NEWS ON HEALTH CARE
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July 13, 2020, Monday
Stock picks by Vaishali Parekh: Buy Hindustan Unilever, Divis Labs
The stock of Divis Labs has witnessed some correction and has showed signs of bottoming out near 2140 levels. The RSI is showing a trend ...
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July 13, 2020, Monday
Nifty likely to clear the hurdle of 10,850 very soon: Sameet Chavan
The index may see some profit-booking once it reaches the 78.6 per cent retracement zone of the entire fall i.e. 11,000-11,200 levels
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July 12, 2020, Sunday
Alembic Pharma sees domestic business growing in double digits this fiscal
Strong brand recall, an efficient sales force, a growing network of supportive doctors and timely product launches are the key catalysts for ...
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July 11, 2020, Saturday
Biocon's drug Itolizumab gets regulator nod to treat Covid-19 patients
The drug which has got approval to treat moderate to severe Covid complications will be manufactured as an intravenous injection at Biocon's ...
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July 11, 2020, Saturday
Drug controller approves Biocon's psoriasis drug for emergency Covid-19 use
The firm presented the phase II clinical trial results to the drug regulator which were deliberated upon by the Subject Expert Committee of the ...
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July 10, 2020, Friday
This pharma stock zooms over 100% in 18 trading days
The stock hit a new high of Rs 723 during the day, up 16 per cent.
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July 10, 2020, Friday
Natco Pharma's Canadian unit, Celgene sign pact for cancer treatment drug
Lenalidomide drug is used to treat various types of cancers by slowing or stopping the growth of aberrant cells
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July 10, 2020, Friday
Pharma shares gain; Biocon, Granules hit record highs, Sun Pharma up 3%
At 10:27 am, Nifty Pharma index was up 1.5 per cent, as compared to 0.22 per cent decline in the benchmark Nifty50 index
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July 10, 2020, Friday
Overall fall in volatility giving comfort to the bulls: Nilesh Jain
The volatility index, IndiaVIX, fell by 5 per cent and ended at a 4-month low of 24.75 levels on Thursday
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July 09, 2020, Thursday
Granules India surges 7%, hits record high on heavy volumes
The trading volumes on the counter more-than-doubled with a combined 6.6 million shares changing hands on the NSE and BSE till 02:43 pm
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July 08, 2020, Wednesday
Cipla set to undercut rivals with low-priced generic remdesivir: Report
The drug will be available through the government and hospitals only, the company said
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July 08, 2020, Wednesday
Jubilant Life: New Covid drug, value unlocking potential to lead to upside
Life sciences, pharma segments offer investors value-unlocking opportunities
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July 08, 2020, Wednesday
IOL Chemicals soars 7%, hits new high on rating upgrade by CARE Ratings
The stock has zoomed 302 per cent from its 52-week low of Rs 147 touched on March 25, 2020.
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July 07, 2020, Tuesday
Defensive traders should refrain from aggressive bets on Nifty: Nilesh Jain
The overall fall in volatility is hinting at no major move in the short-term
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July 06, 2020, Monday
Mylan gets DGCI nod, to launch generic remdesivir at Rs 4,800 per vial
Mylan's version comes after two Indian drugmakers, Cipla Ltd and privately-held Hetero Labs Ltd, launched their generic versions of the drug
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July 03, 2020, Friday
Apollo Hospitals mulls setting up Proton Cancer Centre in Mumbai and Delhi
The company has already set up one such facility at Chennai at an investment of around Rs 1,300 crore, and may be looking at roping investors to ...
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July 03, 2020, Friday
Opto Circuits locked in 5% lower circuit after zooming 1250% in 66 days
The stock is trading under Trade to Trade (T2T) segment or 'T' group
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July 03, 2020, Friday
JB Chemicals gains 4%, nears 52-wk high as PE firm KKR to acquire 54% stake
After this transaction, an open offer will be launched to acquire 20.93 million fully paid-up equity shares of JB Chemicals, representing 26 per ...
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July 03, 2020, Friday
Cadila gains 5% on DGCI nod for clinical trials of Covid-19 vaccine
The company has completed preclinical development and plans to begin the trials in July 2020
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July 03, 2020, Friday
MARKET WRAP: Sensex settles 178 pts higher; defense stocks rally up to 12%
All that happened in the markets today
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July 02, 2020, Thursday
Biocon to invest $200 million on capital expenditure in current fiscal
Biocon CEO and Managing Director Siddharth Mittal said the investment would be split across small molecules and biosimilar verticals
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July 02, 2020, Thursday
Pfizer up 8.5%; parent firm's potential Covid-19 drug shows positive result
Pfizer and Germany's BioNTech are in a race with companies including AstraZeneca Plc, Moderna Inc. to come up with a safe and effective vaccine ...
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July 02, 2020, Thursday
Indices gain for 2nd day in a row, Sensex up 429 pts; India VIX drops 6%
All that happened in the markets today
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July 01, 2020, Wednesday
DRL to launch innovator brand of favipiravir, is silent on pricing
Ties up with Fujifilm for exclusive rights over Avigan for Indian market, can sell overseas too
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July 01, 2020, Wednesday
Abbott India, Pfizer, L&T Infotech: 11 stocks that may enter F&O segment
The eligibility of stock inclusion in the derivatives / F&O segment is based on the criteria laid down by market regulator Sebi.
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July 01, 2020, Wednesday
Covid-19 treatment: Dr Reddy's partners with Fujifilm, GRA for favipiravir
Dr Reddy's will herewith establish a setup for manufacturing drugs of the same quality as Avigan, and utilize GRA's global sales network to ...
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July 01, 2020, Wednesday
Glenmark Pharma falls for second straight day; stock down 8% in 2 days
With the past two day's decline, the share price of Glenmark Pharma has corrected 25 per cent from its 52-week high of Rs 573 touched on June ...
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June 29, 2020, Monday
Sun Pharma to launch its first innovative product for psoriasis in Japan
Nod for Ilumya, a specialty product, would strengthen firm's dermatology portfolio in Japan, but analysts caution that the segment has been ...
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June 28, 2020, Sunday
Apollo Hospitals to rope in partner for photon therapy cancer centre
Equity infusion peged at Rs 350 crore; total capex of Rs 1,000 crore; entire business to be transferred to SPV
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June 28, 2020, Sunday
Dr Reddy's Lab expects to launch 25 products in US this fiscal year
The drug major has also earmarked a capital expenditure (capex) of Rs 1,000 crore for finding various projects during the ongoing financial year
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June 27, 2020, Saturday
Piramal sells 20% in pharmaceutical business to Carlyle for $490 mn
Carlyle will pick up a 20 per cent stake for $490 million or around Rs 3,700 crore in the pharma subsidiary called Piramal Pharma Ltd
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June 26, 2020, Friday
HUL completes acquisition of hygiene brand VWash from Glenmark Pharma
HUL said that it has acquired the intellectual property rights including trademarks, design, and knowhow related to the VWash brand worldwide
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June 26, 2020, Friday
Aarti Drugs hits fresh all-time high; stock zooms 165% in 3 months
According to analysts at Centrum Broking, the launch of new products would improve the company's margins in the coming quarters
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June 26, 2020, Friday
Stocks to watch: ITC, Ashok Leyland, RIL, CIL, Glenmark Pharma, BOI, CONCOR
Here's a look at the stocks that may remain in focus today
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June 26, 2020, Friday
MARKET WRAP: IT stocks, HDFC Bank, RIL help Sensex settle 329 pts higher
All that happened in the markets today
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June 25, 2020, Thursday
India's coronavirus drug market set for price war as firms ready launches
Sources say Cipla-BDR's favipiravir will be at least 30 per cent cheaper than Glenmark's price of Rs 103 per tablet. Cipla did not confirm.
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June 25, 2020, Thursday
Apollo Hospital reports PBT of Rs 263.64 cr in Q4, revenues grew 19%
Prathap C Reddy, Chairman, Apollo Hospitals said,2020-21 would be challenging due to the effect of the Covid-19 pandemic.
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June 25, 2020, Thursday
Aurobindo Pharma developing products to expand portfolio in US, EU markets
Currently, five products are under development, out of which the first two products would be filed towards the end of this year or early next ...
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June 25, 2020, Thursday
IOL Chemicals hits fresh all-time high in weak market; surges 20% in 3 days
In the past three months, the stock has zoomed 180 per cent as against 21 per cent rise in the benchmark S&P BSE Sensex.
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June 25, 2020, Thursday
F&O expiry: Mkts end flat after a choppy session; Nifty settles at 10,289
All that happened in the markets today
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June 24, 2020, Wednesday
Sun Pharma's diabetes NCE show promise; to go into phase 1 trials in Q3
The stock prices, however, dropped by 3.3 per cent on the BSE at the end of day's trade
