Donation of laboratory equipment worth ₹1.3 crore, useful for chemistry, pharmacy and Central Instrumentation Lab ‘Element’ of Andhra University, was announced on Sunday by Viatris, a US-based pharmaceutical firm. The equipment comprises HPLCs, spectrophotometers, humidity and cooling chambers, electronic analytical balances, centrifuges, polarimeter, refractometer and water purification systems.AU alumni Deva Puranam, who heads Global Quality Investigations and Regulatory…
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Category: Pharma
Ludhiana: Over 700 D-Pharmacy certificates issued by suspects, says Vigilance – The Tribune India
Ludhiana: Over 700 D-Pharmacy certificates issued by suspects, says Vigilance The Tribune India
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Private pharmaceutical company, Sun Pharma files petition in HC against Health Department over unpaid dues – Janam TV English
Private pharmaceutical company, Sun Pharma files petition in HC against Health Department over unpaid dues Janam TV EnglishKerala High Court seeks responses of govt., medical services corporation on plea by pharma company on payment delay The Hindu
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Pharmacies urged not to sell antibiotics sans prescription – Times of India
Pharmacies urged not to sell antibiotics sans prescription Times of India
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Subdued Growth No Barrier To Alembic Pharmaceuticals Limited (NSE:APLLTD) With Shares Advancing 25%
Alembic Pharmaceuticals Limited (NSE:APLLTD) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. Looking back a bit further, it’s encouraging to see the stock is up 70% in the last year. Since its price has surged higher, given around half the companies in India have price-to-earnings ratios (or “P/E’s”) below 31x, you may consider Alembic Pharmaceuticals as a stock to potentially avoid with its 34.9x P/E…
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Boots stores to close today in latest blow to British high streets
Boots will pull the plug on two of its stores today leaving locals with no choice but to find an alternative pharmacy.It follows months of UK-wide closures which were announced by the health and beauty giant last year, and saw the retailer’s store portfolio reduce to 1,900.Now loyal Boots customers have been hit with a second wave of closures after the pharmacy chain revealed that 300 more would follow suit.Today, branches in Cliftonville and Biggin Hill will lock their doors for good,…
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Source: https://www.express.co.uk/life-style/life/1857937/Boots-pharmacy-store-closures-latest
Pharma riding on strong tailwinds into 2024
Nifty Pharma returned 37 per cent in the past year which is significantly higher than Nifty 50’s 20 per cent returns. While the one-year forward valuations for key stocks have expanded too, stock returns are in most cases even higher. This implies that earnings expectations from these stocks have expanded as well. A good run in both sentiment and financials is expected for Pharma in 2024, going by the numbers. What’s the situation on ground?
Sectoral outlook
On the positive side, markets…
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Boots stores to close today in latest blow to British high streets
Boots to close multiple stores today in latest blow to British high streets (Image: Getty)Boots will pull the plug on two of its stores today leaving locals with no choice but to find an alternative pharmacy.It follows months of UK-wide closures which were announced by the health and beauty giant last year, and saw the retailer’s store portfolio reduce to 1,900.Now loyal Boots customers have been hit with a second wave of closures after the pharmacy chain revealed that 300 more would…
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Source: https://www.express.co.uk/life-style/life/1857937/Boots-pharmacy-store-closures-latest/amp
Department of Pharmaceuticals to Provide Financial Aid for MSMEs
New Delhi, Jan 20 (KNN) The Department of Pharmaceuticals has put forth a proposal to extend financial support to Micro, Small, and Medium Enterprises (MSMEs) in their efforts to upgrade facilities and enhance the quality of medicines.
According to Arunish Chawla, Secretary of the Department of Pharmaceuticals, MSMEs can avail financial assistance through the Pharmaceutical Technology Upgradation Assistance Scheme.
Chawla emphasised that this scheme provides a new avenue for…
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Fake pharmacy raided, drugs worth Rs 10L seized
The Iswarya Fertility Center. Hyderabad: The Drugs Control Administration (DCA) on Saturday, January 20, busted a pharmacy with a fake drug license in Malakpet and seized huge stocks of medicines worth Rs. 10 lakhs. As per reports, Iswarya Fertility Center, which is running a pharmacy under the name of ‘Iswarya Fertility Services Pvt. Ltd.’, presented a forged drug license to the DCA officials. The DCA said that the Head of Administration of Iswarya Fertility Center, Anil…
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Source: https://www.siasat.com/hyderabad-fake-pharmacy-raided-drugs-worth-rs-10l-seized-2960259/