Pharma Industry News
A collection of Pharma latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
India's Torrent Pharma's profit slips as R&D costs outweigh domestic demand
Oct 23 (Reuters) – Indian drugmaker Torrent Pharmaceuticals reported a near 10% decline in second-quarter profit on Friday, as higher spending on research and development outpaced robust demand for chronic therapies in the…
Two workers killed in chloroform vapour leak at pharma unit, TGPCB orders closure
Two employees of a pharmaceutical manufacturing unit were killed after being exposed to chloroform vapours that leaked during a production process at Saraca Laboratories Limited in the Gaddapotharam industrial area of Jinnaram mandal in Sangareddy…
Wall Street Zen Upgrades NervGen Pharma (NASDAQ:NGEN) to Sell
NervGen Pharma (NASDAQ:NGEN - Get Free Report) was upgraded by research analysts at Wall Street Zen from a 'strong sell' rating to a 'sell' rating in a report issued on Saturday, Wall Street Zen reports. Several other analysts also recently weighed…
Centre sets up panel to review pharma marketing rules, examine need for stronger legal framework
The Department of Pharmaceuticals has formed a three-member committee to look into the effectiveness of the existing framework governing pharmaceutical marketing practices and recommend measures to strengthen oversight, including the possibility of…
Computer System Validation in Pharma: A Practical Guide to Risk-Based Testing
Software used in pharmaceutical operations does more than automate workflows. It may manage laboratory results, manufacturing records, quality processes, and other data that support regulated activities. When software affects product quality…
Avalyn Pharma (NASDAQ:AVLN) Stock Falls 5.9% - What's Next?
Avalyn Pharma Inc. (NASDAQ:AVLN - Get Free Report)'s share price dropped 5.9% on Friday. The company traded as low as $25.45 and last traded at $25.64. 67,070 shares changed hands during trading, a decline of 78% from the average session volume of…
NewAmsterdam Pharma (NASDAQ:NAMS) Stock Falls 6.5% - What's Next?
NewAmsterdam Pharma Company N.V. (NASDAQ:NAMS - Get Free Report) shares dropped 6.5% during mid-day trading on Friday. The company traded as low as $20.23 and last traded at $20.1740. Approximately 268,142 shares were traded during trading, a…
Torrent Pharma Q2 net profit falls 10% to ₹534 crore; revenue rises 51%
Torrent Pharmaceuticals reported a 10 per cent year-on-year decline in net profit to ₹534 crore in the second quarter of FY27, even as revenue rose sharply following the consolidation of its businesses after the merger with Mumbai-based JB…
Telangana Minister Highlights Gen Z's Role In AI And Green Innovation
Telangana IT Minister D Sridhar Babu has highlighted Gen Z's pivotal role in spearheading the next wave of AI and green innovation, urging young minds to leverage technology for sustainable solutions through the newly launched Green Skills and…
CoE on green skills, Applied AI opened
IT and Industries Minister D. Sridhar Babu on Friday inaugurated a Green Skills and Applied AI Centre of Excellence in Hyderabad. The facility forms part of a national network of five such centres of excellence established by 1M1B and Microsoft in…
Swiss government accepts it could have handled F-35 procurement better
How Trump's magnet fixation puts Swiss high-tech industry in tough spot Read more: How Trump's magnet fixation puts Swiss high-tech industry in tough spot Swiss drone defence: ‘We're flying partly blind' Read more: Swiss drone defence:…
Dr Reddy's beats quarterly profit estimate on India market lift
Oct 23 (Reuters) – Indian drugmaker Dr Reddy's Laboratories reported a better-than-expected quarterly profit on Friday, as domestic demand helped cushion the slowdown in its key US market. Consolidated net profit after tax fell to…
Exclusive-Dr Reddy's rolls out new generic Ozempic brands amid Obeda supply disruption
HYDERABAD, Oct 23 (Reuters) – Dr Reddy's Laboratories has expanded its portfolio of generic versions of Ozempic with two new brands, according to product photographs and marketing materials reviewed by Reuters, after supply disruptions hit…
Exclusive | MDMA-assisted therapy could get FDA approval as soon as January, top advocate predicts - but there's a major problem looming
A drug once synonymous with rave culture could soon be making its way into a very different setting: the therapist's office. A leading psychedelics advocate is “very optimistic” the Food and Drug Administration could approve…
Microsoft, MeitY Startup Hub, 1M1B launch Green Skills, Applied AI Centre in Hyd
The Ministry of Information Technology (IT), Industries & Commerce, along with the 1M1B Foundation, in partnership with MeitY Startup Hub and Microsoft, inaugurated the Green Skills & Applied AI Centre of Excellence (CoE) here on Friday. With a…
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