Lack of new launches due to inspection delays, intensifying competition key headwinds
Morepen Laboratories board approved the issue of up to 5 crore equity shares to Liquid Holdings, an entity belonging to the promoter group of the company, at a price of Rs 38 per equity share
Private sector in India is looking to pool their demand for effective procurement of vaccines to ensure uninterrupted access to the lifesaving vaccines, healthcare and industry federations said
"He has asked the industry to prioritise deliveries to meet the country's needs first and then focus on global supplies," said a person in the know, who did not wish to be named.
18 new sites get DCGI consent to make antiviral used for treating Covid-19
Pfizer CEO has said a 3rd booster shot likely within a year of vaccination
Ramping up vaccine availability has become critical
The vaccine would be transported in frozen form by air and road
Colour-coded doses will have two different antigens
However, analysts say these stocks may not deliver bumper returns like last year
Two such vaccines are Covishield, made by the Serum Institute of India (SII), and Covaxin by Bharat Biotech
Russia's Sputnik V is another contender to get approval from the Indian drug regulator
The government on Wednesday said that all seven manufacturers of remdesivir in the country have been asked to ramp up production to full capacity by next week.
Biotechnology major Biocon on Monday said its subsidiary has joined hands with Libbs Farmaceutica to launch generic drugs in Brazil, the world's sixth most populous country.
Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers
Drug major Natco Pharma on Friday said its board has approved acquiring about 1 per cent stake in its Canadian subsidiary
Senior officials in New Delhi confirmed that there was no ban on exports from India, and no plans to do so either.
The top 10 investments accounted for 69 per cent of the total deal value, according to Aurum Equity Partners
Gland Pharma to make 252 mn doses, Hetero 100 mn doses, Strides may also join the fray
Anupam Rasayan's Rs 760-crore offer was subscribed 45 times; Kalyan Jewellers' IPO was subscribed 60 per cent on the first day of the issue