US tariff jitters rock pharma stocks; Sun Pharma, Lupin, Dr Reddy’s slump 2-4%
Share of pharma companies saw red on February 14 as caution over the possibility of US tariffs hitting the sector spread across the Street. This came after US President Donald…
Sun Pharma appoints Aalok Shanghvi as Chief Operating Officer
Sun Pharmaceutical Industries has appointed Aalok Shanghvi as its Chief Operating Officer (COO). The company announced the designation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.…
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…
Sun Pharma to acquire 16.33% stake of Surgimatix for $3.05 million
Pharma company Sun Pharma announced that it will acquire a 16.33 percent stake in Michigan-based Surgimatix Inc for $3.05 million by the end of this month subject to fulfilment of some conditions.…
Drug overpricing: Govt plans amnesty scheme to recover dues from pharma companies
In a bid to tackle overpricing in the pharmaceutical sector, the government is planning an amnesty scheme to recover dues from pharmaceutical companies, CNBC Aawaz reported. The National Pharmaceutical Pricing Authority (NPPA), responsible for…
Sun Pharma Dropped In Market After Us Lawsuit
Share prices of some leading domestic pharmaceutical companies, led by Sun Pharmaceutical Industries, fell 4-9 per cent on Monday, after being named in a price-fixing lawsuit in the US. The…
Ready-to-Infuse Therapy Available for Patients with Certain Cancers
Sun Pharma’s gemcitabine in sodium chloride injection (Infugem), for intravenous use, is now commercially available in the United States. This is the first chemotherapy product that comes in a premixed,…
Sun sinks 13% after reports of 2nd whistleblower letter
Mumbai: Shares of Sun Pharma, India’s largest drug maker, crashed over 13% intra-day on Friday – its biggest such fall in two years – after it emerged there was a…
