With the pharma sector being rerated, given steady growth prospects and attractive valuations, all the companies, including pharma MNCs, will see greater investor interest
Despite the pharmaceutical industry having the essential commodities tag, the administration, police and building societies was not allowing movement of people and products
Combined capacity utilisation at all-India level is 60-70% - higher than in most other industries
Cipla gets nod for drug from USFDA earlier than expected; Lupin in fray
Cardio-diabetic and respiratory segments clock robust growth
In the first week of March, India restricted the exports of 13 APIs and their formulations to ensure there was no shortage in the domestic market.
Aurobindo was scheduled to acquire the portfolio with an upfront purchase price of $900 million in cash
Policymakers and pharma companies will have to work together to speed up trials of new vaccines and legislate to ensure essential drugs and tests are affordable and available
The company has upgraded its manufacturing facility at Khatraj near Ahmedabad with Rs 30-crore investment
From FY15 to FY19, Indian manufacturers received fewer warning letters than Chinese counterparts
The trend is unlikely to reverse in the near term, say experts
Pharma players to meet DoP to discuss suggestions around implementing ethical marketing practices code
Indian companies have also been hit in their global business.
MNC stocks have outperformed local peers for the first time in over a decade and have also significantly outperformed the Nifty over the last 18 months.
Increased USFDA import alerts could be reason for finding alternative sites
The Telangana unit in question is an important one contributing about a fifth to US revenues
The ranitidine market in India is roughly around Rs 700 crore, with about 180 brands
Glenmark's capex for the first quarter of fiscal 2020 was Rs 190 crore, in line with its guidance
India has been demanding that China open its pharmaceutical market to Indian drugs as part of the efforts to lower the $57 billion trade deficit
As per the state FDCA commissioner, the state has benefited from the introduction of GST