At close, the Nifty Pharma index was lower by 2.14 percent and 5.2 percent for the week, with most constituents in the red.
Malladi Drugs raised Rs 250 crore from healthcare and pharma focused private equity fund InvAscent. The PE fund holds around 22-23% stake in the company
For Moneycontrol Pro Panorama September 16 edition: Indian markets could be overestimating US Fed rate cut impact, equity tag for REITs a step towards global best practices, transformation of digital revolution and the road ahead, India’s growing influence in global diplomacy, and more
NPPA directs firms to issue revised price lists instead of recalling stock; compliance to be ensured at retailer level
Rates have been pruned for drugs used in chronic diseases as also medical devices and hospital chains
Labour-intensive exports to the US are expected to take the hardest hit as these sectors will face a rate of more than 50 percent given that Trump’s reciprocal tariffs are over and above the most favoured nation (MFN) duties in place.
India's duties on chemicals and pharmaceuticals are mostly in the range of 0-10 percent, with many pharmaceuticals at zero tariffs.
Sun Pharma’s top line growth is steady. Innovative medicines to act as growth tonic, as the US generics business remains soft. The stock valuation is justified.
Drugmaker struggled to adapt to very high demand and a market where celebrities are more influential than doctors
The company has a CDMO pipeline of 90+ human health projects, wherein 15 products are commercialised, targeting APIs and intermediates
Reduced contribution of Revlimid is likely to get offset by new products
Cipla is expected to post muted profit growth for Q1FY26 despite steady revenue momentum, with US sales remaining flat and margin pressure weighing on the bottom line.
Brokerages expect steady revenue growth for Dr Reddy’s in Q1FY26, but caution that US price erosion and product mix could weigh on margins and bottomline.
Net Sales are expected to increase by 5.2 percent Y-o-Y (up 7.7 percent Q-o-Q) to Rs 13,628.1 crore, according to ICICI Securities.
Net Sales are expected to decrease by 34.3 percent Y-o-Y (up 13.2 percent Q-o-Q) to Rs 552.4 crore, according to ICICI Securities.
Net Sales are expected to decrease by 9.8 percent Y-o-Y (up 16.1 percent Q-o-Q) to Rs 3,984.5 crore, according to ICICI Securities.
Net Sales are expected to increase by 1.8 percent Y-o-Y (up 2.3 percent Q-o-Q) to Rs 6,848.5 crore, according to ICICI Securities.
The pharma sector will be in focus on July 16, after Donald Trump said that pharmaceuticals tariffs would be implemented soon.
If the drug succeeds, Glenmark could be staring at a royalty stream larger than its current EBITDA.
Many drugs with large market potential are expected to lose exclusivity in the next couple of years
In FY25 alone, the cash pile increased by over Rs 10,200 crore, underscoring a decisive shift in the capital allocation priorities of India’s drugmakers
Hyderabad-based Mapmygenome’s acquisition of Canada’s Microbiome Insights marks a critical moment in healthcare. It provides a platform to marry modern science with the wisdom and insight of Ayurveda. That, in turn, will allow India to lead a transformation in global healthcare
The fundamentals of the company should be judged based on the specialty pipeline and a strong footing in the domestic market
Pharma stocks appear to be recalibrating, while in their current phase, they are reflecting 'consolidation'. Meanwhile, analysts suggest the sector’s earnings visibility remains clouded.
Traction in private label business has infused positive momentum into MedPlus’s stock