Revenues dropped by 7% to Rs 3,707 crore y-o-y
The company received a warning letter from the USFDA on November 5, 2015, for specific violations
In past three-trading sessions, post QFY17 results the stock gained 7% as compared to 1.62% decline in Sensex
Combined sale of branded and generic versions of the products in the US is approximately $1 billion
Declining US sales had a bearing on the company's revenues and profitability
Shares of DRL were trading at Rs 3,115.60 on BSE during the morning trading hour, up 0.84 per cent from previous close
The product is a generic equivalent of Lamictal ODT in the US; Lamictal ODT is a registered trademark of GSK group
Faster pace of product launches can drive recovery in growth, but for regulatory clearances
The drugs provide treatment options to physicians to address unmet medical needs in the area of oncology and osteoporosis
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Redesigns its syrup bottles and blister packs
Pharma major expects some products to add to its topline in 2018; products were being divested by Teva as a condition to close acquisition with Allergan
The company on Tuesday revealed that it was in the process of writing to the USFDA for re-inspection of the three manufacturing sites
Despite assurances, the Indian generics drug major has failed to show any hint of turnaround, however small, from any segment or geography
Pharma major's bottomlines impacted by a decline in volume growth, particularly in the US market and the loss of business in Venezuela
Net profit for the April-June quarter fell to Rs 154 crore from Rs 626 crore the previous year,
Drug is generic equivalent of Zegerid capsules, which has a market of $307 million in twelve months to May 2016
This follows firm's remediation efforts after USFDA's warning letter over certain compliance issues last year
The stock outperformed the market by surging 10% as compared to 0.17% rise in Sensex during past eight trading sessions.
Price erosion in the US and higher R&D costs are major concerns