Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
Last week, India asked its students in Bishkek to stay indoors following the incidents of violence.
Nearly one in every two medical prescriptions issued in India deviated from standard guidelines, with approximately a tenth showing 'unacceptable deviations', a study, conducted by a team of researchers including those at the All India Institute of Medical Sciences (AIIMS) in New Delhi, has found.
Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.
'We have got enough internal accruals, and we are able to do acquisitions on our own.'
'Every hospital now tracks length of stay closely.' 'More efficiency is brought into the system now.'
Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.
George said the boy from Pandikkad suffered a massive cardiac arrest at 10.50 am on Sunday and efforts to revive him failed.
The Supreme Court on Tuesday reserved its order on the contempt notice issued to yoga guru Ramdev, his aide Balkrishna and Patanjali Ayurved Ltd in the misleading advertisements case.
Medicine Shoppe India, the Indian arm of the largest pharmacy chain Medicine Shoppe International, owned by the US-based drug trading major Cardinal Health, is planning to add about 500 medical stores in India within two to three years.
'This year there is a sharp spike in fever cases, and it seems to be more than the pre-COVID-19 levels.'
rediffGURU Dr Vinod Kumar, a consultant kidney health specialist at Aster RV Hospital, Bengaluru, tells you how you can take care of your kidneys.
India's first woman elephant mahout Parbati Baruah famous as Hasti Kanya, tribal environmentalist Chami Murmu, social worker Sangthankima who runs Mizoram's largest orphanage and plastic surgeon Prema Dhanraj who treats burn victims are among 34 "unsung heroes" awarded Padma Shri on Thursday.
The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.
International hockey can resume only after COVID-19 vaccine is developed: FIH
rediffGURU Nayagam PP counsels students and aspiring professionals on how to pick the right courses and scale up in your career.
I did not take up research for any award.' 'What is more important is the medicine that I have developed.' 'This helps the patient recover and the family is happy that their relative has survived and they go back to their lives.
rediffGURU Dr Shakeeb Ahmed Khan offers advice on how to heal from injuries and take care of your overall health.
Prime Minister Narendra Modi was on Saturday briefed about the new 'Omicron' variant of the coronavirus, and he asked officials to review the plans to ease international travel restrictions in light of the 'emerging new evidence.'
The consumer body passed the order on a plea of one Deepak Gupta, seeking compensation for the deficiency in service by Air France as he lost two baggages during transit which contained his homoeopathic medicines.
Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.
The BCCI is working towards redrafting the salary structure of the Test players in such a way that they get an additional reward apart from the annual retainer contract if they feature in all Test series in the year.
Battling the virus, enduring separation from loved ones, and working extended hours became part of the job.
An International Policy Network report in 2010 found that seven per cent of drugs bought from wholesale traders were substandard, and 3.6 per cent of the drugs from traders contained no active ingredient whatsoever.
rediffGURU Dr Hemalata Arora offers advice on how to improve your overall health and wellness.
The UN Security Council on Tuesday failed to adopt a resolution calling for humanitarian ceasefire in the Israel-Hamas war after a veto by the US.
'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'
'To those who have just finished engineering or MCA or BSc, BBA, I will say they should take up whatever internship opportunities they are getting.' 'They should look for opportunities to learn the latest tools.' 'They should think innovative and try to solve problems. Only when you sharpen your skills, you will remain relevant.'
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Ayurvedic expert Dr G G Gangadharan on how the ancient Indian medical practice needs to be propagated in the country of its origin
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
The Union health ministry on Thursday termed as 'misleading' and 'fallacious' media reports which claimed that regulatory approval for COVID-19 vaccine Covaxin was rushed due to political pressure.
The coveted QS rankings indicate that India is slowly but steadily overtaking other nations in the field of education.
Including foods rich in Vitamin C, such as citrus fruits, berries, kiwi, and leafy greens, can help meet the recommended daily intake, suggests Dr Prasad Kuvalekar.
Focus on consuming fewer calories overall to create a calorie deficit, which is necessary for weight loss, advises rediffGURU Dr Shakeeb Ahmed Khan.
Breathlessness, eye problems, muscle weakness, dementia, weight loss, concentration issues and disturbed sleep cycle have been commonly observed among people months after recovery from coronavirus infection, healthcare specialists said.
Entering Iran may lead to trouble for those having significant presence in the US market.
The patients were being administered paracetamol, and not Remdesivir drug, which was used for patients in the first and second COVID-19 waves, they said.
South African cricketer Herschelle Gibbs, whose autobiography 'To the Point' has irked fellow players and administrators, is about to get a taste of his own medicine when a book by former Proteas coach Mickey Arthur would hit the stores on Monday.
