Small-cap pharma stock Sigachi Industries jumps after CARE reaffirms credit rating

Small-cap pharma stock Sigachi Industries gained over 2 per cent in intra-day trade on Friday, January 3, after CARE Ratings reaffirmed its rating action on the company. In an exchange filing on…

Kwality Pharma gains on securing RCGM approval for Erythropoietin

Kwality Pharmaceuticals rose 3.19% to Rs 895 after the company secured approval from the Review Committee on Genetic Manipulation (RCGM) to begin pre-clinical toxicity studies for the recombinant Erythropoietin product,…

Man held with drugs worth Rs 2.50 cr, planned for New Year supply in Bengaluru

Bengaluru:  A man has been arrested for allegedly storing drugs worth Rs 2.50 crore, meant for distribution during the new year celebrations in prominent areas of Bengaluru. The arrest was…

Sun Pharma sells entire stake in Japanese arm to Zaza Industrial Holdings

Sun Pharmaceutical Industries has announced the 100 per cent sale of its step-down subsidiary, Sun Pharma Japan Technical Operations, to Zaza Industrial Holdings K.K., Japan. The decision marks a strategic…

Bliss GVS Pharma Reaches 52-Week High of Rs. 181.35 with 42.53% Annual Return

Bliss GVS Pharma, a small-cap player in the pharmaceuticals and drugs industry, has recently reached a new 52-week high of Rs. 181.35 on January 1, 2025. The stock has shown…

New Pharma Rules In India Effective Today: Are MSMEs Ready? What Will Change For The Industry

New Delhi:  The drug companies in India will now have to meet the standard specified in the revised schedule M – as the new rules come into effect, starting today,…

Sun Pharma To Sell 100 Percent Stake In Japanese Arm

Mumbai:  Sun Pharmaceutical Industries Limited has entered into an agreement with Zaza Industrial Holdings K.K, Japan, under which Sun Pharma has agreed to sell 100% shares held in Sun Pharma…

Spurious drugs worth around Rs 6.6 crore seized from Kolkata wholesale firm

Drugs worth around Rs 6.6 crore, suspected to be spurious, have been seized from a wholesale firm in Kolkata in a joint operation by the Central Drugs Standard Control Organisation…

NPPA hauled up for hiking drug prices

New Delhi:  The parliamentary standing committee on chemicals and fertilisers has pulled up India’s drug pricing regulator for approving a 50% price hike on 11 drug formulations in October, saying…

2025 Outlook: Will pharma sector get a shot in its arm in 2025?

Predictions for 2025:  Pharma and healthcare mutual funds have offered the highest average return of around 38.05% in 2024 (from January 1, 2024 to December 3, 2024), as per an…