The report, however, did not mention the quantity of the product
Cipla's relatively late entry into the US market is proving a blessing
The stock moved higher to Rs 558, bouncing back 7% from its early morning low of Rs 523 on the BSE.
Companies to focus on complex products as tough competition in generics, customer consolidation impact profits
The stock surged 7% to Rs 608 after the EBITDA margins in December quarter improved to 20.9% from 18.6% in year ago quarter and 19.7% in previous quarter.
Improving prospects of US business to drive the company's earnings
Companies must create value through transformational impact on the planet
The pharma major engages directly with patients, addresses social stigma and environmental concerns to expand the brand footprint in respiratory diseases
A low base in the US also means lower risks of price erosion, but as the company builds up its product pipeline expect earnings to improve
It is indicated for treatment of patients with myelodysplastic syndromes
In Oct, it received the nod for a generic version of limited competition drug Renvela, used to treat kidney disease
The company has received final approval from the USFDA to market a generic version of Astrazeneca's Pulmicort Respules.
Sales growth, benefits from operating leverage led to an in-line performance
The stock moved higher to its 52-week high of Rs 661, up 3% on the BSE, ahead of its Q2FY18 results on Tuesday, November 7, 2017
The promoter shareholding is valued at over Rs 16,600 crore
Healthy outlook on strong margins, niche product launches and traction in key regulatory markets
Cipla was the largest gainer among Sensex and Nifty50 stocks at 11:01 am
Margin improvement a silver lining, if sustained, can boost confidence
The drug major had posted a net profit of Rs 343.70 cr for the corresponding period in FY17
The anti-malaria drug now soon will be available in four sub-Saharan countries