by newsworm | Mar 11, 2025 | Alkem, Lupin, Mankind, Pharma, Torrent Pharma
The cost of Empagliflozin, a crucial drug for managing diabetes and its associated conditions, is set to drop significantly in India. The price of the medicine, which was previously around Rs 60 per tablet, will be reduced to just Rs 9 per tablet, making it more... by newsworm | Feb 28, 2025 | Pharma, Torrent Pharma
Torrent Pharma, a prominent Indian pharmaceutical company, has announced that its Executive Director (Strategic Planning), Pranav Mehta, has resigned from his position. The company has not disclosed the exact date of Mehta’s departure, but it was a sudden... by newsworm | Feb 21, 2025 | Pharma, Sun Pharma, Torrent Pharma
The Indian pharmaceutical sector, represented by the CNXPHARMA index, saw a decline of 1.7% on June 14, with 19 out of its 20 constituents trading in the red. This comes as the index has lost around 7.6% over the past two weeks, due to uncertainty surrounding US... by newsworm | Feb 21, 2025 | Aurobindo Pharma, Lupin, Pharma, Sun Pharma, Torrent Pharma
Citi Research has warned that the potential imposition of 25% tariffs on pharmaceutical imports by US President Donald Trump has added to the uncertainty in the Indian pharma space. The brokerage firm recommends focusing on Dr. Reddy’s Laboratories, Sun... by newsworm | Feb 20, 2025 | Alkem, Aurobindo Pharma, Biocon, Cipla, Lupin, Natco, Pharma, Sun Pharma, Torrent Pharma, Zydus
India’s top pharmaceutical companies delivered a mixed performance in the third quarter of fiscal 2025, with revenue growing 9% year-on-year and EBITDA and net profit rising 13% and 17%, respectively. Among the top performers were Lupin, Cipla, Sun Pharma, and... by newsworm | Feb 18, 2025 | Pharma, Torrent Pharma
Torrent Pharmaceuticals Ltd. has been penalized Rs 20.96 lakh by the Joint Commissioner of State Tax in Lucknow under Section 73 of the Goods and Services Tax Act. The penalty was imposed for alleged irregularities in the company’s input-tax-credit availment and...