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
Revenue from operations rose 28.1% year-on-year to Rs 5,444.6 crore during the quarter under review
India's share of ANDA approvals given by the US Food and Drug Administration (USFDA), too, has fallen from 43 per cent in fourth quarter (Q4) of 2018-19 (FY19) to 33 per cent in Q1FY20
The BSE Healthcare Index has fallen 10 per cent in the last one year
US inspectors cite Cadila Healthcare and Alkem Laboratories--both makers of valsartan--for quality-control failures.
Analysts point out that growth from product introductions has nearly halved over the last two years as the drug regulator has been more stringent about new combination drugs
India has over 5,000 Jan Aushadhi stores that cover a list of 800 plus drugs, both chronic and acute
There have been 20.4 million to 23.6 million flu illnesses in the US between October 1, 2018, and February 23, 2019
As per Crisil, green shoots are already visible in the first quarter for 20 of these listed drug-makers
The number of cases of data integrity violations too is showing a decline, says study by IPA and consultancy firm McKinsey
While Glenmark is betting on its biologic for atorpic dermatitis, Biocon was the first to develop and introduce two novel biologics in the Indian market
Aurobindo has been able to partially buck the trend; analysts expect prospects of most players to improve in second half of FY19