[ad_1] Mumbai-based drug manufacturer Cipla Ltd. has informed the exchanges that its manufacturing facility in Bengaluru’s Virgonagar has received a Voluntary Action Indicated status from the United States Food and Drug Administration (USFDA.) Company Value Change %Change A Voluntary Action Indicated (VAI) status means that objectionable conditions or practices were found at the facility, but […]
Cipla shares jump 10% after USFDA paves the way for an important drug launch – CNBC TV18
[ad_1] Cipla Ltd. shares jumped over 10% in early trading on Thursday after the USFDA classified its Goa facility as a “Voluntary Action Indicated” (VAI) status. The Goa facility was earlier re-inspected by the regulator between June 10 – June 21, 2024, post which, six observations were issued. The VAi status now paves the way […]
Cipla shares fall to a five-month low, among top Nifty 50 losers after Q2 results – CNBC TV18
[ad_1] Shares of Cipla Ltd. are down as much as 4% on Wednesday, October 30 and are the top losers on the Nifty 50 index. The fall in the stock price comes after analysts cut their target price on the stock following the company’s September quarter results that were reported during market hours on Tuesday. […]
Explained: Why Lupin, Cipla and other Pharma stocks fell on Thursday – CNBC TV18
[ad_1] Shares of pharma companies tumbled as much as 6% on Thursday, October 10, with the Nifty Pharma index falling 2%. Pharma stocks like Lupin, Cipla, Torrent Pharma, Alkem Laboratories and Aurobindo Pharma were among major laggards. Lupin shares settled 5.58% lower at ₹2,158.50. The stock fell today after two days of consecutive gain. Cipla […]
UBS advises ‘selling’ a bunch of Pharma stocks – CNBC TV18
[ad_1] Shares of pharma companies will be in focus during Friday’s trading session as global brokerage firm UBS has initiated coverage on the pharma sector. UBS mentioned that trends are weakening in both India and the US. UBS has initiated coverage on Zydus Lifesciences Ltd. and Dr Reddy’s Laboratories Ltd. with a ‘Sell’ recommendation, setting […]