Page 11 - Pharma Sector

Govt's crucial move towards nursing 5 sectors back to health amid lockdown

These five sectors are textiles, chemicals, electronics, steel and pharmaceutical

Covid-19: India partially lifts ban on export of paracetamol and HCQ

HCQ is the same drug that US President Donald Trump had sought from India and warned of retaliation if India did not supply the drug

Aurobindo terminates $900-million Sandoz product acquistion deal

A mutual decision to cancel the agreement was taken as approval from US Federal Trade Commission was not obtained within anticipated timelines

Pharma major Cipla gets USFDA nod for generic oral acid reflux drug

According to IQVIA, Nexium and its generic equivalents had US sales of around $70 million for the 12 months ended November 2019

Indian Pharmaceutical Alliance says it is committed to help fight Covid-19

Towards this, the alliance and its members are working with the governments and other public agencies, pharma industry associations and all other key stakeholders, it said in a statement

Ipca Labs, Lupin: Pharma stocks show healthy trend, bottom could be near

Whenever the Nifty pharma index has dipped below oversold territory on the Relative Strength Index (RSI), it has seen a stable rise.

Accord Group enters pharma business, targets sales in 18 states

The company has invested around Rs 600 crore into a manufacturing facility in Chennai and plans to invest around Rs 1,500 crore by March 2022, for R&D, acquisitions and others as part of expansion

Crude to snuff gains from weak rupee, muted global demand to hurt exports

Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited

Europe 'panicking' over India's pharma export curbs: Industry body

India's list of restricted medicines account for 10 per cent of its total pharmaceutical exports and includes several antibiotics, as well as Paracetamol

Pharma group seeks relaxation of export restrictions for committed orders

Bhaskar explained that some of the orders for institutional supplies mandate the supply of all items committed in their contracts.

India stocks up for Coronavirus, restricts exports of 26 pharma ingredients

Coronavirus in India: The government said on Tuesday it had detected "high viral load" in six people who had been in contact with a patient who contracted the coronavirus in the capital New Delhi.

Coronavirus: Govt restricts exports of 26 active pharma drugs, formulations

India on Monday reported two new cases of the novel coronavirus, including one from the national capital. The outbreak has killed more than 3,000 people globally

Will double turnover with anti-diabetic bet, says Boehringer Ingelheim

Boehringer has expanded its field force to 570 representatives to boost their diabetes medicine sales that contributes nearly 75 per cent of the company's turnover

USFDA warnings: Concerns remain even as India fares better than US

According to the USFDA, India accounted for nearly 18 per cent of the active pharmaceutical ingredients (APIs) sourced by the US, while China accounted for 13 per cent

Coronavirus-induced lockdown in China can put the brakes on pharma funds

Money managers say domestic API manufacturers can stall impact from Chinese lockdown

TCS bags $1.5-bn contract from US drug firm Walgreens Boots Alliance

The expansion of WBA and TCS strategic partnership is based on WBA's review of its IT operating model and vendor landscape

Drugmakers slash prices to be eligible for China's bulk-buy program

Sale prices of over 100 types of commonly used drugs are on average about 17 to 18 times of their manufacturing costs, the statement said

Pharma chemical from China and Saudi Arabia faces anti-dumping duty

The company has filed an application before the directorate for investigation into the imports from these countries for imposing anti-dumping duty

USFDA classifies inspection of Lupin unit as 'Official Action Indicated'

Official Action Indicated means 'objectionable conditions were found and regulatory administrative sanctions by FDA are indicated' during inspections

20 key industrial, political and economic developments to expect in 2020

Where is the Sensex headed? will the economy turn around? what about sectors like auto, pharma, consumer goods and infra? Business Standard tells you what to expect in the new year