Lupin, Stride Pharma, Neuland Labs, Lincoln Pharma, and Hikal hit their respective 52-week highs on the BSE
Such businesses outperform non-family firms by 3% in first six months of CY20, says Credit Suisse report
The report says if chemists are allowed to replace doctor's prescription with a generic drug, firms with high exposure to chronic therapeutic drugs will be impacted more
All the 10 constituents of the Nifty Pharma index were trading in the green.
Do these changes augur well for the future business growth plans? Analysts think so
Cipla's launch of remdesivir in late June, along with subsequent launches by others, has helped ease supply bottlenecks in India
Mumbai headquartered pharma firm posted 20% growth in profit before tax for the first quarter of the current financial year to Rs 799 crore, on a 9% YoY growth in revenues to Rs 4,346 crore
The P/E for Bharti Airtel and Avenue Supermarts is currently below the pre-Covid levels. Reliance Industries, Cipla, Havells India, and Eicher Motors have seen the maximum P/E expansion
Firm's domestic business did well, up 16% YoY during the quarter when Cipla launched licensed version of Gilead's remdesivir
Goa's Health Ministry received 1,008 vials of Remdesivir from pharma major Cipla
The company is offering drugs, which have shown potency in treating Covid-19, in partnership with its global partners
The company's rich legacy of care and strong sense of purpose rooted in a culture of meritocracy and high performance standards have made Cipla an employer of choice for several industry leaders
Those who have left include India business head Nikhil Chopra
According to industry insiders, many more brands are lined up for launch, including one from Cipla
Cipla said it would launch favipiravir as "Ciplenza" in the first week of August, priced at 68 Indian rupees (91 cents) per 200 mg tablet
Drug major Cipla said it has reached settlement with Amgen Inc on pending litigation involving generic cinacalcet hydrochloride tablets
Business Standard takes a look at the common drugs that are being used in India for treating Covid-19 patients
Some firms are now considering starting their own distribution centres in major cities
The drug will be available through the government and hospitals only, the company said
Privately held Sovereign Pharma is manufacturing and packaging Cipla's remdesivir version