As of August 2023, over 5,000 Apollo Pharmacy outlets across India have begun retailing Mamaearth's products, offering enhanced accessibility to consumers nationwide.
Margin improvement continued in the mature hospitals division, but Apollo 24/7’s operating cost weighed on EBITDA
SES concerns pertain to conflict of interest in the related-party transaction, valuation discovery, and interests of minority shareholders.
Drugs consumed for chronic ailments like diabetes, blood pressure and hypertension will account for around 50 percent of it. Earlier this month, Nedmeds' promoter along with MAPE Advisory Group had invested Rs 30 crore in NetMeds Marketplace which owns the online pharmacy.
Bangalore-based Medicash uses performance marketing with healthcare partners to offer discounts on medicines, surgical procedures
A week after issuing “cautionary advisory†against drugs made by Ranbaxy Laboratories, leading pharmacy chain Apollo Pharmacy on Thursday said it has resolved the matter and will continue to sell the drug maker‘s medicines from its outlets across the country.
SP Tulsian of sptulsian.com feels it is better if one takes a trading position in spite of having positive view on the pharma, one should remain away from the stock.
Ranbaxy's troubles, that began since it pleaded guilty to felony charges in the US related to manufacturing at two of its plants, don't seem to be going away any time soon.
Apollo'ss medical committee reviewed the matter and recommended that the pharmacy should temporarily halt sale of Ranbaxy drugs, according to a report.