Quality issues Fail to Dent Indian Pharma Exports But Reputation Takes a Hit
Source: News18 Despite multiple complaints raised over the quality of Indian medicines, there is no impact on the export values of pharmaceutical products, said a top pharma official in the Narendra Modi government.“However, it has certainly made a dent in our image,” Udaya Bhaskar, director-general, the Pharmaceuticals Export Promotion Council of India (Pharmexcil), told News18 […]
Pharma stock falls by 7% after USFDA inspection
Source: Tradebrains Share price of an integrated global pharmaceutical company fell by nearly 6.95 percent and closed at Rs. 1,070.45 on Thursday, which is the biggest single-day fall since November 2022. With a market cap of Rs. 62,724 crore, shares of Aurobindo Pharma Ltd. opened at Rs. 1,155.05 on February 1st, compared to its previous close of […]