IPP Bureau

IPCA Q4FY21 consolidated net profit slides QoQ to Rs. 161.34 Cr
IPCA Q4FY21 consolidated net profit slides QoQ to Rs. 161.34 Cr

By IPP Bureau - May 29, 2021

The company has posted net profit of Rs.1140.01 crores during FY 2020-21

Zydus new initiative to safeguard patients against counterfeit drugs
Zydus new initiative to safeguard patients against counterfeit drugs

By IPP Bureau - May 29, 2021

The patients can check to see if the product purchased by them is genuine or not by scratching the surface and verifying the code through the app or the website

SMS Pharmaceuticals posts Q4FY21 consolidated PAT of Rs. 22.21 Cr
SMS Pharmaceuticals posts Q4FY21 consolidated PAT of Rs. 22.21 Cr

By IPP Bureau - May 29, 2021

It posted net profit of Rs.60.96 crores for the 12 months period ended March 31, 2021

Glenmark Q4 FY 2020-21 revenue grows 3.3%; Net profit up 6.2%
Glenmark Q4 FY 2020-21 revenue grows 3.3%; Net profit up 6.2%

By IPP Bureau - May 29, 2021

For the year ended March 31, 2021, consolidated revenue was at Rs. 10,943.9 crores as against Rs. 10,641 crores, recording an increase of 2.8% over the previous corresponding period

Zydus Cadila's COVID Vaccine in advance stage of trial; Q4 FY21 income up 3%
Zydus Cadila's COVID Vaccine in advance stage of trial; Q4 FY21 income up 3%

By IPP Bureau - May 28, 2021

The company has registered total income of Rs. 3,847 crores for Q4 FY21, up by 3% on a y-o-y basis from Rs. 3,752 crores registered during corresponding period of the previous year

TLC partners Strides to launch Mucormycosis drug in India
TLC partners Strides to launch Mucormycosis drug in India

By IPP Bureau - May 28, 2021

Mucormycosis drug AmphoTLC will be imported from Taiwan by Stelis Biopharma Private Limited (Stelis), the biotech arm of Strides group, and will be launched and distributed in India immediately by Strides

Lupin receives US $50 mn on achieving cancer milestone
Lupin receives US $50 mn on achieving cancer milestone

By IPP Bureau - May 28, 2021

MEK inhibitor compound (LNP3794) developed as part of its oncology pipeline had previously shown pre-clinical activity as a single agent as well as in combination

Remdesivir demand was exaggerated: Dr. Sharvil Patel
Remdesivir demand was exaggerated: Dr. Sharvil Patel

By IPP Bureau - May 28, 2021

Dr. Sharvil Patel cites the example of prescriptions being handed over to patients despite unavailability of enough stock of such medicines

Bharat Biotech signs MoU with GCVC for COVID Vaccine
Bharat Biotech signs MoU with GCVC for COVID Vaccine

By IPP Bureau - May 28, 2021

It is expected that the drug substance would be available from August 2021 which will be supplied back to Bharat Biotech for producing COVAXIN

Sun Pharma acquires rights for Oxra, Oxramet and Oxraduo from AstraZeneca
Sun Pharma acquires rights for Oxra, Oxramet and Oxraduo from AstraZeneca

By IPP Bureau - May 28, 2021

Consequently, AstraZeneca India and Sun Pharma have now discontinued the Distribution Agreement signed in 2016 and have entered into a Transition Supply Agreement with effect from 28th May 2021

Cadila Healthcare posts consolidated PAT of Rs. 679 Cr
Cadila Healthcare posts consolidated PAT of Rs. 679 Cr

By IPP Bureau - May 27, 2021

Cadila Healthcare has reported total income of Rs.15139.4 crores FY 2020-21

Strides Pharma Science posts consolidated PAT of Rs. 46.08 Cr in Q4FY21
Strides Pharma Science posts consolidated PAT of Rs. 46.08 Cr in Q4FY21

By IPP Bureau - May 27, 2021

Strides Pharma Science reported total income of Rs.3367.29 crores during FY 2020-21

Sun Pharma Q4 FY21 net profit up 124%
Sun Pharma Q4 FY21 net profit up 124%

By IPP Bureau - May 27, 2021

The company reported net profit for FY21 at Rs. 2,903.8 crore, lower by 23% over last year

Pfizer registers Q4FY21net profit at Rs 100 Cr
Pfizer registers Q4FY21net profit at Rs 100 Cr

By IPP Bureau - May 26, 2021

Revenue from operations for the year ended March 31, 2021 is ?2,239 crore

Zydus and TLC sign agreement to market Liposomal Amphotericin B in India
Zydus and TLC sign agreement to market Liposomal Amphotericin B in India

By IPP Bureau - May 26, 2021

With the surge of infections in India in the recent days AmphoTLC will address the country's acute liposomal amphotericin B shortage

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