In India, the company is by far the leader in the respiratory drugs segment, having a turnover of over Rs 18.93 billion
'We are looking to provide end-to-end solutions in the area of disease management for Patients'
The stock has rallied 4.6% to Rs 662 on the BSE in early morning trade, trading close to its 52-week high of Rs 663 touched on November 11, 2017.
The company is looking at inorganic growth opportunities to offset delays in product approvals
The transaction is subject to the approval by the Competition Commission of South Africa
The stock up 3% at Rs 622 on the BSE in early morning trade and is 6.6% away from its 52-week high of Rs 663 touched on November 7, 2017.
The stock surged 7% to Rs 563, bouncing back 8% from its early morning low of Rs 520 on the BSE.
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