while significantly expanding its personal care and wellness portfolio.

  • EU Panel Backs Roche’s Susvimo, Opening New Era for Continuous AMD Treatment

    Roche has announced that the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion recommending the approval of Susvimo® (ranibizumab) for the treatment of neovascular age-related macular degeneration (nAMD). If the European Commission grants final approval, Susvimo will become the first continuous drug-delivery treatment for nAMD in the European Union.

  • US FDA Warns Almon Healthcare Over Serious API GMP Lapses

    The U.S. Food and Drug Administration (US FDA) has issued a Warning Letter to Almon Healthcare Private Limited, Ahmedabad, Gujarat, after identifying significant violations of Current Good Manufacturing Practice (CGMP) regulations at its active pharmaceutical ingredient (API) manufacturing facility during an inspection conducted from February 9–13, 2026. The warning letter was issued on July 13, 2026.

  • Novo Nordisk Files Lawsuit Against Eli Lilly Over GLP-1 Drug Advertisements

    Novo Nordisk has announced that it has filed a lawsuit against Eli Lilly and Company in the United States, alleging that Lilly's advertising campaigns for its GLP-1 medicines are misleading and do not present complete scientific information.

  • Sanofi Publicly Reprimanded by UK Pharma Watchdog After Pfizer Complaint

    Global pharmaceutical company Sanofi has received a Public Reprimand from the Prescription Medicines Code of Practice Authority (PMCPA) after a complaint was filed by Pfizer.

    The PMCPA investigated the case (CASE/0689/08/25) and found that Sanofi had breached several rules of the 2024 ABPI Code of Practice, which sets standards for how pharmaceutical companies should promote their medicines in the UK.

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