News | May 18, 2021
Outlook intact for Dr. Reddy's Laboratories : ICICI Securities
India sales grew 23.5% YoY with consolidation of Wockhardt products
India sales grew 23.5% YoY with consolidation of Wockhardt products
New agreement for three further production lines at Lonza’s site in Visp, Switzerland
GSKP announced sale of its newly constructed manufacturing plant at Vemgal, Karnataka to Hetero Labs for a cash consideration of Rs1.8bn
Merck forecasts organic growth of EBITDA pre in a high single-digit to low teens percentage range in 2021.
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The company expects to generate an EBITDA margin before special items of around 27 percent in 2021.
The company continued to maintain clear FDA status across its plants and has received 12 ANDA approvals during 9MFY21
Post approval under the PLI scheme, Aurobindo will become a very large player in anti-biotic space.
Dr Christiane Hamacher, has stepped down as the MD of Biocon Biologics and will be succeeded by Dr Arun Chandavarkar.
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