Pharma News India
The growth is driven by the steady growth seen by the sector.
Mumbai, October 14, 2014: Pharmaceutical companies are expected to post a strong top line growth and improved profitability in the second quarter results of the current financial year. According to a report from Edelweiss Securities, it expects a robust growth of 18 per cent in revenues, EBITDA 22 per cent and earnings ...
The move is expected to boost its presence in a market worth US$ 4 billion.
Mumbai, October 7, 2014: The Indian drug firm Cipla has announced setting up of a plant in Iran as a part of its strategy to increase its presence in a market worth US$ 4 billion. The pharmaceutical market in Iran is growing at a rate of 13 per cent annually.
With the increasing reach in rural markets, the OTC market in India is set to rise.
New Delhi, October 6, 2014: The over the counter (OTC) drug market in India is expected to register robust growth with pharma companies and chemists increasing their presence in the rural parts of the country.
The company is expecting revenue of US$ 10 million in next three years from the market.
Chandigarh, September 29, 2014: Pharma major Venus remedies will soon start selling its pain reliever Trois in the Singapore market and is expecting revenue of US$ 10 million over the next three years.
The company expects it's top line to touch a level of Rs 1,450 crore by the end of this fiscal.
New Delhi, September 25, 2014: The herbal wellness firm, Himalaya Drug Company is expecting a growth of over 12 per cent in its revenue to touch the Rs 1,450 crore level in the current fiscal on the back of robust sales in the domestic market.