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Latest Articles in Finance

Wockhardt’s Q2 FY22 Revenue Grew By 21% Over Q2 FY21

The Company recorded substantial growth in Revenue (up by 21 per cent over previous corresponding quarter) and in EBITDA at Rs 109 crore compared to a nominal profit of Rs 27 crore in the corresponding quarter of the previous year.

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Gland Pharma Looking At Complex Injectables, Biosimilar Space To Fuel Future Growth

The Hyderabad-based drug firm noted that it has made good progress in the R&D field for planned submission batches for complex injectables to be filed in the current financial year.

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Tarsons Forays Into Rs 24,000 Cr Global Market For PCR, Cell Culture Products

The company got approval from the capital market regulator SEBI on October 29 for the initial public offering. It will raise Rs 150 crore fresh capital, while 1.32 crore shares will be on offer for sale from promoters and a private equity investor. There is no company in India into PCR and cell/tiss

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Changing How India Pays For Healthcare

We need to change the way we pay for our healthcare and bridge the gap between what our health insurance pays for and our family’s actual healthcare expenses.

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J&J Settles Most Risperdal Lawsuits, With $800 Mn In Expenses

J&J said in a filing with the U.S. Securities and Exchange Commission on Friday that it reached a settlement in principle in September to resolve 'substantially all' of the roughly 9,000 cases that the New Brunswick, New Jersey-based drugmaker faced over Risperdal.

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Delta Variant, Shortages Severely Restrict US Economic Growth In Q3

The weaker-than-expected growth reported by the Commerce Department on Thursday also reflected decreasing pandemic relief money from the government to businesses, state and local governments as well as households.

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Zydus Wellness At Rs 21 Cr Profit In Q2

Revenue from operations for the second quarter of FY22 stood at Rs 380.13 crore as against Rs 340.32 crore in the year-ago period.

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Vera Clinics To Setup Over 300 Primary Smart Clinics

The company is about to invest $15 million in the first phase.

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Gates Foundation Allots US$120 Mn For Poor Nations To Get COVID Drug

The money will support efforts to develop and make generic versions of what could become the first oral antiviral medication for the disease if it wins regulatory approval, the foundation said in a statement.

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