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The Intellectual Property Appellate Board (IPAB) in Chennai on Friday fixed August 21, 2012, for hearing the petition of the global pharmaceutical company, Bayer AG, against the compulsory licence (CL) granted to Hyderabad-based Natco Pharma Limited for manufacturing the patent protected anti-cancer drug, Nexavar.


Four Indian drug makers — Dr Reddy’s Laboratories Ltd, Sun Pharmaceutical Industries Ltd, Torrent Pharmaceuticals Ltd and Aurobindo Pharma Ltd — have received approval from the US Food and Drug Administration (USFDA) to launch a low-cost version of blood-thinning drug Plavix in the US.


Navayuga, one of the leading infrastructure companies in AP, is the Krishnapatnam Port operator as well as the lead partner in the consortium that was selected for the development of the Machilipatnam port.

 
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