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Apollo Hospitals to raise capital for next round of expansion

Looming pandemics on the rise, urgent need for facilities across country: Chairman Bengaluru, Dec 24, 2014 Apollo Hospitals plans to raise “millions of dollars” that can help the healthcare chain open new hospitals all over the country, says Chairman Prathap C...

Biocon Q3FY16 Net Profit Up 13% at Rs 103 Crore; EBITDA Increases 23% to...

Bengaluru, January 23, 2016: Biocon Ltd , Asia's premier biopharmaceuticals company, announced Q3 FY16 results today. Commenting on the quarterly performance and highlights, Chairperson and Managing Director, Kiran Mazumdar-Shaw stated : “Biocon’s four most advanced biosimilar and generic insulin programs,...

Pfizer’s $11 billion buyback plan deflates AstraZeneca bid hopes

London - U.S. drugmaker Pfizer is to continue buying back stock, with the board authorizing a new $11 billion share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca. Shares in AstraZeneca fell 1.2 percent by...

Dr. Lal PathLabs Limited records growth of 17.7% in Q1 FY2016-17

New Delhi, July 30, 2016: Dr. Lal PathLabs Limited (referred to as the “Company”; NSE: LALPATHLAB, BSE: 539524), a leading diagnostic and related healthcare service provider announces their financial results for the quarter ended June 30, 2016 Consolidated Performance Highlights:...

Pharmaceutical exports up 3% to $17.3 billion in 2017-18

New Delhi, August 12, 2018: India's pharmaceutical exports grew merely 3 percent to $17.3 billion in 2017-18 due to increasing regulatory concerns and pricing pressures in the global markets, including the US. The sector's exports in 2016-17 had declined to...

Dental Care Services market is expected to reach over INR 14,700 Crore by 2020:...

Gurgaon, May 10, 2016: KEN RESEARCH announced its latest publication on "INDIA DENTAL CARE SERVICE MARKET OUTLOOK TO 2020 - INCREASING AWARENESS ON ORAL CARE AND RISING NUMBER OF ORGANIZED PLAYERS TO FOSTER FUTURE GROWTH" which provides a comprehensive...

Testing on 42,000 drugs to ‘prove quality to world’

Mega survey will be completed in 6-8 months, says Drugs Controller Hyderabad, May 28, 2015: A mega survey involving testing of 42,000 samples of Indian drugs for quality will be completed in the next six to eight months, according to GN...

Middle East and Africa pharma economy to reach US$38.8bn by 2021

CPhI Middle East & Africa opens in Abu Dhabi as finished dosage formulations expand quickly, driven by government reforms to further increase local manufacturing Amsterdam, August 15, 2018: CPhI MEA (Middle East and Africa) launches next month as favourable market conditions are...

Teva Reports First Quarter 2018 Financial Results

Revenues of $5.1 billion Free cash flow of $1.9 billion GAAP EPS of $1.03 Non-GAAP EPS of $0.94 Restructuring plan on-track to achieve $1.5 billion of savings in 2018 and $3.0 billion by the end of 2019 Raising 2018 full year guidance: Non-GAAP EPS guidance raised...

Biologics, research boost Biocon profit

Firm’s net rises 47% for June quarter New Delhi, July 26, 2018: India’s largest biopharmaceutical firm Biocon announced that consolidated net profit rose 47% for the three months ended June 30 compared with the year-earlier period driven by growth in...