Jun 25, 2021 06:48 PM IST
Docon Technologies Pvt Ltd, a 100 percent subsidiary of PharmEasy's parent firm API, will be the acquirer and shall make an open offer for an additional 26 percent stake.
- May 25, 2017 04:34 PM IST
The recent set of results highlights the ills of the sector. Pharmaceutical companies are having a tough time with the US authorities pulling them up regularly for irregularities at one end, while on the other hand the companies are taking a hit on the revenue front at the international and domestic front.
- May 02, 2017 03:08 PM IST
There is a lot of newsflow in pharmaceutical sector with regards to US-FDA. Watch accompanying video of CNBC-TV18's Ekta Batra for more details.
- Feb 01, 2017 01:30 PM IST
These rules will be internationally harmonised and attract investments into this sector. This will reduce the cost of such devices," Finance Minister Arun Jaitley said.
- Jun 06, 2016 07:28 AM IST
"There is no one model that suits all. We have health services which are solely by the government, by the private sector and those which are a mix of the public and the private sector.
- May 17, 2016 07:54 PM IST
The pharmaceutical sector is heading for a tough time as exports growth in formulations (in US dollar terms) is expected to almost halve to 10-12 percent
annually over the next five years, a report said.
- Feb 24, 2016 07:50 AM IST
India's USD 15 billion pharmaceutical industry, an increasingly important global supplier of cheaper generic medicines, has been dogged by concerns over quality issues after the US Food and Drug Administration banned a series of factories from producing medicines for the United States due to inadequate standards.
- Oct 18, 2015 05:42 PM IST
The anti-trust regulator is planning the study to understand whether there are unfair practices in this sector as part of larger efforts to clamp down on anti-competitive business practices and has also passed many orders in this regard.
- Sep 09, 2015 10:25 PM IST
Sitharaman said India believes that there should be free trade "but is it just India which is questioned on free trade. I would like to know how many countries actually completely follow the principles of free trade".
- Aug 18, 2015 10:33 PM IST
The exports situation and other issues in pharmaceutical sector were discussed during a meeting convened by Commerce and Industry Minister Nirmala Sitharaman.
- Aug 06, 2015 11:27 AM IST
Ravi Kannan, CEO of Snowman Logistics says the company has added more than 150 refrigeration trucks and will require two quarters to get the optimum utilisation of over 95 percent.
- Feb 14, 2014 12:54 PM IST
Hiren Ved, Director & CIO, Alchemy Capital Management says he doesn‘t look at pharmaceutical as defensive or non defensive. He says the sector is doing extremely well and growth will continue irrespective. It is not as if the new government comes and the pharma sector will have no scope for growth and appreciation
- Oct 07, 2013 05:42 PM IST
Jubilant Life Sciences says that the 30 percent transfer of its pharma business to the Singapore subsidiary was done as a part of its process to list internationally.
- Jul 04, 2013 10:58 PM IST
The finance ministry may defer 10 proposals for FDI in pharmaceutical sector that are listed to be taken up at the FIPB (Foreign Investment Promotion Board) meeting on Friday, as the government is yet to review foreign investment policy in existing Indian drug companies.
- Jun 19, 2013 03:51 PM IST
EU antitrust regulators fined nine drugmakers a total of 146 million euros on Wednesday for blocking the supply of cheaper medicines on the market, with a penalty of 94 million euros imposed on Denmark's Lundbeck .
- Jun 18, 2013 08:32 PM IST
Shasun Pharma's shares fell 8 percent on the back of the company's operations at its Puducherry plant being affected by the strike called by the workers. The stock fell 13.14 percent to 52-week low of Rs 55.50 in intra-day trade on the BSE.
- Jun 10, 2013 08:04 PM IST
Dipan Mehta, member, BSE & NSE says, in an interview to CNBC-TV18, that the market will shift focus from rate-sensitives to exports and advises investors to bet on IT and pharma.
- May 24, 2013 08:53 PM IST
Dipan Mehta, Member BSE and NSE told CNBC-TV18 that investors are better off just in a wait and watch more until the overseas problem is not resolved.
- Sep 03, 2012 02:42 PM IST
UR Associates has come out with its report on pharmaceutical sector. According to the research firm, domestic pharma companies need to target key fast growing pharmerging markets of Japan, Russia and Brazil, and focus on biologics as a strategy of future growth.
- May 10, 2012 10:18 PM IST
An inter-ministerial group for the pharmaceutical sector is likely to be set up the government with the intention of focusing on formulating new conditions for FIPB clearance.
- Jan 10, 2012 06:34 PM IST
Emkay Global Financial Services has come with its December quarterly earning estimates for pharmaceutical sector. According to the research firm the sector is expected to report a growth of 18% YoY (5% QoQ) in revenues partly driven by Rupee depreciation which is likely to be 4-5% of the overall growth.
- Nov 18, 2011 02:09 PM IST
As the India currency is on a downward drive, any hopes of investors coming back can possibly be done away with. In an interview to CNBC-TV18, Mark Konyn of RCM shares that investors are pulling back from particularly those economies that see a little bit stress, due to domestic inflationary problems or any other growth concerns.
- Nov 09, 2011 02:00 PM IST
Nitin Raheja of Rada Advisors is neutral or rather marginally underweight on the pharmaceutical sector now. Shifting focus to the banking sector, Raheja indicated that he continue to like the faster growing private sector banks. He also stated that the State Bank of India (SBI) second quarter numbers have been very disappointing.
- Oct 10, 2011 10:34 PM IST
Arun Maira, Member of the Planning Commission is in complete agreement that the pharma sector needs higher analysis.
- Oct 10, 2011 09:23 PM IST
The government today decided to put a filter into foreign direct investment in the
pharmaceutical sector following concerns that drug prices will rise in the backdrop of several domestic firms being taken over by the multi-national companies.