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PENICILLIN G PLANT
Drug companies set for improved revenue growth in June quarter amid US market challengesIndian pharma and healthcare companies anticipate improved revenue and profit in the June 2025 quarter, fueled by domestic market growth. H...- Aurobindo Pharma shares in focus after fire at Andhra Pradesh facility; operations paused for 20-25 daysAurobindo Pharma reported a fire at its Penicillin-G facility in Kakinada SEZ, damaging ancillary equipment but sparing core infrastructure...
- Capacity push and new drugs critical for Aurobindo's healthA delay in drug approvals in the US market remains a concern for Aurobindo. The company stated that eight ANDAs (abbreviated new drug appli...
- What to buy in a falling market? CLSA upgrades Varun Beverages to high conviction outperformBrokerages issued updated recommendations on Balkrishna Industries, Varun Beverages, and Aurobindo Pharma. Balkrishna sees market share exp...
- Lyfius Pharma Penicillin-G plant inaugurated by PM ModiPrime Minister Narendra Modi virtually inaugurated Lyfius Pharma's Penicillin-G plant in Kakinada, Andhra Pradesh, with a production capaci...
- PM Modi to inaugurate Penicillin-G plant in Andhra Pradesh, reviving India's antibiotic productionPrime Minister Narendra Modi is expected to inaugurate a new Penicillin-G plant in Andhra Pradesh, marking the revival of domestic producti...
- Plant for production of Penicillin G & Clavulanic acid to start soon: Department of PharmaceuticalsThe Department of Pharmaceuticals has announced that India will soon start producing Clavulanic Acid, a key ingredient in the antibiotic Au...
- Aurobindo Pharma to commercialise China plant in third quarter of FY25: CFOAurobindo Pharma's China facility is set to start production in the next quarter, with full-scale output expected in the next fiscal year. ...
- The penicillin war: India's journey from self-sufficiency to dependence on ChinaAfter India lost its dominance in making penicillin, a drought of three decades is coming to an end. The drug – which forms the base for a ...
- India all set to make Penicillin G after three decades on PLI pushIndia stopped producing the two input drugs about three decades ago and since then it has relied on China for their supplies. "As of now, w...
- Aurobindo Pharma commissions four plants in Andhra Pradesh including Pen-G facilityThe Rs 2,400 crore Pen-G plant is expected to start trial production in April and commercial production in a couple of months and the rampi...
- 40 medical devices, bulk drug units take off under PLIMinister for Chemicals and Fertilisers Mansukh Mandaviya said the country has taken a big step towards self-reliance, with the commissionin...
- Aurobindo Pharma aims to complete Rs 2000 Cr Pen-G plant in Andhra Pradesh by March'24Out of Rs 2000 crore, the drug maker has already spent around Rs 500 crore and Rs 1,500 crore is going to be spent in the coming year. The ...
- India relies on China for 90 per cent of drug raw materialsIndia's acute dependence for key raw materials which are used to make at least 15 essential drugs can affect pharma industry if a situation...
- Government plans to reduce pharma industry's dependence on ChinaThe pharma industry body has submitted a list of drugs whose production has either shifted to China or whose manufacture is dependent on Ch...
- Alembic Pharma sales up 34%, plans Brazil forayAlembic Pharmaceuticals has posted 34% rise in net sales in its first quarter result after being carved out of Alembic Ltd.
- Antibiotics may get costlierThe government may levy duty on two important drug ingredients imported from China and Mexico to protect local suppliers.
- Alembic demerges core pharma biz, forays into realtyIn a bid to separate a bleeding Penicillin-G business from its other businesses, the 103-year-old Alembic Ltd has decided to hive off its c...
- NPPA cuts prices of three bulk drugs; Cipla, GSK to take a hitNPPA has reduced the price of salbutamol sulphate by almost 6% to Rs 4,478 per kg from Rs 4,748 per kg.
- Indian pharma cos take shot of penicillin GTo take advantage of sharp increase in penicillin G prices and its demand, Indian companies such as Alembic, Aurobindo Pharma and Hindustan...
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