In an interview to CNBC-TV18, Anmol Ganjoo of Antique Broking share outlook on the pharmaceutical space and trading strategies for various stocks in the sector. He is bullish on Glenmark and Ipca laboratories from the midcap pharma space.
Torrent Pharmaceuticals gained more than one percent intraday on Friday as the company received approval from US FDA for generics of Actos and Actoplus Met.
Drug maker Aurobindo Pharma has got final approval from US Food and Drugs Administration (FDA) to manufacture and market Pioglitazone tablets in 15mg, 30mg and 45mg strength, and its earlier tentatively approved Pioglitazone Hydrochloride + Metformin Hydrochloride tablets in 15mg (base)/500mg and 15mg (base)/850mg strengths.
Ranbaxy Laboratories said it launched a generic version of Takeda Pharmaceutical Co Ltd' big-selling diabetes drug Actos in the United States.