According to CareEdge Ratings, the domestic pharmaceutical business is predicted to reach $57 billion by FY25, with operating margins increasing by 100-150 basis points (bps). From FY18 to FY23, the Indian pharmaceutical business grew at a 6-8%...
Major players with exposure to the US market, including Zydus Lifesciences, Torrent Pharma, Aurobindo Pharma, and Ajanta Pharma, are expected to be the primary beneficiaries of this upcycle, the report said...
To ease the process of pharma exports and facilitate the transmission of pharma exporting goods, the Union Ministry of Communications has launched the Dak Ghar Niryat Kendra (DNK) portal for commercial customers or MSMEs to export goods seamlessly...
The Karnataka government has offered a boost to health and lifescience firms, with an emphasis on infrastructure and innovation. With a grant of Rs. 300 crore and an allocation of Rs. 14,950,496 crore for healthcare, the state has asked...
Alkem Labs has announced its entry into the field of ophthalmology with the release of a comprehensive portfolio of low-cost, high-quality eye care products. This strategic expansion demonstrates Alkem's dedication to innovation and meeting....
Asieris Pharmaceuticals, a global biopharmaceutical company specialising in the discovery, development, and commercialization of innovative drugs for the treatment of genitourinary tumours and other related diseases, announced the completion...
Indian pharmaceutical & nutraceutical companies are increasingly recognizing the advantages of outsourcing various aspects of their operations, intensifying their focus on this strategic approach to offer a competitive cost structure, which makes ...
Moderna Inc, a vaccine manufacturer, announced earlier this week that it had signed a memorandum of understanding and a land collaboration agreement to explore opportunities to research, develop, and manufacture mRNA medicines in China...
In India, Dr. Reddy's Laboratories has introduced CeleHealth Kidz Immuno Plus Gummies. Immunity-boosting gummies are fortified with a scientifically designed blend of ingredients including Wellmune, prebiotics, and other essential vitamins and...
Biocon Biologics Ltd said that it has completed the integration of the acquired biosimilars business in over 70 countries in Emerging Markets, which will take effect on July 1, 2023, enhancing the company's scale and breadth...
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