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Glenmark Pharma Q1 Net up 43.7% at Rs 184.8 crore

Last Updated: Thursday, July 24, 2014, 18:28

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.

Union Budget 2014: Raising of FDI cap in insurance may help pharma industry

Last Updated: Thursday, July 10, 2014, 17:59

Finance Minister Arun Jaitley on Thursday proposed raising the FDI cap from 26 percent to 49 percent.

Pharma exports to US unaffected by import alerts: Ind-Ra

Last Updated: Thursday, May 08, 2014, 20:52

Indian pharmaceutical exports to the US is expected to keep growing despite a spate of import alerts issued by the US Food and Drug Administration (US FDA) in 2013, according to India Ratings & Research (Ind-Ra) report here.

No clear gainers if Pharma FDI is capped

Last Updated: Saturday, November 30, 2013, 11:55

Moreover, Indian pharma industry is pretty fragmented, so it is difficult for few players to control the whole pharma market.

Indian cos in FDA's first list for generic Aciphex tablets

Last Updated: Sunday, November 10, 2013, 13:14

In a decision that will cheer the domestic pharma industry, Indian firms including Dr Reddy's, Lupin and Torrent Pharma have received nod from the US health regulator to market the first generic version of Aciphex, used to treat gastroesophageal reflux disease (GERD).

Fin Min not in favour of tightening FDI norms in pharma

Last Updated: Tuesday, October 15, 2013, 17:25

The Finance Ministry is not in favour of tightening of norms for foreign investors in already existing Indian pharmaceutical companies, a senior official said.

SMEs likely to play imp role in pharma growth story: Report

Last Updated: Monday, September 09, 2013, 11:56

Exports of pharmaceuticals products from India increased from USD 6.23 billion in 2006-07 to USD 8.7 billion in 2012-13.

IP environment deteriorating in India: US pharma industry

Last Updated: Tuesday, July 02, 2013, 08:50

"PhRMA remains concerned about the deteriorating intellectual property environment in India," Mark Grayson, PhRMA spokesman said.

Ranbaxy issue a wake up call for Indian pharma industry: Shaw

Last Updated: Sunday, June 09, 2013, 11:13

The USD 500 million fine on Ranbaxy by US authorities after it pleaded guilty to "felony charges" for violating drug manufacturing norms is "a wake up call" for Indian pharmaceutical industry, according to Biocon Chairman and Manging Director Kiran Mazumdar-Shaw.

Indian pharma industry seeks policy reforms in Indonesia

Last Updated: Monday, March 25, 2013, 17:46

India hopes the Indonesian government will undertake policy reforms that will enable Indian companies to invest in the South-East Asian nation's pharmaceutical sector.

Drugs likely to cost more after hike in excise duty

Last Updated: Sunday, March 03, 2013, 13:45

Drugs are expected to cost more following an increase in excise duty to 6 percent from 5 percent on formulations and to 12 percent from 10 percent on bulk drugs announced by the Finance Minister in the Budget, ratings agency Crisil has said.

Pharma M&As set to gather more steam in 2013: report

Last Updated: Sunday, January 13, 2013, 14:28

The activities on the M&A street in the pharma space in the recent past are likely to gather more steam through 2013, says a research report.