Sun Pharma rising again Lupin and Cipla going down Kumar Jeetendra | June 27, 2018 This Tuesday till afternoon it was recorded that the Pharma stocked had a mixed trade, the Nifty indexed of pharma was trading 0.17 per cent down at 9,271. Glenmark and Dr. Reddy’s Laboratories were also among losers in the pharma index. The Cipla (down 1.88 per cent), Candila Healthcare (down 1.46 per cent), Lupin (down …
Pharma Industry back on track Becoming fruitful again Kumar Jeetendra | June 23, 2018 Indian pharmaceutical sector is now blooming again after plenty of ups and down in past few years handling plenty of regulatory challenges such as recast of FDI policy, patent protection, pricing policies of the US generic market, regulatory approvals, compulsory licensing, QC standards etc. Implementation of the GST, less new products launching and high competition …
NAA questioning consumer goods and pharma organizations regarding GST prices Kumar Jeetendra | June 22, 2018 The National Anti-Profiteering Authority (NAA) are questioning around 150 consumer goods and pharma companies regarding their stocks with the distributors and stockists on June 30,2017 were sold at low cost after the GST rollout. These were some of the questions the NAA investigators are looking for answers. The NAA issues a letter to top leading …
Indian Pharma to enter Profitable Chinese market soon Kumar Jeetendra | June 21, 2018 Finally, Indian pharma companies are finding a way to enter the world’s second largest pharmaceutical market which is attractive and profitable market of China. Usually it takes 5 years to get n approval but the Indian drug regulators get the approval for the drug product within 3-6 months. “They (the China Food and Drug Administration, …
Sun Pharma to be the top struggler Pharma stock down Kumar Jeetendra | June 20, 2018 On Tuesday’s trading session the pharma stocks were down during the last hour, the Biocon was down 1.52 percent, Sun Pharmaceutical industries (down 1.33 percent),Divi’s Laboratories ( down 0.95 percent ), Lupin ( down 0.41 percent ), whereas Aurobindo pharma and Cipla (down 0.38 percent ) were incurring losses, keeping the sectoral index unhappy. Around …
Training programme for the Pharmaceutical industries by China Kumar Jeetendra | June 15, 2018 China which is the second largest drug market after US has agreed to provide a specific training programme for the domestic pharmaceutical industries to understand their regulatory system, this will promote the India’s exports, a senior government official said. . rnrn “China has assured us that they would provide a platform for Indian exports of …
Halol plant clearance improved the pharma stock Kumar Jeetendra | June 14, 2018 As the Sun pharma’s Halol plant got clearance from the US FDA brought the pharma stocks into lime light on Wednesday giving a big relax to the pharma stocks. The Nifty pharma indexed closed at up to 0.9 percent at 8,948.95 and is up to 13 percent from recent lows, showing the improvement of the …
FDAs clearance to Sun Pharma s Gujrat plant India Kumar Jeetendra | June 13, 2018 Sun Pharma’s Halol plant in Gujarat, India has finally got some relief from the US FDA after receiving satisfactory report from the Food and drug administration. Since 2014 the plant faces many issues with the manufacturing standards and the pressure was piled up after receiving a warning letter for this plant I Gujarat in 2015. …
Global quality standard to be followed by Pharma Industry Oppi Kumar Jeetendra | June 12, 2018 The Organization of Pharmaceutical Producers of India-Oppi, which represents the research-based pharmaceutical companies in India and involved with the government and other stakeholders to get sustainable healthcare solutions called for adopting the global quality standard and brought all the stakeholders such as regulators, industry and governments to work together for the growth of the sector. …
Future growth of Lupin with multifaceted generics biosimilar and speciality medicines Kumar Jeetendra | June 11, 2018 Drug firm Lupin is now focusing on generics, biosimilar and speciality medicines to be the growth driver for going forward as per the investor presentation by the company. Although the company is sustaining and growing its presence in the generic segment, the company is planning for investing heavily in developing high barrier products in complex …
Nifty Pharma top sectoral gainer among sectoral indices Kumar Jeetendra | June 9, 2018 During Friday trade the pharma stocks were the top gainer among the sectoral indices on NSE. The Nifty Pharma index was trading 3.02 per cent up at 8,502 around 12:25 pm. The pharma stocks were rallying amid a fresh fall in the Indian rupee against the US dollar. The Sun Pharmaceuticals were the top gainer …
Flip flop in Pharma stocks Kumar Jeetendra | June 8, 2018 Tuesday afternoon the pharma stocks were trading mixed. It was reported that the shares of Candila Healthcare (up 1.20 per cent), Glenmark Pharmaceuticals (up 0.93 per cent) and Aurobindo PharmaNSE 4.69 % (up 0.73 per cent) were trading with gains. Whereas Dr.Reddy’s Laboratories (up 0.50 per cent) ,Divi's Laboratories (up 0.50 per cent), and Cipla …