India business has been soft given the realignment of the sales channel
In a regulatory filing, Cipla said 99.68% shareholders polled in favour of the resolution to raise funds
Profitability though got a boost with higher contribution from limited competition products in the US
The drug maker had set up a separate company with private equity investment in FY2016 to tap the fast growing over the counter medicine portfolio
Besides captive consumption, the company also supplies APIs to external customers across international markets
Cipla is the first company in the Asia Pacific to upgrade to a cloud-based pharmacovigilance solution
In India, the company said it will focus on therapeutic segments like diabetes, dermatology, cardiology and women's health
Cipla said the approved product is a generic therapeutic equivalent version of Pfizer's Lyrica
The JV will set up a manufacturing facility of respiratory products; the plant is expected to be commissioned in 2020
Total revenue from operations for the last fiscal stood at Rs 16,362.41 crore. It was Rs 15,219.25 crore in the preceding financial year
Higher competitive intensity, increasing investments, and moderate growth could weigh on returns
Preliminary injunction is a court order made in the early stages of a lawsuit that prohibits the parties from doing an act in order
Despite strong domestic growth and improving US prospects, analysts remain sceptical on improvement in profitability in the near-term
We launched the campaign with hoardings showing stark shots of the most polluted places in Delhi, along with a simple message, urging the audience to act quickly before it's too late
As per the latest Enforcement Report by the USFDA, the reason for the recall of the bottles is 'failed dissolution specifications'
Acquisition to help the company build a specialty pipeline in the US
The approved products is a generic therapeutic equivalent version of Roche's Valcyte
At NSE, shares of the company dropped 5.87% to close at Rs 529.95
The stock was down 5% at Rs 534, trading at its lowest level since June 6, 2018 on the BSE.
Company cautious on prospects, given supply disruptions & commodity inflation, among others