About the Approval Cipla Limited, a leading pharmaceutical company, has secured final approval from the USFDA for its generic version of Somatuline Depot (lanreotide) Injection. This approval opens doors for Cipla to enter the lucrative US market for the treatment of Acromegaly and Gastroenteropancreatic Neuroendocrine Tumors (GEP-NETs), estimated at approximately USD 898 million annually. Cipla’s …
Domestic indices oscillated between modest gains and losses today, with broader indices reflecting a similar trend. Notable gains were observed in the FMCG, power, and capital goods sectors, while the banks and financial services sectors were the major laggards. At 10:45 am, the BSE Sensex added 0.13% reaching a level of 74,047. The Nifty 50 …
The benchmark index S&P BSE 500 opened today at 33,598.11 and made its day high at 33,598.11, and it is trading flat today, up by around 0.06%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. KIOCL Ltd Shares of KIOCL …
On Wednesday, the benchmark indices were trading mixed with the Sensex up around 45 points or 0.05% at 73,982, while the Nifty-50 was down around 8 points or 0.03% at 22,523. About 1,377 shares have advanced; 1,703 declined and 114 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: The …
On May 22, 2024, Strides Pharma Science Limited (Strides) informed in an exchange filing that its step-down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has got a nod from the United States Food & Drug Administration (US FDA) for the generic version of Sucralfate Oral Suspension, 1gm/10 mL. Sucralfate Oral Suspension is bioequivalent …
On May 21, 2024, Indoco Remedies informed the exchanges that the company got final approval from the U.S. Food and Drug Administration (US FDA) for Abbreviated New Drug Application (ANDA) for Pregabalin capsules 25mg, 50mg, 75mg, 100mg, 150mg, 200mg, 225mg and 300mg. The company stated that the Pregabalin capsules are a generic equivalent of the …
On May 21, 2024, VST Tillers Tractors Ltd informed the exchanges that it has partnered with Axis Bank. The company has signed a Memorandum of Understanding (MOU) with Axis Bank to provide financial solutions for farmers purchasing tractors and farm mechanisation products. According to the agreement, Axis Bank will offer financial solutions to VST’s prospective …
On May 21, 2024, Royal Orchid Hotels Ltd (ROHL) announced via an exchange filing the signing of ‘Regenta Resort,’ a luxury 5-star retreat near the world’s tallest statue, the Statue of Unity, in Kevadia, Gujarat. This will be the 15th ROHL-branded hotel in Gujarat. Strategically situated close to this globally recognised tourist attraction, Regenta Resort …
In the latest trading session, while the frontline indices ended with mixed results, the Nifty Metal Index emerged as the star performer. Metal stocks such as Hindustan Zinc, Hindalco, Hind Copper, and Vedanta captured significant attention as copper prices soared towards record highs. This surge was driven by the Chinese government’s decision to purchase unsold …
On May 21, 2024, Reliance Industries Limited (RIL) informed the exchanges that the company and Nel Hydrogen Electrolyser AS had entered into a technology licensing agreement. The agreement offers RIL an exclusive licence for Nel’s alkaline electrolysers in India and also allows RIL to manufacture Nel’s alkaline electrolysers for captive purposes globally. Nel Hydrogen Electrolyser …
