Near-term outlook and valuation are expected to support the stock price
For the week, the Sensex and the Nifty indices are down 3% each
For rerating, it needs sustained growth in India, recovery in US
The tablet is the generic therapeutic equivalent of Diovan, approved by the US Food and Drug Administration
Prestige BioPharma Ltd announced that the two companies have entered into a binding agreement for an exclusive partnership for the supply and commercialisation of Trastuzumab biosimilar
According to the technical analyst from Anand Rathi, most technical indicators are in favour of the bullish bias for these three stocks
Dr Reddy's is in a pact with RDIF to sell 250 million vials of Sputnik V in India.
In this first instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Sohini Das looks at India's pharmaceutical sector
The stock of the pharmaceutical company was trading at its lowest level since April 9, 2021
(Reuters) - Five Indian generic drugmakers, including Cipla and Dr Reddy's Laboratories, said on Tuesday they would jointly conduct a clinical trial of Merck & Co's anti-viral drug to treat mild COVID-19 in non-hospitalised patients in India.
: Dr. Reddy's Laboratories Ltd on Monday announced the commercial launch of 2-deoxy-D-glucose (2-DG). According to a press release issued by the city-based drug maker, Dr. Reddy's will supply the drug to major government as well as private hospitals across India. In the initial weeks, the company will make the drug available in hospitals across metros and Tier 1 cities, and subsequently expand coverage to the rest of the country. 2-DG manufactured by Dr. Reddy's has a purity of 99.5 per cent and is being sold commercially under the brand name 2DG. The maximum retail price (MRP) of each sachet has been fixed at Rs 990, with a subsidized rate offered to Government institutions, it said. 2-DG, a oral drug was developed by the Institute of Nuclear Medicine and Allied Sciences (INMAS), a laboratory of the Defence Research and Development Organisation (DRDO), in collaboration with Dr. Reddy's. Dr. G Satheesh Reddy, Secretary, Department of Defence (R&D) and Chairman, DRDO
Going ahead, Nomura said, markets will focus more on corporate earnings rather than the broad economic growth in India
Hyderabad-based pharma major says it isn't supplying Russia jab to residential societies
The drug will be provided to government hospitals at a discounted price, ANI quoted government officials as saying.
Dr Reddys Laboratories is in a pact with Russian Direct Investment Fund to sell 250 million vials of Covid-19 vaccine Sputnik V in India
Royal Enfield said it has decided to shut down its two manufacturing facilities between May 13-16 amid a second Covid wave
Eli Lilly has issued additional royalty-free, non-exclusive voluntary licenses to Dr Reddy's Ltd, MSN Laboratories and Torrent Pharmaceuticals
Sun Pharma, Dr Reddy's Laboratories, Aurobindo Pharma and Jubilant Pharma are recalling products in the US market, the world's largest market for pharmaceutical products, for various reasons
The stock price has broken out on the daily chart where it closed above 200-day EMA with higher volumes
Wipro announced the appointment of Rene Mulder as Country Head and Managing Director of its Switzerland operations