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Ranbaxy sues US FDA for revoking drug approvals

FDA had cancelled Ranbaxy's approvals to launch generic Nexium, Valcyte Ranbaxy Laboratories Ltd has sued the US Food and Drug Administration (FDA) for revoking approvals granted to the firm to......

AstraZeneca sues Ranbaxy over Nexium

AstraZeneca has filed a lawsuit against Indian major Ranbaxy Laboratories in the district court of New Jersey, US, alleging "wilful infringement" of its patent for esomeprazole magnesium, marketed......

Markets make handsome gains on December F&O expiry

Markets scaled higher on the last day of December derivatives series due to strength in energy and index heavyweight shares such as HDFC and Infosys. The S&P BSE Sensex ended higher 158 points at......

Global cues to dictate market movements

The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term Benchmark share indices ended higher during the truncated week, with defensive shares leading the gains......

Sensex ends over 200 points lower on weak European cues

Among the realty majors, HDIL, Sobha Realty, Mahindra Lifespace and Prestige Estates, DLF and Prestige Estates gave climbed between 2.5-6%.   Markets have closed near day’s low amid......
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  Web results for Nexium
Torrent Pharma in talks to buy Glochem Industries for Rs 300 crore

MUMBAI: Ahmedabad-based Torrent Pharma is in advanced talks to buy bulk drugs supplier Glochem Industries for about Rs 300 crore, people aware of... ...

http://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/torrent-pharma-in-talks-to-buy-glochem-industries-for-rs-300-crore/articleshow/52458610.cms
Cipla - short term pain despite strong base

Cipla surprised the market with a sharp drop of 69% in its quarterly net profit, much below the expectations of analysts. The stock touched a new... ...

http://smartinvestor.business-standard.com/market/Marketnews-386025-Marketnewsdet-Cipla_short_term_pain_despite_strong_base.htm
Cipla slips 7% on Q4 shocker; margins pressure may persist

Investors are worried about management guidance of mid-teen sales growth on the base business (ex-Nexium) over the next three years and EBITDA... ...

http://www.moneycontrol.com/news/buzzing-stocks/cipla-slips-7q4-shocker-margins-pressure-may-persist_6740521.html
Cipla Q4 profit seen up 39%, likely to meet FY16 growth guidance

Cipla is likely to see net profit at Rs 361.76 crore in January-March quarter, up 39 percent from Rs 259.66 crore in corresponding quarter last... ...

http://www.moneycontrol.com/news/result-poll/cipla-q4-profit-seen39-likely-to-meet-fy16-growth-guidance_6573621.html
Neutral rating on Dr Reddy's; Weak Q4; sales down ~3% y-o-y

Dr Reddy's (DRRD) reported weak Q4FY16 sales of Rs 37.6 bn, down ~3% y-o-y with adjusted Ebitda of Rs 8.2 bn (flat y-o-y), 13% below our estimate... ...

http://www.financialexpress.com/article/markets/indian-markets/neutral-rating-on-dr-reddys-weak-q4-sales-down-3-y-o-y/262838/

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