Pharmacy Business

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Apollo Hospitals to add 600 beds in three quarters

Margins of the pharmacy business that contributes 30 percent to total volumes improved by 0.1%, said Suneeta Reddy of Apollo Hospitals.
See higher growth; plan to add 950 beds in 18 mths: Apollo

Apollo Hospitals expects growth to pick up in the medium-term after sales fell due to extensive holidays during the quarter. Joint MD Suneeta Reddy adds that the healthcare major plans to add another 950 beds in next 18 months
Natco Pharma to sell US pharma biz when opportunity knocks

Bhaskar Narayana, Finance Director & CFO, Natco Pharma said that he no longer sees synergies with SaveMart Pharmacy existing. The revenue being generated from SaveMart Pharmacy is USD 18 million.
Pharmacy business has been EBITDA positive: Apollo Hosp

Apollo Hospital has reported a net profit of Rs 45.8 crore for the quarter ended December 2010 as against Rs 43.9 crore in same quarter, the previous year. The net sales jumped to Rs 600.9 crore from Rs 480.9 crore (YoY).

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Pharmacy Business

Apollo Hospitals to add 600 beds in three quarters

See higher growth; plan to add 950 beds in 18 mths: Apollo

Natco Pharma to sell US pharma biz when opportunity knocks

Pharmacy business has been EBITDA positive: Apollo Hosp