Pharma deals value decreases by 14.8 per cent in August 2022: GlobalData
The industry reported 120 Venture Capital (VC) deals worth $2.6 billion in August 2022, compared to the last 12-month average…
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Aster opens its 200th Aster Pharmacy in India
With the latest one, it opens the 58th Aster Pharmacy in Kerala
Advanced biologic drugs and COVID-19 vaccines creating opportunities for packaging providers to…
The report, ‘Contract Injectable Packaging Trends in the Bio/Pharma Industry,’ has revealed that there was an increase in…
Novartis to spin off generics business Sandoz next year
The company started a strategic review of Sandoz last October - examining a range of options, including retaining the business,…
Thai king’s medical firm reports record profit after vaccine deal with AstraZeneca
The company is part of King Maha Vajiralongkorn's vast fortune, which includes land and property estimated at between $30 billion…
JB Pharma registers impressive numbers for FY2021-22
The company has registered operating revenues at Rs 2,424 crore and EBITDA at Rs 550 crore
Sluggish exports to regulated markets to cap pharma revenue growth this fiscal: CRISIL
Low-leveraged balance sheets to keep credit profiles stable
Concord Biotech files DRHP for IPO
The issue with a face value of Re 1 per equity share is a complete Offer For Sale (OFS) aggregating to 20,925,652 equity shares by…
Hester Biosciences reports net profit of Rs 3.56 crore in Q1FY23
Sales of health products grew by 42 per cent on back of a strong momentum gained from new product introductions and territorial…
Zydus gets USFDA nod for Prochlorperazine Maleate Tablets
Prochlorperazine tablets are used to treat nervous, emotional and mental conditions, and non-psychotic anxiety
Novavax tumbles 31 per cent as waning COVID vaccine demand hits revenue forecast
Demand for its vaccine is also waning in the US, where it was authorised for use among adults last month and was expected to be…
Lincoln Pharma reports standalone net profit of Rs 15.01 crore in Q1FY23
Total income in Q1FY23 at Rs 129.97 crore, up 24.4 per cent from Rs 104.4 crore in Q4FY22
JB Pharma records revenue growth of 30 per cent to Rs 785 crore in Q1FY23
Operating EBITDA grows by 16 per cent to Rs 190 crore
Pharma industry reports 70 deals worth $8.3 billion in July 2022: GlobalData
The industry reported 92 Venture Capital (VC) deals worth $2.2 billion in July 2022, compared to the last 12-month average (July…
Balaxi Pharma revenue grows 42 per cent in Q1 FY23
Profit After Tax (PAT) up 32 per cent YoY
Torrent Pharma Q1 net profit up 2.8 per cent to Rs 330 crores
The company had posted a net profit of Rs 321 crores for the corresponding period of the previous fiscal
Aleor Dermaceuticals gets USFDA approval for Diclofenac Sodium Topical Gel
It is indicated for the topical treatment of actinic keratoses
Glenmark gets US FDA nod for Norethindrone Acetate and Ethinyl Estradiol Capsules and Ferrous…
These capsules are given to prevent pregnancy
GSK gets US FDA nod for Benlysta (Belimumab) to treat paediatric patients with active lupus…
Benlysta is now the first and only biologic approved for adults and children who have lupus or lupus nephritis
Zenara Pharma gets CDSCO nod to make and market generic version of Pfizer’s Paxlovid
The tablet, which will be sold under the brand name ‘Paxzen’, is being manufactured at Zenara’s US FDA approved facility in…