Lupin recalled 26,352 bottles of Rifampin capsules, used in the treatment of tuberculosis
Net Sales are expected to increase by 35.1 percent Y-o-Y (up 33.1 percent Q-o-Q) to Rs 1,195.4 crore, according to Nirmal Bang.
The volumes were also positive as 11 lakh shares changed hands against the one-month daily traded average of 9 lakh
Apart from the drug used as part of the treatment for a type of blood cancer, other medicines going off-patent will boost the prospects of companies like Dr Reddy’s and Cipla, the healthcare analyst at Sanford Bernstein said.
Johnson & Johnson and Momenta Pharmaceuticals lawsuit alleges infringement of two old patents associated with 20mg/ml and 40mg/ml Glatiramer Acetate injection, Natco said in a regulatory filing.
CDSCO is responsible for approval of drugs, conduct of clinical trials, laying down the standards for drugs, control over the quality of imported drugs in the country and coordination of the activities of state drug control organisations.
Net Sales are expected to decrease by 5 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 534 crore, according to Sharekhan.
Net Sales are expected to increase by 20 percent Y-o-Y (down 4.9 percent Q-o-Q) to Rs. 512 crore, according to Sharekhan.
Hindalco | Inox Leisure | Tata Motors | Hero Motocorp | SML Isuzu | Quess Corp and Vakrangee are stocks, which are in news today.
A division bench of the Bombay HC, headed by Justice Oka, refused Bayer‘s plea to place the matter before the court for urgent hearing. In a brief order passed today, the division bench cited several pending cases and disregarded the urgency cited by Bayer.
Asian Paints | Lloyds Steel | 3M India | PNB | IFCI | SAIL | Natco Pharma | M&M and Bharti Airtel are stocks, which are in the news today.
Rigorous research has been the backbone of ICICI Prudential's decisions to go against the mutual fund tide, and emerge successful.
German drugmaker Bayer may be fighting it out in the courtroom to defend its patent rights on cancer drug Nexavar. But out in the market, it's already lost considerable market share to cheaper variants from Cipla and Natco.
CNBC-TV18's Archana Shukla reports that India's grant of a compulsory licence to Natco for Bayer's kidney-cancer drug Nexavar has sent shockwaves across the globe
By granting compulsory license to Natco for Bayer's kidney cancer drug Nexavar, the Indian government has opened a legal can of worms, reports CNBC-TV18's Archana Shukla.
Compulsory license granted to Natco has left the Indian pharma industry with a hard choice to make - cut prices, or quit selling the drug. To counter this drug-makers are changing strategies, reports CNBC-TV18's Archana Shukla.
By: Rahul Dhote & Mita Sheikh, Krishna & Saurastri
Gitanjali Gems | Natco | TIL | GVK | Reliance Infrastructure | TCS | Mahindra Composites | Gujarat Pipavav | Punj Lloyd | SAIL and M&M are stocks, which are in the news today.