E-PaperAlkem News
Alkem Laboratories share price rallies over 11% in two days after Q2 results beat estimates; brokerages raise target
Alkem Laboratories delivered a strong beat on Q2FY24 earnings. An improved performance in the US generics and moderating raw material costs led the sharp improvement in operating margins for the quarter, said brokerage firm Motilal Oswal Financial Services.
3 min read8 Nov 2023Large cap pharma stock declares ₹10 per share dividend, LIC held 3.94% stake in Q4
Alkem Laboratories is a large cap pharma company that has announced its Q4 and FY23 results along with a dividend for its eligible shareholders.
2 min read19 May 2023Pee Safe raises ₹30 crore in Series A funding led by Alkemi Growth Capital
The brand has launched its products in the subcontinent and plans to expand its reach globally in the next five yearsPee Safe will use the capital to strengthen its R&D, product development and others
1 min read23 Oct 2019USFDA closes inspection of Alkem’s St Louis manufacturing facility
Alkem's St Louis facility was inspected by the USFDA from 12 March 2018 to 16 March 2018
1 min read4 Dec 2018Alkem Labs gets 14 USFDA observations for two units, shares fall 11%
Alkem Laboratories shares decline 11% after the company said the USFDA issued 14 observations for objectionable conditions at its manufacturing units
1 min read28 Mar 2018Expert committee set up to review 344 banned FDC drugs
The panel will review the safety, efficacy and therapeutic justification of these fixed dose combination (FDC) drugs before recommending any action
2 min read15 Feb 2018Alkem Laboratories gets EIR report from USFDA, shares rise 6%
Alkem Laboratories says it has received an establishment inspection report from the USFDA on closure of inspection of its Baddi facility in Himachal Pradesh
1 min read10 Jan 2018Family-owned drug factories in India erode US generic prices
Expansion by Indian pharma firms is boosting competition in the US, where mergers and pricing wars among drugmakers had already been driving down cost of generics
4 min read31 Aug 2017Pharma firms may report up to 12% drop in domestic sales in Q1
Pharma companies are likely to report up to 12% decline in domestic sales in June quarter on account of de-stocking ahead of GST implementation, say analysts
2 min read20 Jul 2017Pharma firms get NPPA notice for violating pricing norms for combination drugs
Sun Pharma, Abbott, Alkem Labs, Cadila Healthcare among those told to submit all details of combination drugs, along with reasons for non-compliance with drug pricing norms
2 min read18 May 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared