As part of plans to up its focus on specialty pharma, the NYSE- listed Dr Reddy's Laboratories is all set to hive off its dermatology business into a new entity called Promius Pharma.
Emami Ltd, which holds 27.5 percent stake in Zandu Pharmaceuticals Works Ltd, is in talks with the pharma company's promoters for a management sharing arrangement.
Perlecan Pharma, the integrated drug development company set up by Dr Reddy's Laboratories, has dropped a second blockbuster candidate from its drug development portfolio.
Anu's Laboratories Ltd (Anulabs), the Hyderabad-based pharmaceutical company, is a manufacturer and supplier of basic and advanced quality drug intermediates and active pharma ingredients (API).