Nifty Pharma index rises; Lupin, Cipla shares shine
NEW DELHI: Pharma shares were trading mixed with the Nifty Pharma index trading 0.2 per cent up at 9,663.1 around 12:12 pm on Monday. Shares of Lupin (up 1.64 per…
Bayer profit flat as weak animal health offsets strong Xarelto
By Ludwig Burger FRANKFURT: Bayer’s adjusted core earnings were flat for the quarter, as better prescription numbers for cardiovascular drug Xarelto were tempered by a weaker animal health business and…
Cipla’s subsidiary to acquire US-based Avenue Therapeutics for $ 215 million
Drug major Cipla Tuesday said its subsidiary InvaGen Pharmaceuticals Inc has entered into definitive agreements to acquire US-based speciality business firm Avenue Therapeutics for up to USD 215 million (around…
Aurobindo Pharma shares fall 3% after Q2 earnings
New Delhi: Shares of Aurobindo Pharma Tuesday fell almost 3 per cent after the company reported 21.70 per cent dip in consolidated net profit for the quarter ended September 30,…
Medikabazar goes for leadership boost
New Delhi: Medikabazar, India’s leading B2B online aggregator for medical supplies is in the cusp of massive growth. Hence, it has gone for leadership augmentation. Medikabazaar recently announced the appointment…
Lupin launches generic pneumonia drug in US
New Delhi: Drug firm Lupin said Monday it has launched the generic Atovaquone oral suspension, which is used for the prevention and treatment of pneumonia, in the US market. The…
Cipla gets USFDA nod for anti-viral eye infection drug for AIDS patients
Drug major Cipla Monday said it has received final approval from the US health regulator for Valganciclovir tablets, used in the treatment of viral eye infection in AIDS patients. Valganciclovir…
Amarinder inaugurates 100-bed hospital in Sangrur
Sangrur (Pb): Punjab Chief Minister Amarinder Singh Monday inaugurated a 100-bed, ultra-modern cancer hospital here. The Homi Bhabha Cancer Hospital in Sangrur has been set up with aid from the…
Nashik: Dist health dept launches camp to trace TB patients
Nashik: The district health department launched a special drive from Monday to trace patients suffering from tuberculosis (TB). Volunteers and Asha workers from across the district would be visiting households…
China mulls USD 720,000 fine for faking vaccine tests after scandal
Beijing: Chinese vaccine manufacturers who falsify test results or break other rules could be fined up to USD 720,000 under a new law proposed after a scandal that fulled public…
