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The stock gained 9 per cent in two days after the pharma company reported better-than-expected revenue growth in March quarter (Q4FY22).
Alembic Pharmaceuticals said it has received approval from the US health regulator to market Pirfenidone tablets used to treat lung disease in the American market.
Plant's OAI status is unchanged, hinting at status quo; Sun Pharma says will respond to observations within 15 days
The centre integrates two essential functions under the export-oriented undertaking of Pfizer: Pharmaceutical Sciences (PharmSci) and Global Technology and Engineering (GT&E) Centre of Excellence.
Cadila Healthcare Chairman Pankaj Patel said the market can grow when there is overall growth
Union Minister for Chemicals and Fertilizers Mansukh Mandaviya on Thursday said that the government wants to reduce the compliance-burden on the pharma industry for ease of doing business.
The average increase in prices was 3.1 per cent in the past five years.
There would be a general rise in demand for chronic medicines as consumers would stock up ahead of a price rise
The recent price hike, analysts said, brings some respite for the industry facing multiple headwinds such as steep raw inflation, price erosion in the US market and higher freight costs.
Biological E Ltd on Wednesday expressed confidence over getting emergency use authorisation for use of its Corbevax anti-COVID vaccine in children in the age group of 5-12 years.
The government has earmarked Rs 500 crore for a scheme to provide support to the existing pharma clusters and MSMEs across the country to improve their productivity and sustainability
Drug firm Lupin on Friday said it has received approval from the US health regulator to market its anti-epilepsy drug Vigabatrin for Oral Solution in the American market.
CLOSING BELL: Sectorally, only the Nifty IT index eked out gain on the NSE, rising 0.14 per cent
Drug maker Lupin on Tuesday said it has launched Sevelamer Hydrochloride tablets (800 mg), used to treat hyperphosphatemia in patients with chronic kidney disease, in the US market
'As India becomes an increasingly more important component for the global supply chain, that should benefit the industry going forward,' Sun Pharma Managing Director Dilip Shanghvi said
So far 55 drug manufacturers have been selected under the PLI scheme for pharma.
Surging healthcare spending and demand for Covid tests led to multifold share-price gains for pathology firms globally during the pandemic
The Hyderabad-based company had reported a net profit of Rs 63.4 crore in the October-December period of previous fiscal
The increase in foreign investment in the pharma sector in 2020-21 is mainly on account of investments to meet Covid-19-related demands for therapeutics and vaccines, according to the Economic Survey
A new study has found the drugs behind the new pills to treat COVID-19 remain very effective against the Omicron variant of the virus in lab tests.