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    TEVA PHARMA

    Sun Pharma gets ratings boost from Moody's, S&P over USD 11.75-bn Organon & Co acquisition bid

    Rating agencies Moody's and S&P assigned investment-grade ratings to Sun Pharmaceutical Industries. This action follows Sun Pharma's proposed acquisition of US-based Organon & Co. The deal is expected to significantly bolster Sun Pharma's business position and revenue base. Organon will contribute substantially to the group's earnings after the acquisition. This strategic move will enhance Sun Pharma's scale and geographic reach.

    Sun Pharma among 9 pharmaceutical firms to lower drug prices for Americans, Trump says

    Nine pharmaceutical firms reached deals with the Trump administration for lower drug prices. These agreements expand the total number of companies to twenty-six manufacturers. The deals cover medicines for chronic and rare diseases, benefiting Medicaid programs. Sun Pharma will contribute antibiotics to the US Strategic Active Pharmaceutical Ingredients Reserve. These initiatives aim to reduce reliance on foreign suppliers and lower costs.

    If Sun Pharma inspections come through, 2018 could be a turning point for Indian pharma: Amit Rajan, Prosfora Technology

    “We have to get our things in order for sterile manufacturing and Sun Pharma Halol plant is mostly on steriles.”

    DRL, Cipla, Aurobindo among others to buy products from Teva

    The remedy requires Teva to divest the drug portfolio to 11 firms and marks the largest drug divestiture order in an FTC pharmaceutical merger case.

    US court finds Teva's Copaxone patent invalid again: Natco Pharma

    Natco Pharma, a city-based drug maker, today said the US Court of Appeals for Federal Court has again found one of the patents of Teva's Copaxone as invalid.

    Teva’s hostile bid for Mylan: Deal could open up a $2-billion opportunity for pharma companies

    According to experts, there is a possibility that the fruition of the deal will open up a $2-billion opportunity for Indian generic pharma firms.

    The Economic Times
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