pharmaceutical regulations
- Business News
Innobic divests Alvogen Malta shares, refocuses on Asia-Pacific pharmaceutical market
In a strategic move to refocus its pharmaceutical sector, Innobic (Asia) Co, the life sciences division of the PTT Plc national oil and gas conglomerate, has entirely divested its shares in Alvogen Malta (Out-licensing) Holding (AMOLH). The shares were acquired by Floki Holding Société à Responsibilité Limitée, a healthcare and pharmaceutical firm based in Luxembourg. The transaction is expected to…
- Crime News
Thai crackdown on fake pharmacists reveals illicit cough syrup sales
In an effort to curb drug abuse in the nation, Thai authorities have apprehended 13 individuals posing as pharmacists during a series of synchronised raids across Bangkok. The arrests were made in connection with the illicit sale of cough syrup, a crucial component in the well-known and highly addictive cocktail drug 4×100. These operations were ordered by the Food and…
- World News
EU to unveil major pharmaceutical reform for cheaper drugs and faster access
The European Union is set to announce significant reforms to its pharmaceutical regulations today, aiming to reduce costs, prevent drug shortages, and expedite the introduction of new medicines. These changes represent the EU’s most extensive overhaul of pharmaceutical legislation in two decades, partly inspired by the benefits of more streamlined processes, joint action, and improved transparency observed during the Covid-19…
