Regulator issues Form 483 with as many as 14 observations that could impact ongoing operations at the plant
The stock tanked to its five-year low before closing 8.7 per cent lower on Thursday
Analysts expect a 12% growth in revenues for the sector
Centre likely to consider rationalising trade margins
Have increased raw material buffer stock by at least 40 days in recent months
The ranitidine market in India is roughly around Rs 700 crore, with about 180 brands
Biocon has acquired some assets from Pfizer Healthcare to set up its second R&D plant in India
The Hyderabad-based company is an outlier among large pharmaceutical producers, having seen a jump in its stock price over the previous year
The investment interest comes as Indian drugmakers are focusing on specialty products, while relying extensively on Chinese imports for basic ingredients and other raw materials used in medicines
As per the state FDCA commissioner, the state has benefited from the introduction of GST
The product is a generic version of AstraZeneca Pharmaceuticals LP's Faslodex Injection in the same strength, the company said
The Street is cautious given multiple challenges in core markets of US and India
The pact is for patents related to certain compounds with potential therapeutic activity across multiple indications
Unichem said the product will be commercialised from its Ghaziabad plant
Volume growth in the domestic market had turned negative in the last two months but was a big growth driver in July
The completion of Sandoz acquisition and new product launches are triggers
Revenue from operations rose 28.1% year-on-year to Rs 5,444.6 crore during the quarter under review
The Indian pharma sector has many attractive opportunities before it, such as the growing adoption of generic drugs in developed markets
The facility was inspected by the US Food and Drug Administration
Besides captive consumption, the company also supplies APIs to external customers across international markets