Pharmaceutical Sector News

Industry

Specialty chemical firms pivot to pharma

Specialty chemical firms, which were eyeing the intermediates business for the past few years, received a boost from the pandemic and the focus on localizing pharmaceutical supply chains

2 min read8 Sep 2020
Markets

As pharma valuations rise, volume slowdown becomes a concern

Indian pharma market growth slowed in April-May, due to lower number of drug prescriptions

2 min read14 Jun 2020
Companies

USFDA finishes inspection at Alembic Pharma’s Panelav plant, shares rise on BSE

The shares of Alembic Pharma were trading at ₹517 on the Bombay Stock Exchange (BSE), up 2.59%, from the previous close

1 min read24 Apr 2018
Companies

Alkem 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 2018
Politics

Assam for tweaking investment policy for pharma industry

Assam health minister Himanta Biswa Sarma said the government is ready to tweak its investment policies to attract the pharmaceutical sector for setting up units in the state

1 min read4 Feb 2018
Home-page

Aurobindo Pharma Q2 profit rises 29%, beats estimates

Aurobindo Pharma net profit after taxes and non-controlling interest was Rs781 crore in the second quarter ended 30 September, compared with Rs606 crore a year earlier

1 min read10 Nov 2017
Companies

Opioid billionaire John Kapoor’s indictment opens new window on epidemic

Insys Therapeutics founder John Kapoor became the highest-ranking pharma executive to be accused of an opioid-related crime

4 min read27 Oct 2017
Companies

Cheap drugs pay for Aurobindo Pharma as USFDA approvals surge

Aurobindo Pharma has not only had more products approved for sale by the US FDA than its largest Indian peers, but the number has often totaled more than that of its biggest 3 local rivals combined

3 min read26 Sep 2017
Industry

Zydus Cadila gets USFDA nod for ezetimibe tablets

Ezetimibe is a drug used to reduce high cholesterol levels and will be produced at the group's formulations manufacturing facility at Moraiya, Ahmedabad

1 min read13 Jul 2017
Market

Divis stock jumps 6% on USFDA import alert relief

The Divis stock went up by 5.57% to end at Rs657.15 on BSE, while on NSE, shares of the company soared 5.79% to close at Rs658.10

1 min read10 Apr 2017
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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

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