Pharmaceutical Industries

CCI approves Sun Pharma-Ranbaxy deal; creates India's largest pharma co

However, the approval did not come without its share of conditions as the CCI asked the two companies to divest some products as not to affect fair competition in the market.

Dec 08, 2014, 17:49 PM IST

Indian pharma cos should tap Latin American markets: Barclays

Indian pharmaceutical companies need to focus on the Latin American markets namely Brazil and Mexico, British brokerage firm Barclays has said.

Oct 09, 2014, 21:31 PM IST

DrReddy's, Sun Pharma among 14 firms probed by US over drug price

India's pharma majors Dr Reddy's and Sun Pharma are among 14 drug makers which are being probed by the US Congress over price escalation of generic drugs.

Oct 08, 2014, 21:06 PM IST

Govt strips pharma pricing regulator's powers to cap non-essential drug prices

The government has stripped drug pricing authority NPPA of powers to cap prices of non- essential drugs after its recent order triggered industry protests.

Sep 23, 2014, 11:22 AM IST

CCI says Sun-Ranbaxy deal may hit competition; seeks comments

In the first-ever public scrutiny of an M&A deal in India, fair trade watchdog CCI on Thursday invited comments from all stakeholders, including general public, on finer details of USD 4-billion merger of Ranbaxy Labs into rival Sun Pharmaceuticals.

Sep 04, 2014, 12:13 PM IST

Pharma sector to continue growth in double digits: Moody's

The Indian pharmaceutical market will continue to grow in the double digits, representing a better growth opportunity than many other geographic markets, Moody's Investors Service says.

Aug 25, 2014, 16:06 PM IST

Govt extends deadline for pharma barcodes

The government has extended the deadline to affix barcodes on mono-carton (ointments, eye/ear drops) by pharmaceutical companies to April 2015.

Aug 18, 2014, 18:18 PM IST

Cipla gains after April-June margins expand sequentially

Shares in drugmaker Cipla gain after April-June operating margins beat some estimates.

Aug 18, 2014, 12:33 PM IST

Top 20 pharma companies' capex to surge by 40%: CRISIL

India's top 20 pharmaceutical companies would increase capital expenditure by 40 percent to more than Rs 50,000 crore by fiscal 2018, credit rating agency CRISIL said Wednesday.

Aug 13, 2014, 20:11 PM IST

Glenmark Pharma Q1 Net up 43.7% at Rs 184.8 crore

Glenmark Pharmaceuticals Thursday reported 43.7 percent jump in consolidated net profit at Rs 184.8 crore for the first quarter ended June 30, 2014.

Jul 24, 2014, 18:28 PM IST