FDA approvals make big difference in Indian pharmaceutical sector

The US Food and Drug Administration (US FDA) approvals have made a huge impact on Indian drug sector. And over the years, with the Indian companies going out, it has become even more important.

The same can be seen by looking at the two developments that happened today. While Aurobindo Pharma managed to get a positive nod from the US regulator for its chicken pox drug, Valacyclovir Hydrochloride tablets; on the other hand Sun Pharmaceutical Industries' saw its profit go down for the 2010 financial year...................& more