Bajaj Health has also extended the offer for Pimavanserin to several leading pharma companies to ensure availability in Indian market. The company said it has a 'strong manufacturing expertise' which it aims to leverage.
With momentum building up once again in the primary market, Karunya Rao fills us in on all the things to know regarding the IPO of India Pesticides.
In an exclusive interview with Moneycontrol‘s Malini Bhupta, Lupin‘s CEO Vinita Gupta says the next year will be good thanks to 25 new product launches.
The company expects healthy growth going ahead, according to Ravi Kumar, ED and CFO of Laurus Labs, adding that its total debt post the IPO will stand at Rs 750 crore
Analysts say the company's 26 percent sequential growth in US business was a big positive, and a stock re-rating was on the cards following the improvement visible in its base business.
Sun Pharmaceutical Industries beat street expectations on Friday with a third quarter net profit of Rs 881 crore, up 32 percent year-on-year, helped by strong growth across its businesses, including arm Taro Pharma.
Biocon shares slipped 2% on Thursday after the biotechnology company reported lower-than-expected first quarter earnings. Its quarterly net profit rose 13% to Rs 79 crore, while net sales rose 30% to Rs 571 crore.
Drug maker Lupin is setting up a new formulations manufacturing facility at the special economic zone, Mihan in Nagpur.
Pharma company Lupin's consolidated net profit for the third quarter rose 5% year-on-year at Rs 235.1 crore as strong sales growth was offset by higher tax expenses.
Zydus Cadila has acquired 100% stake in Mumbai-based antibiotics maker Biochem in efforts to boost its formulations business.
With nearly half of total revenues coming from exports, the recent sharp deprecation in rupee spells good news the pharma sector. The rupee has depreciated against the US dollar in recent months. It even breached the 54 mark against the US dollar on Thursday and was trading around Rs 54.18 in afternoon session.
Dinesh Dua, CEO, Nectar Lifesciences in an interview with CNBC-TV18 spoke about the latest happenings in the company and the road ahead.
The board of Piramal Healthcare has approved the demerger of the New Chemical Entity from Piramal Life Sciences and merging it into itself. Shareholders will be issues one share of parent Piramal Healthcare for every four shares of Life Sciences.
In an interview with CNBC-TV18, Dinesh Dua, CEO of Nectar Lifesciences said,"We are looking at about close to Rs 1,300 plus crore topline for the next year."