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Relief rally triggers broad-based buying; Sensex gains 1310 pts; Nifty closes at 22,829.&nbsp; 
&nbsp;

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The government has disbursed Rs 1,596 crore under Production-Linked Incentive (PLI) schemes for six sectors, including electronics and pharma, during the April-September this fiscal, an official said.

Government disburses Rs 1,596 crore in six PLI schemes during April-September this fiscal

Zee Business forecasts indicate a three percent year-on-year revenue increase, with Cipla’s Q2 revenue expected at Rs 6,892 crore, up from Rs 6,678 crore in the same quarter last year

Cipla Q2 earnings preview: Margins under pressure as US, domestic sales outlook remains modest

Buying advice in IT, Pharma, Metal and FMCG stocks, Nifty Bank will show good bullishness if it goes above 51750: Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research.

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The company's entry into the coatings market comes at a time when the global pharma coatings market is experiencing unprecedented growth, driven by increasing demand for advanced drug delivery systems and stringent regulatory standards.&nbsp;

Sigachi Industries announces innovative pharmaceutical film coatings, polymer blends

The company has also signed an annual supply agreement with Alfa Chemicals and Solvents Ltd., Turkey.

Pharma company partners with UK firm to manufacture Lithium Carbonate in India 

India is poised to experience over 6% employment growth in key sectors such as healthcare, automotive, and manufacturing during April-September 2024, driven by strong investment demand and easing inflation.

India to witness over 6% employment growth across key industries in April-September

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Balaxi Pharmaceuticals has also made a significant entry into the tender business by securing a tender in a key Latin American market.&nbsp;

Balaxi Pharmaceuticals announces global expansion

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In the warning letter to the company, US Food and Drug Administration said its investigators observed various violations at the finished pharmaceuticals plant located at Kothur Village in Telangana.&nbsp;The USFDA inspected the facility from October 9 to 18, 2023.

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The acquisition will include Ivia Beaute's brands namely Astaberry, Ikin and Bhimsaini on a worldwide basis, the company said.

Cipla to acquire Ivia Beaute's cosmetics, personal care distribution and marketing biz for Rs 130 crore

Pharma shares gave returns ranging from 15% to 90%... Nifty Pharma reached record level.
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Good growth in US generics market – which pharma stocks will benefit? Why did US business pick up pace? How is the growth in the US generic market - know in this video.

Strong Growth in the US Generic Market - Which Pharma Stocks Will Benefit?

Cipla से जुड़ी Big news related to Cipla: Bids to buy promoters' shares will start soon, bids to buy shares possible by the third week of this month.


Big Update On Cipla Pharma: Bids to buy promoters' shares soon-sources

Generic Medicine: What will happen to the plan to make treatment cheaper for the common man? NMC had issued new rules in the past, in which it was mandatory for all doctors to prescribe generic medicines. Failure to do so was said to cancel the license. But later the Indian Medical Association (IMA), Federation of Resident Doctors Association had approached the Central Government and Union Health Minister Mansukh Mandaviya in this regard, after which the decision has been put on hold. in the report.

Aapki Khabar Aapka Fayda: Why did the government withdraw the order to prescribe only generic medicine?

The company’s revenue increased 10 per cent YoY to Rs 2,591 crore in the June quarter as compared to Rs 2,347 crore in the same quarter last year. However, it was lower than the street estimates of Rs 2,639 crore.&nbsp;

Torrent Pharma shares hit 52-week high on growth in June quarter net profit and revenue

According to reports, Blackstone is expected to submit a non-binding bid by next week to acquire the entire promoter stake of 33.47 per cent in Cipla. Blackstone operates across diverse sectors, including real estate, private equity, credit, and infrastructure.

Blackstone likely to acquire promoter stake in Cipla: What is Blackstone? Its history, big acquisitions and controversies

pharma

Relief rally triggers broad-based buying; Sensex gains 1310 pts; Nifty closes at 22,829. 
 

The government has disbursed Rs 1,596 crore under Production-Linked Incentive (PLI) schemes for six sectors, including electronics and pharma, during the April-September this fiscal, an official said.

Zee Business forecasts indicate a three percent year-on-year revenue increase, with Cipla’s Q2 revenue expected at Rs 6,892 crore, up from Rs 6,678 crore in the same quarter last year

Buying advice in IT, Pharma, Metal and FMCG stocks, Nifty Bank will show good bullishness if it goes above 51750: Gautam Shah, Founder &amp; Chief Strategist, Goldilocks Premium Research.

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Latest Pharma News: Zee Business provides the latest pharmaceutical industry news, Pharmacy News about different sectors and their strategies in the Pharma Industry.  It also provides updates on Indian & International Pharmaceutical Company News.