Sun Pharma's stock is in a rising trend
The pandemic pushes pharma companies to look at drugs that held promise in transitioning to over the counter segment
For the quarter ended June 2020, Sun Pharma reported a surprise loss due to one-time charges.
The report says if chemists are allowed to replace doctor's prescription with a generic drug, firms with high exposure to chronic therapeutic drugs will be impacted more
Sun Pharma's counter has provided a fresh breakout after retesting its rising channel on the daily chart
Leading drug makers Lupin and Sun Pharma are recalling different products in the US, according to the US Food and Drug Administration (USFDA).
Favipiravir has received authorisation from the Drug Controller General of India (DCGI) for emergency use of its product
It's revenue from operations for the quarter under review came in at Rs 185.45 crore, clocking a growth of 970.73 per cent YoY from Rs17.32 crore reported in Q1FY20
Pricing pressure in this category is already visible as Glenmark revised its original price (Rs 103 per tablet) to Rs 79 per tablet within a month of the launch
The company's strategy of developing the Specialty business as an additional growth engine has started delivering, with a gradual ramp up in specialty revenues, Shanghvi said
Margin gains in the June quarter unlikely to sustain
Firm's US revenue dips 33.5%; one-time loss of Rs 3,633 cr pertains to $213.3 mn pzayment by Taro, a Sun Pharma subsidiary, for settlement of anti-trust cases in the US
The company had posted a net profit of Rs 1,387.48 crore for the corresponding period of the previous fiscal, Sun Pharma said in a BSE filing
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Indian company says no approvals are required for the acquisition and it is likely to be completed by July 31
Godrej Consumer's stock has been trading with a corrective bias for the last three weeks
Regulator initiates proceedings for disclosure violations
Economic Affairs Secretary Tarun Bajaj says he is certain that a V-shaped economic recovery will take a year.
Sun Pharma said its American arm Taro Pharmaceutical has resolved all cases involving multi-year investigations by US Department of Justice into the country's generic pharmaceutical industry
Taro Pharma has reached a settlement agreement with the US Department of Justice, Antitrust and Civil divisions to pay more than $200 million to settle the generic drug price fixing allegations