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Pharmaceutical companies

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Healthcare, Pharma & Life Sciences 10 Oct 2026, 04:12 AM IST

GST Council Allows Pharma Firms to Claim Input Tax Credit on Free Samples, Expired Goods from FY28

The GST Council has approved a significant relief for pharmaceutical companies, allowing them to claim input tax credit on free samples and goods destroyed after expiry, effective from the next fiscal year. The move is expected to ease a long-standing tax burden on drugmakers and align GST treatment more closely with business realities in the sector.

By RDU Global Wire5 min read
Global Health & Biotech04 Oct 2026, 08:22 AM IST

Novartis Agrees to Up to $7.8 Billion mRNA Deal With Chinaโ€™s Abogen

Novartis has struck a licensing and development agreement with Chinese biotech Abogen Biosciences that could be worth as much as $7.8 billion, underscoring the Swiss drugmakerโ€™s push into next-generation cancer therapies. The deal centers on an mRNA-encoded T-cell engager, a highly targeted approach that has drawn intense interest from large pharmaceutical companies seeking to replenish pipelines and deepen exposure to innovative Chinese science.

6 min readRead โ†’

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Co-Occurring Entities

Entities frequently referenced alongside Pharmaceutical companies: