Pharmaceuticals Financial News

18.09 / 08:59

UPS Trade show country Pharmaceuticals Japan's trade deficit grows while both imports, exports fall short of forecasts

Japan has posted a trade deficit for a second straight month, as both exports and imports were lower than expected

16.09 / 10:06

markets UPS IPO Provident Booking Trade Pharmaceuticals Biotech solutions provider Fabtech Technologies files IPO papers with Sebi

Fabtech Technologies, a turnkey engineering solutions provider for the pharmaceuticals, biotech and healthcare industry has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 10 per equity share is entirely a fresh issue of up to 1.20 crore equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.

15.09 / 07:28

markets UPS BABA Courts Pharmaceuticals Kalyani family feud could take a fresh turn as a crucial will surfaces

Subscribe to enjoy similar stories. The dispute between the families of Bharat Forge Ltd’s chief Baba Kalyani and his siblings over family assets estimated to be worth billions of dollars may take a fresh turn with the surfacing of a court affidavit filed two years ago.

13.09 / 19:17

markets Target security Research Bill innovations Pharmaceuticals Congress targets Chinese influence in health tech. It could come with tradeoffs

A San Jose-based biotechnology company that helps doctors detect genetic causes for cancer is among those that could be cut out of the U.S. market over ties to China

12.09 / 11:21

markets Research country innovations medicines Vaccines Pharmaceuticals Kiran Mazumdar-Shaw calls for innovation-driven value creation in India's biotech sector

Biocon Chairperson Kiran Mazumdar-Shaw on Thursday called for more investment in research and development to drive innovation and foster culture of intellectual property. She highlighted how the country, already the world's largest exporter of generics and a major player in vaccine production, can achieve greater value by nurturing innovation. Mazumdar-Shaw called for a shift in focus toward value creation through innovation. «India ranks 14th in terms of value in the global pharma landscape. We need to invest in R&D and foster a culture of intellectual property to capture greater value,» she said. Addressing a session during the Global Bio-India 2024 event, she positioned the country as a future global leader in biosciences and innovation.

12.09 / 03:15

Analysis trends Trade Experts recommendations Pharmaceuticals BEML, GRSE among 76 stocks to trade ex-dividend tomorrow. Do you own any?

GRSE) and 74 other companies are likely to remain in focus today as they have set September 13 as the record date to determine shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends.

11.09 / 00:50

Provident Death country reports medicines symptoms Pharmaceuticals Acetaminophen among Health Canada recalls from Canadian pharma brand

Health Canada is issuing a recall for vitamins and medicines sold by Canadian pharmaceutical brand JAMP Pharma, the health agency said in recall notices.

10.09 / 10:17

UPS IPO trends Trade band Pharmaceuticals Logistics firm Western Carriers sets IPO price band at Rs 163-172/ share

IPO). The Kolkata-based company's initial share-sale will be available for public subscription from September 13 to September 18 and the bidding for anchor investors will open for a day on September 12, the company announced. The IPO comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer For Sale (OFS) of up to 54 lakh equity shares worth Rs 93 crore, at the upper end of the price band, by promoter Rajendra Sethia.

10.09 / 08:16

markets FIVE Align trends Trade innovations Pharmaceuticals These five stocks could be on the verge of a breakout in this euphoric market

Dabur has hit a new all-time high, aligning with the broader bullish trend in the FMCG sector. The stock broke through its technical resistance level of ₹600 and surged to ₹662 before undergoing a retest. It successfully formed an inverted head-and-shoulders pattern, which is a strong bullish reversal signal.

09.09 / 22:38

Apple J&J patient Courts Updates Pharmaceuticals Johnson & Johnson told to pay ₹35 lakh each as compensation to hip implant victims

National Consumer Disputes Redressal Commission (NCDRC) has directed Johnson & Johnson to pay ₹35 lakh in compensation to each of the patients who had approached it claiming to have adversely affected after receiving a faulty hip implant of the multinational pharmaceutical company.

07.09 / 08:28

Action Arrow stars rights International Pharmaceuticals Vedanta, BEML, among 140 stocks to remain in focus next week for dividend, bonus, split. Do you own any?

Vedanta, BEML and HUDCO among a host of other companies are likely to remain in focus next week as they are approaching their record dates for the purpose of dividend, bonus issues, rights issues and stock split. The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.

06.09 / 21:38

markets WhatsApp Healthcare Department Pharmaceuticals Medical devices cos asked to adopt uniform marketing code

medical devices associations to adopt a uniform code for marketing practices similar to the one for pharmaceuticals companies, prohibiting them from organising workshops abroad for healthcare professionals and offering them hotel stay, expensive cuisine or monetary grants. As part of its bid to check unethical practices in the pharma industry, the Department of Pharmaceuticals (DoP) has asked medical devices companies to upload the Uniform Code for Marketing Practices in Medical Devices (UCMPMD) 2024 on their website along with the detailed procedure for lodging of complaints with link to the UCMPMD portal of the department. It also asked companies to constitute an Ethics Committee for Marketing Practices in Medical Devices (ECMPMD).

06.09 / 03:51

UPS Target security Diversity stage Pharmaceuticals VentureSoul Partners declares first close of Rs 600 crore maiden fund; raises Rs 146.5 crore

debt firm VentureSoul Partners has completed the first close of its Rs 600 crore maiden fund, raising Rs 146.5 crore. The fund plans to make debt investments in approximately 25 startups, with an average cheque size of Rs 20-25 crore, founder Kunal Wadhwa told ET. VentureSoul Partners, founded by former banking professionals Anurag Tripathi, Ashish Gala, and Wadhwa, is a Sebi-registered Category II Alternative Investment Fund (AIF). The firm is targeting a corpus of up to Rs 300 crore, with an additional Rs 300 crore in greenshoe options.

05.09 / 14:47

UPS FIVE Analysis Investigations Pharmaceuticals 5 takeaways from AP's report on the big backlog of uninspected drug factories

Nearly five years after COVID-19, a new analysis by The Associated Press shows that U.S. regulators are struggling to address a massive backlog of uninspected pharmaceutical plants

05.09 / 13:47

UPS Manufacturing reports testing International Pharmaceuticals Nearly 2,000 drug manufacturing plants are overdue for FDA inspections after COVID delays, AP finds

U.S. health inspectors are still struggling to address a massive backlog of pharmaceutical plants that went uninspected during disruptions caused by COVID-19

05.09 / 12:26

markets WhatsApp Trade Updates Pharmaceuticals Stock market update: Nifty Pharma index falls 0.12%

Shares of Laurus Labs Ltd.(up 2.82 per cent), Mankind Pharma Ltd.(up 2.47 per cent), Ipca Laboratories Ltd.(up 2.25 per cent), Sanofi India Ltd.(up 2.21 per cent) and Glenmark Pharmaceuticals Ltd.(up 1.36 per cent) ended the day as top gainers in the pack.

05.09 / 06:51

markets UPS Trade reports Updates Pharmaceuticals Stock market update: Nifty Pharma index advances 0.78% in a weak market

Biocon Ltd.(up 3.63 per cent), Laurus Labs Ltd.(up 3.61 per cent), Mankind Pharma Ltd.(up 2.88 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 2.8 per cent) and Ipca Laboratories Ltd.(up 1.96 per cent) were among the top gainers.

05.09 / 04:41

markets IPO Manufacturing Food trends Trade Pharmaceuticals Boss Packaging Solutions IPO allotment: Check status, GMP, listing date and other details

Brace Port Logistics is likely to finalize the share allotment today. Investors can check the status of the Boss Packaging Solutions IPO allotment by logging into the official website of the registrar, Kfin Technologies. Follow the step-by-step process mentioned below to check the status of allotment.

05.09 / 01:52

markets President reports Department medicines guidelines Pharmaceuticals Freebies for doctors? Govt is watching drugmakers

₹1,000 crore to doctors to prescribe the pain and fever reliever. Two years later, the government has decided to sharpen its glare on the marketing practices of pharmaceutical firms amid reports of these companies offering a range of freebies to doctors to promote their medicines. The department of pharmaceuticals, under the ministry of chemicals and fertilizers, has sought expenditure details from these companies on distribution of free samples, and expenses incurred on organising conferences, workshops, training and seminars, as part of a broader initiative to curb unethical marketing practices by drugmakers.

04.09 / 16:40

markets SUN Enterprise hospital Updates Pharmaceuticals Stock market update: Sugar stocks down as market falls

KCP Sugar & Industries Corporation Ltd.(up 5.00%), Bannari Amman Sugars Ltd.(up 2.35%), EID Parry(India)Ltd.(up 1.55%), Shree Renuka Sugars Ltd.(up 1.50%), Ponni Sugars(Erode)Ltd.(up 0.80%), DCM Shriram Industries Ltd.(up 0.58%), Ugar Sugar Works Ltd.(up 0.54%), Rajshree Sugars & Chemicals Ltd.(up 0.53%), Dhampur Sugar Mills Ltd.(up 0.50%) and KM Sugar Mills Ltd.(up 0.36%) stood among the top gainers.

04.09 / 06:41

markets Provident CEO Experts innovations recommendations Pharmaceuticals DCGI approves eye drops that can improve vision and get rid of glasses, sales start next month

reading glasses. Mumbai-based Entod Pharmaceuticals announced the final approval for PresVu eye drops, with plans to launch the product in the domestic market in the first week of October.

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