Page 10 - Pharma Sector
Glenmark Pharma gets USFDA nod for drug to treat multiple sclerosis
The capsules are used in the treatment of adult patients with relapsing forms of multiple sclerosis
 "Glenmark Pharma gets USFDA nod for drug to treat multiple sclerosis")
AstraZeneca Covid-19 vaccine to be shared across Europe, says France
The Netherlands also made clear on Monday that the vaccines would be available to all EU countries that sign up to the scheme after Belgium criticised the deal
 "AstraZeneca Covid-19 vaccine to be shared across Europe, says France")
With little access to doctors, drug firms go digital to stay relevant
The rise of e-pharmacies and tele-consultations during Covid-19 has made it easier for healthcare companies to access patient pools
 "With little access to doctors, drug firms go digital to stay relevant")
Dr Reddy's inks pact with Gilead to manufacture, market Remdesivir in India
Dr Reddy's would need to scale up manufacturing and obtain regulatory approval for marketing of this drug in respective countries, the company said
 "Dr Reddy's inks pact with Gilead to manufacture, market Remdesivir in India")
AstraZeneca, Gilead merger likely to hit political, strategic hurdles
Political opposition from both the UK and the US could derail any attempt at a deal, especially given the backdrop of the Covid-19 outbreak, Citigroup said
 "AstraZeneca, Gilead merger likely to hit political, strategic hurdles")
Hyderabad's Raghav Life Sciences develops Favipiravir for Covid-19 patients
Firm says it has been in talks with at least eight buyers, including a few overseas companies, to supply the anti-retroviral drug
 "Hyderabad's Raghav Life Sciences develops Favipiravir for Covid-19 patients")
Aurobindo Pharma Q4 PBT rises 32% to Rs1077.51 cr over higher revenue
Revenues from operations for the quarter under review registered 16.4% growth at Rs 6158.43 crore as compared to Rs 5324.47 crore in the year ago period
 "Aurobindo Pharma Q4 PBT rises 32% to Rs1077.51 cr over higher revenue")
Huge scope for Indian pharma as FDA eases drug scrutiny over shortage in US
Injectibles account for 60% of crunch; most plants under American regulator's lens the past two months have now received positive outcomes
 "Huge scope for Indian pharma as FDA eases drug scrutiny over shortage in US")
Pharma traders protest govt's move to add e-pharmacy links to Aarogya Setu
The organisation today alleged that the NITI Aayog has added links to four e-pharmacy players
 "Pharma traders protest govt's move to add e-pharmacy links to Aarogya Setu")
Indian drug makers gear up to make Gilead's remdesivir for Covid-19 therapy
Domestic players will be free to price it; Dutch firm Mylan also to make the drug in India; no royalty for Gilead as yet
 "Indian drug makers gear up to make Gilead's remdesivir for Covid-19 therapy")
Price drives Indian pharmaceutical market growth to five-year high in FY20
Ipca's Zerodol brand and its multiple variants used in treating pain and inflammation are an example of how this trend is playing out
 "Price drives Indian pharmaceutical market growth to five-year high in FY20")
Industry in Ahmedabad face first day jitters of complete lockdown
The first day impact has been more on the pharma especially in the wake of 26 workers at Cadila Pharmaceuticals Ltd.'s facility in Ahmedabad testing positive for COVID-19
 "Industry in Ahmedabad face first day jitters of complete lockdown")
Letter to BS: Pharma industry, pharmacists also deserve appreciation
India has the potential to develop an antidote to Covid-19
Markets at inflexion point; analysts bullish on consumer, telecom, pharma
The recovery seen in the markets from their March 2020 lows has been quite sharp, with the S&P BSE Sensex and the Nifty50 indices gaining 27.61 per cent and 27.18 per cent, respectively since then
 "Markets at inflexion point; analysts bullish on consumer, telecom, pharma")
Diversified model, US outlook to help Dr Reddy's stock trade better
The company has multiple growth engines given its focus on India/emerging markets and limited competition products in the US
 "Diversified model, US outlook to help Dr Reddy's stock trade better")
Pharma traders seek IT rule exemption as retailers pay stockists in cash
They fear scrutiny by tax authorities at a later date, assure that the relaxation will not be misused
Pharma shares rally; Alembic, Sun Pharma, Laurus Labs hit 52-wk highs
Strides Pharma Science, Alkem Laboratories, Ajanta Pharma, Lupin, Ipca Laboratories, Jubilant Life Sciences and FDC were up in the range of 5 per cent to 10 per cent on the BSE
Pharma traders oppose Medlife-Uber partnership to deliver medicines
Uber, in a press release, had said that the partnership was aimed at ensuring that essential needs are fulfilled right in the safety of customers' homes
 "Pharma traders oppose Medlife-Uber partnership to deliver medicines")
From pharmaceuticals to aviation: The impact of coronavirus crisis
Indian airline operators and airports have been the first and the most adversely affected sector.
 "From pharmaceuticals to aviation: The impact of coronavirus crisis")
Covid-19 impact: Pharma players join hands to ensure smooth production
Combined capacity utilisation at all-India level is 60-70% - higher than in most other industries
 "Covid-19 impact: Pharma players join hands to ensure smooth production")
