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Articles for Pharma

Lupin To Buy 21 Branded Drugs From Japan's Shionogi

The portfolio will be transferred to Lupin on Dec. 31, subject to regulatory approvals and certain closing conditions, the companies said

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GlaxoSmithKline And Alphabet Create $715 Million Bioelectronics Firm

Verily Life Sciences - known as Google's life sciences unit until last year - and Britain's biggest drugmaker will together contribute 540 million pounds over seven years to Galvani Bioelectronics

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Indoco Remedies Q1 Net Marginally Down At Rs 19.8 Crore

Indoco Remedies on Friday reported a marginal decline in net profit at Rs 19.8 crore for the June quarter against Rs 20.8 crore in the corresponding period last fiscal

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Ajanta Pharma Gets USFDA Nod For Generic Acid Reflux Drug

The product is a generic version of Santarus Inc’s Zegerid powder for oral suspension, Ajanta Pharma says

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GSK Pharma Q1 Net Down 23% At Rs 72.27 Crore

GlaxoSmithKline Pharmaceuticals on Thursday reported a 23.12 per cent fall in standalone net profit at Rs 72.27 crore for the June quarter, on account of increase in expenditure

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Biocon Q1 Net Up 17% At Rs 147 Crore

Biotechnology major Biocon has posted 17 per cent rise in net profit at Rs 147 crore for the first quarter ended June 30 on the back of robust growth in segments like biologics and branded formulations.

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Fosun Agrees To Buy Gland Pharma For $1.4 Billion

Hyderabad-based Gland Pharma's founders and US private equity firm KKR, who jointly hold roughly 96 per cent of the drugmaker, will sell almost all of their stake to China's Fosun

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Torrent Pharma Q1 Net Slumps 55% To Rs 292 Crore

Drug firm Torrent Pharmaceuticals has reported 55 per cent fall in consolidated net profit at Rs 292 crore for the June quarter due to a dip in company’s US business

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China's Fosun To Sign $1.4 Billion Deal For Gland Pharma Stake

In May, Shanghai Fosun had made a non-binding proposal to buy Gland Pharma, which is backed by KKR & Co

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Dr Reddy's Labs Q1 Profit Slumps 75%, Misses Estimates

Dr Reddy's Laboratories Ltd, India's second-largest drugmaker, said its quarterly profit slumped 75 per cent, hurt by fierce competition in its largest market, the United States

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