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January 23, 2024
On Monday, Cipla reported a 31.8% year-on-year (YoY) jump in its October-December quarter consolidated net profit at Rs 1,056 crore. It was Rs 801 crore in the year-ago period.
August 16, 2023
Its large presence in Indias branded generic drug market exposes it the most to a risk from trade generics. But other major pharma companies are at risk too
July 30, 2023
Trade generics are branded medicines that are not promoted to physicians but are directly sold through retailers and distributors. In India, trade generics have a market share of 20% by volume and 5-6% by value, according to data and analytics firm IQVIA. The segment is growing around 14-15% per annum.
June 23, 2023
Dr Reddys aims to roll out its trade generics across cities and towns in India, including rural areas. The company said it will work closely with its channel partners to ensure the availability of its products.
December 16, 2022
Just Dial has ramped up its sales force, making employee expenses front-ended and leading to lower margins. This will improve as the workforce matures, Nuvama said