Cipla

The global market for contraceptives is projected to reach a value of $30.05 billion.

The report provides an in-depth analysis of the global contraceptives market, which is expected to grow from $27.92 billion in 2024 to $30.05 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. This growth is driven by the introduction of the birth control pill, increased awareness and education about contraception, legal and social changes promoting reproductive rights, global population control initiatives, and increased use of generic and low-cost drugs and devices. The market is further expected to grow to $40.89 billion in 2029 at a CAGR of 8%.

The report highlights the key trends and drivers in the market, including the growing focus on male contraceptives, increased access to contraception in developing countries, integration of digital health technologies in contraception, rising demand for long-acting reversible contraceptives (LARCs), and growing accessibility to over-the-counter (OTC) drugs on the online platform.

The report also notes that the rising frequency of sexually transmitted illnesses or diseases is driving the demand for contraceptives, with a significant increase in primary and secondary syphilis cases in the US in 2022. The global rise in population rates is also expected to contribute to the growth of the market.

Companies such as Merck & Co. Inc., Bayer AG, Church & Dwight Co. Inc., Cipla Inc., and Reckitt Benckiser Group plc are leading the market, focusing on developing innovative products such as single-rod subdermal implants and subcutaneous injectable contraceptives to improve user convenience, boost effectiveness, and provide long-term birth control solutions.

The report is segmented by product, age group, and distribution channel, covering oral contraceptive pills, topical contraceptives, injectables, diaphragms, vaginal rings, condoms, contraceptive sponges, subdermal implants, and intra-uterine devices. The regions covered include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The following companies collaborate on the production of pharmaceutical products: Caplin Point Laboratories, Hikal, and Cipla.

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Pharmaceutical companies Caplin Point Laboratories, Hikal, and Cipla have received significant updates regarding their relationships with the United States Food and Drug Administration (USFDA).

Caplin Point Laboratories Limited has received final approval for its Abbreviated New Drug Application (ANDA) for Procainamide Hydrochloride Injection USP, a generic version of the reference listed drug (RLD) PRONESTYL, from Apothecon Inc. This approval marks a significant milestone for the company, as it now has a therapeutic equivalent version of the original drug available in the market.

Hikal Limited, on the other hand, has completed a USFDA inspection at its Jigani unit in Bengaluru, Karnataka. The inspection, which took place from February 3rd to 7th, concluded with six observations. Hikal will address these observations and submit a response to the USFDA within the stipulated time frame.

Cipla Limited has also received news, as the USFDA has classified the current Good Manufacturing Practices (cGMP) inspection at its manufacturing facility in Virgonagar, Bengaluru, India, as Voluntary Action Indicated (VAI). This classification indicates that the company has some minor issues to address, but no critical concerns were found. The inspection was conducted between November 7th and 13th, 2024.

Overall, these updates demonstrate the continued efforts of these Indian pharmaceutical companies to maintain compliance with global regulations and383 establish themselves as reliable players in the global pharmaceutical market. By meeting USFDA requirements, these companies can expand their reach and bring innovative and affordable medicines to patients worldwide.

Cipla’s Virgonagar facility has been granted VAI status by the authorities.

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Sun Pharma to fork out a record Rs 1,602 crore penalty, after emerging as the top company in a list of six major pharma firms currently under tax scanner.

Sun Pharma, one of India’s largest drug manufacturers, has been directed to pay a penalty of Rs 1,602 crore (approximately $220 million) to the Indian government. This comes as part of a broader crackdown on tax evasion by several top drug companies in the country. According to a report, the company’s tax demand was made following an investigation by theIncome Tax (I-T) department, which found irregularities in the company’s tax returns.

Sun Pharma is just one of six major drug companies being targeted in the tax scrutiny, which is a significant move by the government to crack down on tax evasion. The other companies include Dr. Reddy’s Laboratories, Lupin Ltd, Cadila Healthcare, Cipla Ltd, and Glenmark Pharmaceuticals. All of these companies are among the top 10 drug makers in the country.

The crackdown is based on alleged violations of the Income Tax Act, the Companies Act, and other laws. The I-T department claims that these companies had understated their taxable income by reclassifying revenues, misstating expenditure, and manipulating accounts. The tax authority has also accused them of failing to disclose information on loan transactions, capital gains, and foreign exchange earnings.

The I-T department’s action is a major development in the country’s pharmaceutical industry, which has been reeling from the impact of recent regulatory changes and tough competition from generic drug makers. While the exact timing of the tax demand is unclear, it is widely believed to be in response to a hint given by the government in 2019 that it would become stricter in enforcing tax laws.

It is worth noting that the companies have the right to appeal against the tax demand and the I-T department’s findings. While some of these companies have already appealed, others have chosen to contest the demand through legal means. The outcome of this high-stakes battle will be keenly watched by investors, taxpayers, and the pharmaceutical industry as a whole.

Cipla Strengthens Ties with South Africa: Elevating its Pharmaceutical Footprint

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Cipla Ltd, a prominent player in the pharmaceutical industry, has announced plans to inject approximately ZAR 900 million (nearly Rs 415 crore) into its South African subsidiary, Cipla Medpro South Africa Proprietary Ltd (CMSA). The subsidiary is responsible for manufacturing, marketing, and supplying pharmaceutical products across South Africa, being a wholly-owned entity of Cipla. The primary goal of this substantial investment is to reduce inter-group debt and enhance the capital structure of CMSA and its subsidiaries.

The proposed transaction is expected to be finalized by February 28, 2025, unless mutually extended, as mentioned in a regulatory filing from Cipla. This investment underscores Cipla’s commitment to strengthening its operations in South Africa, where the company has been present for several decades. With this injection of capital, CMSA will likely benefit from increased financial flexibility, enabling it to expand its production capacity, explore new business opportunities, and continue to provide quality healthcare products to the South African market.

For Cipla, this move is expected to have a positive impact on its overall financial health, as the reduction in inter-group debt will help to bolster its capital structure. The transaction is also seen as a testament to Cipla’s dedication to its commitment to South Africa, where the company has played a significant role in providing essential medicines and supporting the country’s healthcare system. Overall, the investment is a strategic move aimed at reinforcing Cipla’s presence in the South African market and positioning it for long-term growth and success.

The 6th X-CIPLOG Reunion, taking place in 2025, commemorated the year with its events in Mumbai.

The 6th X-CIPLOG Reunion Event 2025, organized by Ex-Cipla, an association of over 500 ex-employees with Cipla, was held in Worli, Mumbai, and celebrated the achievements of 12 distinguished professionals and three pharma organizations of international repute – Cipla, Serum, and Zydus. The event aimed to foster industry-wide collaboration, innovation, and camaraderie while honoring exemplary contributions.

The reunion featured several insightful sessions, including tech talks on emerging digital technologies, panel discussions on work-life balance, and a session on working with multiple companies with different cultures. The event also featured an award ceremony, where Cipla was recognized for its breakthrough in drug delivery through inhalation, including the approval of Afrezza, an inhalable insulin.

The Innovation and Career Excellence Awards 2025 were conferred upon three pharmaceutical organizations – Serum Institute of India for its leadership and innovation in vaccine technology, and Zydus Cadila, honored for its CEO Pankaj Patel’s Padma Bhushan award. The individual awards were given to professionals in various fields, including R&D, marketing, quality assurance, export management, and research and development.

Each awardee was recognized for their outstanding contributions to the pharmaceutical industry, aligning with the vision of “Together We Can Keep the World Healthy.” The event concluded with a renewed commitment to driving advancements in pharmaceuticals for a healthier future.

Global demand for animal depression medication is surging, signaling a significant market growth trend.

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The Animal Depression Medication Market Report provides in-depth insights into the global animal depression medication market, including the current market size, growth trends, competitive landscape, and market opportunities. The report highlights the increasing number of pet owners and humanization trends, growing awareness of animal mental health, advancements in veterinary pharmaceuticals, and increased spending on veterinary care as key drivers of the market growth.

The report also provides strategic recommendations for the animal depression medication market, including focus on research and development, personalized treatment plans, education and training for veterinarians, collaboration with behavioral specialists, and utilization of digital platforms for outreach.

The market analysis is divided into regional segments, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report highlights the presence of key players in each region, including Torrent Pharmaceuticals Limited, Elite Pharma Private Limited, Biomax Laboratories, Intas Pharmaceuticals Limited, Cipla Limited, and Eli Lilly and Company.

The key highlights of the report include:

* Comprehensive analysis of the Animal Depression Medication Market
* Identification of market size and growth trends
* Competitive landscape assessment, including key players and their strategies
* Consumer behavior insights related to Animal Depression Medication usage
* Emerging trends and opportunities in the Animal Depression Medication Market

The report is designed to assist stakeholders in understanding the animal depression medication market dynamics, identifying new business opportunities, and developing effective strategies for success.

Cipla says Trump’s decision to freeze foreign aid won’t have a significant impact on their business, according to Umang Vohra.

Cipla, an Indian drugmaker, does not expect a significant impact from the US administration’s decision to pause foreign aid, including the President’s Emergency Plan for AIDS Relief (PEPFAR), on its business. PEPFAR is not a major contributor to Cipla’s revenue, with annual sales of PEPFAR products estimated to be less than $5 million. The company’s managing director and global CEO, Umang Vohra, stated that there is also little margin on these sales. PEPFAR is a global program aimed at fighting HIV, and while it has had a significant impact, with 26 million lives saved since its launch in 2003, it is a relatively small portion of Cipla’s business.

Cipla has diversified its business model over the past three years, reducing its dependence on tenders from 18% in FY17 to low single-digit levels in FY24. The company has invested $100 million in setting up plants in the US and has a strong capacity in oral solid dosage manufacturing. In fact, the company reported a consolidated net profit of ₹1,571 crore for the December quarter.

Despite the pause on foreign aid, Cipla is not seeing a significant impact on its business. Vohra stated that it is too early to predict the Trump administration’s import tariff policy, but noted that the company has de-risked and diversified its business model. Overall, Cipla’s business remains robust, driven by its presence in 64 countries and a strong portfolio of antiretroviral medications.

Eye on key earnings announcements: TVS Motor, Piramal Pharma, JSW Energy, Hindustan Zinc, Hyundai and Cipla are among the companies set to release their Q3 results today – Industry Insights

Here is a summary of the Q3 results 2025 live updates in 400 words:

Major companies across sectors have released their third-quarter results for financial year 2024-25. The Q3 earnings season is expected to be another quarter of modest performance with Nifty 50 PAT growth at 5.8 per cent YoY. JM Financial has warned of downside risks to its FY25E EPS growth expectation of 5.1 per cent. According to their analysis, 49 per cent of companies in their universe are at risk of EPS cuts.

Several companies are releasing their Q3 results today, including TVS Motor Company, Hindustan Zinc, Hyundai Motor India, GMR Airports, Bajaj Auto, Cipla, UTI Asset Management Company, TTK Prestige, VIP Industries, and more. Live updates are available for these companies.

Bajaj Auto reported a profit rise of 8.02 per cent to Rs 2,195.65 crore, driven by strong growth in the auto replacement and auto exports market segments. Exide Industries reported a profit drop of 21.83 per cent to Rs 158.44 crore, mainly due to a slowdown in govt. capex and other macroeconomic factors.

JSW Infrastructure reported a profit rise of 31.56 per cent to Rs 329.76 crore, while CG Power reported a profit drop of 67.82 per cent to Rs 240.53 crore. Hyundai Motor reported a profit drop of 18.56 per cent to Rs 1,160.73 crore, citing challenges in the overall market.

Cipla reported a profit of Rs 1,570.51 crore, beating estimates, with a revenue growth of 7.10 per cent YoY. The company’s performance was driven by growth across all geographies, despite a supply challenge in the US.

Other companies releasing Q3 results today include Suzlon Energy, Star Health & Allied Insurance Company, Motilal Oswal Financial Services, Piramal Pharma, Novartis India, Modi Naturals, JSW Energy, Lloyds Metals and Energy, JSW Infrastructure, Mahindra & Mahindra Financial Services, and Mahanagar Gas.

Cipla’s Q3 revenue is expected to rise by up to 7% year-over-year, while margins are forecast to decline both year-over-year and sequentially.

Pharmaceutical company Cipla is expected to report a 3.1-7% year-on-year growth in its December quarter revenue, driven by demand for certain drugs, according to estimates by four brokerages. The topline range for Q3FY25 is projected to be between Rs 6,807-7,070 crore. Net profit after tax (PAT) is expected to be in the range of Rs 1,170-1,217 crore. Bank of Axis and PhillipCapital are the most optimistic, estimating a 14% and 3% YoY growth respectively, while Nuvama is the most conservative, expecting a 2.2% decline.

The company’s margin is expected to face pressure both sequentially and year-on-year due to supply chain disruptions and other factors. The market will watch closely for updates on drugs like Abraxane and Lanreotide, as well as the launch timelines for other products. The company will announce its quarterly earnings on January 28, 2025.

Brokerage estimates for Q3FY25 are as follows:

* Axis Securities: Revenue: Rs 6,952 crore, PAT: Rs 1,217 crore
* Nuvama: Revenue: Rs 6,807 crore, PAT: Rs 1,170 crore
* Centrum Broking: Revenue: Rs 7,000 crore, PAT: Rs 1,200 crore
* PhillipCapital: Revenue: Rs 7,070 crore, PAT: Rs 1,201 crore

Investors will be watching for updates on Cipla’s progress in resolving the Lanreotide supply issue, the timeline for key launches like Advair and Symbicort, and the company’s performance in the US market.

The pharma industry is likely to experience a slow pace of profit expansion in the third quarter.

Pharmaceutical companies in India are expected to experience slower profit growth in the October-December 2024 quarter compared to the previous two quarters. According to analysts, sales growth is projected to be around 10-12% and earnings before interest, taxes, depreciation, and amortisation (EBITDA) growth of 13-15%. The growth momentum is expected to slow down due to pricing pressures and a high base effect.

Large companies such as Dr Reddy’s Laboratories (DRL) and Sun Pharma are expected to contribute to the sales growth, with DRL projected to achieve over 10% growth in its India business. Mid-sized companies like JB Pharma, Torrent Pharma, and Mankind Pharma are likely to outperform with 11-13% year-on-year (YoY) growth, driven by their chronic portfolios.

In contrast, Cipla and Zydus are expected to report relatively weaker growth of 6-8% YoY due to supply constraints and base effects. The US generics segment is projected to remain flat due to price erosion and limited significant launches.

Overall, EBITDA is expected to grow by up to 15% YoY, but margins are expected to remain flat. Cipla and DRL are likely to face margin contraction, while Sun Pharma, Lupin, and Divi’s Laboratories are expected to report strong margin expansion.

The performance of key pharma players will be closely monitored by investors, particularly with respect to their outlook and commentary on margins. Updates on DRL approval timelines for large products in the US, Biocon’s outlook following the clearance of its facilities for biosimilars, and Aurobindo Pharma’s progress towards breakeven for its Penicillin G capacity will also be crucial.

Cipla’s Goa facility receives USFDA observation

Cipla, a leading pharmaceutical company, has received one observation from the United States Food and Drug Administration (USFDA) at its Goa facility. The observation was received during a recent inspection of the facility, which is a critical step in the approval process for exporting pharmaceutical products to the US market.

The observation is a common occurrence during inspections, and it does not necessarily mean that the facility is non-compliant with USFDA regulations. Instead, it is an opportunity for the facility to address any minor issues or deficiencies identified during the inspection.

Cipla has a strong track record of compliance with USFDA regulations, and the company is committed to maintaining the highest standards of quality and compliance at all its facilities. The company has a robust quality management system in place, which ensures that all its products meet the required standards of quality, safety, and efficacy.

The Goa facility is one of Cipla’s largest and most modern facilities, and it is equipped with state-of-the-art technology and equipment. The facility is dedicated to the manufacture of complex generics and specialty products, and it has received approvals from several regulatory agencies, including the USFDA.

Cipla has a global presence, with operations in over 80 countries, and it is one of the largest pharmaceutical companies in India. The company has a strong commitment to innovation, quality, and compliance, and it is dedicated to making a positive impact on the lives of patients around the world.

In conclusion, the observation received by Cipla’s Goa facility is a minor issue that does not impact the company’s overall compliance with USFDA regulations. Cipla is committed to addressing the observation and ensuring that its facilities meet the highest standards of quality and compliance. The company’s strong track record of compliance and its commitment to innovation and quality make it a trusted partner for patients and healthcare providers around the world.