Industry says fresh prescriptions are picking up
The other trigger for the stock is the cost savings from lower investments in R&D and fund raising for innovation research
PNB Vesper's drug developed from 12 years of research for small-cell lung cancer (for which it is under trial) has shown positive response in Covid-19, the firm claims
Drug firm AstraZeneca Pharma India on Monday reported a 13.38 per centdecline in its net profit to Rs 18.63 crore for the quarter ended June. The company had posted a net profit of Rs 21.51 crore for the corresponding period of the previous fiscal, AstraZeneca Pharma India said in a BSE filing. Revenue from operations stood at Rs 193.57 crore for the quarter under consideration. It was Rs 204.56 crore for the same periodyear ago, it added. The board of directors has declared an interim dividend of Rs 2 per equity share for the financial year 2020-21, the filing said. Shares ofAstraZeneca Pharma India were trading at Rs3,381.65per scrip on BSE, up 1.50 per cent over previous close.
The tolterodine tartrate tablets are generic versions of Pfizer Inc's DETROL tablets
Cutting across party lines, the committee members questioned why expensive medicines were often being recommended for Covid-19 treatment
Privately held Sovereign Pharma is manufacturing and packaging Cipla's remdesivir version
Several teams across the world are in a race to develop a vaccine for coronavirus infection
Lilly said it currently does not anticipate shortages for any of its medicines, including baricitinib
The product is a generic version of AstraZeneca AB's Farxiga tablets
In health care, unconscious biases can lead to disparate treatment of patients and can affect whether similar patients live or die
The DoP drafted the UCPMP has been voluntarily followed by drug firms since 2015., however, the code is not mandatory
Sale prices of over 100 types of commonly used drugs are on average about 17 to 18 times of their manufacturing costs, the statement said
Global capability centres will drive innovation for the global enterprise
The US is Indian pharma's largest export market and Indian drugmakers account for a little over 30 per cent of generic drugs sold in that country
Putting aside prices for a moment, it's been an exciting period for medical progress
The NITI Aayog has proposed to do away with the need to have manufacturing licences to register a medical device
Icra cited abating headwinds from pricing pressure in the US, stable growth for the Indian market driven by increasing healthcare spending
Govt should not control drug prices
The prices of APIs have gone up in the range of 5-88%