Natco Pharma posts over two-fold jump in Q2 PAT to Rs 181.6 Cr

Finance |  News | 0 Comment | 06 Nov, 2018

Natco Pharma has reported over two-fold increase in consolidated profit after tax at Rs 181.6 crore for the second quarter ended September 30, 2018. The company had posted a consolidated p...Read more

Unichem picks up stakes in Optimus Group

Finance |  News | 0 Comment | 05 Nov, 2018

Unichem Laboratories has acquired 19.99% each in two bulk drug companies of Hyderabad-based pharmaceutical group Optimus for a total of Rs 120 crore ($16.5 million). As part of the transac...Read more

Cipla announces Q2 FY19 results

Finance |  News | 0 Comment | 05 Nov, 2018

Cipla Limited has announced its unaudited consolidated financial results for quarter ended September 30, 2018. Key highlights of the quarter are: R&D investments at approximately IN...Read more

Torrent Pharma reports 12.25% dip in its Q2 net profit

Finance |  News | 0 Comment | 05 Nov, 2018

Drug firm Torrent Pharmaceuticals has reported a 12.25 per cent dip in its consolidated net profit to Rs 179 crore for the quarter ended September 2018 due to one-time impact of a product r...Read more

Strides Pharma to get $20M from ICP

Finance |  News | 0 Comment | 01 Nov, 2018

Strides Pharma Science Ltd said its board has approved ICP-III Investment Advisors infusing $20 million growth capital into its two consumer healthcare business arms, the company ...Read more

Lupin Q2 net profit drops 41.5 pc to Rs 266 cr

Finance |  News | 0 Comment | 01 Nov, 2018

Drug maker Lupin has reported a 41.5 per cent decline in its consolidated net profit at Rs 266 crore for the second quarter ended September 30, 2018 as sales slipped in the US market. The M...Read more

Columbia Asia sells Ahmedabad unit to Zydus

Finance |  News | 0 Comment | 01 Nov, 2018

Columbia Asia Hospitals Pvt. Ltd has sold one of its dozen hospitals in India to Zydus Hospitals for an undisclosed amount. According to Columbia Asia, it has sold its only hospital in Ahm...Read more

Granules India’s Net Profit grew by 49% to Rs 60 Cr.

Finance |  News | 0 Comment | 30 Oct, 2018

Granules India Ltd., a growing pharmaceutical manufacturing company has announced its financial results for the second quarter ended 30th September 2018. The company reported total income ...Read more

Divi's Labs Q2 profit surges by 92%

Finance |  News | 0 Comment | 29 Oct, 2018

Divi's Laboratories, a Rs.3,800 crore plus manufacturer of active pharmaceutical ingredients and intermediates major from Hyderabad, has registered impressive top line and bottom line ...Read more

Pharma sector growth to moderate at 7-9% CAGR for FY 2018-21

Finance |  News | 0 Comment | 23 Oct, 2018

The growth trajectory for the Indian pharmaceutical industry is likely to be moderate at 7-9% over FY2018 to FY2021, on the back of healthy demand from the domestic market given increasing ...Read more

Alembic Pharma makes net profit of Rs. 2 billion

Finance |  News | 0 Comment | 23 Oct, 2018

Alembic Pharmaceuticals has reported 64.58 per cent rise in consolidated net profit to Rs 2 billion for the quarter ended September 30, mainly on account of robust sales overseas. The comp...Read more

Net profit of Jubilant Life Sciences rises to Rs 209.77 crore

Finance |  News | 0 Comment | 23 Oct, 2018

Jubilant Life Sciences reported 67.18 per cent rise in consolidated net profit to Rs 209.77 crore for the quarter ended September 30, mainly on account of robust sales in the pharma segme...Read more

SCHOTT Tubing India to further invest 20 million euros in India

Finance |  News | 0 Comment | 19 Oct, 2018

SCHOTT AG, a global pioneer in manufacturing pharmaceutical glass and packaging, has announced the launch of a new glass tank in its Indian manufacturing plant at Jambusar, Gujarat. The Ger...Read more

Sun Pharma to put Rs 200Cr more in Assam plant

Finance |  News | 0 Comment | 14 Oct, 2018

Sun Pharma is planning to invest an additional Rs 200 crore at its plant in Assam to augment operations. The company has already invested Rs 700 crore in this manufacturing facility. Sun P...Read more

NHPM rollout, a step in right direction: ICRA

Finance |  News | 0 Comment | 08 Oct, 2018

The Union Finance Minister, in his Budget speech of February 2018, had announced the launch of the National Health Protection Mission (NHPM), a health insurance scheme for 10 crore families...Read more

MedAchievers, Venture India to launch $100 M healthcare fund

Finance |  News | 0 Comment | 05 Oct, 2018

Healthcare platform MedAchievers has partnered with business consultancy firm Venture India to launch a $100 million fund MedAchievers Connect to fund cutting-edge research in healthcare in...Read more

Ipca Labs buys majority stake in US firm Bayshore

Finance |  News | 0 Comment | 03 Oct, 2018

Mumbai-based Ipca Laboratories Ltd has acquired an 80 per cent stake US drug marketing company Bayshore Pharmaceuticals LLC for $10.23 million (Rs 75 crore) in cash. The acquisition will e...Read more

Columbia Asia Group growing at 20 per Cent Year-On-Year

Finance |  News | 0 Comment | 26 Sep, 2018

Columbia Asia, a leading hospital chain in Asia, is all set to expand operations across Asia and India by 2020, utilizing the $210 million fund which Columbia Asia had raised in March 2018....Read more