Pharmaceutical Firms

Semaglutide mkt settles into steady growth six months after patent expiry

Generic brands now account for about 74% of monthly units as lower-priced products expand access, while doctors say the initial rush around the drug is cooling

Piramal Pharma cuts exposure to Chinese raw materials to reduce supply risk

Piramal is among global drugmakers increasingly seeking to reduce their reliance on China for pharmaceutical ingredients and manufacturing, amid rising geopolitical tensions

Sun Pharma board approves plan to raise up to ₹10,000 crore via NCDs

Sun Pharmaceutical Industries has said its board of directors has approved a proposal to raise funds of up to Rs 10,000 crore through the issuance of non-convertible debentures (NCDs). The decision was taken at a meeting of the company's Board of Directors held on October 12, Sun Pharma said in a regulatory filing late on Monday evening. The board approved the issuance of listed, rated, unsecured, redeemable NCDs on a private placement basis in one or more tranches and/or series for an aggregate amount not exceeding Rs 10,000 crore. The company said that disclosures required under Regulation 30 of the Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be made at an appropriate stage upon the issuance or allotment of the debentures. Separately, the company announced that Gautam Doshi has resigned as a Non-Executive, Independent Director with immediate effect, citing personal reasons. Consequent upon his resignation, he has also ceased to hold positions on

IPM volume growth at 3.4% marks 2-yr high on steady demand across therapies

Volume growth reached 3.5 per cent, the highest in two years, while pricing rose about 6.2 per cent as most therapy segments recorded stronger demand

Nifty Pharma defies mkt slump, up 1% as select drugs exempt from US tariffs

Qualifying speciality medicines from India will be eligible for zero duty, providing some relief to Indian drugmakers with exposure to the US market.

AI-led drug discovery to create decade-long CDMO tailwind: Harini Dedhia

AI is a utility for pharma companies, delivering drug discovery in a shorter time frame with far higher chances of success.

Novartis India zooms 51% in 3 days; what's driving the pharma stock?

Novartis India acquired the Minipress and Minipres trademarks in India and certain related intellectual property rights from Pfizer Inc and Pfizer Products Inc for ₹1,250 crore.

Maharashtra FDA cancels Cipla C&F licences in Pune; firm contests order

State regulator cites alleged packaging, inventory and storage violations at Cipla's Pune C&F warehouse; company challenges order, says matter is sub judice

2 workers killed, 9 injured in reactor blast at Telangana pharma unit

Two workers were killed and nine others were injured in a reactor blast incident at a pharma company in Yadadri Bhuvanagiri district of Telangana, police said on Saturday. The incident occurred late on Friday night and triggered a fire in the unit located in Pochampally mandal when the workers were changing shift. "Two persons died. Nine people were injured, including two who suffered more than 50 per cent burns while seven sustained minor injuries", a police official told PTI. The injured were admitted to different hospitals, the official said. The fire was subsequently extinguished by the Fire Department. A case was registered and further investigation is on.

New launches, innovative portfolio set to drive gains for GSK Pharma stock

Brokerages expect strong near-term growth on traction in innovative products and new launches, though some see limited upside after the stock's recent outperformance

Moderna, Merck cancer vaccine scores big win in late-stage melanoma trial

Moderna and Merck's personalised mRNA vaccine met key goals in a Phase 3 melanoma trial, reducing recurrence and spread and raising hopes for a new generation of cancer vaccines worldwide

Ipca surges 11% in tepid market, nears 52-week high on healthy Q1 results

Ipca Laboratories upgraded FY27 revenue growth guidance to 14-16 per cent from 12-13 per cent and raised consolidated EBITDA margin guidance to 23 per cent from 22 per cent.

Kwality Pharma, Aarti Pharmalabs, Universal Cables hit 20% upper circuits

The share price of Kwality Pharmaceuticals hit a new high of ₹3,130.85 on Monday. The stock zoomed 183% thus far in the calendar year 2026.

Mukul Agrawal portfolio: Neuland Labs soars 10%, hits new high; here's why

In the past six months, the stock price of Neuland Labs outperformed the market by surging 68 per cent, as compared to 6 per cent decline in the BSE Sensex.

After sharp stock rally, valuation hurdles may cap Divi's returns

Strong custom synthesis growth, peptide opportunities and higher earnings estimates support Divi's outlook, but elevated valuations could restrict further stock upside

OPPI seeks India-based start for regulatory data protection period

Industry body says it is open to a shorter regulatory data protection period if the clock starts from a drug's marketing approval in India rather than its first global approval

Indian drugmakers in no rush to shift to US despite tariff threat

Indian pharma companies are expanding selectively in the US for complex products while retaining India as their manufacturing base despite Trump's tariff threat

Ajanta Pharma Q1 result: PAT rises 31% to ₹334 cr on strong India, US sales

Ajanta Pharma Ltd on Thursday reported a 31 per cent rise in profit after tax to Rs 334 crore for the first quarter ended June 30. The company had posted a profit after tax (PAT) of Rs 255 crore in the corresponding period of the last fiscal, Ajanta Pharma said in a regulatory filing. Its revenue from operations grew 25 per cent to Rs 1,626 crore in the first quarter against Rs 1,303 crore in the year-ago period, it added. Branded generics revenue in India increased 24 per cent to Rs 509 crore from Rs 409 crore a year ago, the company said. US generic revenue jumped 57 per cent to Rs 487 crore compared to Rs 310 crore in the year-ago period, it noted.

FSSAI suspends licence of Dior Pharmaceuticals for violations at factory

Food regulator FSSAI has suspended the licence of Dior Pharmaceuticals for multiple violations at its nutraceutical factory. In a social media post on Thursday, FSSAI observed "serious non-compliances" during the inspection of the manufacturing unit in Punjab. "The Nutraceutical Manufacturing Unit was found to be operating under severely deficient Good Manufacturing Practices (GMP), Good Hygiene Practices (GHP), and Food Safety Management Systems (FSMS)," the Food Safety and Standards Authority of India (FSSAI) said. Stating that the deficiencies pose a significant risk to public health, FSSAI said there has been a gross non-compliance with the FSS Act, 2006. "The FSSAI Licence has been suspended with immediate effect. The FBO (food business operator) has been directed to immediately cease all operations until all deficiencies are rectified and compliance is established to the satisfaction of the Competent Authority," the regulator said. Giving details about major and critical ...

The reform booster shot that transformed India into pharmacy of the world

From generics to global leadership, India's pharmaceutical industry has transformed since 1991. Its next challenge is becoming a global hub for breakthrough drug innovation